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If a banker allows an advance by keeping 25 margin and the amount of loan is Rs 1 lakh the value of security would be?
If a banker allows a loan of Rs 1 lakh against a margin of 25%, it means that the borrower must provide security worth 25% of the loan amount. Therefore, the value of the security required would be Rs 1 lakh divided by (1 - 0.25), which equals Rs 1 lakh / 0.75 = Rs 1,33,333.33. Thus, the value of the security would be approximately Rs 1,33,333.
How do you write 254 Rs in Lakh in number?
To convert 254 Rs into lakhs, you need to know that 1 lakh is equal to 100,000 Rs. Therefore, to express 254 Rs in lakhs, you divide 254 by 100,000, which gives you 0.00254 lakhs. In numerical form, it is written as 0.00254 lakh.
What is the fees of MBA for mat students?
RS 2 LAKH to RS 5 LAKH
How do you write the number rs 1 crore 50 lakh?
1,50,00,000.
How many Indian rupees in 1 Lakh?
Rs. 1,00,000/- or One hundred thousand rupees is one Lakh.
How much interest will a deposit of rs 1 lakh fetch in 1 month in sbi?
1lakh willget
Rs 6 Lakh convert to Philippine peso?
To convert Rs 6 lakh (600,000 Indian Rupees) to Philippine pesos, you need the current exchange rate. As of October 2023, the exchange rate is approximately 1 INR = 0.68 PHP. Therefore, Rs 6 lakh would be roughly 408,000 Philippine pesos. However, please check the latest rates for the most accurate conversion.
How do I get 1 lakh per month through bank deposit?
If you want Rs. 1 lakh per month from a bank deposit as interest you need to deposit Rs. 1.5 crores in a fixed deposit that pays 8% interest per year. @ 8% your deposit of 1.5 crores will earn Rs. 12 lakhs as interest every year which when divided by 12, you will get 1 lakh every month. Banks will be more than happy to even offer a slightly higher rate - sau 8.5 or 9% for such large deposits.
How do you write the number rs 2 crore 50 lakh?
In the Indian number system, a lakh is equal to 100,000 and a crore is equal to 10,000,000. Rs is an abbreviation for the rupee, the currency of India, Pakistan, and Hyrule. Therefore rs 2 crore 50 lakh is equal to 25,000,000 rupees, which is currently equal to 557,098.33 American dollars.
2.3million is equal to how many Indian rupees?
23 LAkh Rs
How many indian rupees in 2 lakh euro?
13756 rs
Pay scale of assistant manager in icici bank?
Rs. 4.25 lakh
