Instant CashPersonal LoanEmployer Tie-upLoginBlogs

Profit and Loss Statements

What does it mean?

Profit and Loss Statements are similar to income statements. They maintain a record of a business’s net income and costs for any given period of time as well as the ability of the company to generate profits in synchronization with other factors.

Points to remember  

  • These statements are usually used to evaluate a company’s performance at any point of time.
  • They also help in analysing the cash flow of the company while helping the company regulate it and invest better.
Related Terms
Interest Rate
NACH
Credit Report
Collateral
Credit Line
Share us on:
Popular terms

Fibe: Your One-Click Solution For Instant Loans
A sudden need for a large amount of money or a loan can, of course, occur at any point in life, as many of us may now have experienced.
Looking for a Loan ?
Life is full of expenses - both essential and aspirational. Funding either (or both) of them should really not be an issue. […]

Personal Loan EMI Calculator

Skip the manual calculations. Use the Fibe EMI Calculator to accurately determine your repayment amounts, interest charges, and more.

Fibe's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers personal loan of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.

Your EMI Amount is

₹  

13,107

Loan Amount

₹145,000

Min

Max

₹8,000

₹10,00,000

Interest rate

14%

12

30

Select EMI option

12 Months

3

36

Months

Months