Government to give good news to government employees, buy house 25 million advances

By | November 10, 2017

Government to give good news to government employees, buy house 25 million advances

Government to give good news to government employees, buy house 25 million advances

Government to give good news to government employees, buy house 25 million advances

The central government will advise the employees to make a new home or to give a personal loan of up to 25 lakhs on ordinary interest like 8.50% for buying a house. Prior to this, the advance amount was Rs 7.50 lakh and the interest rate was 6-9.50%. A senior official of the Ministry of Housing and Urban Affairs said that for the

last 20 years, the advance of 25 lakh rupees can save up to 11 lakh employees from other companies. Explaining the details, he clarified, “If a 25 lakh loan is

taken from a bank like a bank for 20 years, a monthly installment of Rs. 21,459 is made from a rate of 8.35% cycle rate.” He said that

the amount paid at the end of 20 years is

51.50 lakh, including the amount of interest of Rs 26.50 lakh. While housing building advance has been paid

for a 15 year advance, it has to

pay a total of 40.84 lakhs, with an interest of 25 lakhs. Which includes 15.84 lakhs of interest.

Another important thing is that if a couple is a Central Government employee, then they can take advantage of this Advance Plan either separately or together.

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In general, the higher the potential return, the higher the risk of potential loss.
Although some funds are less risky than others, all funds have some level of risk –
it’s never possible to diversify away all risk also –

even with so-called money market funds This is a fact for all investments.
Each mutual fund has a predetermined investment objective that tailors the fund’s assets also regions of investments and investment strategies.
At the most basic level, there are three flavors of mutual funds also :
those that invest in stocks (equity funds) also those that invest in bonds (fixed-income funds),
Those that invest in both stocks and bonds (balanced funds), And those that seek the risk-free rate
(money market funds) also.

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