Terms & Conditions

Application Should Be Sent With Bio Data

 Any Person having a minimum qualification of 10th pass can apply for DMA/DSA/SUB DSA/AGENT

Applicant having a minimum office space of 250 sq. ft.

Applicant should be the holder of a Permanent account no (PAN)

The DMA/DSA/SUB DSA/AGENT will provide fresh loan cases, and the cases will be processed on priority basis

If DMA/DSA/SUB DSA/AGENT is found to work for another Company then his/her DMA/DSA/SUB DSA/AGENT will be cancelled with a single notice.

DMA/DSA/SUB DSA/AGENT will forward applications duly signed by the applicants after filling all the columns with required information along with the documentary evidences and photographs of the applicants.

DMA/DSA/SUB DSA/AGENT will collect the loan applications of the applicants after giving full details to the company immediately, to ensure regular payment of installments in the accounts introduced by applicant and timely deposition of post-dated cheque.

To ensure recovery in the event of default/non payment

DMA/DSA/SUB DSA/AGENT will have no right to violate existing terms & conditions of the company for granting of loan etc. on behalf of the company.

He will not collect any type of cash from the applicant other then commission provided by company.

The agreement with DMA/DSA/SUB DSA/AGENT will be in force for a period of 3 months, Agreement copy will be provided only after receiving of Police verification report at least from concerned Police station.

If at any time, DMA/DSA/SUB DSA/AGENT is found violating the terms & conditions of the Agreement, or is not able to achieve the set targets, then his/her DMA/DSA/SUB DSA/AGENT may be terminated, after such termination the DMA/DSA/SUB DSA/AGENT Are not entitled to process further loan applications on behalf of Oriental Finance Pvt Ltd

PRIMARY TERMS AND CONDITIONS TO KNOW AND TO BE FULFILLED BY THE APPLICANT

Maximum 1000 Cores (One Thousand Cores only) in case of Loan.

Loan Amount will carry an interest rate of 8% per year (Flat).

Installation payable on monthly / quarterly / half yearly or yearly basis.

Tenure of repayments will be minimum 1 (One) year and maximum (25) Twenty Five years.

Loan may be given to any person working in State / Central Government with in India.

Loan may be given to government employee working in State / Central Government with a few departments within India.

If the full and final repayment of the loan amount is made before the stipulated period then applicant may get relaxation on interest.

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

After considering all the facts and aspects of the loan application, applicant will be intimated in due course of time regarding approval of loan by the financial firm / company.

After submitting all papers and completing all formalities as per firms / company’s requirement by the applicant, the financial firm / company will disburse the loan within one week through cheque or bank draft.

Agents responsibility will be to work as a mediator till the loan is approved and collect all the papers related to loan, paper etc. and submit the same to financial firm / company. Moreover, the agent has no authority or responsibilities in disbursing the loan to any applicant.

If H.O.D/ Salary In-Charge refuses the official undertaking then financial firm/ company will accept that applicant has failed to fulfill all the formalities of the financial firm / company. In these 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 will have no right to ask / claim for the refund of deposited processing fees etc. (processing fees etc. is non-refundable to applicant).

I the applicant have read out the loan application form and understood each and every fact. In my full consent without any pressure and without taking any type of alcoholic/ intoxicating substances. Hence I do accept the written conditions of application form as this application form carries only the primary conditions related to loan. So any other condition applicable related to loan after verification will also be acceptable to me.

Processing fees will be acceptable only through Bank Account.

Any disputes that arise will come under the jurisdiction of Delhi Courts Only.

LOAN INTEREST RATES ARE 8% YEARLY ON FLAT BASIS.

Largest repayment period from 1 year up to 25 years.

Minimum paperwork.

Make sure & go ahead as big things are always the simple One.

We are looking for the long terms relationship.

All the copies that are sent by you must be self-attested (Xerox Copies).

Keeping a healthy attitude is always up to you.