Financial institutions calculate the average monthly balance by adding the daily closing balance of all days in a month and then, dividing it by the total number of days in a month. So, if you maintain an overall balance, lenders are more likely to entrust you with a larger loan sum.
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Five Tips to Get Your Loan against Property Application Approved - Confettisocial | Change Your Life with Confettisocial
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Five Tips to Get Your Loan against Property Application Approved - Confettisocial | Change Your Life with Confettisocial

Loans against property are beneficial, especially during a financial crunch and in emergencies. These can be availed of with minimum documentation by pledging one’s property as collateral.  However, as you...