Business place is just 1 and 1/2 hr travel from the place we want to get loan. Is it possible with State Bank Of India?
2007-01-24 18:37:10 · 4 answers · asked by sumo 1 in Business & Finance ➔ Small Business
Getting a loan sanctioned by the bank does not depend ONLY on place of business. It is a function of various parameters and documentation alongwith the perception of bankers about your business.
It is easy if your banker has got a branch where your business is and where you want to take the loan. Theoretically, there should not be any problems in such an arrangement.
If the business comes under "priority sector" lending, then such an arrangement will prove very difficult to do.
Please consult your bankers. They are the best ones to guide you in this matter.
Best luck.
2007-01-24 20:27:31 · answer #1 · answered by Nitin G 7 · 0⤊ 0⤋
Loan
2015-05-02 03:44:49 · answer #2 · answered by ? 1 · 0⤊ 0⤋
ya you can get loan from that bank but i think its very hard to deal ok but its your wish
2007-01-24 19:01:51 · answer #3 · answered by mrityunjaytraders 1 · 0⤊ 0⤋
yes. contact the bank concerned.
2007-01-24 18:44:49 · answer #4 · answered by hari prasad 5 · 0⤊ 0⤋