MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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A loan secured by mortgage of immovable property is repayable on demand. The period of limitation, in this case, will be:

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Important Questions on Loan Policy and Loan Documentation

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 27
A loan has to be recovered on the basis of a usance bill or a promissory note. In such a case, the period of limitation is three years from:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 28
A loan has been given on the security of a bond that has no fixed due date for payment. The suit for recovery of the loan will have to be filed within three years from: