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Ask and discuss your queries related to different loans and advances like Auto Loans,Housing Loans, SME Loans,Personal Loans,Overdraft,CC limits etc. Share and discuss on various topics related to Advances and Loans.

What is P2P Lending ?

Recently P2P lending is much in news after RBI revised the policy with Rs 50,000 maximum cap. What exactly is the P2P lending ?  P2P lender simply brings lenders and borrowers together on a common online platform so that they can transact with each other. P2P lending is a type of debt financing that allows individuals as well as businesses to ...

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Bank Loan For DDA Housing Scheme 2017-18

Compare the Bank loan of different bank for DDA Housing Scheme. Delhi development authority (DDA) is all set to release the scheme of their 13,000+ housing flats within Delhi. These flats are categorized in various income groups like Higher Income Group, Middle Income Group, Lower Income Group along with Janta flats. These flats are located at various part of Delhi. ...

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How To Calculate Security Coverage Ratio ?

security-coverage-ratio

Security Coverage Ratio  – This is the most required terminology in the field of loan assessment. Majority of loan inclusive of Term loan and SODH limits are assessed based on this formula. Security or asset coverage ratio is the measurement tools for company debt obligations against its assets. There are many bankers which define the security coverage ratio as the ...

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Eligibility FAQ Stand-Up India Loan Schemes ?

Stand-Up India Loan

What are the eligibility criteria for Stand-Up India loan schemes ? Know the FAQ on eligibility FAQ about Stand-up India Loan schemes to Women, SC/ST entrepreneurs. Click To Read :  What is Stand-Up India Loan Schemes ? What is the Objective of Stand-Up India Loan Schemes ? 1. What is the objective of “Stand-Up India” Scheme? The objective of the ...

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What is the Objective of Stand-Up India Loan Schemes ?

Stand-Up India Loan

The objective of the Stand-Up India Loan scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. Click To Read :  What is Stand-Up India Loan Scheme ? This enterprise may be ...

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What is Stand-Up India Loan Scheme ?

Stand-up India

The “Start-up India Stand-Up India” loan schemes are the initiative  announced by the Prime Minister in his address to the nation on August 15, 2015 to promote bank financing for green field enterprises promoted by SC/ST/ Women entrepreneur. The scheme would be operated through 1.25 lakh bank branch network of scheduled commercial banks across the country.

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How Does RBI Rate Cut Impact EMI of Loan ?

Lower Interest Rate

How Does RBI Rate Cut Impact EMI of Loan ? – Reserve Bank of India has cut the repo rate in their bi monthly review for year 2016-17 by 0.50% to 6.50% present. After the reduction of Repo Rate many of the leading commercial banks in India like SBI, Syndicate Bank, ICICI Bank, HDFC bank, PNB, Bank of India, Bank of ...

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Basic Details of Marginal Cost of Funds based Lending Rate (MCLR) By RBI

mclr calculation

Marginal Cost of Funds based Lending Rate (MCLR) is a new lending rate introduce by Reserve Bank of India (RBI) which is to be implemented by 01-04-2016. MCLR will be the internal bench mark rate of the bank along with  existing lending rate system i.e. Base Rate from the Banking Industry. The sole reason the introducing the MCLR i.e. Marginal ...

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