Sabka Loan 14

Mahashakti Financiers Ltd operates as a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The company offers personal loans through a modern digital platform designed to streamline the lending process.

Customers can expect prompt loan processing and quick disbursal, typically within 30 minutes, along with competitive interest rates that contribute to a seamless and entirely digital borrowing experience.

The organization focuses on providing accessible and affordable financial solutions specifically tailored for salaried professionals, thus supporting their financial aspirations. Their RBI registration speaks to their adherence to regulatory standards, while the implementation of innovative technology facilitates efficient loan processing. Additionally, the customer-centric approach and minimal risk profile contribute to maintaining competitive interest rates.

Potential borrowers are encouraged to review the terms and conditions, interest rates, and associated fees prior to engaging with the services. Protection of personal data and verification of the company's legitimacy are also essential considerations.

Representative Example:

• Personal loans available from INR 5,000 to INR 1,00,000
• Interest Rate: Up to 36% per annum
• Age Requirement: 21 to 55 years
• Late Payment Fee: Applicable for delayed repayments
• Processing Fee: Up to 5%
• Loan Tenure: Ranges from 91 days to 365 days
• No pre-closure charges

Sample Loan Calculation:

For a loan amount of ₹30,000 at an interest rate of 30% p.a. over a duration of 3 months:

• Total Personal Loan Interest: ₹2,250
• Processing Fees + GST: ₹590
• In-Hand Amount: ₹29,410
• Total Repayable Amount: ₹32,250
• Monthly EMI Repayable: ₹10,750

Key Benefits:

• Fast and effortless loan processing
• Rapid funds disbursal
• Competitive interest rates
• Hassle-free, fully digital experience

Eligibility Criteria:

• Indian citizenship required
• Salaried professionals only
• Minimum monthly take-home salary of INR 30,000/-
• Regular salary credit into a bank account necessary
• Ages between 25 and 55 years accepted
• Loans may cover up to 80% of monthly salary

Documents Required:

• Salary slip
• Latest three months’ bank statements
• PAN card copy
• Aadhar card copy
• Utility bills or any address proof

Security and Privacy Policy:

The organization ensures client information is safeguarded through a highly secure and encrypted system. Further details can be found in their privacy policy.

Terms & Conditions:

Sabka Loan is operated by Mahashakti Financiers Limited (NBFC), which adheres to RBI regulations. Detailed terms can be accessed on their official website.

Contact Information:

• Contact Number: +918527696663
• Email: [email protected]
• Website: https://www.sabkaloan.com/
• Head Office: First floor plot no 17,Pocket -8 ,Block C , sector 17 , Dwarka , New Delhi - 110075
• Registered Office: Kahjuria Complex Ward no 15 Kathua , Jammu & Kashmir - 184102