FAQ Sections

General Questions

FAQ Questions and Answers

Buying Process

Transaction Questions

Selling Process

Rate and Fees

Financing & Mortgages

International Transfers

Legal Requirements

Account and Support

Frequently Asked Questions

General Questions

What is an online currency exchange?
It’s a digital platform that allows you to convert one currency to another, such as USD to CAD, EUR to AED, or TRY to IRR, without going to a physical exchange office.
You choose the currency pair, enter the amount, and pay using your preferred method (bank transfer, e-transfer, credit card, etc.). Then the exchanged currency is sent to your recipient or account.
Yes, reputable platforms use encryption, two-factor authentication, and are compliant with anti-money laundering (AML) regulations to keep your funds and data secure.

FAQ Questions and Answers

Post Office Exam Application is an online app that helps students prepare for various Post Office exams like GDS (Gramin Dak Sevak), Postman, MTS (Multi-Tasking Staff), and others. In this app, users can practice different types of questions and improve their preparation by solving mock tests and quizzes. It is made to support candidates in learning and practicing easily from their mobile or computer.
Yes, the Post Office Exam Application offers a free plan that you can start using right away. With the free plan, you can access basic features and start your exam preparation. If you want full access to all features like full mock tests, detailed solutions, and more practice sets, you can upgrade to a paid plan which starts at just ₹199 per month.
To take a mock test, simply sign in to the Post Office Exam Application using your account. After logging in, select the exam or subject you want to practice. Then, click on the “Start Test” button to begin your mock test. It’s quick and easy to get started with your preparation.
Yes, the tests in the Post Office Exam Application are designed to look and feel like the actual Post Office exams. The format, question style, and timing are kept similar so that you can get comfortable with the real exam pattern. This helps you feel more confident and prepared on the exam day.
Yes, you can choose to practice only one subject such as General Knowledge, Vocabulary, or any other subject you prefer. The app gives you the option to focus on a single subject or take the full mock test covering all subjects together, based on your choice.
Yes, after completing each test, you will see your marks, the time you took, and a summary of your mistakes. This helps you understand your performance and improve better.
Yes, the app is available in multiple languages including Hindi, Marathi, English, and more. You can choose your preferred language to make learning easier.
Yes, you can use the Post Office Exam Application on your mobile phone, tablet, or computer. You can study anytime and anywhere as per your convenience.
Yes, your personal data is kept private and secure. For payments, the app uses safe methods like UPI and trusted payment gateways to ensure your information is protected.
If you face any problem while using the app, you can contact our support team through email or phone. We are always ready to help you with any issue.
Yes, you can track your progress easily in the app. It shows how much syllabus or practice you have completed and how much is left, so you can plan your preparation better.
Yes, it is possible. <br /> <b>Example: </b><br /> You buy the <b> Smart Plan for ₹199 </b> on <b>1st April</b>. It works for 1 month (till 30th April).<br /> On <b>15th April</b>, you want to upgrade to the <b>Achiever Plan for ₹549</b> (for 3 months).<br /> You don’t need to pay the full ₹549 again. We will adjust the unused amount from your current plan. <br /> <ul style="list-style-type: disc; padding-left: 20px;"> <li>Smart Plan is ₹199 for 30 days → ₹6.63 per day </li> <li>You used it for 15 days → ₹6.63 x 15 = ₹99 used</li> <li>₹199 - ₹99 = ₹100 balance left</li> </ul> <br /> Now: <ul style="list-style-type: disc; padding-left: 20px;"> <li>₹549 (Achiever Plan) – ₹99 = ₹<b>450 to pay</b></li> </ul> <b>Your new plan will start from the day you upgrade — 15th April to 15th July.</b>

