<h2><ins>Frequently Asked Questions</ins></h2> <h3><strong>1. What is Adiloans ?</strong></h3> <p><a name="_GoBack"></a>Adiloans is flagship of <strong></strong>, a <a href="http://www.adiloans.com/">Non-Banking Finance Company Licensed by RBI</a></p> <h3><strong>2. Why should I take loan from Adiloans?</strong></h3> <p><strong>Adiloan</strong>&nbsp;is an&nbsp; technology based <strong>online lending platform</strong> where you can apply for a loan from anywhere at any Time without any problem. Adiloans customized its loan products for its clients and less hassle than traditional financing options. It offers attractive fixed rates, an easy online application, friendly service and no hidden fees</p> <h3><strong>3. What is Buddy Loan?</strong></h3> <p>Buddy Loan is &nbsp;a unique product specially designed for group of&nbsp; SME entrepreneurs and&nbsp; a part of business loan which is given to group of entrepreneurs, where each borrower get individually in their name and pays instalments. However eligibility and responsibility are assessed and fixed on group level and all group members are jointly and severally responsible for instalments.</p> <p>Under&nbsp; Buddy Loan, borrowers can enhance their eligibility and even first time borrower or new entrepreneur can also be eligible for funding</p> <h3><strong>4. What is Saheli Loan?</strong></h3> <p>Saheli Loan is a special and unique product specially designed for women, who are either dependent on their husband support or deprived from becoming self dependent. Under Saheli loan we form group of women entrepreneurs and&nbsp; promote them to grow their business, we assess their eligibility both individually as well as in a group, which not only help young and first time borrowers to take loan but also put them into discipline in growing their business and paying instalment on time&nbsp;</p> <h3><strong>5. Are there any hidden Charges?</strong></h3> <p>There is no hidden charges levied or recovered by Adilioans from its borrowers, except one time processing fees of upto 4% of sanctioned amount.</p> <h3><strong>6. How do I pay my instalments?</strong></h3> <p>All instalments are automatically debited to borrower&rsquo;s account on due date through ACH/NACH/ENACH/ECS/PDC</p> <h3><strong>7. How secure is my information? </strong></h3> <p>Adiloans assures all its clients that security of data is utmost priority for them and all of your data is kept strictly confidential.</p> <h3><strong>8. What is Overdraft Facility?</strong></h3> <p>Adiloans disburse all loans as Term Loan or Credit Lines, in case if borrower is opting for Credit Line then loan sanctioned is credited to borrower&rsquo;s account and borrower has flexibility to utilise part or full of loan amount or make part payment temporally and re withdraw as and when required. Borrower will pay interest only on the loan amount actually utilised by them, however Credit Line limit will be reduced systematically over a period of loan tenure</p> <h3><strong>9. How much I can borrow from Adiloans?</strong></h3> <p>Adiloans provide funding as follows:</p> <ol> <li>Personal Loan upto Rs. 2 Lacs.</li> <li>Business Loan and invoice funding upto Rs. 5 Lacs.</li> <li>Group Loan both buddy loan and saheli loan upto Rs. 20 Lacs.</li> </ol> <h3><strong>10. Is there any restriction on any community or society for taking loan?</strong></h3> <p>Adiloans does not believe in any community or society restrictions, we provide loans strictly based on individual profile and their business.</p> <h3><strong>11. How does my Eligibility decided?</strong></h3> <h3>Adiloans is a technology based Fintech&nbsp; lending company, it decide eligibility for its borrowers based on various parameters which includes credit history, social network, income and expenses patterns and growth prospectus of borrower.</h3>