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Eligibility criteria for bank loans

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 November 2014 Experts,
how will the banks calculate the minimum income eligible for loans.is there any general rate.(based on IT returns).

27 November 2014 it depedns on their internal policy decided by higher management based on many criterias.

18 December 2014 its depend on the purpose and period for loan and amount of loan.


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