All these identities are verified before accepting the loan request.
1. The age of the applicant should not be more than 55 years as on date of application.
2. Presently residents of Kolkata, New Delhi and Mumbai cities are only provided personal loans.
3. It takes one week to process the loan application.
4. SCFPL reserves the right to approve / disapprove the loan after the submission of documents.
5. The processing fee and documentation charges are advised clearly in the sanction letter along with interest rate and EMI schedule. There are no hidden charges.
6. We follow the latest RBI guidelines applicable to NBFC companies in the entire loan process.
7. The applicant must have a bank account. The loan amount is based on the eligibility of the applicant. The maximum period of loan is two years.
8. The personal loan can be repaid by local cheques, ECS or by way of salary deduction.