Question:

What is Askari bank's Balance transfer facility loan all about?

by Guest22632698  |  1 year, 4 month(s) ago

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I am a university student and I have been assigned a task on Askari bank's Consumer banking. Mortgage finance also comes under this category I want to know Which type of customer can avail balance transfer facility loan?

 Tags: Askari, Balance, banks, facility, Loan, transfer

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1 ANSWERS

  1. Banking Expert
    Askari bank's balance transfer facility loan is offered to existing borrowers of other institutions, who may want to switch over to Askari Bank Limited because of service, pricing or relationship reasons. The loan with the other financial institute should have been paid in accordance with bank’s credit history and debt burden requirements. Balance transfer facility is strictly not allowed for the properties that are still under construction.

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