Helping Hand Loans
This loan is designed to help people who have a challenged or bruised credit history but need loan for emergencies, necessities or other personal needs.Approving these loans is purely at the discretion of the company.
| Lending Model | Individual Loan or with Guarantor |
| Loan Amount | Rs. 10,000 to 1,20,000 |
| Tenure | 03 – 12 months |
| Repayment Frequency | Monthly/Fortnightly/Weekly |
| Rate of Interest (Fixed interest Method) | 18% p.a to 30% p.a |
| Processing Fee | Flat 2.36% (incl 18% GST) |
Eligibility
The borrower should be an Indian resident and citizen with age between 21 to 60
If the borrower has a very bad credit history, then loan may be approved based on the eligibility of a guarantor.
The borrower should not have any outstanding loans from any other lender
Loan repayment obligation of borrower should not exceed 50% of monthly household income
Loan is given to a borrower having annual household Income uptoRs 3,00,000/-.
All the loans are mandatorily to be verified by Credit bureau before disbursement.
Terms & Conditions
Processing fee charged at the time of disbursement, will be reduced from loan amount
Minimum Loan period is 3 months, before which repayment cannot be made.
After 3 Months, prepayment of loan is allowed without penalty
Loan is without collateral.
FAQ
What Legal papers needed for opening insurance policy?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
How EFT is used for your premium payment method?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
What is the age limit for elderly care policy?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
How to claim a policy amount from you?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family