Bank audit
This query is : Open
03 April 2018
How to check loan Documents
12 April 2018
Hi,
Its a one line question whereas answer can never be perfect.
Go through the KYC and underwriting policy of respective bank/NBFC. Check what all documents are required as per policy. Check legal opinion report, suggestions as per legal report regarding documentations if a mortgage is being created.
To go indepth check some loans on sample basis from system, which all documents were marked, which all are received and which all are yet to be received. Take explanation for pending documents.
Its a one line question whereas answer can never be perfect.
Go through the KYC and underwriting policy of respective bank/NBFC. Check what all documents are required as per policy. Check legal opinion report, suggestions as per legal report regarding documentations if a mortgage is being created.
To go indepth check some loans on sample basis from system, which all documents were marked, which all are received and which all are yet to be received. Take explanation for pending documents.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
