Loan for office assets for practicing ca-security ?

This query is : Resolved 

25 April 2012 Hello everyone,

i started my office at mira road. i have taken loan of rs.40000 from relatives.

i had heard of corp bank loan. when i went to bank they are asking for securities. i do not have any security to lend. we are staying on rental basis.

if anyone has taken above loand, is it necessary to provide security ??

waiting for your reply urgently.

26 April 2012 What is corp bank loan?
yes it is mandatory to provide security on any loan.
you can avail unsecured loan from NBFCs



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries