Products

Secured Buisness Loan

A Secured business loan is a type of financing in which a business borrows money with collateral provided to the lender as a form of security. Collateral is typically an asset or assets owned by the business or the business owner that have tangible value, such as real estate.

MSME Loans

MSME loans, tailored for Micro, Small, and Medium Enterprises, offer financial support to businesses with limited scale. These loans are designed to address the unique needs of smaller enterprises, providing capital for operations, expansion, or technology upgrades. With favorable terms and government initiatives, Accessible funding empowers MSMEs to thrive, create employment opportunities, and contribute to overall economic development.

Balance Transfer & Top Up (External BT)

A Loan balance transfer involves moving an existing outstanding loan from one lender to another, typically to benefit from lower interest rates or better loan terms. Borrowers opt for balance transfers to reduce their financial burden and save on interest payments.

Home Renovation Loan

A Home renovation loan is a type of financing specifically tailored for homeowners looking to upgrade or improve their residences. These loans provide funds to cover expenses related to remodeling, repairs, or enhancements, allowing individuals to enhance the aesthetic and functional aspects of their homes. Typically, interest rates are competitive, and repayment terms are designed to accommodate the borrower's financial situation.

Frequently Asked Questions

Please reach us at contact@crspcapital.com if you can not find an answer to your questions.

What is the maximum loan amount I can qualify for?

Loan amounts of up to 10 lakhs can be offered based on the customer's profile.

What is the minimum and maximum loan tenure available?

The loan has a minimum tenure of 36 months and a maximum tenure of 84 months.

Can I choose the loan tenure, or is it fixed?

Certainly, the loan duration is determined by the income profile. For incomes less than 3 lakhs, the maximum tenure is 60 months, while for incomes exceeding 3 lakhs, it extends to a maximum of 84 months.

What is the interest rate on the loan?

The interest rates range between 18% and 26%, depending on the credit profile of the customer.

What are the monthly EMIs (Equated Monthly Installments) I need to pay?

The calculation of EMIs is contingent upon the interest rate provided, which, in turn, is determined by your credit profile.

Is there an option for a grace period or a moratorium before starting the repayment?

Certainly, during instances of natural calamities and disasters such as the Covid-19 period.

Are there any processing fees associated with the loan? What other charges should I be aware of (e.g., late payment fees, prepayment charges)?

Indeed, customers are charged processing fees, legal and technical fees for property inspection, and broken period interest. Further details can be provided on an individual basis.

What are the eligibility criteria for obtaining the loan? How is my eligibility determined (e.g., income, credit score)?

The eligibility criteria are influenced by several factors, encompassing your income, credibility, and property valuation.

What documents do I need to submit to apply for the loan? How long does the documentation and approval process take?

The customer is required to provide KYC documents, proof of possession, income documentation, as well as banking and property-related documents.

Is collateral required for the loan? If yes, what types of collateral are accepted?

Certainly, it is a mandatory document.

How will taking this loan impact my credit score? What happens if I miss a payment or default on the loan?

The credit score is impacted solely when a customer fails to make an EMI payment.

How can I contact customer support if I have questions or issues? Is there a helpline or online support available?