Borrowers From The Bank Are Aware, The Central Government Gave A Huge Order

Government has now come into action mode against those who turn billions of money into money from the bank. The finance ministry has ordered all the government banks to deposit their passports for people who have taken loan of more than Rs.50 crores. For this, the bank has been given 45 days time. After the PNB scam broke out, the ministry has given this order. In the case of Vijay Mallya, Nirv Modi and Mehul Choksi, it has happened that they had gone abroad earlier and later the scandal opened.

The Finance Ministry has asked the bank to say that if a lender has no passport, the bank will have to take an affidavit from the lender. It will be written that the lender does not have any kind of passport. Banks will also have to change the loan application form and add the passport details to the company. If the bank has a passport dated at the time of giving loan of more than Rs.50 crores, then the defaulters will be prevented from fleeing from the country. Currently, there is no passport details of any bank lenders. So they take the loan to the bank by taking a loan. Apart from this, immigration and airport authorities also do not get any information. Besides this, now the government is preparing a list of strict conditions for taking loans from the bank. The step behind paying this step is to stop chatting with the bank and stop the defaulter from flying abroad.

The
finance ministry has decided to make transparent governance in the government bank , trying to make the bank transparent. The finance ministry has also instructed the bank to prepare a report, in which the details of the loan seekers of Rs.50 crore or more are inevitable. If anybody is suspected against the lenders, the CBI will look into it. If there is a violation of any loan rule, the bank will take immediate action. Apart from this, the accounts of the borrowers will be scanned for more than 250 crore rupees. A bill will also be prepared to stop the offender from taking money from the bank. This is likely to be introduced in Parliament session for approval of the Economic Offenses Bill.

Click here read gujarati news

SBI Is Getting A Home Loan Up To March 31 Discount

If you are planning to buy a home loan to buy a new home, SBI is offering you a special offer. Due to this gift from SBI, you can get relief on the loan payers. Due to this discount, you can save Rs. 10000. You have until March 31 to take advantage of this discount. Learn how to get these discounts and how to get the benefit of this discount

State Bank of India has increased the discount on the processing fee charged on home loans up to March 31. Prior to this the discount was given only till December 31, the benefit of this offer would be that if you are taking home loan from SBI till March 31, you will not have to pay a processing fee. The new gift from SBI will also be available to those people who have taken loan from another bank and are switching to SBI.

According to information given on SBI's website, the bank typically levies the loan amounts as 0.30% plus tax processing fees. There is a minimum of Rs 2000 and a tax of maximum of Rs 10000 and tax.

Apart from this, in the new year, SBI has given another gift as well. The rate of interest has been reduced by 0.30%. SBI has reduced base rate based interest rates by 1 January 2018. The bank has reduced the interest rate on this benchmark prime lending rate ie BPLR based loan.

click here news read