WorksheetsRetail Asset
Total questions: 51
Worksheet time: 26mins
Name
Class
Date
1.
The salaried applicant/co-applicant (whose income is considered for Home Loan eligibility) should be employed for a minimum period of ______
a)
6 months
b)
1 year
c)
2years
d)
3 years
2.
The applicant/co-applicant (whose income is considered for Home Loan eligibility) who is non-salaried should be engaged in the business for a minimum period of ______
a)
6 months
b)
1 year
c)
2years
d)
3 years
3.
The applicant/co-applicant (whose income is considered for Home Loan eligibility) who is NRI/PIO/OCA having job contract/work permit/employed/self-employed and staying abroad for the minimum past ______
a)
6 months
b)
1 year
c)
2years
d)
3 years
4.
What is the minimum Gross Annual Income required per annum for an NRI to be eligible for applying Baroda Home Loan?
a)
`2 lacs
b)
`3 lacs
c)
`4 lacs
d)
`5 lacs
5.
As per scheme guidelines, what is the maximum limit of Home Loan in our Bank?
a)
`1 Cr
b)
`3 Cr
c)
`5 Cr
d)
`10 Cr
6.
In which of the following Metro cities, Home Loan limit can be considered @`10.00 Cr?
a)
Delhi
b)
Mumbai
c)
Chennai
d)
Kolkata
7.
What is the maximum limit for Home Loan in other metros (except Mumbai) as per Scheme guidelines?
a)
`1 Cr
b)
`2 Cr
c)
`3 Cr
d)
`5 Cr
8.
If Gross monthly income of a salaried person is `4.00 lacs, total allowable deductions including proposed EMI of Home Loan should not exceed ______
a)
50%
b)
60%
c)
65%
d)
70%
9.
If Gross Annual Income of an agriculturist/professional/self employed/NRI is `5.60 lacs, what percentage of deductions can be allowed including proposed EMI?
a)
50%
b)
60%
c)
70%
d)
80%
10.
What is the cut off on CIBIL score for sanction of a Home Loan or Car Loan for existing customers without taking for deviation to RMCC/ZOCC?
a)
750
b)
725
c)
701
d)
675
11.
What is the Home Loan limit for drawing Credit Information Reports from two Credit information companies (CIBIL & Equifax)?
a)
Limit above `10 lacs
b)
Limit above `20 lacs
c)
Limit above `25 lacs
d)
Limit above `30 lacs e. none of these
12.
What is the maximum loan ceiling and repayment period for “Home Improvement loan” ?
a)
`10 lacs & 10 years
b)
`20 lacs & 10 years
c)
`25 lacs & 15 years
d)
`50 lacs & 15 years
13.
What is/are the additional features In digital lending of home loan.?
a)
get the loan eligibility
b)
instant in-principle sanction
c)
on-line verification of customer details
d)
(a) & (c)
14.
RBI has revised the LTV ratio at 90% for Home Loans upto ______ .
a)
`15 lacs
b)
`20 lacs
c)
`25 lacs
d)
`30 lacs
15.
Age of the principal borrower should not be less than ------- years while considering Housing Loan.
a)
18
b)
20
c)
21
d)
30
16.
What is the maximum time allowed for completion of construction on a plot purchased under our Housing loan?
a)
12 months
b)
18 months
c)
1 year
d)
3 years
17.
Out of total 168 marks of Home Loan Risk Rating model, what is the cut-off score for the eligibility?
a)
80
b)
84
c)
90
d)
96
18.
Which of the following is/are true for reimbursement of cost of ready-built house/flat under Baroda Home Loan?
a)
Purchased within 24 months
b)
Risk rating under Home Loan model should be HL-1, HL-2 or HL-3
c)
Margin on total cost (for reimbursement) – 25%
d)
All the above
19.
In housing loan, age of Co-borrower should not be less than ------- years.
a)
21
b)
18
c)
25
d)
20
20.
If the cost of house/dwelling unit does not exceed ____ , we may add stamp, documentation and registrations charges to the cost of house for the purpose of calculating margin & LTV ratio.
a)
`5 lacs
b)
`10 lacs
c)
`15 lacs
d)
`25 lacs
21.
What is the maximum age limit that can be considered for the borrower under Baroda Home Loan?
a)
60 years
b)
65 years
c)
70 years
d)
80 yers
22.
What is the maximum repayment period that can be considered for repayment of Housing Loan?
a)
30 years
b)
25 years c) 20 years d) 18 years e) 15 years
c)
) 20 years
d)
15 years
23.
What is the maximum allowable Moratorium period for our Home Loan?
a)
12 months
b)
18 months
c)
24 months
d)
36 months
24.
What is the revised margin for Home Loans above `75 lacs?
a)
0.1
b)
0.15
c)
0.2
d)
0.25
25.
The maximum amount of loan under Baroda Top-up facility-
a)
25 lacs
b)
50 lac
c)
`200 lac
d)
`500 lac
26.
How many number of times a borrower can avail Baroda Top-up loan during entire tenure of Home Loan?
a)
Once
b)
twice
c)
thrice
d)
5 times
27.
What is the stipulated margin under „Baroda Home Improvement Loan‟?
a)
10%
b)
15%
c)
20%
d)
0.25
28.
