Secured Loans

Interest Rate: Starting from 8.5% per annum Processing Fee: Up to 1.5% of the loan amount Prepayment Charges: 2% on outstanding principal Late Payment Fee: ₹500 per month Loan Tenure: 1 to 15 years Loan Amount: ₹1,00,000 to ₹5,00,00,000

Visit our website or nearest branch to begin your application. Fill in the online application form with your personal and financial details. Upload the required documents including ID proof, address proof, and collateral documents. Our representative will verify your documents and assess the collateral value. Upon approval, the loan amount will be disbursed directly to your bank account.

Q: What is a Secured Loan? A: A secured loan is a loan that requires the borrower to pledge an asset as collateral to obtain the funds. Q: What can be used as collateral? A: Property, gold, fixed deposits, or other approved financial assets can be used as collateral. Q: How long does the approval process take? A: Loan approval typically takes 3 to 7 working days after document verification. Q: Can I prepay my secured loan? A: Yes, prepayment is allowed with a nominal prepayment charge of 2% on the outstanding principal. Q: What happens if I default on the loan? A: In case of default, the lender has the right to seize and liquidate the pledged collateral to recover the outstanding amount.