Question

Who is eligible to get loan from the formal sector of credit . Explain

Answer 1

the people who are above 18 yrs and doing any job are having lands can get loans

Answer 2

hey mate!!

here is your answer:

1. the person who has all the documents that are required by the bank.
2. the person who can keep a collateral for getting loan
3. the person who doesnot have alot of risk on buisness .
4. the person who has a well maintained record in bank.
5. the person should have atleast one property in the country.


the person with the above requirements are eligible.

hope it helped:)