You would have availed loan, based on your repayment capacity and security after sometime you may apply for higher amount of the loan from other Banks or any Financial Institutions. The New Financial institution would have given New Loan Sanctioned Letter.
In this Situation you have to settle existing loan and redeem the old loan documents and submit original documents to the New Bank or Financial Institution to avail the new loan for the higher amount.
To settle the old loan account we, Akhshayaa Finance provide the Financial Support to close the loan as Stop Gap Funding.
You are expecting to receive Guaranteed Source of Payments ( ie Funds/Loan) ,
But sometimes unexpected delay will be there in getting the money.
In such situations, To honour your financial commitments,
Akhshayaa Finance will give You Stop Gap Funding as a Short Term Loan.
MINIMUM Rs. 25 LAKHS TO Rs. 10 CRORES AGAINST CHENNAI CITY PROPERTIES WITHIN 3 DAYS
All the Short Term Bridge Loans are given for the period of Min.1 Day to Max. 30 days. (In Short, the loans must be settled within 30 days.)
(The interest will be charged based on the daily diminishing balance only.)