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متابعة

How long is the period of long term loan ?

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تم إضافة السؤال من قبل Usman Mumtaz , Security Guard , Spark Security Services UAE
تاريخ النشر: 2016/05/24
MUDASSIR JAVED
من قبل MUDASSIR JAVED , Assistant Manager , IDBI BANK LTD

 Long Term usually last between  more than three and ten years, but may last as long as 30 years in some cases.

if the loan exists more than a year, then it is considered as long term loan 

Usman Mumtaz
من قبل Usman Mumtaz , Security Guard , Spark Security Services UAE

according to the general books of accounts its about three to five years of time 

Abdi Ismail
من قبل Abdi Ismail , Free lancer Management consultant , ISTAG CIC

It depends on many factors that are clearly stipulated on the agreements, but for long-term loan the minimal period is 10 years.  

Rabia Hakim
من قبل Rabia Hakim

In general long term loans have a repayment periods of three years

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