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Short Term Loans Queries

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  #1  
Old 18th November 2007, 12:17 AM
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Post Short Term Loans Queries

HI Everybody.
Traderji & all members here r doing a great job-Hats Off.
i though we can share our knowledge regarding Loans here. eg. one may take loan for applying IPOs.
so what r the sources of getting fast loans without security?
which financial institution charges minimum rates?
what is the procedure?
& like that a lot of queries?


Hope to get a good participation from all the visitors.
thanks a lot.
Have a nice Day.
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  #2  
Old 18th November 2007, 03:25 PM
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Default Re: Short Term Loans Queries

if sometake loan for applying any solid IPO (say Reliance Power,etc) 1lakh rupee. & suppose interest rate @1%per month. u have 2 pay 1000rs. for full month (while money is refunded in 15 days).
& chances of getting 1-2 lots (i.e 13,000Rs. share at IPO price)
if Listing gain is above 10% u earn ( 1300 - 1000 = 300rs.)
if listing gain is approx.20% u earn( 2600- 1000 = 1600rs) & so on.

so frnds wat do u think?
if u have done the real task of identifying good IPOs, then dont leave them only bcoz u dont have money or ur money is blocked somewhere, Go for it.
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Old 18th November 2007, 03:28 PM
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Default Re: Short Term Loans Queries

Sources of getting Short term Loans-
1) loans against Fixed Deposit- interest @ ur FD interest rate + 1%. (its approx 10% today), u get loan in just 5min. No formalities.

2) loans against ur IT return.

& so many waus are there which other members must be knowing, so plz share some of them here.
thanks
have a nice day.
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