How is the interest in LAS account calculated?

How is the interest in LAS account calculated?

Interest is calculated on daily basis on the utilized amount and charged on the last working day of the month. The borrower needs to service the same on monthly basis.

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      You can repay the loan either by selling shares pledged to us or by paying the amount. If you wish to sell the shares, please inform us through mail and we will sell the shares to settle the loan outstanding plus interest. You can close the loan by ...
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      After closing the loan the shares will be transferred to your Demat account as per your instruction. 
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