Market Loan is being lent for 4 years term with 13.00% interest rate per annum.
In first year, the only interest amount by the type of overdraft loan can be paid for quarterly based and also next year only interest amount by the type of Term Loan can be paid quarterly based. For third year and fourth year the amount for interest and capital can be paid by the amoritizaton method for 8 times. Total Loan term is for 4 years.