Buying Process

To start, create an account on Broko and explore our property listings. You can filter by location, property type, price range, and more. Once you find a property you’re interested in, you can contact the seller directly or connect with a Broko agent to assist you further.
The documents required vary by location and property type but typically include proof of income, identification, a pre-approval letter for a mortgage (if applicable), and other financial documents. Working with a real estate agent or legal advisor can help ensure you have all necessary documents.
In addition to the property price, consider costs such as legal fees, property taxes, inspection fees, mortgage fees, and possible homeowners' association fees. Closing costs generally range from 2-5% of the property price.
Yes, most property prices are negotiable. You can submit an offer below the asking price, but the seller may choose to accept, decline, or counter your offer. An experienced real estate agent can assist with negotiations to help you get the best possible price.
A home inspection is a professional evaluation of the property's condition. It helps identify any potential issues before purchasing, such as structural problems or repair needs. While not mandatory, it is highly recommended to avoid unexpected expenses after purchase.
The buying process can take anywhere from a few weeks to several months, depending on factors like financing, inspections, and negotiations. On average, it takes around 30-60 days from making an offer to closing the purchase.
While it's not required to have a real estate agent, having one can help guide you through the buying process, handle negotiations, and manage paperwork. Broko provides tools to connect you with local agents if you choose to work with one.
Most buyers use a mortgage to finance their property purchase. You’ll need to apply for a loan from a bank or lender and usually make a down payment. Broko offers resources to help you connect with lenders and secure financing options that work for you.

Transaction Questions

It depends on the platform. Most services allow a minimum of $10–$100 and a maximum up to $10,000+ per transaction. Contact support for large transactions.
Most transactions are processed within minutes to a few hours. Bank transfers may take 1–2 business days depending on the country.
We accept bank transfers, e-transfers, Apple Pay, Google Pay, and in some regions, credit cards or local payment apps.

Selling Process

To list your property on Broko, create an account and go to the 'Sell Property' section. Follow the steps to upload photos, write a description, set a price, and provide other key details about your property. Once submitted, your listing will be reviewed and published for potential buyers to view.
When listing your property, you’ll need to provide details like property type, location, square footage, number of bedrooms and bathrooms, amenities, and photos. A clear, accurate description helps attract the right buyers and speeds up the selling process.
Pricing your property competitively is key to attracting buyers. Consider getting a professional appraisal or researching similar properties in your area. Broko offers tools and market data insights that can help you set a competitive and realistic price.
Selling a property may involve costs such as legal fees, agent commissions (if applicable), staging costs, and repairs or improvements. In addition, some sellers may need to pay closing costs, which vary by location.
Once your property is listed, you’ll receive inquiries from potential buyers. You can communicate with them through Broko's messaging system to answer questions and schedule viewings. Be responsive and transparent to increase buyer interest.
You can sell your property on Broko with or without an agent. While an agent can assist with pricing, marketing, and negotiations, it's also possible to handle the sale independently using Broko's platform. We provide tools to help streamline the process if you decide to sell on your own.
The time to sell a property can vary based on market conditions, property type, location, and pricing. On average, it may take a few weeks to several months. Proper marketing, competitive pricing, and well-staged listings can help shorten this timeframe.
Preparing your property involves cleaning, decluttering, and making any necessary repairs or improvements. Consider staging the space to make it look more appealing to buyers. High-quality photos and a clear description can also make a significant impact on your listing.
Yes, Broko allows sellers to negotiate directly with buyers or work through their agent. Once a buyer makes an offer, you can accept, reject, or counter it. Open communication and responsiveness can help facilitate a successful negotiation.
After accepting an offer, you’ll work through the closing process, which involves signing the purchase agreement, finalizing any conditions, and handling necessary paperwork. A lawyer or agent can help guide you through closing, ensuring a smooth transaction.

Rate and Fees

We charge a small service fee included in the exchange rate. All fees will be shown before you confirm the transaction.
Our rates are based on real-time interbank exchange rates plus a small margin to cover service and operational costs.
Yes, once you initiate a transaction, the rate is locked for a limited time (usually 15–30 minutes) to protect you from fluctuations.

