Difference Between Registered and Equitable Mortgage-askbanking

Difference Between Registered and Equitable Mortga

Know the difference between Registered and Equitable Mortgage and also know about the MODTD process in getting Bank Loan for Mortgages, Home & other purposes. In general term, if you own a property, and want to take a loan from

Why encumbrance certificate is required-askbanking

Why encumbrance certificate is required? 

Why do Encumbrance Certificate is required while taking a Mortgage based loan from the bank like Home Loan, Mortgage loan or Education loan for abroad study. This is must have document when you apply for home loan or mortgage loan

Restructure SBI Retail Loans Online

COVID19 Loans – How To Restructure SBI Retai

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 smooth and hassle-free implementation of restructuring of retail loans. The process is simple

Understand Credit Score

How to Understand Credit Score & Credit Infor

Understand Credit Score & Credit Information Report (CIR) – In general, every credit rating agencies like CIBIL, Experian etc. allotting a three-digit number, typically ranging from 300 to 900, that is the result of an analysis of your credit file.

Guaranteed Emergency Credit Line (GECL)

How Will Rs 3 Lakh Crore Emergency Credit Line (GE

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 other business entities. GECL is said to be cheaper and easy working capital. For the

Bankruptcy Code amandment

Government Suspended Bankruptcy Code, What Does It

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 companies from failing in commitment of repayment. It means companies are now not dragged into

calculate-cutback

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 can afford to repay per month in EMIs or Equated Monthly Instalments. What the

UDIN

Unique Document Identification Number (UDIN) For C

Unique Document Identification Number (UDIN)  is being introduced by CA Institute for Checking Authenticity of CA-Certified Documents. Using UDIN, Banks and other regulators like RBI, SEBI etc, will now have a mechanism to check the authenticity of various documents certified by practising