Chaitanya India Fin Credit Private Limited obtained its Non-Banking Financial Company licence from the Reserve Bank of India in October 2009. Prior to this, Chaitanya carried out its microfinance operations as an NGO. The credit solutions offered by the lender are aimed at promoting economic development and self-sufficiency.
The lender’s mission is to provide financial services to low-income families in order to help them meet their financial requirements. As part of its credit solutions, the lender offers Small Business Loans and Livestock Loans, Joint Liability Group (JLG) loans, etc. Let us look at some of the key features and particulars of these loans.
Listed below are a few products that are offered by Chaitanya India Fin Credit:
To avail a loan from Chaitanya India Fin Credit, you will need to submit certain documents to the lender. The documentation required will vary based on the type of loan scheme that you apply for. Listed below are a few general documents that you can expect the lender to request for at the time of applying for a loan:
In addition to the interest rate, lenders usually levy certain fees and charges when you take a loan. Certain general charges that may be levied by Chaitanya India Fin Credit on its loan products are as follows:
A few reasons why you should opt for Chaitanya India Fin Credit if you are looking for a loan are as follows:
Regardless of whether you require funds to meet your business requirements, purchase cattle, or purchase machinery, Chaitanya India Fin Credit offers customisable loan solutions that can help you avail funds for your credit requirements. Make sure to check the features and benefits of the loans offered by the lender and apply for a loan that you require.
If you have any queries or require assistance, you can contact the lender’s toll-free number (1800-425-6643) or send an email to email@example.com.
This will vary based on the lender’s terms and conditions. Certain lenders will allow repayments but will charge a penalty for the same.
The processing fee is a certain amount that is deducted by the lender from the loan amount that is disbursed. This deduction will happen only once, usually when the loan amount is disbursed. Thus, if you avail a loan of Rs.50,000 and the lender charges a 1% processing fee, you can expect to pay around Rs.500 as the processing fee.
No, you should make repayments according to the repayment schedule provided by the lender. Delays in making repayments can attract a penalty.
You can contact the lender through the channels mentioned on the official website of Chaitanya India Fin Credit if you wish to apply for a loan. You can also visit the lender’s office for more information about the loan or if you wish to apply for the loan.
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