Frequently Asked Questions

Find quick answers to common questions about our loan services and application process.

1. General Information

Q: What is capitalassistindia?

A: capitalassistindia is a financial services company that provides various types of loans including personal loans, business loans, home loans, and education loans with competitive interest rates and minimal documentation.

Q: Where are you located?

A: Our registered office is located at Rajapur, Pocket 24/3, Sector 9, Rohini, Delhi, 110085. We provide services across India with primary focus on Delhi NCR region.

Q: Are you RBI registered?

A: Yes, we operate in compliance with RBI guidelines and work with RBI-approved partner banks and NBFCs for loan disbursement.

2. Loan Products & Services

Q: What types of loans do you offer?

  • Personal Loans: ₹50,000 to ₹30,00,000
  • Business Loans: For SMEs and startups
  • Home Loans: For property purchase and construction
  • Education Loans: For higher studies in India and abroad

Q: What are your interest rates?

A: Our interest rates start from 9.5% per annum. The final rate depends on your credit profile, loan amount, tenure, and current market conditions.

Q: What is the maximum loan amount I can get?

A: Loan amounts vary by product type. Personal loans go up to ₹30 lakhs, while business and home loans have higher limits based on eligibility and requirements.

3. Eligibility Criteria

Q: What are the basic eligibility requirements?

  • Age: 21 to 65 years
  • Indian citizenship with valid identity proof
  • Minimum monthly income as per loan type
  • Good credit history and CIBIL score
  • Stable employment or business income

Q: What credit score do I need?

A: Generally, a CIBIL score of 650 or above is preferred. However, we evaluate applications holistically considering income, employment stability, and other factors.

Q: Can I apply if I'm self-employed?

A: Yes, we provide loans to both salaried individuals and self-employed professionals/business owners with appropriate income documentation.

4. Application Process

Q: How do I apply for a loan?

A: You can apply online through our website, call our customer service, or visit our office. The process involves filling an application form and submitting required documents.

Q: What documents do I need?

  • Identity Proof: Aadhar Card, PAN Card, Passport
  • Address Proof: Utility bills, rental agreement
  • Income Proof: Salary slips, bank statements, ITR
  • Employment Proof: Employment letter, business registration

Q: How long does the approval process take?

A: Document verification is completed within 24 hours, and loan disbursement typically happens within 24-48 hours of approval.

Q: Is there an application fee?

A: No, there is no application fee. You only pay processing fees after loan approval, which is up to 2% of the loan amount.

5. Loan Terms & Repayment

Q: What are the repayment options?

A: We offer flexible EMI options through NACH, post-dated cheques, or online bank transfers. You can choose monthly repayment schedules.

Q: What are the loan tenures available?

  • Personal Loans: 12 to 84 months
  • Business Loans: 12 to 60 months
  • Home Loans: Up to 30 years
  • Education Loans: Up to 15 years

Q: Can I prepay my loan?

A: Yes, you can prepay your loan partially or fully without any prepayment charges.

Q: What happens if I miss an EMI payment?

A: We provide a grace period of 15 days. After that, late payment charges of 2% per month apply on the overdue amount.

6. Fees & Charges

Q: What are all the charges involved?

  • Processing Fee: Up to 2% of loan amount
  • Documentation Charges: As applicable
  • Late Payment Charges: 2% per month on overdue amount
  • Prepayment Charges: Zero charges
  • Bounce Charges: As per bank charges

Q: Are there any hidden charges?

A: No, we maintain complete transparency. All charges are clearly mentioned in the loan agreement and communicated upfront.

Q: When do I pay the processing fee?

A: Processing fees are collected only after loan approval and before disbursement. No upfront fees are charged during application.

7. Loan Disbursement

Q: How is the loan amount disbursed?

A: Loan amount is directly credited to your bank account via NEFT/RTGS within 24-48 hours of final approval and documentation.

Q: Can I get the loan in cash?

A: No, as per RBI guidelines, all loan disbursements are made through banking channels directly to your registered bank account.

Q: What if my loan gets rejected?

A: If your loan application is rejected, we will inform you of the reasons. You can reapply after addressing the issues or improving your credit profile.

8. Credit Score & History

Q: Will checking my eligibility affect my credit score?

A: Initial eligibility checks are soft inquiries that don't impact your credit score. Hard inquiries are made only when you formally apply.

Q: How can I improve my credit score?

  • Pay existing EMIs and credit card bills on time
  • Maintain low credit utilization ratio
  • Don't apply for multiple loans simultaneously
  • Keep old credit accounts active
  • Regularly check your credit report for errors

Q: Can I get a loan with a low credit score?

A: While a good credit score improves approval chances, we consider multiple factors including income stability and employment history for loan decisions.

9. Security & Privacy

Q: Is my personal information safe?

A: Yes, we use advanced security measures including SSL encryption and follow strict data protection protocols. Your information is shared only with authorized parties for loan processing.

Q: Do you share my information with third parties?

A: We share information only with partner banks, credit bureaus, and regulatory authorities as required for loan processing and compliance. We never sell your data to marketers.

Q: How can I update my contact information?

A: You can update your contact details by calling our customer service, emailing us, or visiting our office with appropriate identity proof.

10. Customer Support

Q: How can I contact customer support?

  • Phone: +91 9830634312
  • Email: info@cashfirmindia.com
  • Office: Visit our registered office during business hours
  • Website: Use our online contact form

Q: What are your customer service hours?

A: Our customer service is available Monday to Saturday from 9:00 AM to 7:00 PM. Email support is available 24/7.

Q: How do I file a complaint?

A: You can file complaints through email at support@capitalassistindia.com, call our helpline, or write to our registered office. We respond within 48 hours.

11. Special Circumstances

Q: What if I lose my job after taking a loan?

A: Inform us immediately about job loss. We may offer temporary relief measures like EMI restructuring or moratorium based on your situation and payment history.

Q: Can I transfer my loan to another bank?

A: Yes, you can transfer your loan balance to another lender. However, prepayment of the existing loan will be required as per terms.

Q: What happens in case of borrower's death?

A: If the loan is covered by insurance, the insurance will settle the outstanding amount. Otherwise, legal heirs become responsible for the debt as per applicable laws.

12. Still Have Questions?

If you couldn't find the answer to your question, please don't hesitate to contact us:

  • Call us at +91 9830634312 for immediate assistance
  • Email your queries to info@cashfirmindia.com
  • Visit our office during business hours
  • Use our online chat support on the website
  • Schedule a callback through our website