Dashmangal Nidhi Limited

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About Us

We are a mutual benefit company where only members can transact business. The company has the approval from Govt., of India, Ministry of Corporate Affairs (No.37/13/90-CL III dated 13.12.1990). Activities of our company are closely monitored and controlled by the Ministry of Corporate Affairs (Govt. of India). Like all financial institutions, we comply with all necessary operating guidelines such as, Capital Adequacy, Statutory Liquidity Ratio and Asset Classification and Income Recognition. We offer attractive interest rates for all types of deposits. We can lend only against a security of gold, against our fixed deposits, LIC policies, government securities / bonds and property mortgage loans. At present working of the Company is under the direct supervision and responsibility of 10 Directors. Our Directors have strong competencies in finance and business administration, including senior chartered accountants, senior advocates, retired senior executives from banks and other government departments, leading businessmen and industrialists...

Disclaimer !!

Declaration

I/We and that all the particulars and information given in the application form true, Correct and complete and that they shall from the basis of any loan, dashmangal nidhi limited may decide to grant me/us.

I/we undertaking inform dashmangal nidhi limited regarding change in my/our occupation /employment / residential address and to provide any other information that tha financial company require.

I/We confirm that I/We do not avail any other credit-facilities with any bank finance company other than mentioned above. I/We confirm that if I/We avail any credit-facility from any bank/financial company in future. I/We furnish details to financial company immediately. Funds will not be used for speculative purpose. I/We confirm.

I/We also understand that the sanction of the loan is subject to the execution of documents are per financial company requirements. I/We agree that financial company Dashmangal Nidhi Limited. Has right to make any enquiries regarding meas that think fit.

In view of above it is requested that kindly sanction me loan after due verification of me and my guarantor records by your verification officer(legal)

Minimum loan amount will be Rs. 5000/- and Maximum Rs. 10,00,00,000/- in case of personal loan & Propertly loan ete.

Interest will be charged at rate of 4% to 36% P.A. (Flat).

Repayment of loan will be on monthly instalment basis along with flat interest.

Tenure of loan Repayment will be minimum one year and maximum twenty years.

Loan would provide to goverment employee working at all place in India.

Loan would be provide Central/State govt. Department expect employee of few departments.

Ifthe loss is repaid before the stipulated period the discount would be provided in interest.

File charge and expenditure regarding property verification, mortgage deed, registraition, verification, guarantee deed registration, guarantor verification, agent commission etc. Will be borne by the applicant.

After considering all the facts and lable of the loan application, applicant will be litimated in due course of time regarding after later of loan by the financial firm/company.

After submitting all papers and completeing all formalities as firm/company’s requirment by the applicant the financial firm/company will disburse the loan after verification through cheque or bank draft.

Agent’s respondibility will be to work as a mediator till the loan is approved and collect all the papers related to loan, guarantor’s paper etc. And submit the same to financial firm/company. Moreover, the agent has no author or disburding of the loan any applicant.

If the applicant is unable to submit necessarey spares (related to loan), guarantee bond (to be propared by the guarantor) within the stipulated period of time, papers found false or incomplete, guarntor or guarantor’s H.O.D. / salary incharge refuse the official undertaking then financial firm/company will assume that the applicant has faild to fulfil all formalities of the financial firm/company will assume that the applicant has faild to fulfil all formalities of the financial firm/company. In this circumstances financial firm/company will have a total right to reject the loan case of this particular applicant.

In the event of rejected loan case, the applicant no right to ask/claim for the refund of deposited processing fees etc. (Processing fees etc is non refundable to applicant.)

I (applicant) have read the the read the loan applicable form and understand each and every fact. In my full conscious, without any pressure and without taking any type of alcoholic/intoxicated. Hence, I do accept the written conditions of