Financing & Mortgages

A mortgage is a loan from a bank or lender to help finance the purchase of a property. You make a down payment, and the lender provides the rest of the funds needed to buy the home. You then repay the loan, plus interest, over a set period (usually 15-30 years)."
Common mortgage types include fixed-rate mortgages, adjustable-rate mortgages (ARMs), and government-backed loans like FHA, VA, or CMHC (Canada Mortgage and Housing Corporation) loans. Each has its own terms and benefits, so it’s essential to choose one that fits your financial situation.
The required down payment varies but is typically between 5-20% of the property’s price. For first-time homebuyers, some programs may offer lower down payment options. A higher down payment can reduce your monthly mortgage payments and interest costs.
Mortgage interest rates are the percentage of the loan amount you’ll pay in interest to the lender. Lower rates mean lower monthly payments and less interest over the life of the loan. Rates can vary based on economic conditions and your credit score.
To qualify, lenders generally look at your credit score, income, employment history, and debt-to-income ratio. A higher credit score and steady income improve your chances of approval. Pre-approval from a lender can help you understand your budget before you start house hunting.
Mortgage pre-approval is an initial evaluation by a lender to determine the amount they’re willing to lend you. It gives you a clear budget and shows sellers that you’re a serious buyer. Getting pre-approved before house hunting can make the buying process smoother.
It may be more challenging, but some lenders offer mortgage options for buyers with lower credit scores. Expect potentially higher interest rates and a larger down payment requirement. Working to improve your credit score before applying can help you secure better terms.
Closing costs are fees associated with finalizing the purchase of a property, typically around 2-5% of the property price. These may include legal fees, property taxes, appraisal fees, and lender fees. Understanding these costs can help you budget accordingly.
Mortgage insurance is required if you make a down payment of less than 20% in most cases. It protects the lender in case you default on the loan. For Canada, CMHC insurance is common for lower down payments. This cost is typically added to your monthly mortgage payment.
Options include making a larger down payment, choosing a longer loan term, or finding a lower interest rate by shopping around. Refinancing your mortgage down the line may also help reduce payments if interest rates decrease.

International Transfers

Yes! You can convert your currency and send it directly to bank accounts or wallets in supported countries.
We support Canada, UAE, USA, Turkey, Iran, and countries in Europe. Please check the list on our website for updates.
Yes, we support both personal and business transfers. Contact us for high-volume or recurring exchange needs.

Legal Requirements

To buy a property in Canada, you’ll typically need identification, a mortgage pre-approval letter (if financing), proof of income, recent bank statements, and tax documents. Additionally, a purchase agreement, property title, and insurance documents will be required during the closing process.
Yes, it’s highly recommended to have a real estate lawyer to guide you through the legal aspects of the transaction. They ensure all paperwork is accurate, conduct title searches, manage the transfer of funds, and help resolve any legal issues that may arise.
A property title is a legal document that outlines ownership of the property. It is essential because it confirms that the seller has the legal right to sell the property and that there are no legal claims (like liens) against it. Your lawyer can perform a title search to verify its status.
Property taxes are annual taxes paid by property owners to the local government. They are typically based on the property’s value and used to fund public services. As a buyer, you may be responsible for paying a portion of the property taxes at closing, depending on when the previous owner paid them.
A land transfer tax is a fee paid to the province or territory when property ownership is transferred. In most provinces, the buyer is responsible for paying it at closing. The amount varies depending on the property’s price and location.
Foreign buyers are allowed to purchase property in Canada, but some provinces have specific restrictions or taxes for non-resident buyers. It’s important to consult a local real estate lawyer to understand the requirements and any additional costs for foreign ownership.
Freehold ownership means you own both the building and the land, while leasehold ownership means you only own the building but lease the land from another party. Most residential properties in Canada are freehold, but some properties (like certain condos) may be leasehold.
Yes, property insurance is typically required by lenders to protect their investment in the property. Insurance covers potential damages from natural disasters, fire, theft, and other risks. It’s a good idea to have coverage in place before closing on the property.
If issues arise post-purchase, your options depend on the nature of the problem and any warranties or guarantees included in the sale. For hidden defects, you may be able to pursue legal action if it’s proven that the seller knowingly concealed information. Consulting your lawyer can help resolve such matters.
The closing date is the agreed-upon day when the property ownership is legally transferred from the seller to the buyer. It can be adjusted if both parties agree, but changes may affect costs or timelines. Your lawyer or real estate agent can help coordinate any changes to the closing date.

