About Tamil Finance
Tamil Finance and Investments Pvt Ltd was established in 2011 under new management, located in Tambaram, Chennai-600 045 with all legal formalities in place. Our directors have extensive experience in the finance industry, and we have over a decade of experience serving customers, especially those who are unable to obtain bank finance.
Our company works with investor funds to maximize growth by granting secured loans to customers, contributing to the economic growth of our country. We provide loans to customers involved in self-emvployment, trading, manufacturing, retailing, wholesaling, professionals, real estate, service industries, and family requirements against mortgaging of securities.
At Tamil Finance and Investments Pvt Ltd, our vision is to become a trusted and reliable financial partner for our customers. We aim to provide transparent, flexible, and secure financial services that meet our customers' needs. We prioritize the customer's best interests and strive to build long-term relationships with them by offering personalized solutions.
Our mission is to provide our customers with transparent, secure, and flexible financial services that meet their unique needs and aspirations. We strive to offer financial solutions that enable individuals to achieve their goals while safeguarding their security. We grant loans to all types of customers, including self-employed individuals, traders, manufacturers, retailers, wholesalers, professionals, real estate agents, and service providers, among others, against the security of their assets. Our interest rates are fixed, and we use the diminishing method, similar to those of banks. We ensure that our loan processing, sanction, and disbursement occur within 15 days. Pre-closure charges apply only for 12 months, after which they are no longer applicable. Upon completion of loan documents, they will be handed over across the table.
Mortgage loans are provided under the EMI method, and loan repayment dates are fixed as per the customer's wish on 5, 10, 15, 20, or 25 of each month. Loans are sanctioned based on the customer's repaying capacity and secured against their immovable properties with a margin of not less than 40%. Processing charges of 2% on loans are subject to a minimum of Rs.5,000/-, including legal, inspection, and cancellation charges. Loans can be repaid through PDC, ECS, or auto debit. Non-compliance with agreed loan repayment schedules will attract loan repayment return charges of Rs.2,500/- per instance and penalty interest of 3% per month up to 3 months and 3.5% until it is updated without any due.
Board of Directors
Dr Mary Shamli.E