Salam loans to help EBC people

Mumbai, MAY 11: A good news for young people who want to start their own business with a low capital. Tata Capital has launched Salam loans. The details are as follows...The loans are given are to persons who belong to who are poor, low-income groups. The Company MD Praveen Kadle, said that these new Loans will be given to individuals who don t have access to credit from the banks.The details of the new loans are as follows * The loan will be given to people whose annual income is less than RS 3 lakhs.* The applicant must mention the purpose of taking loan* The applicant s information would be uploaded on the website www.doright.in and the details will be displayed in all social media for 3-4 weeks.* If the netizens think applicants are eligible for loan netizens will send Salaam by liking the application.Based on the total votes received the tata capital will process the application and issue loans. The main advantages for applicants are* The interest rate is low as compared to banks.* No Sybil score is required to take loans.* No guarantee is required.Finally, netizens get ready to help others by sending salaam.