Account and Support

Yes, for security and compliance reasons, all users must create an account and verify their identity.
A government-issued ID and proof of address (such as a utility bill or bank statement).
Contact our support team immediately. We’ll try our best to reverse or correct the issue if the funds have not yet been processed.

Frequently Asked Questions

FAQ Sections

General Questions

What is an online currency exchange?
It’s a digital platform that allows you to convert one currency to another, such as USD to CAD, EUR to AED, or TRY to IRR, without going to a physical exchange office.
You choose the currency pair, enter the amount, and pay using your preferred method (bank transfer, e-transfer, credit card, etc.). Then the exchanged currency is sent to your recipient or account.
Yes, reputable platforms use encryption, two-factor authentication, and are compliant with anti-money laundering (AML) regulations to keep your funds and data secure.
Post Office Exam Application is an online app that helps students prepare for various Post Office exams like GDS (Gramin Dak Sevak), Postman, MTS (Multi-Tasking Staff), and others. In this app, users can practice different types of questions and improve their preparation by solving mock tests and quizzes. It is made to support candidates in learning and practicing easily from their mobile or computer.
Yes, the Post Office Exam Application offers a free plan that you can start using right away. With the free plan, you can access basic features and start your exam preparation. If you want full access to all features like full mock tests, detailed solutions, and more practice sets, you can upgrade to a paid plan which starts at just ₹199 per month.
To take a mock test, simply sign in to the Post Office Exam Application using your account. After logging in, select the exam or subject you want to practice. Then, click on the “Start Test” button to begin your mock test. It’s quick and easy to get started with your preparation.
Yes, the tests in the Post Office Exam Application are designed to look and feel like the actual Post Office exams. The format, question style, and timing are kept similar so that you can get comfortable with the real exam pattern. This helps you feel more confident and prepared on the exam day.
Yes, you can choose to practice only one subject such as General Knowledge, Vocabulary, or any other subject you prefer. The app gives you the option to focus on a single subject or take the full mock test covering all subjects together, based on your choice.
Yes, after completing each test, you will see your marks, the time you took, and a summary of your mistakes. This helps you understand your performance and improve better.
Yes, the app is available in multiple languages including Hindi, Marathi, English, and more. You can choose your preferred language to make learning easier.
Yes, you can use the Post Office Exam Application on your mobile phone, tablet, or computer. You can study anytime and anywhere as per your convenience.
Yes, your personal data is kept private and secure. For payments, the app uses safe methods like UPI and trusted payment gateways to ensure your information is protected.
If you face any problem while using the app, you can contact our support team through email or phone. We are always ready to help you with any issue.
Yes, you can track your progress easily in the app. It shows how much syllabus or practice you have completed and how much is left, so you can plan your preparation better.
Yes, it is possible. <br /> <b>Example: </b><br /> You buy the <b> Smart Plan for ₹199 </b> on <b>1st April</b>. It works for 1 month (till 30th April).<br /> On <b>15th April</b>, you want to upgrade to the <b>Achiever Plan for ₹549</b> (for 3 months).<br /> You don’t need to pay the full ₹549 again. We will adjust the unused amount from your current plan. <br /> <ul style="list-style-type: disc; padding-left: 20px;"> <li>Smart Plan is ₹199 for 30 days → ₹6.63 per day </li> <li>You used it for 15 days → ₹6.63 x 15 = ₹99 used</li> <li>₹199 - ₹99 = ₹100 balance left</li> </ul> <br /> Now: <ul style="list-style-type: disc; padding-left: 20px;"> <li>₹549 (Achiever Plan) – ₹99 = ₹<b>450 to pay</b></li> </ul> <b>Your new plan will start from the day you upgrade — 15th April to 15th July.</b>
To start, create an account on Broko and explore our property listings. You can filter by location, property type, price range, and more. Once you find a property you’re interested in, you can contact the seller directly or connect with a Broko agent to assist you further.
The documents required vary by location and property type but typically include proof of income, identification, a pre-approval letter for a mortgage (if applicable), and other financial documents. Working with a real estate agent or legal advisor can help ensure you have all necessary documents.
In addition to the property price, consider costs such as legal fees, property taxes, inspection fees, mortgage fees, and possible homeowners' association fees. Closing costs generally range from 2-5% of the property price.
Yes, most property prices are negotiable. You can submit an offer below the asking price, but the seller may choose to accept, decline, or counter your offer. An experienced real estate agent can assist with negotiations to help you get the best possible price.
