Retail Lending Quiz for Pre Promotion

CGR is applicable to which of these loan schemes

• Gold Loan

• Pension Loan

• Canara Vehicle Loans to companies

• Canara Vehicle Loan to Agriculturist

How long is the minimum cooling off period for considering loan to defaulting borrower?

• 12 month

• 24 months

• 36 months

• 60 months

Who is empowered to waive cooling off period beyond 24 months?

• RO Head CAC

• CO CAC

• HO CAC

• ED CAC

Branches having NPA Levels More than ....................................... under any Retail Lending Schemes have no power to sanction the Loans under these Schemes.

• 2 %

• 5 %

• 10 %

• 15%

Which of the following product is still prevailing (Not Discontinued) in our bank?

• Teacher Loan

• Canara Home Loan Casa Super Gain

• Vidya Sakti

• Canara Jeevan

All proposals in respect of Retail Lending Schemes of close relatives of our employees shall be sanctioned by ................................

• Branch Head

• RSA

• Scale IV & Above

• Not to be sanctioned at any cost

For all Housing Loans Sanctioned for 3rd unit and above classified under HL NP CRE (Commercial Real Estate), additional Rate of Interest chargeable for 3rd unit is ................................

• 0.25 %

• 0.50 %

• 0.75%

• 1.00 %

Integrated housing projects comprising of some commercial space (e.g. shopping complex, school etc.) can also be classified under CRE-RH, provided that the commercial area in the residential housing project does not exceed .................................of the total Floor Space Index (FSI) of the project

• 5 %

• 10 %

• 15 %

• 20 %

In case of take over of loan , what's the maximum repayment period to be allowed ?

• 30 years

• Residual tenor of the loan at the transferor bank

• Maximum tenor offered by our bank in respective scheme

• Two years more than the maximum tenor offered by our bank in the scheme

If the prospective borrower clears the outstanding liability with the other bank or institution fully out of their own sources & approaches our bank for credit facilities within..................................months than it will be considered takeover.

• 1 Month

• 3 month

• 6 month

• 12 month