At Low Interest rate
Welcome To
Lord Buddha Mpfirda Investment & Finance Limited
सामाजिक आर्थिक क्रांति मिशन में आप सभी का स्वागत, अभिनंदन है
We will match you with a loan program that meet your financial need. In short term liquidity, by striving to make funds available to you.
Core Values
Investors
General Conditions
Should be citizen of India
Should be minimum 21 years of age
Should be able to read and write
Should not have been declared bankrupt
Should not be lunatic
Personal loan is meant to meet the necessities and personal requirements to improve quality of life. In addition to general conditions, personnel desirous to avail personal, should also fulfill following criteria -
Should satisfy the company for his repayment capacity, proportionate to the loan
Should not be a willful defaulter of any other bank, proof of the same to be attached
Should not have a criminal background at the time of application (self declaration)
Should have a valid reason to avail loan
Business loan is meant for-
To start a new business
To augment, expand or diversify the existing business
In addition to satisfying the general condition (as in ‘A’ above), personnel desirous of availing the business loan should also fulfill following criteria –
Should have a viable proposal for new/expansion of the proposed business
Should not have suffered losses in preceding three years in the existing business (proof to be attached, as applicable).
Should have compliance with the financial regulations of Government of India/State Government, as applicable
Business should not be immoral or unethical
Should not be a willful defaulter of any other bank, proof of the same to be attached
In addition to above conditions as in ‘A’, following conditions are also to be satisfied-
Quality certificate of the gold to be attached with the gold ornaments/articles
The person desirous of availing the loan should have clear ownership of the articles to be pawned
The gold articles to be pawned, should have been acquired through legal means
Same as in above ‘Business Loan’
Such group should be a recognized group either by Government agency or by a prominent recognized NGO
The group should be a functional and working group
The proposal should be a viable one
The project for which the loan is applied should be for general welfare of the society
The purpose for which loan is required should not be immoral or unethical
In addition to as in ‘General Query’ above the person/persons should also fulfill following criteria -
The person availing loan should have clear title of the mortgaged property, as sole owner or in a well defined partnership
The property proposed to be so mortgaged, should have been acquired through legal means
Company has full rights to revise the eligibility criterion, any time, following due procedure