Need A Financial Product Forums Loans As investing the personal loan amount beneficial proposition

This topic contains 1 reply, has 2 voices, and was last updated by  Rachana Nagar 3 years ago.

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  • #48498

    I am planning to take a personal loan fro 2 years from Fullerton and invest the loan amount in a fixed deposit with centurion Bank of Punjab. Do you think that I can earn from this arrangement?

    #48499

    Arti Shastri
    Member

    Personal loan is usually available at an annual rate of interest of 15 ? 26% and rate of interest for fixed deposit lies between 9 to 9.5% annually. So, where lay the benefit and earnings?

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