Overview: In this post, let us take a look at a conversation between bank manager and customer who is requesting a car loan. In this dialogue between customer and bank manager, the customer visits the bank and asks some loan-related questions. Let us now see how the conversation between bank manager and customer goes on!
Conversation between bank manager and customer
Customer: Hello, I need to take a car loan. Does this bank provide car loans for its customers?
Bank Manager: Yes sir. Absolutely. We will be pleased to provide you with a car loan. Please come with me.
Customer: Sure. But first I have some questions related to the loan.
Bank Manager: Yes sir. I am happy to answer your questions. Please ask.
Customer: I want to know what is the loan eligibility?
Bank Manager: A car loan is provided only to those who are of a minimum of 21 years of age and not below that, then their net annual salary should not be below that of Rs.2,40,000 p.a. and they must have a minimum of one year of continuous employment.
Customer: Alright, that seems fair. And what documents will be required to avail the car loan from my side?
Bank Manager: I will need your income proof, the latest bank statement of three months or Salary slips, and your Identity proof which will include a PAN card, driving license, or Passport.
Customer: Yes, I have brought all these documents.
Bank Manager: Amazing. Sir, may I know the amount of loan you require?
Customer: I need a car loan of Rs.5,00,000.
Bank Manager: Alright. And may I know your profession and the amount you earn?
Customer: I am a college professor by profession and I earn Rs.8,40,000 p.a.
Bank Manager: Perfect. So you are eligible for a car loan of Rs.5,00,000 for 3 years of tenure with an ROI of 6.5%.
Customer: Okay that’s fine. May I know when will my loan be approved?
Bank Manager: You will receive an email by today evening.
Customer: Alright. Thank you so much.
Bank Manager: You’re welcome, sir.
‘Tenure‘ – The word ‘tenure’ means ‘time period’.
‘ROI’ – The term ROI stands for ‘Rate Of Interest’.