{"id":28,"date":"2025-04-29T08:17:23","date_gmt":"2025-04-29T08:17:23","guid":{"rendered":"http:\/\/rajputfinance.com\/?page_id=28"},"modified":"2025-06-09T13:14:36","modified_gmt":"2025-06-09T13:14:36","slug":"vigil-mechanism-policy","status":"publish","type":"page","link":"http:\/\/rajputfinance.com\/index.php\/vigil-mechanism-policy\/","title":{"rendered":"Loan Policy"},"content":{"rendered":"[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.27.4″ background_image=”http:\/\/rajputfinance.com\/wp-content\/uploads\/2025\/06\/2-1.png” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text admin_label=”Text” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”-25px|||||” custom_padding=”0px||0px|||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]

Loan Policy<\/strong><\/span><\/h1>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”4px|||||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]

Objective<\/p>\n

The Loan Policy of Rajput Leasing and Finance Ltd. defines the guiding principles for sanctioning, disbursing, managing, and recovering loans in a fair, transparent, and responsible manner. The policy aims to:<\/p>\n

Ensure compliance with RBI and regulatory norms.<\/p>\n

Promote responsible lending and risk mitigation.<\/p>\n

Protect customer interest while maintaining asset quality.<\/p>\n

Provide clear, consistent, and fair loan processing procedures.<\/p>\n

 <\/p>\n

Scope<\/p>\n

This policy covers all types of loan products offered by the Company, including:<\/p>\n

Gold Loans<\/p>\n

Personal Loans<\/p>\n

Business Loans<\/p>\n

Secured and Unsecured Loans<\/p>\n

 <\/p>\n

Eligibility Criteria<\/p>\n

Eligibility for a loan is based on:<\/p>\n

Age (18 years and above)<\/p>\n

KYC compliance (PAN, Aadhaar, etc.)<\/p>\n

Income source and repayment capacity<\/p>\n

Credit history and profile<\/p>\n

Type of collateral (for secured loans)<\/p>\n

 <\/p>\n

Loan Appraisal & Sanction<\/p>\n

Loan applications will be evaluated objectively based on:<\/p>\n

Documentation submitted<\/p>\n

Verification of income, assets, and liabilities<\/p>\n

Risk grading and creditworthiness<\/p>\n

All sanctioned loans will be documented through a Loan Sanction Letter and a Loan Agreement, detailing:<\/p>\n

Loan amount<\/p>\n

Interest rate and type (fixed\/floating)<\/p>\n

Repayment tenure<\/p>\n

Security\/collateral (if applicable)<\/p>\n

Fees and charges<\/p>\n

 <\/p>\n

Disbursement Process<\/p>\n

Loans are disbursed only after:<\/p>\n

Completion of documentation<\/p>\n

Verification and approval by authorized officers<\/p>\n

Execution of loan agreement<\/p>\n

Disbursement may be done in cash, cheque, or bank transfer, depending on the product and applicable laws.<\/p>\n

 <\/p>\n

Interest Rates & Charges<\/p>\n

Interest rates are determined as per the Interest Rate Policy of the Company.<\/p>\n

All fees, including processing fees, prepayment charges, foreclosure charges, and penalties, will be disclosed upfront.<\/p>\n

 <\/p>\n

Repayment Terms<\/p>\n

Repayment schedules are agreed upon and mentioned in the loan agreement.<\/p>\n

EMI options, bullet payments, or flexible repayment plans may be offered based on loan type.<\/p>\n

Prepayment and foreclosure are allowed as per product-specific terms.<\/p>\n

 <\/p>\n

Collateral & Security<\/p>\n

For secured loans (e.g., gold loans), appropriate security will be taken.<\/p>\n

The valuation of gold or any other collateral will be done by authorized personnel.<\/p>\n

The pledged asset remains the property of the borrower until auction, in case of default.<\/p>\n

 <\/p>\n

Recovery & Delinquency Management<\/p>\n

Timely reminders are sent for upcoming payments.<\/p>\n

In case of overdue accounts:<\/p>\n

Recovery will be done ethically and legally.<\/p>\n

Borrowers will be given adequate opportunity before initiating legal action or auction of collateral.<\/p>\n

RBI\u2019s fair recovery guidelines will be followed strictly.<\/p>\n

 <\/p>\n

Auction of Secured Assets<\/p>\n

In case of default on secured loans (e.g., gold loans), the Company may initiate an auction process as per its Auction Policy.<\/p>\n

Adequate notice will be given before the auction.<\/p>\n

Any surplus amount from the auction will be refunded to the borrower.<\/p>\n

 <\/p>\n

Documentation<\/p>\n

The Company maintains proper records of:<\/p>\n

KYC documents<\/p>\n

Loan application<\/p>\n

Approval notes<\/p>\n

Agreement and repayment receipts<\/p>\n

Collateral details and auction records (if applicable)<\/p>\n

 <\/p>\n

Grievance Redressal<\/p>\n

A Grievance Redressal Mechanism is in place for handling complaints.<\/p>\n

Customer rights and contact details of grievance officers are displayed at all branches and on the website.<\/p>\n

 <\/p>\n

Policy Review<\/p>\n

This Loan Policy shall be:<\/p>\n

Reviewed annually by the Board of Directors.<\/p>\n

Updated to reflect changes in RBI regulations or internal risk management strategies.<\/p>\n

 <\/p>\n

Regulatory Compliance<\/p>\n

The policy adheres to:<\/p>\n

RBI Master Directions for NBFCs<\/p>\n

Fair Practices Code<\/p>\n

KYC and AML Guidelines<\/p>\n

Other applicable legal and statutory requirements<\/p>\n

 <\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"

Loan PolicyObjective The Loan Policy of Rajput Leasing and Finance Ltd. defines the guiding principles for sanctioning, disbursing, managing, and recovering loans in a fair, transparent, and responsible manner. The policy aims to: Ensure compliance with RBI and regulatory norms. Promote responsible lending and risk mitigation. Protect customer interest while maintaining asset quality. Provide clear, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-28","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/pages\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":5,"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/pages\/28\/revisions"}],"predecessor-version":[{"id":810,"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/pages\/28\/revisions\/810"}],"wp:attachment":[{"href":"http:\/\/rajputfinance.com\/index.php\/wp-json\/wp\/v2\/media?parent=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}