Beruflich Dokumente
Kultur Dokumente
Chief Manager
Technology Centre, Chennai
{LVB/102-05.05-MISC/Cir.3/134/14-15 03.06.2014,
LVB/102-06.03-MAIN/Cir.4/105/15-16 21 May 2015 &
LVB/102-05-MISC/Cir6/216/15.16 dated 24.6.2015,
LVB/102.05.MISC.34/511/17-18 dated 08.03.2018 &
LVB/102-05-MISC/Cir.28/294/18-19 Dated 19.11.2018}
1. Which of the following types of customers is not eligible to avail LBC facility:
a. Petrol dealer
b. Share/stock brokers
c. Proprietary firm
d. Private Limited Company
2. To be eligible for LBC, the business enterprise (i) should be in business and (ii) earning
profit for:
3. For arriving the eligible quantum of loan under LBC Scheme, the following 3 criteria
are verified:
4. Maximum quantum that can be sanctioned under LBC in Semi-urban area branches:
a. Rs.1.00 crore
b. Rs.2.00 crore
c. Rs.4.00 crore
d. Rs.5.00 crore
5. LBC is not available for the following purpose:
6. The following are the criteria verified for arriving at the eligible quantum of LBC limit:
a. True
b. False.
9. For LBC limits sanctioned in semi urban areas, if the loan quantum is more than Rs.2.00
crore, at least 2 coll. Securities are to be obtained.
a. True
b. False
10. In the case of self-occupied commercial buildings, the value of security that can be
accepted is ____% of the forced sale value.
a. 50%
b. 60%
c. 65%
d. 55%
11. In case of vacant lands and let out commercial property, the margin requirement is
a. 40%
b. 50%
c. 60%
d. 45%
12. In case of un-approved buildings offered as security,
13. One of the following types of properties is eligible as security for LBC limits
14. Property belonging to one of the following persons is not eligible security for LBC:
15. What is the maximum age of the building property that can be accepted as
security for LBC limits:
a. 50 years
b. 45 years
c. 40 years
d. 25 years
16. In respect of securities with huge value obtained for LBC limits, whether cross
collateralization is permitted ?
a. Yes
b. No.
17. The maximum internal credit rating acceptable for considering LBC proposals is:
a. LVB3
b. LVB4
c. LVB5
d. LVB6
a. Quarterly
b. Monthly
c. Monthly, for limits in excess of Rs.1 cr and quarterly, for others.
d. Quarterly for limits in excess of Rs.1 crore and Monthly for limits up to Rs.1 crore.
a. Once in 3 months
b. Once in 6 months
c. Annually
d. Need not be obtained.
21. To be eligible for enhancement in the LBC limit, the minimum transaction to be
routed through our operative CASA account is
a. 100%
b. In excess of 100%
c. 50%
d. 80% and above.
22. For LBC limits, Stock and Receivables Audit (SRA) is to be conducted at the following
intervals:
a. Annual
b. SRA is waived for LBC limits.
c. Once in three years
d. At the time of sanction and after that, every year.
a. No excess is permitted
b. 10% of the limit or Rs.25 lakhs whichever is lower
c. 20% of the limit without ceiling
d. No such restriction regarding limit or period.
a. Multi-axel vehicles
b. Transport buses
c. Poclain units
d. All the above.
8. Regional Credit Committee (RCC) at the ROs have powers to sanction LCVL up to
a. Rs.9.00 crore
b. Rs.5.00 crore
c. Rs.3.00 crore
d. No powers
3. Lakshmi Home Loan (LHL):
{LVB/102.05.05-MAIN/Cir.29/863/11-12/03.01.2012 & LVB/102-05-MAIN/Cir.3/448/15-16}
a. True
b. False
a. as a Term Loan
b. as an overdraft
c. both the above.
a. Business partner
b. Father in law
c. Brother
d. Daughter in law
6. In the case of LHL for purchase of approved plots, as per the declaration to be
obtained from the borrower, within which period the house has to be constructed on
the plot
a. No such requirement
b. 5 years
c. 2 years
d. 3 years
9. In respect of LHL, in all types of eligible borrowers, the EMI of the loan should not
exceed
10. Minimum and maximum loan quantum under LHL in semi urban areas is
11. Minimum and maximum loan quantum under LHL in Metro areas is
12. Minimum and maximum loan quantum under LHL in Urban areas is
14. For renovation/repairs the maximum loan quantum under LHL is restricted to
a. 75% of the estimated cost or 40% of the value of the property mortgaged or Rs.30
lacs, whichever is lower.