A home inspection is a professional evaluation of the property's condition. It helps identify any potential issues before purchasing, such as structural problems or repair needs. While not mandatory, it is highly recommended to avoid unexpected expenses after purchase.
The buying process can take anywhere from a few weeks to several months, depending on factors like financing, inspections, and negotiations. On average, it takes around 30-60 days from making an offer to closing the purchase.
While it's not required to have a real estate agent, having one can help guide you through the buying process, handle negotiations, and manage paperwork. Broko provides tools to connect you with local agents if you choose to work with one.
Most buyers use a mortgage to finance their property purchase. You’ll need to apply for a loan from a bank or lender and usually make a down payment. Broko offers resources to help you connect with lenders and secure financing options that work for you.
It depends on the platform. Most services allow a minimum of $10–$100 and a maximum up to $10,000+ per transaction. Contact support for large transactions.
Most transactions are processed within minutes to a few hours. Bank transfers may take 1–2 business days depending on the country.
We accept bank transfers, e-transfers, Apple Pay, Google Pay, and in some regions, credit cards or local payment apps.
To list your property on Broko, create an account and go to the 'Sell Property' section. Follow the steps to upload photos, write a description, set a price, and provide other key details about your property. Once submitted, your listing will be reviewed and published for potential buyers to view.
When listing your property, you’ll need to provide details like property type, location, square footage, number of bedrooms and bathrooms, amenities, and photos. A clear, accurate description helps attract the right buyers and speeds up the selling process.
Pricing your property competitively is key to attracting buyers. Consider getting a professional appraisal or researching similar properties in your area. Broko offers tools and market data insights that can help you set a competitive and realistic price.
Selling a property may involve costs such as legal fees, agent commissions (if applicable), staging costs, and repairs or improvements. In addition, some sellers may need to pay closing costs, which vary by location.
Once your property is listed, you’ll receive inquiries from potential buyers. You can communicate with them through Broko's messaging system to answer questions and schedule viewings. Be responsive and transparent to increase buyer interest.
You can sell your property on Broko with or without an agent. While an agent can assist with pricing, marketing, and negotiations, it's also possible to handle the sale independently using Broko's platform. We provide tools to help streamline the process if you decide to sell on your own.
The time to sell a property can vary based on market conditions, property type, location, and pricing. On average, it may take a few weeks to several months. Proper marketing, competitive pricing, and well-staged listings can help shorten this timeframe.
Preparing your property involves cleaning, decluttering, and making any necessary repairs or improvements. Consider staging the space to make it look more appealing to buyers. High-quality photos and a clear description can also make a significant impact on your listing.
Yes, Broko allows sellers to negotiate directly with buyers or work through their agent. Once a buyer makes an offer, you can accept, reject, or counter it. Open communication and responsiveness can help facilitate a successful negotiation.
After accepting an offer, you’ll work through the closing process, which involves signing the purchase agreement, finalizing any conditions, and handling necessary paperwork. A lawyer or agent can help guide you through closing, ensuring a smooth transaction.
We charge a small service fee included in the exchange rate. All fees will be shown before you confirm the transaction.
Our rates are based on real-time interbank exchange rates plus a small margin to cover service and operational costs.
Yes, once you initiate a transaction, the rate is locked for a limited time (usually 15–30 minutes) to protect you from fluctuations.
A mortgage is a loan from a bank or lender to help finance the purchase of a property. You make a down payment, and the lender provides the rest of the funds needed to buy the home. You then repay the loan, plus interest, over a set period (usually 15-30 years)."
Common mortgage types include fixed-rate mortgages, adjustable-rate mortgages (ARMs), and government-backed loans like FHA, VA, or CMHC (Canada Mortgage and Housing Corporation) loans. Each has its own terms and benefits, so it’s essential to choose one that fits your financial situation.
The required down payment varies but is typically between 5-20% of the property’s price. For first-time homebuyers, some programs may offer lower down payment options. A higher down payment can reduce your monthly mortgage payments and interest costs.
