Which Bank is the Best for Transferring of Loan
Hey Folks,
Plz Guide me for a Bank,
1. I am having account in CBQ
2. I went on Vacation and later my VISA expired
3. CBQ lodged a case on me
4. After 3 months, I came back and clear all the backlog installments
5. Now CBQ is not giving me Chq Book+Credit Card
6. What is the best Bank, I can transfer my Bank Loan.
Plz Guid me,
Thanks.
Hi,Well the transfer of loan is called in other words loan take over. For taking over loan, you have to fulfill their minimum requirements i.e. Your willingness to transfer of your salary (until the total loan is repaid with interest) with Salary Assignment letter authorized by your HR/Accounts Dept.Later you have to look into the following:1) Whether your company (Employer) is approved by which all the banks, you have to shortlist. Coz many reputed banks will approve personal loans for Corporate and Multinational company employees only.2) Also, you should check in which all the banks your Company is holding Current Accounts.If you can provide answers for the above, then it will be easy for me to advise/recommend the right bank.Last but not least i.e. after getting feedback for the above, you should check rate of interest being charged for personal loan for the particular tenure.Best of luck