Results for:

pf loan eligibility


Loan Faqs
Faq

How is my loan eligibility determined? :

Loan eligibility differs from bank to bank. The main factor the bank considers is your ability to repay the loan. Your profile in terms of residence and the place you work is also taken into consideration. Do make sure to check all such other eligibilities before applying.
Faq

How do I know about my eligibility for a home loan? :

There are eligibility criteria that have to be met for getting a home loan. You can not get any amount of home loan irrespective of your income. The amount of loan given by financial institutions depend on lots of factors, including your income, age, qualifications, work experience, number of...
Faq

What are eligibility criteria for availing of a business loan? :

Business loans are provided to all kinds of enterprises like sole proprietorships, partnerships and private limited companies. Though income requirements can vary depending on banks, normally net income of the concern should be more than Rs. 150,000 per annum for business loan up to Rs. 15 lakh...
Faq

Can the amount of loan be increased or decreased even after it has been sanctioned? :

Yes, the loan amount can be changed any time before disbursement. Any increase in loan amount will however be subject to the eligibility conditions. The bank might also charge you excess fees on requesting an increase in the loan amount. However, the bank is not obliged to return excess fees paid...
Faq

What is the eligibility criteria to get a loan against property? :

Anyone can get a loan against property given the person has a minimum age of 21 years, employed or self-employed with a regular income and is owner of a property.
Faq

How do I take a Personal Loan? :

You can take a loan from any bank you like but start by checking out the best interests rate that the different banks have to offer. You should also check with the bank you have your salary account in for special discounts to existing customers. You can negotiate the rate with your bank. Also...
Faq

Can I apply for loan, jointly with my spouse? :

Yes. It's always a good idea to apply jointly with a co-applicant (either be your spouse or your parents) for a personal loan. This helps you to increase your income eligibility and you can also avail for a larger amount of loan, if you want to, as your co-applicants income also gets added to...
Faq

What I need to know about Personal Loan? :

Eligibility Criteria No security/guarantor required Documents Required Interest rates and Charges Applicable Repayment options
Faq

Is there a need of a co-applicant ? :

Yes, a co-applicant is required for all Full-Time courses . The co-applicant can be your parents, siblings, spouse or Family Relative . Loan eligibility would be calculated on the basis of the co-applicant's income. In case of Part Time courses, No Co-applicant required. However in order to...
Faq

Does the co-applicant's source of income get included when banks calculate my eligibility? :

Yes, but most banks allow only immediate relatives to co-own a property. This means that only a parents-son combination and a husband-wife combination are allowed. The reason for this restriction is that if some dispute arises between the joint borrowers, their incomes might not be pooled any...
Faq

What would be the tenure of the loan ? :

Maximum tenure of the loan can be 7 years including moratorium period.


© 2014 LoanBoss.com | Accentiumccentium