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To calculate EMI for a tractor loan, use the formula: EMI = (P * r * (1 + r)^n) / ((1 + r)^n - 1)
P = Principal loan amount
r = Monthly interest rate
n = Number of monthly installments
Example: If the loan amount is $50,000, the interest rate is 5% per annum, and the loan tenure is 5 years (60 months), the EMI can be calculated as follows:
P = 50000
r = 5% / 12 = 0.00417
n = 60
EMI = (50000 * 0.00417 * (1 + 0.00417)^60) / ((1
Criteria for people given loan
Credit score
Income level
Employment history
Debt-to-income ratio
Collateral
Loan purpose
The company does not provide land on loan.
The company does not have a program for providing land on loan.
We focus on sales and do not offer land loan services.
Our primary business is sales, not land lending.
The amount of RTR required business refers to the total revenue generated from Ready-to-Rent (RTR) products or services.
RTR required business is the sales target for Ready-to-Rent offerings.
It represents the amount of revenue that needs to be generated from RTR products or services.
This metric helps measure the success of the sales team in meeting their RTR sales goals.
For example, if the RTR required business is $1 mi...
The time duration of loan sanction varies depending on several factors.
The time duration of loan sanction can range from a few hours to several weeks.
It depends on the type of loan, the lender's policies, and the applicant's creditworthiness.
For example, a personal loan from a bank may take a few days to a week for sanction, while a mortgage loan may take several weeks.
Factors such as documentation requirements, loan a...
I applied via Job Portal and was interviewed before Apr 2022. There were 3 interview rounds.
posted on 24 May 2024
I applied via Edufly and was interviewed in May 2019. There were 4 interview rounds.
The share market refers to the buying and selling of stocks and other securities on a stock exchange.
Share market involves the trading of stocks and securities
Investors buy and sell shares of companies
Stock exchanges provide a platform for trading
Market fluctuations and economic factors impact share prices
Investors aim to make profits through buying low and selling high
posted on 15 Aug 2023
I applied via Approached by Company and was interviewed before Aug 2022. There were 3 interview rounds.
I appeared for an interview in Sep 2021.
I applied via Naukri.com and was interviewed in Dec 2022. There were 2 interview rounds.
To work in an unknown place without a customer base, focus on building relationships, networking, and implementing effective marketing strategies.
Research the local market and competition to understand the potential customer base
Attend local events, join community organizations, and network with other professionals to build connections
Implement targeted marketing campaigns through social media, online advertising, and ...
based on 2 interviews
Interview experience
based on 10 reviews
Rating in categories
Area Manager
4
salaries
| ₹3.5 L/yr - ₹5.3 L/yr |
Collections Executive
3
salaries
| ₹2.4 L/yr - ₹2.4 L/yr |
Senior Sales Officer
3
salaries
| ₹1.8 L/yr - ₹3.2 L/yr |
Recovery Officer
3
salaries
| ₹1.8 L/yr - ₹2.3 L/yr |
IDBI Capital
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