Loan on New Bank Account

[Predator]

Hi
My friend owes me some money (around 1L) and he is unable to repay. I tried taking loan from Gpay, PhonePe Navi (+10 other platforms) etc. but everyone rejected his application as he has no job and income.
Now I am planning to open a new bank account in his name and park some money (50-60k) in his savings account so that the bank triggers some pre-approved loan offers.

Could anyone suggest Which bank would be ideal for it? I mean bank which gives pre-approved loans very fast, in just 2-3 months of account opening.


Thank You

 

[Predator]

A friend in need is a friend indeed, I understood the meaning today

I'm Tamraj Kilvish
Andhera kaayam rahe

you started Kalyug on earth and you yourself is source of all evils, where friendship have no meaning, only money, greed matters.
I am just following your path

 

[deep@vie]

you started Kalyug on earth and you yourself is source of all evils, where friendship have no meaning, only money, greed matters.
I am just following your path

Amen

 

[thanix]

This is the most crazy thread I have read...

 

[4uziaul]

🤭🤭🤭

 

[plastikman]

I will keep the debit card, passbook password, etc. with me, and will use my secondary contact number for account

Are, even if you do that bank will loan your friend money only by holding a lien on that account. Your that money will be stuck too.

 

[Predator]

Are, even if you do that bank will loan your friend money only by holding a lien on that account. Your that money will be stuck too.

I do not think so.

 

[plastikman]

I do not think so.

You may want to read more before being so certain -

What is Lien Amount? Meaning, Reasons and Removal of Lien Mark

You should know everything about the lien amount and the steps to remove the lien mark from your bank account. Know how to Removal of Lien Mark from SBI, Kotak, ICICI, BOB and HDFC Bank.

www.urbanmoney.com

 

[Predator]

You may want to read more before being so certain -

What is Lien Amount? Meaning, Reasons and Removal of Lien Mark

You should know everything about the lien amount and the steps to remove the lien mark from your bank account. Know how to Removal of Lien Mark from SBI, Kotak, ICICI, BOB and HDFC Bank.

www.urbanmoney.com

Bro banks and these apps are offering Personal Loans without any collateral, but they charge interest rates upto 24% pa.
Also, the article shared by you says that lien would be marked only if one fails to make the payment. So, I can safely withdraw my balance once the loan is sanctioned.
So, when the balance itself is low, a lien would do no harm

 

[deep@vie]

Bro banks and these apps are offering Personal Loans without any collateral, but they charge interest rates upto 24% pa.
Also, the article shared by you says that lien would be marked only if one fails to make the payment. So, I can safely withdraw my balance once the loan is sanctioned.
So, when the balance itself is low, a lien would do no harm

There won't be anything to withdraw at all🤣

 

[SSV]

Hi
My friend owes me some money (around 1L) and he is unable to repay. I tried taking loan from Gpay, PhonePe Navi (+10 other platforms) etc. but everyone rejected his application as he has no job and income.
Now I am planning to open a new bank account in his name and park some money (50-60k) in his savings account so that the bank triggers some pre-approved loan offers.

Could anyone suggest Which bank would be ideal for it? I mean bank which gives pre-approved loans very fast, in just 2-3 months of account opening.


Thank You

By the looks of it, you may be trying to make your friend a more resposible adult..

However,...

If the bank does some sort of soft / hard pull about the credit score of your friend at some stage of the pre approved offer/ before sanctioning the loan, then game is over as your friend got 10+ recent enquiries about personal loan...
I highly doubt if any bank doesn't follow the above mentioned rule...

 

[deep@vie]

This is not going to happen at all.

By the looks of it, you may be trying to make your friend a more resposible adult..

However,...

If the bank does some sort of soft / hard pull about the credit score of your friend at some stage of the pre approved offer/ before sanctioning the loan, then game is over as your friend got 10+ recent enquiries about personal loan...
I highly doubt if any bank doesn't follow the above mentioned rule...

 

[SSV]

This is not going to happen at all.

so you are saying, no cibil check (soft/hard) during the entire process(from giving pre-approval to disbursing money of a personal loan)??

 

[deep@vie]

so you are saying, no cibil check (soft/hard) during the entire process(from giving pre-approval to disbursing money of a personal loan)??

I'm saying loan not going to be sanctioned at all.

 

[SSV]

I'm saying loan not going to be sanctioned at all.

Got it now...

 

[SSV]

My friend owes me some money (around 1L) and he is unable to repay. I tried taking loan from Gpay, PhonePe Navi (+10 other platforms) etc. but everyone rejected his application as he has no job and income.
Now I am planning to open a new bank account in his name and park some money (50-60k) in his savings account so that the bank triggers some pre-approved loan offers.

Could anyone suggest Which bank would be ideal for it? I mean bank which gives pre-approved loans very fast, in just 2-3 months of account opening.


Thank You

If you're parking this 50-60k,then you're going to lose it as well

Agree with @deep@vie here, in the most likely scenario...

More often than not, it is highly likey that this parking of 50-60K, would result in "throwing good money after bad money" if we look at the way how market works... as we are not fixing the root cause..( even though your intention in applying this strategy is to fix the root cause)....

Instead, please try to fix the issue without further funding...
All the best...

 

[Learner]

I'm saying loan not going to be sanctioned at all.

This is sad!
Somehow, I was more interested towards the comment to help the guy take out the 50-60k amount in his name without having phone number, passbook, cheque book or ATM card. 🥹😅

And later reading a new thread about "things not to do to get pre approved loan offer".

 

[Tejo]

This is sad!
Somehow, I was more interested towards the comment to help the guy take out the 50-60k amount in his name without having phone number, passbook, cheque book or ATM card. 🥹😅

By going branch,
1. Change mobile number
2. withdrawal form
3. Aeps

For remaining it might take time, so didn't mentioned.

 

[deep@vie]

O

By going branch,
1. Change mobile number
2. withdrawal form
3. Aeps

For remaining it might take time, so didn't mentioned.

K. Let's get it happen

 

[deep@vie]

Brother @Predator please don't get disheartened,try to help him in getting a job & let him take his time.
This isn't a solution, this is a trap in itself.

 

[Tejo]

Brother @Predator please don't get disheartened,try to help him in getting a job & let him take his time.
This isn't a solution, this is a trap in itself.

He said he was lazy*

@Predator dont he have dreams ? How he pass out the time without money, dependent on family?