BE SMART!
Take loan from formal institutions.
Here’s why you should seek credit from formal institutions:
- Banks and registered finance companies are regulated by RBI
- Grievance Redressal in case of non-adherence to fair practices
BE RESPONSIBLE!
Make sure you pay EMIs and dues on time.
Here’s how you can be a responsible borrower:
- Repay on time and build a good credit history
- Honour your commitment and build trust with your lending institution
BE WISE!
Borrow only as much as your ability to repay
Here’s how you can get the most out of your loan:
- Use the loan amount for the purpose for which it has been taken
- Monitor your dues and make timely repayments
Visit www.rbi.org.in/flw for more details
*Terms and conditions Apply. Contact your Bank for more details.