Question 1: Who we are?
One Digi Point Micro Lending Service is a registered institution under Udyam and CSC, specializing in offering micro loans and mortgage loans ranging from Rs.1000/- to Rs.50,000/-. With a commitment to financial inclusivity, we cater to the diverse financial needs of our clients, ensuring flexibility and ease in accessing credit facilities.
Question 2: Eligibility criteria to apply for loans
Our basic eligibility criteria is - 1. Applicant must be salaried or self-employed
, 2. Monthly in-hand income of ₹13,500 or more, 3. Should be aged between 21 years and 57 years
Question 3: Interest rate
For Micro (Personal) Loan : Flat 10% Monthly, For Mortgage Loan : Flat 5% (Monthly)
Question 4: Loan foreclose charges
Yes, you can foreclose your instant personal loan after a certain number of EMIs have been paid, and the full interest for the running month of closing the loan should be paid during the time of closing the loan.
Question 5: Installment payment
Installments to be paid through EMANDATE / UPI Mandate.
Question 6: Bounch Charge
Rs.300 + GST to Rs. 500 + GST may charged for every bouch by your bank. And additionally 1% of the installment will be charged by us in daily basis.
Question 7: No Dues Certificate
You will receive a No Dues Certificate on closing or full repayment of the loan which is your loan clearance certificate.
Question 8: Loan Precessing Fee
Currently we are not charging any loan processing fee but in future we may charge 1% with GST of the Loan Amount as Loan Processing Charge.
Question 9: Refinance and Top up loan
Yes, Once your previous loan is repaid in full with interest, you will be eligible fore a Refinance Loan. And, After reviewing your repayment, One Digi POint may offer you a top up loan while you have a ongoing loan.
Question 10: You have more queries
Kindly email us at onedigipoint@gmail.com
