What are the different types of loans you can get from a bank?
Why do you have to give security for a loan?
And what type of assets you can give as security?
These are some of the questions that one will find an answer to in this course. In the course, Ms Sonchhatra discusses the cardinal principles of lending. The course focusses on the process of creating security on different kinds of assets.
COURSE OUTLINE
1. Introduction
Welcome
Supplements
2. Banks and lending
What is a bank and what is banking?
Banks’ lending business
Principles of lending
Kinds of lending
Priority sector lending
3. Evaluating the borrower
Creditworthiness of the borrower
Principle of 5Cs
Credit Information Companies
4. Understanding fund-based loans
Classification: fund based and non-fund based loans
Fund based: cash credit loans
Fund based: overdraft facility
Fund based: term loan
Fund based: bill discounting facility
5. Understanding non-fund based loans
Introduction
Non-fund Based: Bank Guarantee
Financial and performance guarantees
Non-fund based: letter of credit
Non-fund based: Types of letter of credit
6. Security for bank loans: mortgages
Understanding mortgages on immovable properties
Equitable and registered mortgages
Importance of title search reports
7. Security for bank loans: hypothecation
Movable property
Fixed charge and floating charge
Hypothecation
8. Security for bank loans: pledge
What is a pledge?
Depository and depository participant
How to create a pledge?
9. Other kinds of security
Lien on fixed deposits
Assignment of book debts, and life insurance policies
10. Conclusion: different kinds of security
Summing up the different types of securitySecurity perfection and CERSAI Filing
11. Security perfection and CERSAI Filing
Paying stamp duty, registering charges and mortgages
