A mortgage is a way to use one's real property, like land, a house, or a building, as a guarantee for a loan. In case of Housing Loan, mortgage is created on the house which is kept as a collateral security for the loan provided. Personal loans are unsecured loans. In Vehicle loan the vehicle is hypothecated as security. Similarly in Trade loans the good under the trade are hypothecated. In case of Consumer loans also the assets financed are hypothecated to the lender. Movable assets as in case of Vehicle loan, Trade Loan and Consumer loan are hypothecated while immovable assets (real estate) are mortgaged.
The First RRB was set up in the ____________ district of Uttar Pradesh.
m-Pesa was launched by ICICI Bank and ____________.
Current Repo rate is ________.
The loans given to the low income group with small amount is called as _____________.
Any rupee note, which has a political slogan is not a legal tender as per.
In ___________ different languages amount of a bank note is written on it.
Which of the following is true about role of Banks?
I. It facilitates import export transactions.
II. It helps in national developmen...
The other name for SWIFT code is
What is Reverse Mortgage?
What is the term used for the practice of replacing relatively high cost debt with that of lower cost borrowing to take advantage of falling interest ra...
