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Among the given, which of the following is the correct match on the basis of the requirement for personal loans?
  • a)
    Minimum Age: limit 18 - 28 years
  • b)
    Maximum Age: limit 58 - 68 years
  • c)
    Minimum Net Monthly Income: Rs.10,000 and above
  • d)
    Maximum EMI: Up to 50% of Income
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Among the given, which of the following is the correct match on the ba...
The general requirements and limits are outlined below:
  • Minimum Age: limit 21 - 28 years
  • Maximum Age: limit 58 - 68 years
  • Type of Employment: Salaried, Business owner, Self-employed professional, Retired, Student & Home maker
  • Employment Status: Employed/In-business for at least 2 - 5 years
  • Minimum Net Monthly Income: Rs.5,000 and above
  • Work Experience: 1 to 3 years & Above
  • Credit Score: CIBIL score of 750 or more
  • Maximum EMI: Up to 65% of Income
Hence, option (b) is correct.
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Most Upvoted Answer
Among the given, which of the following is the correct match on the ba...
Explanation:

Maximum Age: limit 58 - 68 years
- Personal loan providers typically have an age limit for applicants. The maximum age limit mentioned in option 'B' falls within the common range for personal loan eligibility, which is usually around 58 to 68 years.
- This criterion ensures that the borrower has a certain number of working years left to repay the loan, reducing the risk for the lender.
Therefore, the correct match on the basis of the requirement for personal loans is option 'B' - Maximum Age: limit 58 - 68 years.
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Among the given, which of the following is the correct match on the basis of the requirement for personal loans?a)Minimum Age: limit 18 - 28 yearsb)Maximum Age: limit 58 - 68 yearsc)Minimum Net Monthly Income: Rs.10,000 and aboved)Maximum EMI: Up to 50% of IncomeCorrect answer is option 'B'. Can you explain this answer?
Question Description
Among the given, which of the following is the correct match on the basis of the requirement for personal loans?a)Minimum Age: limit 18 - 28 yearsb)Maximum Age: limit 58 - 68 yearsc)Minimum Net Monthly Income: Rs.10,000 and aboved)Maximum EMI: Up to 50% of IncomeCorrect answer is option 'B'. Can you explain this answer? for Bank Exams 2025 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about Among the given, which of the following is the correct match on the basis of the requirement for personal loans?a)Minimum Age: limit 18 - 28 yearsb)Maximum Age: limit 58 - 68 yearsc)Minimum Net Monthly Income: Rs.10,000 and aboved)Maximum EMI: Up to 50% of IncomeCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Bank Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Among the given, which of the following is the correct match on the basis of the requirement for personal loans?a)Minimum Age: limit 18 - 28 yearsb)Maximum Age: limit 58 - 68 yearsc)Minimum Net Monthly Income: Rs.10,000 and aboved)Maximum EMI: Up to 50% of IncomeCorrect answer is option 'B'. Can you explain this answer?.
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