Are you in need of money ? CFL Gold Loan 58 Paisa Per Month
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Know About
Vyapar Mitra Loans
- The loan amount that can be sanctioned under the scheme is 75% of market value (as communicated from Head Office from time to time)
- The rate of interest is 10% flat
- Minimum loan amount is Rs.10000/- and is multiplies of Rs.5000/-
- Maximum loan amount that can be sanctioned under the Scheme is Rs.200000/-
- Period of this loan is 12 months or 24 months. Amount shall be remitted on daily basis.
- Installment with Interest is to be remitted every month(on or before 30th day of loan)
- Premature closing shall be done at 18% interest from the date of sanction, if closed within 60 days.
- If defaulted for more than 60 days it will automatically switch over to normal gold loan scheme @ 21%, 24% and 27% as the period may be.
- In case of default overdue; additional interest @24% shall be collected for the overdue amount.
- Amount can be remitted on daily collection basis, minimum collection should be Rs. 500 or more.
Benefits
Business Loans that we offer you are intended to enable business owners or emerging entrepreneurs to achieve their built aspirations with our services, our core values and disciplined secure schemes.
We have designed business loans keeping you in mind and we understand your business related financial needs better than the lot. We are proud to serve for you as your only reliable solution to your immediate financial emergencies for your business.
Features
75% of market value (as communicated from Head Office from time to time) can be sanctioned as loan amount under the scheme
The rate of interest is 10% flat
Minimum loan amount is Rs.10,000/- and in multiplies of Rs.5,000/-
Maximum loan amount that can be sanctioned under the scheme is Rs.2,00,000/-
Loan can be sanctioned for a period of 12 months or 24 months. Amount shall be remitted on daily basis
Installments with interest is to be remitted every month (on or before 30th day of loan)
Premature closing shall be done at 18% interest from the date of sanction, if closed within 60 days.
If defaulted for more than 60 days it will automatically switch over to normal gold loan scheme at 21%, 24% and 27% as the period may be.
In case of default overdue; additional interest @24% shall be collected for the overdue amount.
Amount can be remitted on daily basis collection. Minimum collection should be Rs. 500 or more.
Eligibility & Documents
- Financials: Income proof of last three months.
- Bank Statements: Bank statement of last six months.
- Employment Proof: Employee ID Card.
- Identity Proof: Passport/ Voters ID/ Driving License/ PAN Card
- Address Proof: Passport/ Driving License/ Ration Card/ Letter from employer (with HR/Admin undersigned)/ Latest mobile bill
How to apply
Send Your Request &
Get Call Back
Fill all the necessary details and Get call from experts.
Today's Gold Rate: ₹5,520.00/gram
