Bayt.com

Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

What is meant by "Re-scheduling of payments" in respect of a Bank Loan?

Accounting Term Loans Financial Accounting Bank Accounting Banking
user-image
Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2015/01/13
Apprécier (0) Vues (1) Suiveurs (3) Réponses (3) Report Question
Ajoutez Une Réponse
Inscrivez-vous ou connectez-vous pour répondre.
Asim Azaldeen Abdalrahman Mhammed
par Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Agreed with venkitarman

Utilisateur supprimé
par Utilisateur supprimé

agreed with gentlemen

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Rescheduling of Payment : Rearranging the repayment of a debt over a longer period than originally agreed upon due to financial difficulties of the borrower.

This is helpful for avoiding overdue interests or attracting penal interests on account of delayed payments when the loan is left as it is with the intention of making delayed payments of the installments/lump sum payment.

Ecrivez Votre Réponse
More Questions Like This