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IIFL Finance
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Loan procurement is the process of obtaining a loan from a financial institution or lender.
Involves submitting an application for a loan
Includes providing necessary documentation such as income verification and credit history
May require meeting certain eligibility criteria set by the lender
Can involve negotiating loan terms and interest rates
Examples: applying for a mortgage, car loan, or personal loan
I applied via Recruitment Consulltant
CIBIL is a credit information company that collects and maintains records of individuals' credit behavior.
CIBIL stands for Credit Information Bureau (India) Limited.
It provides credit scores and reports to lenders to help them assess the creditworthiness of potential borrowers.
CIBIL scores range from 300 to 900, with higher scores indicating better creditworthiness.
Lenders use CIBIL reports to make informed decisions o...
Primary KYC (Know Your Customer) is the initial process of verifying the identity of a customer before providing financial services.
Primary KYC involves collecting basic information such as name, address, date of birth, and identification documents.
It is a mandatory process for financial institutions to prevent money laundering and fraud.
Customer due diligence is also conducted during primary KYC to assess the risk ass...
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I applied via Approached by Company and was interviewed before Aug 2021. There were 2 interview rounds.
I applied via Naukri.com and was interviewed in Mar 2023. There were 2 interview rounds.
I applied via Company Website
I applied via Naukri.com and was interviewed before Jan 2024. There was 1 interview round.
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