The answer to can a bank employee take loan from other bank is yes. Suppose you are a bank employee of SBI but want a personal loan from Axis Bank, so you can do that. All you have to do is meet the eligibility criteria of Axis Bank. It is, however, better that you avail the loan from your own institution. It will be easy and hassle-free, but sometimes other banks offer more flexibility or better interest rates, so people opt for other options.
Can Banks Check if You Have Loans with Other Banks?
Every bank checks the credit history of the borrower, so if you have loans with other banks and try to apply for one at a different bank, they will know it. As soon as you provide the bank with your banking history and PAN details, they enquire and verify your credit score and repayment history and come to know every single banking detail of yours. That is how they check and know whether you have loans with other banks.
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Can a Bank Employee Take Loan from Other Bank?
Kashish
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11 months
2025-01-31T14:40:34+00:00 2025-01-31T14:40:34+00:00Comment
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