b. 75% of the estimated cost or 40% of the value of the property mortgaged or Rs.30
lacs, whichever is higher.
c. 50% of the estimated cost or 50% of the value of the property mortgaged or Rs.50
lacs, whichever is lower.
d. 75% of the estimated cost or 50% of the value of the property mortgaged or Rs.30
lacs, whichever is lower.
15. Cost of land/plot that can be included in the project cost is restricted to
16. In case of LHL for purchase of old houses, the maximum age of the building can
be
a. 15 years
b. 20 years
c. 25 years
d. 40 years
17. Margins for LHL in respect of loans up to Rs.75 lakhs and above Rs.75 lakhs are
20. Margins for LHL for purchase of old houses of age (i) below 10 years; (ii) 10-15
years and (iii) above 15 years up to 20 years are:
21. Maximum repayment period, including holiday period, under LHL for individuals
other than salaried individuals is:
23. Maximum repayment period,including holiday period, in the case of LHL for
salaried individuals is
a. Group insurance
b. ATM Debit Card, Cheque Book, Net Banking, etc.
c. Priority sanction for other loans
d. Reduction in processing fee.
26. In respect of LHL-OD, monthly Drawing Power (DP) will be reduced by EMI paid.
a. True
b. False
a. Personal expenditures
b. Business needs
c. Investment purposes
d. All the above.
a. Good track record of repayment for not less than 12 months in the existing LHL
account of the borrower.
b. Market value of the property
c. Repayment capacity of the borrower
d. All the above.
29. The maximum age of the borrower in respect of the LHL Top-up loan can be
a. 70 years
b. No cap. However, loan tenure cannot be beyond the maturity date of the LHL
against which the Top up loan is considered.
c. 65 years
d. No maximum age prescribed.
a. Rs.50 lakhs
b. Rs.75 lakhs
c. Rs.25 lakhs
d. Rs.10 lakhs
a. 15 years
b. 10 years
c. 10 years or residual period of the existing LHL, whichever is lower.
d. 7 years.
a. Rs.1.00 lakh
b. Rs.10.00 lakhs
c. Rs.5.00 lakhs
d. No minimum is prescribed.
a. Speculative purposes
b. Medical expenses
c. Activities listed out in the negative list of our Lending Policy.
d. both (a) and (c)
5. Maximum age of the borrower at the time of closure of the LLAP-TL in case of other
than salaried individuals is
a. 65 years.
b. 70 years.
c. 75 years.
d. 80 years.
6. In the case of individuals, the eligible quantum of loan is arrived based on
a. 40%
b. 35%
c. 50%
d. 20%
a. 0.40%
b. 0.50%
c. 0.25%
d. 1.10%
a.100%
b. as per Lending Policy
c. 167%
d. 150%
12. Property not eligible as coll. Security for LLAP-TL is
13. In the case of eligible building property, the maximum age of the property
permitted is:
a. 25 years
b. 20 years
c. 40 years
d. 30 years
14. If the building property offered as security does not have approval,
5. Lakshmi Business Term Loan (LBTL) (Modification of LLAP for MSME Sector)
Ref: LVB/102-05-MAIN/Cir.7/293/18-19 19 November 2018
2. Purpose for which Lakshmi Business Term Loan (LBTL) can be sanctioned is
3. To be eligible for loan under Lakshmi Business Term Loan (LBTL), the following
criteria need to be fulfilled:
a. The units Current Ratio should be 2:1
b. DSCR based on latest audited balance sheet should be at least 1.50.
c. The Debt Equity ratio should be less than 3:1
d. No such requirement
4. The maximum and minimum amount that can be sanctioned under LBTL area.
a. Metro Branches
b. Urban Branches
c. Rural Branches
d. Semi-urban Branches
a. Who do not have track record of term loan repayment or if the previous loan is
closed 6 months before applying for LBTL.
b. Who is availing other loans from our Bank
c. Who do not have track record of more than 5 years
d. No such restriction.
