Economics · Indian Economy
What is 'Teaser Loan'?
- 1Fixed interest rate loans offered by banks.
- 2Floating interest rate loans offered by banks.
- 3Loans with initially low interest rates that increase after a certain period.✓
- 4Loans with initially high interest rates that decrease after a certain period.
Correct answer
Loans with initially low interest rates that increase after a certain period.
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