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security for your sanctioned amount. If you need more than 4 lakhs as a loan then a margin of say 15% is needed.
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∙ 10y ago
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What is the difference between buying on margin and margin call?
Buying on margin, taking a "margin" loan from the broker to help buy part of a stock purchaseMargin call, this happens when the broker demands full payment of your "margin" loan
What does loan mean?
A thing or money that is borrowed by the bank
What does clean loan mean?
It is a kind of loan where there is no primary or secondary security or collateral taken by the bank.
What does a secured loan and unsecured loan mean?
A secured loan is a loan in which there is physical collateral, meaning there is a physical item of worth that can be taken by the bank if the loan is not paid. Examples of this include a car loan or mortgage (house loan); the car or house are the collateral and therefore are the 'security' that the bank will not lose money on the loan. An unsecured loan is a loan in which there is no physical collateral, meaning there is no item of worth the bank can take if the loan is not paid. Examples of this include credit card debt or a student loan; in these cases, if the loan isn't paid the bank has to use a collections agency to try to get the money back.
What does Loan Loss allowance mean?
Amount of money that a bank might lose because of its loan not being fully repaid.
What is the difference between buying on margin and margin call?
Buying on margin, taking a "margin" loan from the broker to help buy part of a stock purchaseMargin call, this happens when the broker demands full payment of your "margin" loan
What does loan mean?
A thing or money that is borrowed by the bank
What do foreclosed mean?
The action taken by a bank or loan company to call in a loan or mortgage.
What does clean loan mean?
It is a kind of loan where there is no primary or secondary security or collateral taken by the bank.
What is easier to pay car loan or bank loan?
bank loan
What does a secured loan and unsecured loan mean?
A secured loan is a loan in which there is physical collateral, meaning there is a physical item of worth that can be taken by the bank if the loan is not paid. Examples of this include a car loan or mortgage (house loan); the car or house are the collateral and therefore are the 'security' that the bank will not lose money on the loan. An unsecured loan is a loan in which there is no physical collateral, meaning there is no item of worth the bank can take if the loan is not paid. Examples of this include credit card debt or a student loan; in these cases, if the loan isn't paid the bank has to use a collections agency to try to get the money back.
What does Loan Loss allowance mean?
Amount of money that a bank might lose because of its loan not being fully repaid.
What is loan boarding?
when a loan is been transfered fron bank to another. . .the bank which the loan is transfered to board the loan. .
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
What is a base interest rate?
Floor rate of interest that is used for pricing a loan i.e. the minimum lending rate fixed by the Bank based on their cost of funds. The final pricing of the loan is done by adding various premia and the profit margin.
Is bank loan an asset?
A bank loan is an asset for the bank as bank receives interest and principle payments from borrower.
What will be journal entry if a bank gives loan?
bank a/c dr to bank loan a/c
