ArticleField.comInternet's Fastest Growing Free Content Article DirectoryBanking institutions are having more financial troubles in today’s economy, and a growing number of charge-offs and delinquent credit accounts do nothing to aid the situation. Taking steps to implement sound lending policies helps, but most banks still find themselves pursuing collections.
Before disbursal Processing fee: This is payable with the application and is non-refundable. Charges are between 0.5% and 1% of the loan amount. Legal and technical charges: Some banks levy this charge when they disburse the loan. Charges vary from bank to bank. Stamp duty: Many banks also recover the stamp duty paid on the […]
According to a notification by the Reserve Bank of India, housing loan for construction of farm houses and to staff members of the banks will also not eligible for the subsidy announced by the government for constructing houses worth up to Rs. 20 lakh. Banking Non-resident Indians will not be eligible for the 1% interest […]
Almost everyone requires a loan at one time or another. However you will find numerous different kinds of loans that you could select from. If you have been advised bridging loans or a bridging finance, you have to know the difference between them. So here goes. Bridging finance is often offered to huge companies like […]
Lakshmi Vilas Bank has announced to implement ‘Financial Inclusion’ in Tamil Nadu through an extension of its banking services by appointing ‘Business Correspondents’ across the state. The bank has planned to implement its services with an objective of ensuring greater reach to the underprivileged sections of the society through availing the business correspondent services of […]
