Our EMI facility with the 3/1 scheme offers a convenient and flexible payment option for our valued customers. The scheme allows customers to divide their payments into three equal installments for a hassle-free and manageable purchasing experience.
The customers are required to provide us with the following information –
1. Name
2. Mobile no. and email address
3. PAN and Aadhar card
4. Last 3 months salary slip, ITR and Bank Statement.
The purchase of a product will be finalized only after Liquiloans validates the customer’s information and issues a sanction letter for the same.
The payment process under the 3/1 scheme works as follows:
First Installment: At the time of invoicing, the customer is required to make the first installment payment. This initial payment is collected by us to initiate the purchase and confirm the order.
Note: Processing Fees of 1% of Invoice amount will be charged by Liquiloans, to be borne by the customer.
Remaining 2 EMI Installments: The subsequent two installments will be automatically deducted from the customer’s bank account on the 5th of the following two months. These deductions are made provided that the amount has been disbursed by the bank on or before the 25th of each month.
Customers are required to sign an E-mandate for the EMI.
Please note that the availability of the EMI facility and specific terms may vary depending on the product or service being offered and are subject to the customer’s eligibility as per Liquilioan’s policies.