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Nowadays when loans are available for everything that we need to fulfill our diverse needs and desires. But when we think about any loan… we first think about Equated Monthly Instalments ( EMI). Any loan or the amount borrowed has to be repaid over the time with some interest and a fee. Especially when it comes …
Know your customer (KYC) policy is an important step developed globally to prevent identity theft, financial fraud, money laundering and terrorist financing. The objective of KYC is to enable banks to know and understand their customers better and help them manage their risks prudently. The KYC benchmarks are set to prevent banks/ financial institutions from being used intentionally …
Taking a loan is easier said than done, there are a host of factors on which the loan eligibility is dependent the most important is your Income and your capacity to re-pay the loan. The amount you can borrow depends on how much you can afford to repay every month in EMIs or Equated Monthly …
Taking a home loan is easier said than done. Though in today’s scenario every Bank & Financial institution is eager to lend but getting a loan sanctioned can be a difficult task. It should be notes that, like any other financial product, it is important to be aware with how home loans work to avoid …