Normal Income
Every Bank have different Terms & Norms for finances. So, according to the study, Banks ask for a minimum income of ₹ 25,000 for a normal personal loan.
Banking
We offers a wide range of loans to meet your diverse needs. Whether the need is for a house, child's education, our unique and need specific loans will enable you to convert your dreams to realities.
Gross Turnover
Turnover calculates how quickly the company is able to sell the inventory or how fast the company collects the cash from the accounts receivables, during a specific period of time.
BT Program
Balance transfer of loan is the process where a customer transfers his outstanding principal amount to another bank or financial institute primarily for a better rate of interest and also better features.
LRD
The eligibility criteria for Lease Rental Discounting is different for salaried and self-employed individuals. Minimum Limit for LRD is Rs. 5,00,000
Gross Profit
Gross profit is the profit a company or business makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
LIP
Low Income Programme serves as a deposit account for construction funds. The buyers down payment is deposited into this account and is used for the initial construction draws.
GST
The goods and services tax (GST) is an indirect federal sales tax that is applied to the cost of certain goods and services. The GST is a value-added tax levied on goods and services
Low LTV
Loan-to-value (LTV) is an often used ratio in mortgage lending to determine the amount necessary to put in a down payment and whether a lender will extend credit to a borrower.