answersLogoWhite

0


Best Answer

Banks offer low interest loans to military personnel. Short term loans as well as home loans are provided to members of the military.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do banks provide loans to members of the military?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Popularity of credit cards issued by different banks?

these societies are formed to provide credit faclities to thier members at reasonable terms and conditions. Loans are provided out of the amount collected from the members as capital and deposit. the main aim of the society is to provide loans to the members in times of need and at low rate of interset.


What's military loan and what are military loan companies?

Military loans are just reduced interest loans for people that have served or are serving in the military. They are called veteran loans, and the government does them for people, and also banks.


What are the functions of Co operative Banks?

1. mobilization of funds from their members. 2. advance loans to the members


Dealer Financing May Outrank Military Auto Loans?

Military auto loans are available from banks as well as credit unions that specifically service members of the active military. Rates can be more attractive than those offered for civilian auto loans, although there are instances when dealer or manufacturer financing can be more advantageous than military auto loans. If you are on active duty, it is still best that you shop around and compare the terms you are offered for military auto loans to any offers you may get from an automobile dealer. Quotes for both military and regular auto loans are often available online.


What types of loans to banks mostly finance?

Most banks like TD Canada, RBC and CIBC mostly finance types of loans like Secured Loans and Unsecured Loans. Contact your bank provider to see if they provide these types of loans.


What do omni loans do to soldiers?

"Omni loans are for active and retired military members that make it faster and easier to secure auto loans, personal loans, etc. There are no application fees and many loans can be secured online and directly deposited into a bank account, which makes it very convenient for military members who are deployed or stationed overseas."


What type of loans does the VA offer?

VA loans are loans for active or retired members of the military. These people can get loans from the VA to help pay for home loans and land purchases.


What did farmer's alliances do?

Their success led to the formation of a third political party on the national level


What bank provides loans?

All commercial/rural/industrial banks provide loans. The different types of loans available from banks are: 1. Personal Loans 2. Automobile Loans 3. Home Loans (Mortgage Loans) 4. Loan against Securities 5. Gold Loan 6. etc.


What does bank provide for industries?

Banks provide banking facilities and loans & financing for industries to carry out their operations. Most industries will require the help of banks to finance their projects and use the loans to carry out their operations. They will in turn repay the bank on a regular basis including the interest which becomes an income for the banks.


Do you need to be a member of the military to use Military Financial?

Military Financial are exclusively available to members of the military, veterans and their families. Designed specifically for use by members in the armed services, they provide services at a far lower cost than your usual runn of financial institutions providing banking needs, loans for homes and schools, among others.


Where can a person go to get more information on mutual loans?

A person can get more information on mutual loans from a building society or a variety of banks. Banks such as Lloyds TSB and building societies such as The Nationwide provide advice and information related to mutual loans.