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What is the impact as my floating rate loan is partly disbursed?

disbursed floating impact loan Partly rate
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What is the impact as my floating rate loan is partly disbursed?

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For all past disbursements, the new rates will be applicable on the disbursed amount from the next reset date i.e. August 01, 2008 or October 01, 2008 as applicable. All further disbursements would be at the revised rates.

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Your interest rate will reduce by 50 basis points (0.5%) in line with reduction in FRR

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