A Personal Loan is an unsecured loan that can be used for variety of
reasons such as education, home renovation, wedding, travel, medical or
for general purposes.
2. Why should I take loan from SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED?
Key Features of SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED Personal loans are Completely Digital
Process, Quick disbursal, Transparent, No security needed, Minimum
documentation.
3. When can I apply for Personal
loans?
Anyone in the age group from 23 years to the age of 58 years on loan
maturity can apply for a Personal loan, provided the applicant has the
required documents.
4. What are the documents to be
provided?
Aadhar Number, Pan Number, Current address proof & bank details
5. Do I need to provide any security in
the form of asset or repayment instrument?
No, this is 100% unsecured loan
6. How much loan can I get?
One can get loan starting from ₹50,000 up to ₹7,00,000
7. What is the tenure of the loan?
The tenure can range from 12 months to 48 months
8. What is the interest rate?
The interest rate starts from 12% onwards. Your interest rate depends on
your Credit Score, Loan Amount and other Eligibility Criteria. Interest
rates for the Loan will be a fixed rate (reducing balance).
9. What is the processing fee?
Processing fee of 1.75% to 2% of the loan amount will be applicable
10. How will I know if my loan is
approved?
After approval of your loan, you will get an SMS from SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED
confirming the approval of your loan.
11. Can I get a loan in my city?
Personal loans is available in all the major towns and cities. One can
apply on to check the eligibility.
12. How is the personal loan
disbursed?
Once a personal loan is approved it is disbursed directly to your bank
account.
13. How to repay the personal loans?
The EMIs for Personal Loans will be deducted from your bank account
through ACH/SI mandate/e-mandate. If the ACH is not honoured due to
insufficient funds, then you can pay online via cash, paynearby (pay at
your nearest LTF branch) Airtel portals.
14. Are there any additional charges for
availing the loan ?
There are no additional charges to be paid. The only charges applicable
are as follows: Processing Fee plus applicable taxes, Insurance Premium,
HospiCash Insurance Preminum (If applicable). All the above charges will
be adjusted in your loan amount at the time of disbursement.
15. Do you offer an Insurance Facility
for the Loans, what would be the premium amount?
Yes, the Insurance facility provided with the loan is credit shield which
will cover the loan outstanding in case of unfortunate death of the
customer. The premium will depend upon the age of the customer, loan
amount and tenure and will be informed to the customer at the time of
application process.
16. Do I need to provide any income or
surrogate income proof?
No, one can get loan up to ₹7,00,000 without any income proof
17. What is the acceptable current
address proof?
The following documents can be considered under Current Address Proof:
Aadhaar, Passport, Voter ID, Driving Licence, Water Bills, Electricity
Bills, Mobile Postpaid Bill, Municipal/Property Tax receipt, National
Population Certificate, Job Card by NREGA.
A two-wheeler loan helps you purchase a bike of your choice, and pay
for it in equated monthly instalments (EMIs).
2. What is an EMI?
An EMI stands for equated monthly instalment. The instalment comprises of
two components principal and interest. EMI’s provide you with ease
and benefit of paying back your loan amount over a long period of time
via fixed monthly payments.
3. Why SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED Two-Wheeler
Loan?
• Quickest Approval TAT in the industry
• Simple documentation process
• Competitive Interest Rates & schemes to suit your needs
4. What is the maximum loan tenure for SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED Two-Wheeler loan?
The maximum loan tenure is up to 4 years
5. How much loan I can avail of?
You can borrow up to 95% of On-Road Price of the vehicle (subject to
applicable terms & conditions). Exact percentage would depend upon the
loan amount, your credit score and eligibility.
6. Is there any late payment fee on
two-wheeler loan?
The late payment fee is 3% on overdue EMI.
7. Are there any special schemes on
two-wheeler loan?
Special schemes are available from time to time.
8. Can I repay two-wheeler loan
early?
Yes.
9. How can I repay my two-wheeler
loan?
You can repay your two-wheeler loan with a range of options. This
includes eNach (Net Banking, Debit Card, AADHAR, UPI), physical mandate
through post-dated cheques, direct bank transfers, online payment
through SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED website. You can also repay through cheque & cash by
visiting your nearest SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED branch.
