Frequently asked questions
How do I prequalify for a loan?
What are the required documents to obtain a loan?
What is the minimum and maximum amount I can borrow?
How do I repay my loan?
You will issue post-dated cheques on your salary account for the monthly repayments or a
Can I pay down my outstanding loan before the end of the loan tenure?
How do I apply?
What do I do if there is a salary delay and my account is not funded?
Send an e-mail to email@example.com stating the issue and you will receive a feedback.
Can I have multiple loans?
No, you are only allowed to have a single loan at a time. But, you can apply for a top-up on your existing loan provided you have repaid 50% of the principal amount of the existing loan facility.
Can I make part payment of my installment amount before my repayment due date?
How long would it take for my loan to be approved?
Can I make payment to the Company’s account for my cheque not to be presented?
Are there other charges on your loan apart from the interest?
No, however, penal charges apply on late payment and defaults.