Housing loan sanctioned to redeem prior debts obtained from friends for the purchase of a house is called…………loan.

Related MCQs

• Housing loan sanctioned to pay off an old housing loan at a higher rate of interest and enjoy a new one at a lower rate is called:
• Housing loan up To Rs................... is considered as priority sector advance.
• Housing advances are ................. in nature
• In the private sector, ------------ plays a dominant role in housing finance.
• Canara bank’s housing finance subsidiary is..........
• Apex institution set up to deal in housing finance is
• Housing advances are……………………in nature.
• LIC Housing Finance Ltd was established in the year
• The process of selling trade debts of a client to a financial intermediary is called ———
• Trade debts have to be assigned in favour of the financing company under