Capri Global Capital Assistant Manager Operations Interview Questions and Answers

Critical thinking is crucial in unsecured lending as it helps in assessing the borrower's creditworthiness and mitigating risks.

• Critical thinking helps in analyzing the borrower's financial history and identifying any red flags.

• It enables the credit officer to make informed decisions based on the borrower's creditworthiness and ability to repay the loan.

• It helps in identifying potential risks and developing strategies ...read more

Mandatory documents for unsecured and secured lending.

• For unsecured lending, mandatory documents include identity proof, address proof, income proof, bank statements, and credit score.

• For secured lending, mandatory documents include property documents, identity proof, address proof, income proof, bank statements, and credit score.

• Additional documents may be required based on the type of loan and lender's policies.

• Docum...read more

There are various types of property documents in Deeds, including title deeds, sale deeds, gift deeds, mortgage deeds, lease deeds, and power of attorney deeds.

• Title deeds establish ownership of the property.

• Sale deeds transfer ownership from the seller to the buyer.

• Gift deeds transfer ownership as a gift.

• Mortgage deeds are used to secure a loan against the property.

• Lease deeds establish a lease agreement between the o...read more

A mortgage loan is a type of loan used to finance the purchase of real estate, where the property itself serves as collateral for the loan.

• A mortgage loan is a secured loan, meaning that the borrower pledges the property as collateral to the lender.

• It is typically used by individuals or businesses to purchase residential or commercial properties.

• The loan amount is determined based on the value of the property and the b...read more

Lap and housing loans are types of loans provided by banks for purchasing or constructing a house or property.

• LAP stands for Loan Against Property and is a type of secured loan where the borrower pledges their property as collateral.

• Housing loan is a type of loan provided by banks for purchasing or constructing a house or property.

• Both loans have different interest rates, repayment tenures, and eligibility criteria.

• LAP...read more