Podcast
Questions and Answers
What is the maximum age limit for individuals applying for a loan?
What is the maximum age limit for individuals applying for a loan?
- 75 years
- 70 years
- 65 years (correct)
- 60 years
For motor vehicles under what market value will the loan not be accepted?
For motor vehicles under what market value will the loan not be accepted?
- k65,000 (correct)
- k80,000
- k75,000
- k110,000
Which vehicle make does not require exceptional approval by the MD?
Which vehicle make does not require exceptional approval by the MD?
- Mazda
- Toyota (correct)
- Ford
- Mercedes Benz
What is the specific year of manufacture requirement for Mercedes Benz vehicles?
What is the specific year of manufacture requirement for Mercedes Benz vehicles?
What type of vehicle valuation method is used to calculate the maximum loan amount for Mercedes Benz vehicles?
What type of vehicle valuation method is used to calculate the maximum loan amount for Mercedes Benz vehicles?
What is the primary responsibility of the credit department according to the text?
What is the primary responsibility of the credit department according to the text?
Which of the following is NOT a requirement mentioned for establishing credit eligibility?
Which of the following is NOT a requirement mentioned for establishing credit eligibility?
Whose function is it to enforce the credit policy in all respects?
Whose function is it to enforce the credit policy in all respects?
What additional requirement is mentioned for clients with an Airtel number operational for less than 3 months?
What additional requirement is mentioned for clients with an Airtel number operational for less than 3 months?
Which of the following documents is NOT mentioned as a requirement in the text?
Which of the following documents is NOT mentioned as a requirement in the text?
Flashcards are hidden until you start studying