7. If the security offered for LBTL is a let out commercial property, the exposure is to be
restricted to
a. Rs.1.00 crore
b. Rs.3.00 crore
c. Rs.5.00 crore
d. No such restriction.
a. 60 months
b. 180 months
c. 120 months
d. 24 months
9. For Lakshmi Business Term Loan (LBTL), the LTV based on Force Sale Value is restricted
to 45% in respect of the following type of property:
10. For LBTL, the LTV based on Force Sale Value in respect of leased out/rented
out/vacant residential building is:
a. 50%
b. 55%
c. 60%
d. 65%
11. In respect of old buildings offered as security for LBTL, the age of the property
should not be more than
12. In LBTL, for obtaining second valuation report, the maximum security value and loan
amount are stipulated as:
13. If the collateral security value is huge and the coverage for Lakshmi Business Term
Loan (LBTL) is fully covered, the residual portion of the collateral security can be
considered for other loans also
1. Lakshmi Loan Against Shares (LLAS) can be extended against pledge of shares of the
following category:
2. Lakshmi Loan Against Shares (LLAS) can be extended through all our branches
a. True
b. False
3. For availing loan under Lakshmi Loan Against Shares (LLAS), the shares should be
6. The minimu m & maximum loan that can be sanctioned under Lakshmi Loan Against
Shares (LLAS) is
7. Lakshmi Loan Against Shares (LLAS) can be sanctioned against the following
securities also
8. Type of limit that can be sanctioned under Lakshmi Loan Against Shares (LLAS) is
9. The restriction in age in respect of borrowers under Lakshmi Loan Against Shares
(LLAS) is prescribed as
a. Between 18 years and 60 years
b. Between 21 years and 75 years
c. Between 18 years and 65 years
d. No restriction
a. Unlisted shares
b. Our Bank’s shares
c. Other than BSE 200 shares
d. All the above
7. Lakshmi Personal Vehicle Loan: (LPVL)
a. By any type of individuals for purchasing a vehicle for their personal use
b. By a company for purchasing a vehicle for use of its MD.
c. By a partnership firm for purchasing a vehicle for their business use.
d. Both (a) & (b)
3. In respect of loans for purchase of used four wheelers under Lakshmi Personal
Vehicle Loan (LPVL), the vehicle can be
a. 2 years old
b. 10 years old
c. 4 years old
d. Old vehicles are not permitted.
4. In the case of individuals, the minimum annual income for becoming eligible for
purchase of 4-wheelers is
a. Rs.1,20,000/-
b. Rs.2,00,000/-
c. Rs. 1,50,000/-
d. No such requirement
5. In the case of Lakshmi Personal Vehicle Loan (LPVL), the income of the following
persons can be clubbed with the income of the applicant for arriving at the
eligibility:
a. Net annual income should be twice the annual repayment under LPVL
b. Net monthly income should be at least twice the monthly instalment fixed for the
loan.
c. DSCR should work out to 1.50
d. The business of the applicant should earn sufficient income to repay.
7. For arriving at the eligibility for Lakshmi Personal Vehicle Loan (LPVL), the
following income can be taken in to account with documentary evidence:
a. Rent
b. Dividend
c. Interest & commission
d. All the above
8. Minimum and maximum age of the applicant under Lakshmi Personal Vehicle
Loan (LPVL) is stipulated as:
9. For purchase of new 4-wheeler, the maximum loan amount under Lakshmi
Personal Vehicle Loan (LPVL) is
a. 75% of the cost of the vehicle including road tax, insurance & accessories
b. 85% of the cost of the vehicle including road tax, insurance & accessories
c. 90% of the cost of the vehicle including road tax, insurance & accessories
d. 80% of the cost of the vehicle including road tax, insurance & accessories
10. Maximum loan amount for purchase of used four wheelers permitted under
Lakshmi Personal Vehicle Loan (LPVL) is
11. Maximum loan amount for purchase of new two wheelers permitted under
Lakshmi Personal Vehicle Loan (LPVL) is
a. Rs.1.20 lakhs
b. Rs.2.00 lakhs
c. Rs.1.50 lakhs
d. Rs.3.00 lakhs
12. Personal Guarantee from a person with suitable net worth / income is a must for
4 wheeler loans (LPVL).
