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Salaried Revised Product Policy

Quiz by Zamarrud Sayed

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56 questions
Show answers
  • Q1

    In which company do we book salaried Loans?

    LoanTap Financial Technologies Pvt Ltd

    Both the companies

    I-Loan Credit Product Pvt Ltd

    LoanTap Credit Product Pvt Ltd

    20s
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  • Q2

    What is the minimum & maximum loan amount for the salaried products?

    35K-3lacs

    55K-3lacs

    50K– 3lacs

    25K-2lacs

    20s
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  • Q3

    Is deviation allowed, in case the customer wants more than 3lacs? If yes, whose approval should be taken?

    Yes, CRO/NCM

    No, CRO/NCM

    Yes, CRO/CEO

    Yes, CRO/BH

    20s
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  • Q4

    In case of deviation, what is the maximum loan amount that we can sanction?

    5Lacs

    8Lacs

    10Lacs

    7Lacs

    20s
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  • Q5

    What is the minimum & maximum age considered for the salaried products?

    Min 22 – Max 58

    Min 23 – Max 56

    Min 25 – Max 58

    Min 23 – Max 56

    20s
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  • Q6

    Is the processing fee “Fixed” & “Inclusive of GST”?

    Yes

    NA

    Maybe

    No

    20s
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  • Q7

    What is the processing fee?

    2.36% Exclusive of GST

    2.38% Exclusive of GST

    2.35% inclusive of GST

    2.36% inclusive of GST

    20s
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  • Q8

    What is the minimum & maximum % of ROI charged to the customer?

    Min16%- Max21%

    Min17%- Max23%

    Min15%- Max22%

    Min18%- Max22%

    20s
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  • Q9

    What is the default % of ROI charged to the customer?

    21%

    18%

    22%

    23%

    20s
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  • Q10

    Can you take deviation in case of ROI?

    NA

    No

    Yes

    Maybe

    20s
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  • Q11

    Deviations case of ROI, who is the approving authority?

    CEO/BH

    CRO/BH

    CRO/CEO

    CRO/NCM

    20s
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  • Q12

    What is the minimum & maximum tenure allowed under this policy?

    Min10 – Max 30

    Min12 – Max 37

    Min13 – Max 35

    Min12 – Max 36

    20s
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  • Q13

    Can the tenure be extended on customers' requests? If yes, then upto how many months?

    Yes, 60 months

    Yes, 50 months

    Yes, 30 months

    No

    20s
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  • Q14

    Can we increase the tenure without taking approval from CRO/BH?

    Maybe

    Yes

    No

    NA

    20s
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  • Q15

    What are the EMI dates?

    1rd & 3th of every month

    5rd & 7th of every month

    3rd & 7th of every month

    1st, 3rd, 5th & 7th of every month

    20s
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  • Q16

    What is the number of advance EMI to be taken from the customer?

    Three

    Two

    One

    Nil

    20s
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  • Q17

    Broken period interest is mandatory.

    True

    False

    20s
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  • Q18

    What is the cut-off date for 1st EMI?

    3rd & 5th of the month

    1th & 7th of the month

    3rd, 5th & 6th of the month

    3rd & 7th of the month

    20s
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  • Q19

    Can we provide salaried loans to NTC customers?

    Maybe

    Yes

    NA

    No

    20s
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  • Q20

    Is ownership proof mandatory for NTC customers?

    Maybe

    NA

    Yes

    No 

    20s
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