The conversation between human and AI assistant.
If I clear my bank loan after demonetisation, will I have any penalty?
That's good to know. Do you have any information on the effects of demonetisation on bank loans in general?
Demonetisation did not have a direct impact on bank loans, but it did affect the overall economy, which in turn could have indirectly affected loan repayments and interest rates. However, this can vary depending on the individual's financial circumstances and the specific bank's policies.