Monday, 18 August 2014

Loan against insurance

If the customer has got good insurance amount and he wanted to loan against that , then bank has many options to fund them. 

Every bank got that options now. But interest rate varies from bank to bank. So SCB (standard charatered bank) is one the best options for every one who got insurance. Most of the people are getting loans sanctioned if they have insurance paid. 

SCB is giving loans against equity with interest rate of 17 to 18 % per annum. We have to check the tenure period also. Tenure period which i have checked about the same is 4 to 5 years. Based on the customers profile we can able to get the loans. 

If any one need the loans then you can message me. 

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