Hi,
This is Nanda Kishore from Bangalore working as a Software Engineer. Now Citi Bank if providing Personal Loans on low interest for 13%. I have a thought to take Personal Loan for 3 Lacks and give it for 18% interest to my friends or relatives, doing business at my Village.
I will take loan on EMI basis from Citi Bank and i will get the interest on monthly basis from my friends/relatives. Please clarify my query in detail and give me your valuable suggestions. Let me know if i am thinking wrong.
Thanks,
regards,
Nanda Kishore