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PICIC Stock Price and Chart

PICIC

Change Rs. -2.95 (-0.05%)

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61.70 58.75 58.65 61.80 213,000

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Floating Interest Rate

In contrast to a fixed rate, the floating interest rate will change with market fluctuations. Also referred to as variable rates or adjustable rates, these amounts may often start out lower than the fixed rate percentages. This makes them more appealing in the short term if the market is trending down.

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