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CGTMSE To Cover Retail Trades & Collateral Loans also

CGTMSE Coverage extended to Retail Trade & Collateral Loans also - Now Retail Trades & partial collateral loans may be covered under Credit Guarantee Scheme of CGTMSE. A decision in this regard taken under “Rebooting CGTMSE” organized by Ministry of MSME...

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How To Calculate Loan Installment to Income Ratio (IIR) ?

Installment to Income Ratio  is used to calculate the loan eligibility of the customer. This IIR  denotes the portion of the customer's monthly installment on the Home Loan or any other loan taken. As a rule of thumb, the banks use...

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How To Calculate Loan to Value ratio LTV / LCR ?

Calculate Loan to Value ratio (LTV). LCR stands for the Loan to Cost ratio. LTV ratio used by banks  to calculate the loan amount that a person is eligible for on the total cost of the property. There is a...

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How To Calculate Fixed Obligation to Income Ratio (FOIR) in Loans ?

Fixed Obligation to Income Ratio is an important parameter in Loan calculation while maintaining Rating Chart.  Procedure for FOIR Calculation : In FOIR calculation, the Bank takes into account the installments of all other loans previously availed of by the...

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