What is 'Bill Purchase'?
Submitted by: MuhammadIn 'Bill Purchase' the loan will be created for the full value of the draft and the interest will be recovered when the actual payment comes. For example, a 'Sight draft' is presented for which the loan is created for 100% of the draft value. The money is received after 7 days, and then the interest will be recovered for 7 days along with the principal amount.
Submitted by: Muhammad
Submitted by: Muhammad
Read Online Mortgage Banker Job Interview Questions And Answers
Top Mortgage Banker Questions
| ☺ | What is Checking Account? |
| ☺ | What is Payday loan? |
| ☺ | What is Investment management system? |
| ☺ | What do you mean by term 'Usury'? |
| ☺ | What is Financial management system? |
Top Banking Categories
| ☺ | Loan Officer Interview Questions. |
| ☺ | ICICI Bank Ltd Interview Questions. |
| ☺ | Recovery Officer Interview Questions. |
| ☺ | Treasury Interview Questions. |
| ☺ | Underwriter Interview Questions. |
