any fixed assets should be kept for security ????

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any fixed assets should be kept for security ????

chimmata chaitanya 27th Jan, 2018

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Tanya Gupta 6th Jan, 2022

Hi,

You have not clearly mentioned your question but I am guessing you mean keeping asset as security for a Loan. Yes, any kind of fixed asset, be it building, land, machinery, etc. Any kind of fixed asset can be kept as a security for acquiring loan from a bank.

I hope this helps,

All the best.

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