Loan for office assets for practicing ca-security ?
This query is : Resolved
CA Abhishek Singh
(Querist)
25 April 2012
Hello everyone,
i started my office at mira road. i have taken loan of rs.40000 from relatives.
i had heard of corp bank loan. when i went to bank they are asking for securities. i do not have any security to lend. we are staying on rental basis.
if anyone has taken above loand, is it necessary to provide security ??
waiting for your reply urgently.
i started my office at mira road. i have taken loan of rs.40000 from relatives.
i had heard of corp bank loan. when i went to bank they are asking for securities. i do not have any security to lend. we are staying on rental basis.
if anyone has taken above loand, is it necessary to provide security ??
waiting for your reply urgently.
CA Nikhil Bhansali
(Expert)
26 April 2012
What is corp bank loan?
yes it is mandatory to provide security on any loan.
you can avail unsecured loan from NBFCs
yes it is mandatory to provide security on any loan.
you can avail unsecured loan from NBFCs
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