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Maximum Limit on Unsecured Loans and Advances Page 1 of 2Department/Board : RBI SBD Circular No. SBD. BPD. (PCB) Dir. No. 1/13.05.000/201011 Date : 15.11.2010 The Chief Executive Officers of All
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The maximum limit on unsecured refers to the highest amount of funds borrowed without collateral.
Any individual or entity that has borrowed funds without providing collateral may be required to report the maximum limit on unsecured.
The maximum limit on unsecured can typically be filled out by providing the total amount of unsecured funds borrowed.
The purpose of reporting the maximum limit on unsecured is to provide transparency and information about an individual or entity's financial obligations.
The information reported on maximum limit on unsecured may include the total amount of unsecured debt outstanding.
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