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Banking Terminology Banking terms commonly used to introduce new words and meaning related to banks and banking operations mostly used […]

Bank Charges like pledge and hypothecation is the legal right to assets securing the payment of money. It gives the creditor

Insurance Policy The value of a insurance policy coverage at any time is the surrender value. The stipulated margin, usually

Collateral Definition Bank collateral is something deposited as a guarantee of an undertaking or loan. If the borrower fails to

Bank Mortgage Bank Mortgage is the transfer of an interest in specific immovable property for the purpose of securing the

Bank loan recovery is a major part of banking operations at present time. Loan is given by a financial institution

Loan disbursement and loan monitoring is vital bank operation to earn profit. In this process, Security details are prepared according

Bank Loan administration function operates to make sure that proper certification and approvals are in position prior to the payment

Many large borrowers’ business and their debt servicing capacities have been affected by many reasons. Considering the socio-economic impacts and