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If a banker allows an advance by keeping 25 margin and the amount of loan is Rs 1 lakh the value of security would be?
If a banker allows a loan of Rs 1 lakh against a margin of 25%, it means that the borrower must provide security worth 25% of the loan amount. Therefore, the value of the security required would be Rs 1 lakh divided by (1 - 0.25), which equals Rs 1 lakh / 0.75 = Rs 1,33,333.33. Thus, the value of the security would be approximately Rs 1,33,333.
What else can I help you with?
What is the total amount of the 15,978 social security bonus?
The total amount of the 15,978 social security bonus is 15,978.
What is required to have cash advanced on a credit card?
A Cash advance is service provided by credit card companies. It allows customers to withdraw money via ATMs and banks to a certain amount. All you need is your card and a pin number. cash advance limits depend on the cards overall limit.
How do you calculate yield on advance?
Interest on advance during the year / Average amount of loans outstanding x 100
What are the benefits of taking social security at 62?
Taking Social Security at age 62 allows you to start receiving benefits earlier, providing financial support sooner. However, the amount you receive is reduced compared to waiting until full retirement age.
How Much Of A Business Cash Advance Can I Get?
You can apply for a business cash advance from as little as $5,000 to anywhere up to $500,000. The amount that you will be approved for will be determined by the details you provide.
What is pit stop mode?
Usualy refers to a remote start system that allows you to remove the key while keeping the car running for a predetermined amount of time.
What is the definition of the word advance?
Advance: move forward. Advance: to improve, further. Advance: to raise in amount or rate, increase. Advance: to bring to consideration or notice or suggest.
What are the features of cash management?
Cash management is keeping the receipt and payment of the money and to keep only required the amount in the Bank account and to use other amount in business. Also it means to avoid keeping bulk cash and instead the bank transactions should be preferred. Adequate security is to be planner while carrying bulk cash.
What is the difference between prepaid unearned account?
Prepaid is that amount of expense which is paid in advance and expense not occured while unearned account is that amount where amount for services received in advance but services not provided.
What is the difference between accrued income and income in advance?
Accrued income is that where income is earned but amount is not received while income in advance is reverse of accrued income where amount is received in advance but services not provided yet.
What does vpn security deal with?
VPN allows to secure remote connections to your internal networks. It helps to protect data communications amount companies. It is an out sourced company used.
Why do they say cash advance in the bonus round?
Because you win a cash advance in that amount, like they say.
What is the total amount of the 15,978 social security bonus?
The total amount of the 15,978 social security bonus is 15,978.
What is required to have cash advanced on a credit card?
A Cash advance is service provided by credit card companies. It allows customers to withdraw money via ATMs and banks to a certain amount. All you need is your card and a pin number. cash advance limits depend on the cards overall limit.
How do you calculate yield on advance?
Interest on advance during the year / Average amount of loans outstanding x 100
What is income received in advance?
Income received in advance means that amount form customer is received in advance with promise of goods delivery at some future time.
What is mobilization advance in construction?
A mobilization advance is an amount of upfront money paid by the client to the contractor. This reduces the amount of working capital the contractor needs to come up with to start the job.
