BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank has launched 10-second paperless instant loan Scheme?
A
HDFC
B
SBI
C
PNB
D
IDBI
Explanation: 

Detailed explanation-1: -The 10-second loan is the latest initiative in HDFC Bank’s digital banking offering christened GoDigital.

Detailed explanation-2: -HDFC Bank to introduce 10-second personal loan service for all by year-end.

Detailed explanation-3: -Disclaimer: Terms and conditions apply. Personal Loan-Loan in Seconds is available for pre-approved salary account holders of YES Bank. Credit at the sole discretion of YES BANK Ltd.

Detailed explanation-4: -HDFC Bank offers you a Personal Loan that can amount up to Rs. 40 lac, for a tenure ranging from 12-60 months with easy EMI repayments starting from Rs. 1878 per lac.

Detailed explanation-5: -One, you can place a request with the bank for a physical copy of your monthly loan statements. Two, you can download the PDF version of your monthly loan statement using your HDFC Net banking portal or the HDFC Mobile banking application and get a printout of the same.

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