Loan Officer Interview Questions and Answers for Freshers

The job application is in my handwriting.

• I have filled out the job application form by hand.

• My handwriting is neat and legible.

• I have provided all the required information in the application.

• I have signed and dated the application form.

BL stands for Business Loan, used for business purposes. PL stands for Personal Loan, used for personal expenses.

• BL is used for business purposes while PL is used for personal expenses

• BL requires documentation related to business while PL requires personal documentation

• BL may have higher loan amounts and longer repayment terms compared to PL

• Examples: BL can be used to expand a business, while PL can be used for home renovations