A recent press report said that the Indian Banks’ Association (IBA) has circulated a revised Model Educational Loan Scheme to its member banks with broad operational guidelines. The Banks can adopt the scheme by making necessary changes to their existing schemes. Reports said that banks have been asked to ensure that the Educational Loans Scheme… Read More »
Purpose – To finance acquisition of office premises for self-occupation by /of the Registered Medical Practitioners, Practicing Advocated, chartered Accounts, Company Secretaries, Consulting Engineers and Architects. Type of loan – Long Term Eligibility – Professionals, Individual or jointly or a partnership firm having an established practice with a minimum experience of three years, in the… Read More »
The bank also has a presence in around 18 countries across the globe. They offer a wide gamut of retail products to its retail customers and as well as other banking products related to the corporate segment. These include ICICI personal loans, ICICI home loans, ICICI car loans, ICICI credit cards, ICICI LAP etc. They… Read More »
Axis bank’s registered office is located at Ahmedabad while all its core operations happen at its Central office in Mumbai. With a wide network of more than 853 branches and over 3723 ATMs, the bank has strengths in both retail and corporate banking. Axis bank brands all its loan products with the use of the… Read More »
The bank’s focus is on asserting its presence in all the vital and central industrial and commercial hubs to service their corporate clientele and on the other hand it also aspires to ramp up its retail customer base for deposit and loan products. HDFC Bank Limited’s retail segment currently offers HDFC personal loans, HDFC home… Read More »
Do you know in those days the loans were restricted to Rs. 1 L only and the loan tenure was a mere 3 months only?! Also, these were security loans. Another trivia to note is that in this period lending against shares of the banks or on the mortgage of houses, land or other real… Read More »