Banks don’t look at salary alone: Here’s why loan offers may differ for people drawing similar incomes

· livemint.com

Loan approval may vary despite two applicants having similar salaries and living in same cities. Here's a list of factors that may determine your loan interest rates, amount or even approval.

Two people may earn similar monthly salary, work in the same cities and apply for a loan of the same amount, yet one may receive quick approval while the other ...


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