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Bank Account Queries

Revised Performance Linked Incentive Calculator for Public Sector Banks

Revised Performance Linked Incentive Calculator for Public Sector Banks - The Finance Ministry has unveiled a performance-linked incentive (PLI) scheme for the...

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Bank Account Queries

Difference Between Registered and Equitable Mortgage

Know the difference between Registered and Equitable Mortgage and also know about the MODTD process in getting Bank Loan for Mortgages, Home...

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Bank Account Queries

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...

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SBI

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...

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Loan FAQ

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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Loan FAQ

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)...

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Loan FAQ

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...

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Bank Account Queries

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...

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