| Frequently Asked Questions |
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What is MoneyMitra?
MoneyMitra is a financial distribution company, which provides a wider choice to the customer to suit the customers' credit profile and interest rate requirement. MoneyMitra is an impartial third party distributor. Through our experienced personnel, we strive to ensure that our customers get the best deal.
It has a strong financial advisory division to help the customer get a complete financial solution to optimize his return. |
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How does the customer benefit from MoneyMitra for loans? The customer would not have to go from pillar to post to identify which bank will lend to him and at what cost will he get the loan. He only has to come to MoneyMitra. MoneyMitra will identify and help him get the best deal based on his credit profile and money required. |
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How does the customer benefit from MoneyMitra for investments? MoneyMitra will give a complete financial solution for customer's investments rather than piecemeal solutions. MoneyMitra strives to optimize customer's returns while keeping in mind his risk profile. |
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Does the customer have to pay MoneyMitra for getting his loans done? No, MoneyMitra will get paid by the financial institutions and the customer does not have to pay extra amount to MoneyMitra. |
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Does MoneyMitra guarantee a loan to the customer? No, but MoneyMitra will cater to the widest range of credit profiles of the customer under one roof. So whatever is the customer's credit profile his chances of getting loan through MoneyMitra increases. Importantly, we also advise you where you will get the best deal. |
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Can I get loan through MoneyMitra anywhere in India?
No, MoneyMitra believes in maintaining personal touch with its customers. So it caters to customer only where they have their branch offices, which are currently at Ahmedabad, Baroda, Banglore, Surat, Rajkot and Anand. |
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What is the process for getting loan through MoneyMitra?
You have to fill up the Contact Form along with the required contact details. Then a MoneyMitra representative will contact you to understand your requirement in detail. They will also ask you questions to understand your credit profile. Based on your requirements and credit profile a documentation executive will help you through the requisite documents and application form to initiate the loan process.
Then after getting approval from the concerned bank for your loan, MoneyMitra representative will help you complete the documentation process and subsequently the bank will issue the cheque/DD in favour of the customer. |
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