Loan FAQ
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COVID19 Loans – How To Restructure SBI Retail Loans Online ?

Know the step by step process to Restructure SBI Retail Loans Online of COVID -19 moratorium period - India's largest lender has launched an online portal for ...

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How to Understand Credit Score & Credit Information Report (CIR) ?

Understand Credit Score & Credit Information Report (CIR) - In general, every credit rating agencies like CIBIL, Experian etc. allotting a three-digit ...

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How Will Rs 3 Lakh Crore Emergency Credit Line (GECL) Work ?

The Rs 3-lakh-crore Guaranteed Emergency Credit Line (GECL) was announced as the relief package for the MSMEs (Micro, Small and Medium Enterprises) as well as ...

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Government Suspended Bankruptcy Code, What Does It Mean for Banks ?

Bankruptcy Code suspension for one year, announced by the finance minister of India under COVID-19 relief package. It is done to provide relief to the ...

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How to Calculate Cutback in Loan Appraisal?

Calculation of Cutback is an important parameter for deriving the loan eligibility. THE amount you can borrow from banks or any lender depends on how much you ...

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Unique Document Identification Number (UDIN) For Checking Authenticity of CA-Certified Documents

Unique Document Identification Number (UDIN)  is being introduced by CA Institute for Checking Authenticity of CA-Certified Documents. Using UDIN, Banks and ...

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Bank’s Legal Notice Served Through WhatsApp is Valid For Loan Recovery

A big relief for lenders and bad news for defaulter of  loan or credit card payment or someone who are evading the bank by not receiving their calls or ...

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How To Calculate 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 ...

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How Does RBI Rate Cut Impact EMI of Loan ?

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. ...

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