Now Get a Loan for Your Rental Security Deposit
Principal amount, here, is the security deposit amount. Because the borrower pays only the interest, it reduces his monthly cash outflow up to 40% and provides him much desired financial relief during shifting. Said, Satyam Kumar
Lenders call for PAN-Aadhaar linkage
If you look at the percentage of loan applications, then these will be only 4-5%. But the point is, it’s these 4-5% of the customers where you are going to have the maximum loan defaults coming in.