a. True
b. False
13. Maximum repayment for LPVL for purchase of new four wheelers is
a. 60 months
b. 72 months
c. 84 months
d. 36 months
14. Maximum repayment for LPVL for purchase of used four wheelers is
a. 60 months
b. 36 months
c. 84 months
d. 72 months
15. Maximum repayment for LPVL for purchase of new two wheelers is
a. 60 months
b. 72 months
c. 84 months
d. 36 months
8. Lakshmi Commodity Power – LCP:
1. Why we should have tie up with some of the collateral security management
organizations for warehouse financing through Lakshmi Commodity Power
(LCP)?
a. Farmers
b. Commission Agents
c. Proprietary Concerns
d. All the above.
3. Purpose for which Lakshmi Commodity Power (LCP) can be sanctioned includes
a. Working Capital
b. Any purpose, including business as well as personal
c. For construction of Cold Storage facility
d. General corporate purpose
a. 50%
b. 25%
c. 35%
d. 40%
a. Agricultural products (Cotton, Maize, paddy, areca nut, Green Gram, etc.)
b. Automobile products
c. Electronic goods
d. Edible Oil items
a. 24 months
b. 12 months or maximum storage period as specified by collateral manager
for the respective commodity, whichever is less.
c. 6 months or maximum storate period for the commodity, whichever is less.
d. 18 months.
7. Collateral Management fee and Processing fee for loans under Lakshmi
Commodity Power (LCP) are
8. For loans under Lakshmi Commodity Power (LCP), the securities are
a. Bullet payment along with interest at the end of loan period without any
holiday period
b. Monthly instalments
c. Principal at the end of the period and interest on monthly basis
d. In EMIs
10. Maximum loan that can be sanctioned under Lakshmi Commodity Power (LCP)
is
a. Rs.200.00 lakhs
b. Rs.300.00 lakhs
c. Rs.500.00 lakhs
d. Rs. 400.00 lakhs
11. Under Lakshmi Commodity Power (LCP) in one customer ID a borrower can avail
only one loan for different commodities dealt by him
a. True
b. False
12. Under Lakshmi Commodity Power (LCP), loan can be repaid partially and partial
withdrawal of the pledged goods is permitted
a. True
b. False
9. Lakshmi Rental Loan (LRL):
1. The following type of property is not considered as eligible for extending loan
under Lakshmi Rental Loan (LRL):
2. Eligible borrowers who can avail Lakshmi Rental Loan (LRL) include: (select
appropriate answer) :
a. Trusts
b. Partnership firms
c. Public & private limited companies
d. All the above
a. 40 years
b. 30 years
c. 25 years
d. 15 years
4. Eligible purpose for which Lakshmi Rental Loan (LRL) can be sanctioned, do not
include:
a. The firm (tenant) should be in existence for at least 3 years and should be
profit making.
b. The firm should be known to the Bank.
c. The firm should profit making for at least one year.
d. The firm should be in existence of more than 5 years and should have earned
profit for at least one year.
6. Eligible tenants in the buildings against which Lakshmi Rental Loan (LRL) is
considered, does not include
7. Maximum and minimum quantum of loan that can be availed under Lakshmi
Rental Loan (LRL) are
a. 25% margin
b. TDS/GST and advance amount if any
c. TDS/GST at the prevailing rate and minimum of 20% for other expenses
d. None of the above
9. For arriving eligible loan amount under Lakshmi Rental Loan (LRL), the maximum
lease period including future extended period cannot exceed
a. 60 months
b. 48 months
c. 84 months
d. 120 months
10. The eligible quantum of loan under Lakshmi Rental Loan (LRL) is arrived
a. After deducting TDS/GST and expenses to the extent of 20%, the net monthly
rent is eligible loan amount.
b. After deducting TDS/GST and Expenses (minimum 20%) and by discounting
the net monthly rent so arrived by the rate of interest chargeable.
c. By totaling the rent receivable for the entire period, the eligible loan amount
is arrived and EMI is arrived based on the interest rate applicable to the loan.
d. By arriving DSCR and ensuring that the same does not go below 1.50.
11. The rate of interest chargeable for Lakshmi Rental Loan differs for each type of
tenants in the building
a. True
b. False.
