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2 questions with no upvoted or accepted answers
2 votes
0 answers
534 views

Can we hand over blank cheques to a bank when applying for any kinda loans?

I applied for a 4 lakh car loan with HDFC Bank, but before they will approve it, they require four blank cheques with my signature. Is it safe to give the bank those cheques?
Ankur Dhariwal's user avatar
1 vote
0 answers
83 views

Why would my pre-approval auto loan be denied, but chance of actual loan approved?

I have an income of roughly ~70k, a little over $50k after taxes. My only debts are housing expenses (rent and utilities) which total around $800 out of >$4000 a month net income. Recently, I was ...
Jeff's user avatar
  • 19