A mortgage is the transfer of interest on a fixed immovable property in order to pay in advance or to proceed with a loan, an existing or future loan, or the performance of an engagement that may give rise to a financial obligation. Different types of mortgages: Easy mortgage Mortgage by conditional sale Useful mortgage. …
What are the different types of mortgage loans? Mortgage Loan. Read More »
Buying a car is a dream come true for many. The car is a luxury and most of us can’t afford to buy it for a single payment. This will drain our savings and not leave us much to take care of our other financial needs. There are many lenders available in the market to …
The basic parameters that a bank manager considers before approving a loan are character or past financial transactions. They evaluate the credit rating of the borrower through independent agencies like CIBIL and CRISIL or through the bank’s own internal ratings based on financial information. In addition, they evaluate the borrower’s capital or creditworthiness. Finally, qualifications …
How to get bank Loan? Bank Loan । । Bank Loan Money. Read More »
Before we get into how loans work, let’s look at how banks create loans or how banks get money to lend. Banks receive money from four main sources Capital: During and after formation, banks collect money in the form of capital from shareholders. Loans: Banks borrow from other banks, multilateral entities such as IFCs, or …
How does a bank loan work? Bank Loan ।। How to get Loan?? Read More »