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If a customer deposits 10000 into a bank how much money would the bank be capable of lending to an eligible loan applicant if this bank retains 20 percent of the deposit to cover withdrawals?
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will keep $2,000. This means the bank can lend out the remaining 80%, which is $8,000. Therefore, the bank would be capable of lending $8,000 to an eligible loan applicant.
If a customer deposits $10000 into a bank how much money would the bank be capable of lending to an eligible loan applicant if this bank retain 20 percent of the deposit to cover withdrawals?
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will hold onto $2,000. This means the bank can lend out the remaining $8,000 to eligible loan applicants. Therefore, the bank would be capable of lending $8,000 from that deposit.
Is minor eligible for loan against deposit?
No. Minors are not eligible for loans as individuals. The only loan they are eligible for is an educational loan, that too will be granted only if an earning family member applies for the loan as a joint applicant. Loans are usually granted only to individuals who have an income and have the capacity to repay the loan.
How do scholarships affect 529 withdrawals?
Scholarships can affect 529 withdrawals by reducing the amount of qualified education expenses eligible for tax-free withdrawal. If a student receives a scholarship, the amount of the scholarship must be subtracted from the total qualified education expenses when determining the tax-free withdrawal amount from a 529 plan.
Can one get tax deduction under 80C for term deposits with Non Banking Finance Companies?
No. Only certain special Fixed Deposit schemes of 5 year tenure issued by commercial banks in India are eligible for 80C deduction.
If a customer deposits 10000 into a bank how much money would the bank be capable of lending to an eligible loan applicant if this bank retains 20 percent of the deposit to cover withdrawals?
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will keep $2,000. This means the bank can lend out the remaining 80%, which is $8,000. Therefore, the bank would be capable of lending $8,000 to an eligible loan applicant.
If a customer deposits $10000 into a bank how much money would the bank be capable of lending to an eligible loan applicant if this bank retain 20 percent of the deposit to cover withdrawals?
If a customer deposits $10,000 into a bank and the bank retains 20% to cover withdrawals, it will hold onto $2,000. This means the bank can lend out the remaining $8,000 to eligible loan applicants. Therefore, the bank would be capable of lending $8,000 from that deposit.
Is the applicant eligible for the non-ECR category for a minor?
The applicant is eligible for the non-ECR category for a minor.
Can self employ applicant be eligible for section 8?
Yes, a self-employed applicant may be eligible for a section 8 voucher. As with any other applicant, certifications are renewed every year at which time proof of income must be furnished.
How is an applicant notified eligible for financial aid?
via e-mail or letter in the mail usually.
Who assesses information against federal adjudicative guidelines to decide if an applicant is eligible for a clearance?
CAF
Is the applicant eligible for the non-ECR category?
The applicant's eligibility for the non-ECR category will depend on their specific qualifications and circumstances. It is recommended to review the specific criteria and guidelines for the non-ECR category to determine if the applicant meets the requirements.
Who assesses the information against the adjudicative guidelines to decide if the applicant is eligible for a clearance?
Central Adjudication Facility (CAF)
Who assesses the information against the federal adjudicative to decide if the applicant is eligible for a clearance?
Central Adjudication Facility (CAF)
Who assesses the information against Federal Adjudicative Guidelines to decide the applicant is eligible for a clearance?
Central Adjudication Facility (CAF)
Who assesses the information against federal adjudicative guidelines to decide of the applicant is eligible for a clearance?
Central Adjudication Facility (CAF)
Who assess the information against federal adjudicative guidelines to decide if the applicant is eligible for a clearance?
Central Adjudication Facility (CAF