Mortgage interest rates are the percentage of the loan amount you’ll pay in interest to the lender. Lower rates mean lower monthly payments and less interest over the life of the loan. Rates can vary based on economic conditions and your credit score.
To qualify, lenders generally look at your credit score, income, employment history, and debt-to-income ratio. A higher credit score and steady income improve your chances of approval. Pre-approval from a lender can help you understand your budget before you start house hunting.
Mortgage pre-approval is an initial evaluation by a lender to determine the amount they’re willing to lend you. It gives you a clear budget and shows sellers that you’re a serious buyer. Getting pre-approved before house hunting can make the buying process smoother.
It may be more challenging, but some lenders offer mortgage options for buyers with lower credit scores. Expect potentially higher interest rates and a larger down payment requirement. Working to improve your credit score before applying can help you secure better terms.
Closing costs are fees associated with finalizing the purchase of a property, typically around 2-5% of the property price. These may include legal fees, property taxes, appraisal fees, and lender fees. Understanding these costs can help you budget accordingly.
Mortgage insurance is required if you make a down payment of less than 20% in most cases. It protects the lender in case you default on the loan. For Canada, CMHC insurance is common for lower down payments. This cost is typically added to your monthly mortgage payment.
Options include making a larger down payment, choosing a longer loan term, or finding a lower interest rate by shopping around. Refinancing your mortgage down the line may also help reduce payments if interest rates decrease.
Yes! You can convert your currency and send it directly to bank accounts or wallets in supported countries.
We support Canada, UAE, USA, Turkey, Iran, and countries in Europe. Please check the list on our website for updates.
Yes, we support both personal and business transfers. Contact us for high-volume or recurring exchange needs.
To buy a property in Canada, you’ll typically need identification, a mortgage pre-approval letter (if financing), proof of income, recent bank statements, and tax documents. Additionally, a purchase agreement, property title, and insurance documents will be required during the closing process.
Yes, it’s highly recommended to have a real estate lawyer to guide you through the legal aspects of the transaction. They ensure all paperwork is accurate, conduct title searches, manage the transfer of funds, and help resolve any legal issues that may arise.
A property title is a legal document that outlines ownership of the property. It is essential because it confirms that the seller has the legal right to sell the property and that there are no legal claims (like liens) against it. Your lawyer can perform a title search to verify its status.
Property taxes are annual taxes paid by property owners to the local government. They are typically based on the property’s value and used to fund public services. As a buyer, you may be responsible for paying a portion of the property taxes at closing, depending on when the previous owner paid them.
A land transfer tax is a fee paid to the province or territory when property ownership is transferred. In most provinces, the buyer is responsible for paying it at closing. The amount varies depending on the property’s price and location.
Foreign buyers are allowed to purchase property in Canada, but some provinces have specific restrictions or taxes for non-resident buyers. It’s important to consult a local real estate lawyer to understand the requirements and any additional costs for foreign ownership.
Freehold ownership means you own both the building and the land, while leasehold ownership means you only own the building but lease the land from another party. Most residential properties in Canada are freehold, but some properties (like certain condos) may be leasehold.
Yes, property insurance is typically required by lenders to protect their investment in the property. Insurance covers potential damages from natural disasters, fire, theft, and other risks. It’s a good idea to have coverage in place before closing on the property.
If issues arise post-purchase, your options depend on the nature of the problem and any warranties or guarantees included in the sale. For hidden defects, you may be able to pursue legal action if it’s proven that the seller knowingly concealed information. Consulting your lawyer can help resolve such matters.
The closing date is the agreed-upon day when the property ownership is legally transferred from the seller to the buyer. It can be adjusted if both parties agree, but changes may affect costs or timelines. Your lawyer or real estate agent can help coordinate any changes to the closing date.
Yes, for security and compliance reasons, all users must create an account and verify their identity.
A government-issued ID and proof of address (such as a utility bill or bank statement).
Contact our support team immediately. We’ll try our best to reverse or correct the issue if the funds have not yet been processed.