Credit Appraisal of Sbi Essay

5024 Words Mar 29th, 2016 21 Pages
APJEM
Arth Praband : A Journal of Economics and Management
Vol.2 Issue 1, January 2013, ISSN 2278‐0629

CREDIT APPRAISAL PROCESS OF SBI:
A CASE STUDY OF BRANCH OF SBI IN HISAR
NANCY ARORA*; DR. ARTI GAUR**; MS. BABITA***
*Student,
Department of Business Administration,
CDLU, Sirsa.
**Assistant Professor,
Department of Business Administration,
CDLU, Sirsa.
**Teaching Associate,
Department of Business Administration,
CDLU, Sirsa.

ABSTRACT

Pinnacle Research Journals 10 http://www.pinnaclejournals.com

Credit risk is a risk related to non repayment of the credit obtained by the customer of a bank.
Thus it is
…show more content…
Credit Appraisal is a process to ascertain the risks associated with the extension of the credit facility. It is generally carried by the financial institutions which are involved in providing financial funding to its customers.
BASIC TYPES OF CREDIT
There are four basic types of credit. By understanding how each works, you will be able to get the most for your money and avoid paying unnecessary charges.

APJEM
Arth Praband : A Journal of Economics and Management
Vol.2 Issue 1, January 2013, ISSN 2278‐0629

1. Service credit is monthly payments for utilities such as telephone, gas, electricity, and water.
You often have to pay a deposit, and you may pay a late charge if your payment is not on time.
2. Loans let you borrow cash. Loans can be for small or large amounts and for a few days or several years. Money can be repaid in one lump sum or in several regular payments until the amount you borrowed and the finance charges are paid in full. Loans can be secured or unsecured. 3. Installment credit may be described as buying on time, financing through the store or the easy payment plan. The borrower takes the goods home in exchange for a promise to pay later. Cars, major appliances, and furniture are often purchased this way. You usually sign a contract, make a down payment, and agree to pay the balance with a specified number of equal

Related Documents