Multiple choice

A depositor is required to deposit a certain sum of money for a minimum period of …………………………. to be eligible for a loan under Home Loan Account scheme of National Housing Bank.

  1. 1 year

  2. 2 years

  3. 3 years

  4. 5 years
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

To be eligible for a loan under the Home Loan Account Scheme, a depositor must maintain the account and save for a minimum period of 5 years.

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