Lending

CERSAI Fees and ChargesCERSAI Fees and Charges

CERSAI Fees and Charges

Particulars of equitable mortgage of immovable properties are required to be filed with CERSAI within 30 days of creation of…

7 years ago
CERSAI Registration after 30 Days/ 60 Days – ProcedureCERSAI Registration after 30 Days/ 60 Days – Procedure

CERSAI Registration after 30 Days/ 60 Days – Procedure

Particulars of equitable mortgage of immovable properties are required to be filed with CERSAI within 30 days of creation of…

7 years ago
Micro, Small & Medium EnterprisesMicro, Small & Medium Enterprises

Micro, Small & Medium Enterprises

Definition of MSME [Micro, Small & Medium Enterprises] as per The Micro, Small & Medium Enterprises Development Act 2006. An…

7 years ago
What is Collateral Security and Primary SecurityWhat is Collateral Security and Primary Security

What is Collateral Security and Primary Security

We have explained below what is primary security and what is collateral security and how these are different.   Also…

7 years ago
What is Pre-Shipment Finance or Packing Credit?What is Pre-Shipment Finance or Packing Credit?

What is Pre-Shipment Finance or Packing Credit?

Pre-shipment Finance or Packing credit is a type of credit facility (loan), available for exporters. The advance is provided for…

7 years ago
Credit Guarantee Fund for Micro Units (MUDRA)Credit Guarantee Fund for Micro Units (MUDRA)

Credit Guarantee Fund for Micro Units (MUDRA)

Credit Guarantee Fund for Micro Units (CGFMU) was notified by Govt. on 18th April 2016 and has been made effective…

7 years ago
Loans and Advances against Shares, Debentures and Bonds – RBI GuidelinesLoans and Advances against Shares, Debentures and Bonds – RBI Guidelines

Loans and Advances against Shares, Debentures and Bonds – RBI Guidelines

Advances to individuals As per RBI guidelines, Banks may grant advances against the security of shares, debentures or bonds to…

7 years ago
How to Verify geniuneness of Income Tax ReturnsHow to Verify geniuneness of Income Tax Returns

How to Verify geniuneness of Income Tax Returns

Income Tax Return (ITR) is the first thing banks asks for after KYC documents for any type of loan. The…

7 years ago
File Charge with CERSAI for Movable & Intangible Assets alsoFile Charge with CERSAI for Movable & Intangible Assets also

File Charge with CERSAI for Movable & Intangible Assets also

Charge on stocks & book debts machinery is also required to be filed with CERSAI. CERSAI, vide their notification dated…

7 years ago
What are current assets and what are current liabilities and how to identify in balance sheet.What are current assets and what are current liabilities and how to identify in balance sheet.

What are current assets and what are current liabilities and how to identify in balance sheet.

Current Assets are the assets which can be converted in cash within a short period of time (not more than…

7 years ago