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#1
27th December 2022, 07:35 PM
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What are the formalities for taking a loan?
Hi lpu team, This is gangadhar I want to take a loan in our campus.
What are the formalities to get a loan , and is there any possibility to take a loan from second semester or we wanted to take a loan from first semester only. |
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#2
28th December 2022, 11:05 AM
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Re: What are the formalities for taking a loan?
Below are the stages of loan origination process:
1) Pre-qualification process. This is the first step in the loan origination process. . 2) Loan application. 3) Application processing. 4) Underwriting process. 5) Credit decision. 6) Quality check. 7) Debt funds etc. |
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#3
28th December 2022, 07:10 PM
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Re: What are the formalities for taking a loan?
The formalities for taking a loan is given below:-
Fill the application form and attached the documents. Pay the processing fee Discussion with the bank Valuation of the documents. The sanction / approval process Processing the offer letter Processing the property papers followed by a legal check Processing a technical check and the site estimation The final loan deal Signing the agreement The loan disbursal. |
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#4
28th December 2022, 08:28 PM
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Re: What are the formalities for taking a loan?
Formalities for taking a loan:-
Pre - qualification process. This is the first step in the loan origination process. Loan Application Application Processing Underwriting Process Credit Decision Quality Check Loan Funding. 
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#5
29th December 2022, 12:12 PM
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Re: What are the formalities for taking a loan?
In order to get complete information (including eligibility criteria, list of documents required, features of the loan, etc.) about the different education loan schemes run by different banks you can refer to the link www.vidyalakshmi.co.in/Students/index.
Further, you can apply for the education loan during your second semester of the degree course or even later as there is no compulsion of availing of an education loan from the very first semester of an academic degree course.
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#6
29th December 2022, 12:38 PM
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Re: What are the formalities for taking a loan?
The formalities for taking a loan is ,first of all fill the application form & attach the documents.
Pay the processing fee. Discussion with the bank. Processing the offer letter.
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#7
29th December 2022, 02:11 PM
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Re: What are the formalities for taking a loan?
The formalities is:-
You have to pay the processing fee You have to fill the application form & attach the documents The Final Laon Deal
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#8
29th December 2022, 06:10 PM
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Re: What are the formalities for taking a loan?
What are the formalities for taking a loan?
Fill the Loan Application Form & Attach The Documents. Pay The Processing Fee. Discussion With The Bank. Valuation Of The Documents. The Sanction/Approval Process. Processing The Offer Letter. Processing The Property Papers Followed By A Legal Check.
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