Key Features:

• Interest-Only Payment Period: For the first 1 or 2 years, you can pay only the interest, easing your initial cash flow and making EMIs more manageable.
• Pre-payments: During the principal repayment holiday period, you have the option to make prepayments, subject to applicable charges. Once the principal repayment period ends, the standard amortizing Term Loan (TL) will either start at the full sanctioned amount (if no part payments have been made) or at a reduced value in case of prepayments.
• Flexible Tenure Options: Choose from 6 or 7 years to tailor repayments according to individual financial goals.
• High Loan Amounts Without Collateral: Borrow up to ₹40 lakh without the need to pledge any security, with a simplified loan process.
• Competitive Interest Rates: Attractive rates that ensure affordability throughout the loan tenure.
• Quick and Hassle-Free Processing: Minimal documentation and fast approval to meet urgent financial requirements.