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79-Housing Loans
1
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5
1.
Which bank has the lowest interest rate for Home loans in India?
SBI
HDFC
ICICI
RBI
2.
What type of loan is a Housing loan?
Unsecured Loan
Secured Loan
Corporate Loan
Consumer Loan
3.
What is the meaning of the term Repayment Capacity?
It is how much you pay in each EMI.
It is the time in which one can repay Housing Loan.
None of the options
It is based on your monthly disposable income and other factors like spouse's income, assets,
4.
What is an amortization schedule?
It is a table that gives details of the periodic principal and interest payments on a loan and the
It is convenient for borrowers who are in the beginning of their careers.
It is the schedule at which commercial banks charge their customers who are most creditworthy.
All of the Above
5.
What is the full form of BPLR?
Beginners Prime Lending Rate
Benchmark Primary Lending Rate
Benchmark Prime Lending Rate
Beginners Prime Lending Rate
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