Unsecured funds available for NPA, SMA 1, or SMA 2 with a tenure of up to 4 months. Instalments due every 15th day until completion.
Unsecured funds available for NPA, SMA 1, or SMA 2 with a tenure of up to 4 months. Instalments due every 15th day until completion.
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HNI Unsecured Funding refers to loans or financial support provided to high net worth individuals or businesses without requiring collateral. It allows borrowers to access capital based on their creditworthiness.
Typically, high net worth individuals or businesses with strong financial profiles and credit ratings qualify for HNI unsecured funding. Lenders may also consider income, assets, and repayment capacity.
Common uses include:
Interest rates for HNI unsecured funding are generally based on the borrower’s credit profile, financial history, and the lender’s risk assessment. Rates may be higher than secured loans due to the increased risk for lenders.
Required documentation may include:
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