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Loan Against Property Banking Program

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Loan Against Property Banking program is very common program used by all the banks and NBFC in India. This program works on the basis of average bank balance of last consecutive 12 months. Calculation method of the average bank balance is the closing balance amount on every 5th 10th 15th 20th & 25th day on every month in the bank statement. Monthly three credit transactions required in the last 6 months.

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