Repayment Option For the Borrower’s
Before taking a long term loan a person should find out which repayment facility is suiting him. For the repayment option banks have customized their terms as per the requirement of the clients. Let’s discuss the different type of repayment option a loan seeker can get. SURF (Step up Repayment Facility): This is the loan which has been set up by banks to facilitate its customers to pay back their loan in the EMI’s. This mode of repayment is for the customers, who are just starting their career. This repayment method allows the customers to get a large amount for...