Processing Loans

Why do Banks ask for Bank Statements for Processing Loans?

Why do Banks ask for Bank Statements for Processing Loans?

One of the Major Requirements while filing an Application for Loan is the Bank Statements of the Previous Six Months. But what is the benefit of providing the Bank Statements and what do the Banks try to search for in these Statements? Read on to find the Reasons for the same. 1. Monthly Savings of the Applicant Scrutinising the Statements […]

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