12. In respect of individual borrowers availing loan under Lakshmi Rental Loan (LRL),
the maximum repayment can be
a. 120 months.
b. Remaining lease period or the borrower attaining the age of 75 years,
whichever is early.
c. Remaining lease period or the borrower attaining the age of 65 years,
whichever is early.
d. Remaining lease period.
13. In case of tripartite agreement under Lakshmi Rental Loan (LRL), the
following parties are involved:
14. The following document ensures receipt of rent by the Bank (in the borrower’s
account) from the tenant
16. To be eligible to avail Lakshmi Rental Loan, the minimum rent, net of TDS/GST &
maintenance expenses, should be
a. Rs.10,000/-
b. Rs.2,500/-
c. Rs.5,000/-
d. Rs.1.00 lakh
10. Lakshmi Easy Loan (LEL):
(Cir. No. 20/436/11-12 dated 25.08.2011 and Credit/Cir.No.34/2005-06 dated 4.10.2005.)
1. Lakshmi Easy Loan (LEL) can be sanctioned against the following securities
2. Minimum and maximum loan that can be sanctioned under Lakshmi Easy Loan
(LEL) product are;
3. The mode of charging of securities in case of Lakshmi Easy Loan (LEL) are:
4. In the case of Life Insurance Policies, the value that can be reckoned for arriving
at the eligible loan amount under Lakshmi Easy Loan (LEL) is
a. Sum assured.
b. Total premium payable for the entire period of the policy
c. As per the requirement of the applicant subject to keeping required margin.
d. Surrender value of the policy as on a recent date.
5. In the case of NSCs/KVPs, the value that can be reckoned for arriving at the
eligible loan amount under Lakshmi Easy Loan (LEL) is
a. 25%
b. 15%
c. 10%
d. NIL
8. Minimum processing fees to be collected for Lakshmi Easy Loans (LEL) are
9. Maximum repayment in the case of demand loans under Lakshmi Easy Loans
(LEL) is
a. 60 months
b. 60 months or 2 months before maturity of NSC/KVP/LI Policies, whichever is
early.
c. 60 months or 3 months before maturity of NSC/KVP/LI Policies, whichever is
early.
d. 60 months or till maturity of the NSC/KVP/LI policies, whichever is early.
10. In case of prepayment of loans under Lakshmi Easy Loans (LELs) prepayment
penalty applicable is
LVB/102-05-MAIN/Cir.3/437/12-13. 29.09.2012
LVB/102-05.05-MAIN/Cir.14/554/15-16 30 October 2015 – INTEREST RATE
LVB/102-05-MAIN/Cir.8/377/14-15 dated 27 August 2014 (Issuance of ‘RuPayKisan Credit
Card’ to all LKCC account holders)
2. To be eligible for Lakshmi Kisan Credit Card (LKCC), the borrower’s age should
be
3. For availing Lakshmi Kisan Credit Card (LKCC), the applicant should be
4. Minimum and maximum quantum of facility available under Lakshmi Kisan Credit
Card (LKCC) are
a. Cash Credit
b. Term Loan
c. Both Cash Credit and Term Loan
2. To be eligible to avail loan under Vidya Lakshmi Loan, which one of the following
is correct
4. Eligible expenses for extending loans under Vidya Lakshmi Loan include:
a. Purchase of computers and lap top essential for completing the course.
b. Expenses for purchase of cloths
c. Expenses for travel to and from the college
d. Medical expenses
5. To be eligible for priority sector classification, the maximum loan quantum for
domestic and foreign studies under Vidya Lakshmi Loan (VLL) are:
7. For appraising Vidya Lakshmi Loan (VLL), the following will be looked into
a. At the end of the holiday period, simple interest for the entire holiday period is
calculated and added to the principal and EMI is fixed for the remaining
agreed repayment period.
b. Interest during holiday period is accrued on monthly basis and at the end of
the holiday period, the repayment is required to be made in EMIs.
c. The repayment is fixed as applicable to Term Loans.
d. None of the above.
