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Baroda Mortgage Loan Quiz

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

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

a)

1.00 lac

b)

2.00 lacs

c)

3.00 lacs

d)

5.00 lacs

e)

None of above

2.

Who is not eligible to avail Baroda Mortgage Loan to non-individuals?

a)

Private Ltd. Company

b)

Limited Liability Partnership

c)

Public Limited Company

d)

HUF

3.

Maximum Repayment Period of term loan sanctioned under BML scheme is

a)

5 Years

b)

7 Years

c)

15 Years

d)

None of the Above

4.

Maximum limit under scheme Baroda Mortgage Loan is

a)

25 Lac for Rural/ 5.00 crore for SU Branches

b)

10 Crore for Metro Branches

c)

Rs. 5.00 crore for Urban branchs

d)

All the above

5.

Scheme code of Baroda Mortgage Overdraft facility to individual is :

a)

OD016

b)

OD017

c)

OD018

d)

OD019

6.

Sanctioning authority upto Grade/ Scale III are authorized to sanction facility upto ---

a)

Rs. 100 lacs

b)

Rs. 75 lacs

c)

Rs. 50 lacs

d)

Rs 25 lacs

7.

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

a)

Rs. 1.00 lac

b)

Rs. 2.00 lacs

c)

Rs. 3.00 lacs

d)

Rs. 5.00 lacs

8.

Scheme code of Baroda Mortgage Overdraft facility to non - individual is:

a)

OD026

b)

OD027

c)

OD028

d)

OD029

9.

In Baroda loan to non individuals, fresh sanctions will be in the form of

a)

TL

b)

DL

c)

Overdraft

d)

All of the Above

10.

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

a)

50 lacs

b)

75 lacs

c)

100 lacs

d)

200 lacs

11.

The following individuals stand as co-applicant/guarantor

a)

In partnership firm, all partners

b)

In case of Company promoter directors/share holders having share holding 20% and above

c)

Both a and b

d)

Can not become co-applicant/guarantor

12.

The deviation power for the cibil score in BML to non-individuals if the score is below 650 rests with

a)

Sanctioning authority

b)

RMCC

c)

COGM

d)

ZOCC

13.

Margin requirement of the immovable industrial property in BML to non-individuals is --

a)

40% of market value of the property

b)

40% of the realisable value of the property

c)

50% of market value of the property

d)

50% of realisable value of the property

14.

Term Loan duration and morotorium under BML is upto and ?

a)

15 years and 6 months

b)

15 years and 3 months

c)

12 years and 6 months

d)

12 years and 3 months

15.

The maximum unified charges payable is 1.50 lacs which includes: (i) Processing chgs (ii) documentation chgs , document verification (iii) Pre - sanction , one time post sanction (iv) ITR verification

a)

(i)

b)

(i) and (ii)

c)

(i),(ii) and (iii)

d)

(i),(ii),(iii) and (iv)

16.

Who is not eligible for BML to individuals?

a)

Resident

b)

Staff

c)

Non-resident

d)

All are eligible