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A co-applicant in Home Loan is an individual who has an equal responsibility in repaying the loan just like the main borrower. As per the banks’ rule, the co-applicant must be blood relatives or immediate family member. The lending institutions allow up to 6 co-applicants in buying a property. Does the co-applicant require a good …
In the financial sector an underwriter is an important entity that helps the companies to introduce the future risks, analyzes, assumes and evaluate the information provided by the borrower to understand and assess the minimum loan criteria.A credit manager is a qualified professional employed by the Bank/ NBFC to handle the credit department and make …
A long time dream – an owned house. This dream can easily be fulfilled with the help of a Home Loan. A loan can be applied for various reasons depending on the personal needs of an individual. An applied loan amount may not be sufficient to buy the dream house. The loan amount completely depends …
Every business is unique and have different requirements. An old proverb says – Spend Money to Earn Money. To grow and maintain the flow of recurring expenses, working capital of the business, buy new assets or inventories to the company, advertisement or to buy real estate and expand operations investment is needed. Finance management is …