Question

What are the values which borrower should observe ffor ghe proper use of load

Answer 1

hay everybody here is your answer,Maintaining a balance in your savings bank account and not issuing cheques without sufficient money in your current account are as important as repaying your loan on time.

These are some of the things a bank will check before approving a loan application, especially if you have no borrowing history.  

For a first-time borrower, banks will check the transactions in savings bank accounts if he is a salaried person, or the current account if he is self-employed or has a small business, says Mahesh Dayani, country head, retail assets, ING Vysya Bank.