It’s called a prepayment of loan. There are prepayment charges/penalty on foreclosure of a loan. For more details please read the terms and conditions in the loan agreement.
It’s called a prepayment of loan. There are prepayment charges/penalty on foreclosure of a loan. For more details please read the terms and conditions in the loan agreement.
Thanks Master! Can I invest the money received from personal loan into shares?
You cannot invest money received from personal loan in speculative business. So if you are looking for trading in shares than clear 'no'.Originally Posted by Aansh
Intraday and future trading is termed as speculative, but one can invest in MFs and shares for long term.
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