Glad to answer some of the most common questions

Frequently asked questions

How do I generate inquiry about Loan Against Property?

All you have to do is simply fill in the form at contact us page or you can drip us an email with your query at ask@truemoneymitra.com We will revert on your query within 24 hours. You can also call us on 0253 2471 339 | 2471 769

How is TrueMoneyMitra beneficial to me instead of going to a bank?

At TrueMoneyMitra, you can be assured to get the best advice on any type of borrowing requirement. We are experts with more than 15 years of experience in the industry. We are also associated with many bank so that you get the best possible loan options.

How long does it take to get an unsecured loan sactioned?

Unsecured loans are easily available for those who own a business and have been running it for past 3 years. The loan disbursement time usually depends on the loan amount and the documents produced by the applicant. However, you can be assured that our team of experts can speed up your case to reduce the overall time of processing. Write to us for more information on ask@truemoneymitra.com

Do you offer Balance transfer of Home Loans? How do I evaluate if my current loans provider is not charging me extra?

Please write to us about your current loan amount and other details and send it to ask@truemoneymitra.com Our team will assess your case and will prepare a comparison report which you can check and take a call on transfering your balance to another bank that offers lesser interest rates. Yes, we help many of our customers to transfer their existing loan amount to another bank and save a lot of money in the long run.

Can I use the loan amount for any other purpose?

No, you cannot use your loan amount for any other purpose that it was initially intended for. If you have taken loan amount for business purpose, you cannot use it for personal use or any other reason apart from business.

What documents do I need to submit?

For business purpose loans you would need documents that can verify your Identity and permanent residence like Aadhar Card, Passport. You would need to submit a copy of Pan Card along with your bank statement of last 6 months. You must also submit P&L statement of your business.

Do I need to give any collateral for the loan?

There are two types of Loans Secured and Unsecured. Secured loans can be used for many reason including personal reasons like Child's marriage, Child's education, Medical treatment or even Foreign trip. At the same time, it can also be used to setup new business or expand existing one. Under secured loan, one has to produce collateral in the form of house/Land. The other type of loan is Unsecured Loan which is largely used for business purposes where the requirement is for a very short term. In this case one does not need to produce any collateral. However, the interest rate on this loan is higher than compared to Secured loan.

What are the various loan solutions that TrueMoneyMitra offers?

We offer various loan types with top class service and multiple bank options under one roof. Following are some of the offered loans and services • Home Loans • Secured/Unsecured Loans • Machinery/Equipment Loans • Corporate Loans To know more, please talk to our executive today Call us today at 0253 606 2233 or email us at ask@truemoneymitra.com

If you have a question you want to ask, please fill in the details below and we shall respond to you at the earliest. 


Borrowing Solutions Simplified!
306, Business Court, 3rd Floor, Ring Road, off Jogging Track,
Govind Nagar, Nashik - 422009 

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