Mortgage Loan

Sanctioning authority upto Grade/ Scale III are authorized to sanction Baroda mortgage Loan upto ---

• Rs. 100 lacs
• Rs. 75 lacs
• Rs. 50 lacs
• Rs. 25 lacs

What is the minimum loan amount we can sanction under BML to non individuals?

• Rs. 2.00 lacs
• Rs. 3.00 lacs
• Rs. 1.00 lac
• Rs. 5.00 lacs

Minimum Turnover of the firm as per last ABS should be ------in BML to non individuals?

• Rs. 50 lacs
• Rs. 75 lacs
• Rs. 100 lacs
• Rs. 200 lacs

The term hypothecation is defined in which of the following

• Indian Contract Act
• SARFAESI Act
• Sales of Goods Act
• Not defined in any Act

Advances against their own shares are not allowed by banks because these are prohibited under:

• RBI Act 934
• Negotiable Instrument Act
• Banking Regulation Act 1949
• SEBI Act

In which of the following Metro cities, Home Loan limit can be considered @`Rs. 10.00 Cr?

• New Delhi
• Mumbai
• Chennai
• Chandigarh

What is the minimum Gross Annual Income (average of last -3- years) of Resident & NRI we can sanction under BML to individuals?

• Rs. 3.00 lacs and Rs. 5.00 lacs
• Rs. 2.00 lacs and Rs. 5.00 lacs
• Rs. 3.00 lacs and Rs. 3.00 lacs
• Rs. 5.00 lacs and Rs. 3.00 lacs

What is minimum & maximum age for BML to individuals

• 21 yrs & 60 yrs
• 18 yrs & 60 yrs
• 21 yrs & 70 yrs
• 18 yrs & 70 yrs

In case of Overdraft (BML) , mimimum annual turnover in the account should be at least ………% of the limit.

• 10 %

• 20 %

• 25 %

• 15 %

NRIs will be granted

• Only TL
• Only DL
• Only OD
• TL/DL