CASH COLLATERAL

Cash collateral will vary based on the customer’s profile and area.

Once the customer receives 70% of the loan amount, they are required to pay 10% of the total loan amount as cash collateral to the company account.

For example: If the loan amount is Rs. 2,500,000, the customer needs to pay Rs. 250,000 as cash collateral.

The remaining 30% of the loan amount will be disbursed within 24 hours.
Cash collateral will be returned to the customer at the end of the loan tenure. However, if the loan is closed early, cash collateral deductions apply.