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Have you been wondering how to check your HELB loan balance? Here is a detailed guide on how to confirm your loan balance and ...
Under the scheme, eligible applicants can access concessional loans of up to ₹4 lakh to establish their own businesses, with implementation managed by respective development corporations. Eligibility ...
Shares of Muthoot Finance slumped over 6 percent on Friday, April 11, following the Reserve Bank of India’s release of draft guidelines on gold-backed loans—a move that spooked investors and ...
Once the bank agrees, you must pay and collect the ‘No Dues Certificate’ from the bank. The bank will report the loan repayment to the credit information company and update the ‘settled’ s ...
The policy should include appropriate single borrower limits, sectoral limits for the portfolio of loans against gold collateral, mechanisms to ensure proper end-use of funds, loan-to-value (LTV ...
These include the establishment of specific limits for single borrowers as well as sectoral caps on the gold loan portfolios of banks. Additionally, mechanisms to verify the end-use of loan funds, a ...
After applying for the furniture loan, the money was disbursed to the account of the vendor, Daphyl Enterprises. However, the money was diverted to his cash account immediately thereafter for use ...
improve collateral management and monitor the end-use of such funds. Banks' gold loans jumped 30% between September and February, sharply outpacing the growth in overall loans that was curtailed ...
One type of credit card—the 0% annual percentage rate credit card—can even work as a type of interest-free loan when you use it for purchases. Some cards in this niche let you avoid interest ...