9. For girl students availing Vidya Lakshmi Loan (VLL), a concession in interest rate is
offered up to:
a. 1%
b. 0.50%
c. 0.75%
d. 0.25%
10. For eligibility under the Interest subsidy during moratorium period for studies in
India, for Students belonging to Economically Weaker Sections (EWS) under the
‘IBA Model Educational Loan Scheme’ as per the Central Scheme for Interest
Subvention (CSIS) announced by the Govt. of India, Ministry of Human Resources
Development, the annual income (from all sources) of the family of the student
should be
11. Interest subsidy on Vidya Lakshmi Loans (VLL) during holiday period for students
belonging to Economically Weaker Sections (EWS) is available for
13. Interest concession of 1% is available for Vidya Lakshmi Loans, where the interest
is serviced during holiday period
a. True
b. False
15. Co obligation of parents/grand parents is required for Vidya Lakshmi Loans (VLL)
in the following cases:
17. Maximum holiday period available for Vidya Lakshmi Loans (VLL) is
a. Course Period
b. Course Period + 1 year or 6 months after employment
c. Course Period + 6 months
d. Course period + till employment
18. The maximum repayment period for Vidya Lakshmi Loans of up to Rs. 7.50 lakhs is
a. 10 years
b. 5 years
c. 15 years
d. 4 years
19. The maximum repayment period for Vidya Lakshmi Loans of above Rs. 7.50 lakhs
is
a. 10 years
b. 5 years
c. 15 years
d. 4 years
20. If the student is unable to complete the course of study within the holiday period
21. Reimbursement of the eligible expenses can be made in Vidya Lakshmi Loan as
part of the loan provided,
22. Application for Vidya Lakshmi Loans (VLL) are to be disposed off within
a. a period of two months, but not exceeding the time norms stipulated for
disposing loan applications under priority sector lending.
b. A period of 15 days
c. a period of one month, but not exceeding the time norms stipulated for
disposing loan applications under priority sector lending.
d. No period is stipulated.
23. The rejection of applications for Vidya Lakshmi Loans (VLL) requires the
concurrence of a higher level authority
a. Yes
b. No.
13. Lakshmi Gold Power (LGP):
1. The main difference between Lakshmi Gold Power (LGP) and Jewel Deposit
Loans (JDLs) is
2. The minimum and maximum loan quantum permitted under Lakshmi Gold Power
(LGP) are:
4. Applicable loan processing fee and minimum processing fee for Lakshmi Gold
Power (LGP) are
***********
Answer key for questions on Lakshmi Loan products
(13 products, 191 questions)
(1) b; (2) c; (3) b; (4) d; (5) a; (6) c; (7) a; (8) d; (9) a; (10) d; (11) b; (12) c; (13) d;
(14) c; (15) c; (16) b; (17) c; (18) c; (19) d; (20) a; (21) d; (22) b; (23) b; (24) a;
(1) c; (2) b; (3) c; (4) a; (5) d; (6) c; (7) c; (8) b; (9) b; (10) c; (11) a; (12) b; (13) b;
(14) a; (15) a; (16) b; (17) a; (18) c; (19) a; (20) d; (21) d; (22) c; (23) a; (24) b;
(25) b; (26) a; (27) d; (28) d; (29) b; (30) c; (31) c; (32) b;
(1) d; (2) b; (3) d; (4) a; (5) c; (6) c; (7) a; (8) c; (9) c; (10) b; (11) c; (12) b; (13) c;
(14) b;
(1) c; (2) c; (3) b; (4) d; (5) c; (6) a; (7) b; (8) c; (9) c; (10) c; (11) a; (12) b; (13) b;
(1) a; (2) b; (3) c; (4) a; (5) a; (6) b; (7) d; (8) b; (9) ; (10) a; (11) b; (12) a; (13) b;
(14) b; (15) a;
(1) b; (2) d; (3) a; (4) d; (5) a; (6) b; (7) a; (8) a; (9) a; (10) b; (11) b; (12) a;
(1) c; (2) d; (3) d; (4) c; (5) a; (6) d; (7) b; (8) c; (9) d; (10) b; (11) a; (12) b; (13) c;
(14) c; (15) d; (16) b;
(1) d; (2) a; (3) d; (4) a; (5) b; (6) b; (7) c; (8) a; (9) d; (10) b; (11) a; (12) b; (13) a;
(14) c; (15) d; (16) b; (17) b; (18) a; (19) c; (20) c; (21) b; (22) c; (23) a