10. Is there any security/collateral
which needs to be offered for this loan?
No. You only have to submit your KYC documents along with bank details
for loan approval
11. How long does it take for a
two-wheeler loan approval at SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED?
You can get a two-wheeler loan approved in a minute, provided all the
documents are in place
12. What is the rate of interest for
Two-Wheller loan at SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED?
We offer a competitive interest rate starting 7.99%.
13. What is the age criteria to avail
two-wheeler loan?
Micro Loan is a financial service under Rural Business Finance aimed at
providing small loans to women from low-income group and help them
become self-reliant.
2. What is the eligibility to qualify for
renewal of Micro Loan?
All the customers having active association with SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED and paying
their EMIs regularly are eligible for renewal of their Micro Loan.
3. Can I pre-close my Micro Loan?
You can pre-close your Micro Loan anytime with zero pre-closure
charges.
4. How much is the processing fee for
Micro Loan?
The processing fee on SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED Micro Loan is 1% on Loan Amount +
applicable taxes
5. How much loan amount I can avail?
You can avail a loan amount of ₹30,000 to ₹1,10,000
7. Is Micro Loan collateral free?
Yes, Micro Loan at SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED is collateral free.
8. What is the period I can get a Micro
loan for?
The Micro Loan tenure ranges from 24 months to 36 months
9. What is the eligibility for a Micro
Loan?
At SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED, Micro Loan is given only to women borrowers with an age
of 20 years to 60 years.
10. Why SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED Micro Loan?
• SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED is one of the leading providers of Micro Loans in
India • Term loans through Joint Liability Group •
Simplified Application Process • Easy monthly repayment
1. What are the types of agriculture
loans available for me?
• Farm Mechanisation Loan • Tractor Loan •
Agricultural Term Loan • Loan for Allied Agricultural
Activities • Used Tractor loan • Crop Loan •
Solar Pump Set Loan • Agricultural Gold Loan •
Forestry Loan • Horticultural Loan
2. What Is A Top-Up Loan?
A Top up loan meaning an extra loan is a financing option that is offered
over and above the existing loan amount for products such as home loan
and personal loan. The top-up loan is offered to customers who have an
existing relationship with the lender, have a good credit score and have
repayment ability.
3. How do I get eligible for a top-up
Loan?
The top-up loan is offered to customers who have an existing relationship
with the lender, have a good repayment track, and have repayment
ability.
4. What are the benefits of availing the
farm equipment loan facility from SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED?
• Customised repayment option based on harvesting patterns •
Attractive interest rate @ 10.75 % * • Technology-driven
transparent processes • No hidden charges • Faster
sanction and disbursement of loan • Simple documentation •
Paperless journey
5. What is the eligibility criteria to
apply for SOUTH EAST INDUSTRIAL DEVELOPMENTS LIMITED farmer loan?
The age criteria is 18 years to 65 years of age.
6. What are the documents required to
apply for farmer loan/tractor loan?
The documents required are:
• Identity proof: Aadhaar card / PAN card
• Address proof: Voter's ID card / Driving License / Passport /
Latest telephone bill (landline) / Latest electricity bill / Latest bank
account statement
• Income proof: As per submissions made at the time of filing
returns
7. What is the interest rate?
The interest rate for new tractor loan is 10.75%* and the processing fee
is upto 1% of the loan amount + applicable taxes. *T&C Apply
8. What are the loan tenure options
available?
Loan tenure depends on various factors like LTV and customer's need. It
can range from 5 – 6 years.
9. What is the down payment required for
tractor loan?
There is no minimum downpayment criteria. It completely depends on the
customer.
10. How much time will it take for loan
disbursal?
48 hour quick disbursal
11. What Is A Top-Up Loan?
A Top up loan meaning an extra loan is a financing option that is offered
over and above the existing loan amount for products such as home loan
and personal loan. The top-up loan is offered to customers who have an
existing relationship with the lender, have a good credit score and have
repayment ability.
12. How long does the process take from
start to finish
The process is very simple and the loan is disbursed instantly after the
application. It is a completely paperless process.