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What are the eligibility criteria for getting a loan?

April 26, 2017criteria eligibility loan

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What are the eligibility criteria for getting a loan?

2 Answers

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Profitability of the project proposed to be set up and the return on the investment is the criteria for getting a loan. Any financial institution will support the project if repayment is assured in terms of surety / collateral security.

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The major eligibility criteria is return on the investment and profitability of the project proposed to be set up. Any financial institution will support the project if repayment is assured.