What is the maximum limit of eligible housing loans under Credit Risk Guarantee Fund Trust Scheme (CRGFS) for low income housing in urban areas?
a)
`5.00 lacs
b)
`6.00 lacs
c)
`8.00 lacs
d)
`15.00 lacs
29.
No deviation is required in Home Loan borrower cases where Credit card status write-off/ settlement involving amount upto _____
a)
`5,000/-
b)
`10,000/-
c)
`15,000/-
d)
`25,000/-
30.
What are the charges applicable towards considering “Deviation” in home loan?
a)
`1,000/- per deviation with a maximum ceiling of `5,000/-
b)
`1,500/- per deviation with a maximum ceiling of `5,000/-
c)
`2,000/- per deviation with a maximum ceiling of `10,000/-
d)
`2,000/- per deviation with a maximum ceiling of `10,000/-
31.
Home loans to individuals for purchase/construction upto _____ in metro centres (10 lacs and above population), provided the overall cost should not exceed ________ to be classified under Priority Sector.
a)
`20 lacs, `25 lacs
b)
`25 lacs, `30 lacs
c)
e. `35 lacs, `45 lacs
d)
`8 lacs, `45 lacs
32.
Home loans to individuals for purchase/construction upto _____ in other centres ( less than 10 lacs population), provided the overall cost should not exceed ________ to be classified under Priority Sector.
a)
`10 lacs, `15 lacs
b)
`15 lacs, `20 lacs
c)
`25 lacs, 35 lacs
d)
`25 lacs, `30 lacs
33.
Upto what maximum limit a Home Loan under PMAY can be covered under Credit Linked Subsidy Scheme?
a)
`10 lacs
b)
`12 lacs
c)
`25 lacs
d)
`20 lacs
34.
Upto what extent Pre-approved top-up loan facility does not require extension of mortgage?
a)
`5 lacs
b)
`10 lacs
c)
extension of mortgage is mandatory
d)
`20 lacs
35.
As per revised guidelines, what is the percentage of Home Loan amount that will be fixed as the limit for the free Credit Card (BOBCARD)?
a)
5%
b)
10%
c)
25%
d)
20%
36.
Which of the following is our Insurance partner for Baroda Home Loan Group Personal Accident Insurance Policy (31.12.17 to 31.12.18)?
a)
The New India Assurance Co. Ltd
b)
National Insurance
c)
Oriental Insurance Co. Ltd.
d)
United India Insurance
37.
Branch to obtain last ____ Audited Balance Sheet of business activity in case of business/ self employed/ professionals for computing depreciation income.
a)
1 year
b)
2 years
c)
none of these
d)
4 years
38.
What is the minimum margin stipulated by the bank for Car loan? (uniform margin for all car segments/all income levels introduced)
a)
5%
b)
10%
c)
nil margin
d)
20%
39.
What are the minimum gross annual income criteria for Non-Resident Indians to avail “Baroda Car Loan”?
a)
`0.50 lacs
b)
`1.00 lac
c)
`5.00 lacs
d)
`3.00 lacs
40.
What is the maximum limit for Baroda Car loan as per scheme guidelines?
a)
`20.00 lacs
b)
`30.00 lacs
c)
`100.00 lacs
d)
`75.00 lacs
41.
If Gross monthly income is `1.50 lacs and above, total allowable deductions including proposed EMI of Car Loan should not exceed ______
a)
40%
b)
50%
c)
80%
d)
70%
42.
What is the maximum repayment period allowed for Two Wheeler and Consumer Durable Loans?
a)
35 months
b)
36 months
c)
60 months
d)
60 months
43.
What is the maximum limit for Two wheeler loan as per scheme guidelines?
a)
`75,000/-
b)
`1.00 lac
c)
`10.00 lacs
d)
`5.00 lacs
44.
What is the credit shield factor in case of two-wheeler loans?
a)
Vehicle insurance from our tie-up partners
b)
Mandatory Term life insurance or Group credit life insurance for loans above `3.00 lacs
c)
Mandatory Term life insurance or Group credit life insurance to all borrowers
d)
Mandatory Term life insurance or Group credit life insurance for loans above `1.00 lac
45.
What is the stipulated minimum margin requirement under Two wheeler loan?
a)
10%
b)
10% upto loan limit of `3.00 lacs and 15% beyond `3.00 lacs
c)
10% upto loan limit of `1.00 lac and 15% beyond `1.00 lac
d)
10% upto loan limit of `2.00 lacs and 15% beyond `2.00 lacs
46.
What is the maximum pay-out that can be made to a Car dealer?
a)
0.50%
b)
2.50%
c)
1.50%
d)
2.00%
47.
What is the Service charge allowed to pay (per car loan) to Sales Executive of Car dealer excluding GST?
a)
`1,000/-
b)
1500-
c)
`2,000/-
d)
`2,500/-
48.
What is the cut off on CIBIL score for sanction of a Car Loan?
a)
800
b)
660
c)
725
d)
701
49.
What is the cut off on CIBIL score for sanction of a Two wheeler Loan?
a)
800
b)
660
c)
736
d)
700
50.
What is the maximum repayment period for a car loan as per scheme guidelines?
a)
36 months
b)
120 months
c)
60 months
d)
84 months
51.
Which phone number is launched by GOI under SMS facility to verify Banks‟ hypothecation charge on the financed vehicle under Baroda Auto Loan – VAHAN?
a)
7778299899
b)
. 7838299899
c)
. 7738299899
d)
. 7338299899
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