Unicorn Capitals Consumer Durable Loan is easy-to-get, quick and convenient.
Upgrade your home with the latest gadgets with Unicorn Capitals consumer durable loan.
Apply for our consumer durable loans to fund your purchase of household electronic goods, from refrigerators to recliners.
With up to 100% financing and quick approval of consumer durable loans, enjoy a hassle-free process when you apply for our consumer durable loan.
Besides speedy and transparent processing, the firm offers a host of other benefits on its loans including flexible tenures and competitive interest rates.
These unmatched benefits make our products among the best loan in the market.
Eligibility:
The following people are eligible to apply for a Loan:
- Individuals between 21 and 60 years of age
- Individuals who have had a job / business for at least 2 years, with a minimum of 1 year with the current employer
- Those who earn a minimum of Rs. 15,000 net income per month
Documentation:
The following documents are required along with your Loan application:
- Identity proof (copy of PAN card/passport/voter ID card/driving license/Aadhaar)
- Address proof (copy of passport/voter ID card/driving license/Aadhaar)
- Bank statement of previous 3 months (Passbook of previous 6 months)
- Latest salary slip/current dated salary certificate with the latest Form 16
Rates & Fees:
Enclosed below are Unicorn Capitals Consumer Durable Loan Interest Rates & Charges*
| Fee | Amount to be Paid |
|---|---|
| Rate of interest range | 19% to 24% |
| Loan processing charges | Up to 2.50% of the loan amount subject to a minimum of Rs. 500/- |
| Pre-payment charges | < 6 Months – 5% of Principal Outstanding, 7-12 Months – 4% of Principal Outstanding >12 Months – 3% of Principal Outstanding |
| No Due Certificate/No Objection Certificate (NOC) | NIL |
| Duplicate of No Dues Certificate/NOC | Rs. 100/- |
| Solvency Certificate | Not applicable |
| Charges for late payment of EMI | Rs. 500/- or 10% of unpaid EMI whichever is higher to be paid per month |
| Stamp duty & other statutory charges | As per applicable laws of the state |
| Cheque swapping charges | Rs 500/- |
| Amortization Schedule charges | Rs 200/- |
| Loan cancellation charges | NIL (However client would be charged interest for the interim period between date of loan disbursement and loan cancellation and processing fees would be retained.) |
| Cheque bounce charges | Rs. 350/- per cheque bounce |
| Legal/incidental charges | At actual |
| Collection fees | 36% of unpaid balance or Rs. 5000/- whichever is higher for every notice |
* – above charges does not include GST and is applicable as per current government policy.
The above charges and rates are under the sole discretion of Unicorn Capitals, subject to change without prior notice.