What is the maximum loan amount permitted under the Personal Loan in India? - Study24x7
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265 followers study24x7 03 Nov 2020 06:57 PM study24x7 study24x7

What is the maximum loan amount permitted under the Personal Loan in India?

A

Depends upon the income of the borrower

B

Maximum amount is such that EMI is not more than 40-50% of the monthly income.

C

Unlimited

D

Both a and b

Banking
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