CreditMantri Finserve Private Limited
CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, 2nd Floor, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
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The Covid-19 pandemic saw various relief measures being approved by the RBI to ease the financial burdens of individual borrowers. These measures were then implemented by banks and other financial institutions to reach each and every eligible borrower.
5 days agoRead MoreLoan settlement is often mistaken as loan closure. But they are not the same. Loan closure is when you pay off all your EMIs on time and complete repayments as scheduled. In this case, the lender closes your loan account on payment of the final EMI and issues a NOC (No Objection Certificate).
1 week agoRead MoreMoratorium period and grace period are two terms that are often confused to be the same. These two terms, however, have many key differences.
4 weeks agoRead MoreIn recent years, factors such as, fast-changing lifestyles and freely available credit have induced many individuals into borrowing large sums of money that may be beyond their capacity to repay.
4 weeks agoRead MoreMicroloans are a short-term loan, generally with a smaller loan amount that can be availed by startups, micro enterprises, self-employed individuals and small business owners with low capital requirements.
1 month agoRead MoreAs consumers, we take different types of loans at different stages in life and for different needs. Whether it is a mortgage loan for buying a home, an auto loan for buying a vehicle, or a personal loan, most loans have two aspects in common
2 months agoRead MoreThe government of India recently extended the Emergency Credit Line Guarantee Scheme (ECLGS) for Micro Small and Medium Enterprises (MSMEs) by one month until 30th November. This extension was announced by the Union Finance Minister via a series of tweets posted on Twitter.
2 months agoRead MoreWhen a borrower fails to pay loan EMIs on time, as per the loan agreement, he is termed as a loan defaulter. Being a loan defaulter doesn’t get you labelled as a criminal. And it certainly doesn’t take away your rights to be treated fairly and with respect.
3 months agoRead MoreIn a significant relief to borrowers, the Finance Ministry recently announced the waiver of interest on interest for small loans up to Rs. 2 crores. The Supreme Court on 14th October approved the scheme and instructed the central government to implement the scheme as early as possible.
3 months agoRead MoreIn a massive relief to individual and MSME borrowers, the Union Government has announced a waiver of the compound interest incurred by loans during the moratorium period from March to August.
3 months agoRead MoreThe ongoing COVID pandemic has resulted in a financial crunch across the globe. While we may hope for it to be over, it will continue to have a negative impact on our finances, as millions of individuals are struggling with reduced salaries and a large number of people are rendered jobless.
3 months agoRead MoreThe State Bank of India (SBI) recently launched an exclusive online portal for retail borrowers to restructure their ongoing loans. It aims to provide additional relief to borrowers during these trying times. This is as a result of the financial impact resulting from the novel coronavirus pandemic.
3 months agoRead MoreThe Coronavirus pandemic has caused major financial distress among borrowers. In such extraordinary times, banks such as ICICI Bank continue to stand by their customers and offer help to those impacted by this pandemic.
3 months agoRead MoreThe COVID pandemic has affected the lives of people in more ways than one. As part of the relief measures for borrowers, RBI announced a loan restructuring scheme on August 6, 2020. The primary objective of the central bank is to ease the financial stress due to the COVID -19 pandemic.
3 months agoRead MoreInflation is ever increasing and this affects an individual’s capability to accumulate savings. As prices of necessities continue to rise, we spend more with every passing day. Transport, education, daily essentials etc. are all getting pricey as compared to a few years ago.
4 months agoRead MoreSocieties tend to carry myths like differently-abled individuals are incapable of working and therefore employers also sometimes overlook them. Starting a business venture is one of the healthy alternatives for them.
4 months agoRead MoreAgricultural loans are provided to farmers, sharecroppers, joint cultivation units, self-help groups and others engaged in agriculture and other activities related to agriculture. Agriculture loans can be either secured or unsecured, depending on the loan type and lending institution.
4 months agoRead MoreIndia is considered to be one of the top breeding grounds for start-ups. Today, it ranks number three in the world in the start-up business category. With immense entrepreneurial capability and passion for business, Indians are entering the start-up genre like never before.
5 months agoRead MoreEducation loans allow easy access to higher education without disturbing your finances. An education loan is generally taken by students (or parents) to meet expenses such as tuition fees, hostel expenses, and other related costs while pursuing a higher educational course.
5 months agoRead MoreAgricultural loans are offered to farmers and can be used for various purposes such as purchasing land, tools and equipment, machinery, seeds, investing in farm maintenance, crop insurance, etc. Farming is a seasonal activity and farmers require financial support to help them sail through periods of no activity.
5 months agoRead MoreWe Indians have always loved two-wheelers - be it for commutes, racing, long drives or just for recreation. Sales of bikes have always been strong as compared to other vehicle segments.
5 months agoRead MoreGet loans starting from 11.25% interest rate
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