How To Calculate Loan Monthly Reducing Balances Interest? - Number of time lender promote their loan products quoting Reducing Balance EMI. This is the method ...

The Net Interest Margin is the difference of Interest Income generated through various sources and expenses made out on interest to lenders on various items ...

One Time Settlement Scheme , OTS effect on Credit History of an Individual future credit history : Just as all information about credit availed (amount ...

How much time bank would take in returning the title deeds /securities after closure of loan. Banks should return all the securities / documents/title deeds ...

Insure the Loan from Bank - Yes. One will have to insure the property etc. as required by the bank during the tenure of the loan. However, banks cannot insist ...

Collateral Security - This is generally defined as additional security borrower offers a lender to secure a loan. Banks may take some additional securities ...

Penal Charge for Prepayment of Loan  - Yes, most banks allow you to repay the loan ahead of schedule by making lump sum payments. However, banks may charge a ...

Interest Rate Reset Clause - An 'interest rate re-set' clause allows a bank to review and reset rates at the end of a specified period of time based on ...

Fixed Interest Rate - An interest rate on a loan / credit facility that remains fixed either for the entire term of the loan or for part of this term is ...