Meenakshi Fin Services (MFS) is established in the year 2012 with the main objective of providing financial services to the business and working class. MFS has grown over a period of time and is now the Channel Partner to various Private Banks and NBFC's across Telangana and AP.
MFS today has an estimated business of Rs.30 Crores per year. MFS has in its clientele reputed Educational Institutions, Trade and Industry. MFS is having experienced team members to source business and complete the transactions in a timely and professional manner.
While dealing with the Housing Loans, Mortgage Loans, Vehicle Loans and Business Loans, MFS is recently diversified to Term Loans and Working Capital requirements of the corporate. MFS is headed by Ms. Dharani with nearly a decade of banking experience. She is associated with Chartered Accountants and highly experienced seasoned bankers to ensure timely disbursement to the customers.
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The major benefit of business loans in India is that it does not require any collateral or security and most of the banks sanction business loans with minimal pre-payment charges. Another benefit is that if there is a failure of repaying the loan, then the business owner will not solely face the burden of penalties but the whole company will be liquidated in order to clear the business loan. COMPONENTS OF A BUSINESS LOAN Business Loan amount can be from Rs.3 lakhs onwards Simple and easy documentation Business Loan tenure can be from 12 months to 48 months Business loan interest rates varies from 16% to 25% which depends on the eligibility of the applicant2018-04-26T07:16:53