Banking · Loan Products
As per the Basic Operating Instructions on Loan Products, which type of loan is typically liquidated through a single balloon payment or bullet payment at the end of the tenure or harvesting season, rather than regular monthly installments?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Personal Loan
- 2Agricultural Crop Loan (Kisan Credit Card)✓
- 3Vehicle Loan
- 4Home Loan
Correct answer
Agricultural Crop Loan (Kisan Credit Card)
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