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Getting A Bank Loan, The Easy Way

Updated on February 5, 2014


How to get bank's money

There are many types of loan products depending on the type of loan companies.

  1. Small Business Loan- for small businesses
  2. Corporate Loan- for large industries
  3. Equity Loan- for Medium sized industries
  4. Short Term Loan( over draft)-loan with mortgage
  5. Home Loan- for construction
  6. Student Loan- for students financial support
  7. Doctors Loan- for doctors to buy medical instruments
  8. Teachers Loan- for teachers of school, colleges and universities
  9. Personal Loan- for personal uses
  10. Credit Card Loan- against credit cards
  11. ETC.

Which Loan is for you?

According to your needs you should select the right type of loan product for your business, home or just personal use.

You can contact to an expert on this matter or discuss with your friend who already availing a loan.

You can contact with any nearest bank to choose one from their product lists.

Which Documents You Need to avail a loan?

  1. Valid Photo ID

  2. Tax information

  3. Bank account information
  4. Mortgage if demand
  5. Guarantor if demand
  6. Trade license if business
  7. Other specific license if required as for your type of product of business.
  8. Photo
  9. Seal (stamp)if business
  10. Project profile
  11. Others

How to get it easy?

If all the required documents are ready, you can apply for a loan. The loan officer will contact you physically within 7 days as per their rules. Give him full information about you, your business, your family, your friends, your plan of business, your income status, your strengths and which he asked to know. Don't hide any information of your business and your own. Never try to influence them anyhow.

If you find any difficulty, contact with loan officer handling your application.

After submission of your application wait for several days for approval. You can get a business consultant to help you all time.

Loans : How to get it easy?

The easy way to get a bank loan
The easy way to get a bank loan

Project profile preparation for bank loan

If you want to get a loan for your industrial projects, you will need a project profile or feasibility report for bank loan.

You will get it from a business consultant found nearby.


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      Mitali Chowdhury 6 years ago from Bangladesh

      I have updated some parts of this hub.