FAQ

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1. What is the tenure of a various loans available at Sabsang Finance?

The loan tenure at Sabsang Finance is a flexible, it will range from 1 to 5 years (12 to 60 months) depending on type of loan and amount.

2. What is an EMI?

An EMI is the amount that borrower must pay to the lender every month. Ideally EMI has two part principal amount + interest charged on the total loan.

3. What is the maximum and minimum loan that I can get from Sabsang Finance?

The loan amount ranges between INR. 25,000 to INR. 10 Lakhs depending on current source of income and paying capacity.

4. What is unique about Sabsang Finance?

Sabsang Finance is known for its transparent and trustworthy service given to the each and every customer. We believe in maintaining loan term relationship with our customers by providing best in class service. Three pillars of our service are:
1. Minimum paper work requires
2. Instant lending decision
3. Disbursement of loan within 24-48 hours

5. What is the minimum age to apply for a loan with Sabsang Finance?

We give loan to a person who has an age of 23 years and stable source of income.

6. What should be my minimum salary to get a loan?

Ideally a person must have a net monthly salary must be Rs. 20,000 or more.

7. What is the rate of interest charged on a personal loan?

Rate of interest depends on a customer’s profile, which comprises of income, CIBIL score, employer, age and type of loan etc. Sabsang Finance offers most competitive rate of interest in the market.