Experience a reimagined approach to financial services, built on simplicity, speed, and transparency. Our lending process is designed to provide seamless support, ensuring your financial needs are met with ease.
Why Our Lending Shines
Our lending process blends cutting-edge technology with a community-first ethos, ensuring accessibility, flexibility, and unwavering support for every individual and family we serve
Key Features
Online loan requests
Online application to make the loan process simple and efficient, starting with easy online request generation.
Doorstep processing and quick disbursement
Enjoy doorstep service with speedy processing and quick disbursement of your loan.
Hassle-free loan experience
Narrate your need, state your repayment capacity, allow us to check your background, and your loan is ready.
Flexible repayment
Our repayment policies are designed to suit your cash flow, keeping your commitments stress-free.
Weekly for businesses, Monthly for salaried
Businessmen, transport operators, and dairy farmers can repay weekly, while salaried individuals can follow convenient monthly schedules.
Top-up after 75% repayment
Avail a top-up facility once 75% of your loan has been repaid as per schedule.
Facilities for Growing Enterprises
Successful enterprises benefit from enhanced facilities to further support their growth.
Digital Repayment Process
Experience a fully digital repayment process that ensures convenience and reliability.
SMS Reminders
Receive timely prompts and reminders through messages for all important dates.
Transparent Process Management
Rely on a transparent system that manages the entire loan process with clarity and trust.
Loan Details
Interest Rates
Interest is charged on a daily reducing rate, determined by the purpose of the loan, credit history, repayment capacity, and security.
Term
Medium term ranging from one year to three years.
Processing Fee
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No pre-processing fee on the expected loan amount to generate application.
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After preliminary sanction a processing fee of 1.25% of the sanctioned loan amount to be paid.
Registration Charges
Any charge with regard to obtaining the documents required for registration of security documents, registration fee and stamp duty to be paid.
Insurance
Borrower and co-borrower to be insured on yearly basis for their outstanding liabilities with the company as credit shield. However, this may be waived if the borrower is able to create charge on existing insurance policy for both borrower and co-borrower for a sum equivalent to the amount borrowed or more.
Security
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Hypothecation of the assets to be created of the loan.
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In case of moveable assets creation of charge on the asset.
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Collateral security of land or building valued at sum equivalent to the loan.
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Co-obligant with acceptable to the company.
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Cheques on demand.
Credit Score
A good credit score will be considered. However, the lending decision will also be based on capability, repayment capacity, the activity, and security.
Age Limit
Normally between 18-65 years. Provided sufficient collateral is available and activity warranting the loan, relaxation can be considered in this regard.