What does hero FinCorp do?
Hero FinCorp, an associate company of Hero MotoCorp, is an Indian Non-banking financial company (NBFC). The company is currently engaged in consumer finance businesses and commercial lending.
Is Hero FinCorp registered with RBI?
Hero FinCorp Limited (“the Company”) is a Non Deposit Accepting – Systemically Important Non- Banking Finance Company (“NBFC-ND-SI”) and is registered with the Reserve Bank of India (“RBI”).
How do I foreclose my FinCorp loan?
Foreclosing A Loan Keep These Points in Mind
- Request for Foreclosure and List of Documents held by the NBFC/ Financial Institution.
- Clear All Dues and Ask For NOC.
- Lien Removal and Request for Legal Clearance Certificate.
- Retrieve Original Property Papers and Documents, Post Dated Cheques, etc.
Who is Renu Munjal?
Renu Munjal is the Managing Director of Hero FinCorp. She is the former Executive Director of Hero MotoCorp. She is involved in many CSR projects, which include setting up, and managing a K12 school and a vocational training centre.
Can I close my personal loan before tenure HDFC?
If you have taken a personal loan from HDFC Bank, the bank will allow you to make prepayment or pre-closure ahead of the tenure. The bank has a lock in period of one year within which you can neither pre-close your account nor make prepayments.
How can I clear my Bajaj bike loan?
How to get loan statement from Bajaj Finance?
- Step 1: Visit our customer portal.
- Step 2: Select your Customer ID.
- Step 3: Log in with your OTP.
- Step 4: Select “Services”
- Step 5: Click on “View Details” under loan type.
- Step 6: Select the e-statements header.
- Step 7: Download loan e-statement.
Who is the No 1 finance company in India?
List of top 10 Finance Companies in India
| S.No. | Finance Company |
|---|---|
| 1. | Bajaj Finance Limited |
| 2. | Tata Capital Financial Services Ltd |
| 3. | Aditya Birla Finance Ltd |
| 4. | L & T Finance Limited |
Is Paytm is NBFC?
Paytm is fintech and its subsidiary Paytm Entertainment could be classified as a Non Banking Financial Company (NBFC). As per rules of the RBI, a company has to register itself as NBFC, if a company derives 50% of its income and total assets from financial assets.
How many MFI are in India?
As of May 2021, the Reserve Bank of India (RBI) had registered 94 non-banking financial companies (NBFC) to run microfinance institutions (MFI). Chennai, Mumbai, and New Delhi had been the cities with the most companies. MFIs enable individuals or small businesses from poor strata of society to lend money.