JAIIB · RBWM

Retail Assets Products

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Retail Banking and Wealth Management — JAIIB.

1 video class 66 one-liners

Quick revision

One-liners from this chapter

Free sample — 8 of 66 rapid-fire Q&A cards.

What is the primary purpose of retail asset products offered by banks?

Retail asset products are credit facilities extended by banks to individual customers to meet personal, housing, vehicle, and consumption needs, forming the lending side of retail banking.

What is the maximum repayment tenure generally allowed for home loans in India?

Up to 30 years depending on borrower age and bank policy.

Which regulatory authority governs retail lending practices of commercial banks in India?

The Reserve Bank of India (RBI) governs retail lending practices through its Master Directions and circulars issued under the Banking Regulation Act, 1949.

What is the minimum CIBIL score generally required by banks for personal loan approval?

Typically 700 or above is considered acceptable for personal loans.

What is a home loan and under which category of retail assets does it fall?

A home loan is a secured term loan extended to individuals for purchase, construction, or renovation of residential property, and it falls under the secured retail asset category.

What is a top-up loan in the context of home loans?

Additional loan sanctioned over existing home loan to existing borrowers.

What is the maximum Loan-to-Value (LTV) ratio permitted by RBI for home loans up to Rs. 30 lakhs?

RBI permits a maximum LTV ratio of 90% for home loans up to Rs. 30 lakhs, meaning the borrower must contribute at least 10% as margin/down payment.

What is the difference between a subsidized and unsubsidized education loan?

Subsidized loans carry government interest subsidy during moratorium; unsubsidized do not.

Unlock all 66 one-liners

Self-quiz mode with hidden answers + printable deck.

Open the deck

Watch & learn