The fast Capital pvt Ltd is a group unit of M/s VFS Capital, which is having a long-standing history and experience of more than four decades in engaging and working with the customer segments. Its Journey started in 1982, as a not-for-profit organisation and later, in 1996-97, it entered microfinance business, as a first MFI in Eastern India, which has become an NBFC.
Recovery of Overdue Loan for Pledged Gold Jewellery, a Notice/Recall Letter shall be served on the borrower, if the loan and/or interest have not been repaid/serviced in full or part, on or before the due date.
The loan account can be renewed for a further period of one year from the due date, after obtaining fresh set of documents, provided the borrower pays the entire accrued interest till the date of renewal and the stipulated margin is maintained.
In cases where normal recovery efforts in overdue loans have failed to have the desired result and auctioning of the Ornament/Jewellery/Coins is warranted based on prima facie assessment made by the Branch, the Branch will be required to forward the particulars to Head Office seeking authorization for sale of gold Ornaments/Jewellery/ Coins, in the prescribed pro-forma for referring the particulars to the Head Office for authorization.
Financial Analysis
Bookan unknown printer took galley type and scramble make.
Financial Analysis
Bookan unknown printer took galley type and scramble make.
