Beti Bachao Beti Padhao

M/s In-Cred Financial Services Ltd

Bank has entered into an agreement with M/s In-Cred Financial Services Ltd (IFSL) under Co-Lending Model (CLM) for providing immediate & hassle free credit facility to eligible Education Loan Borrowers.

The company was originally incorporated in January 1991 and got registered with RBI in August 2000, is an online integrated lending platform to facilitate digital lending. The company is headquartered in Mumbai with its registered company address at : Unit No. 1203, 12th floor, B Wing, The Capital, Plot No. C - 70, G Block, Bandra - Kurla Complex, Bandra East, Mumbai - 400 051. The IFSL’s digital lending platform, encompasses end to end loan processing cycle (Origination, Underwriting, Disbursement, Monitoring and Collection) with automation of major processes.

Sr. No

Particulars

Information

01

Product Name

Unsecured EDUCATION LOANS (RETAIL)

02

Quantum of Loan

Loan up to Rs. 7.50 Lakhs as Bank’s share on unsecured basis per Obligor

03

Repayment Tenure

Up to 15 years including moratorium

04

Pricing

Linked to RLLR

05

Repayment Mode

EMI

Contact Details for Customer grievances:

  • M/s In-Cred Financial Services Ltd (IFSL)
  • Customer Service E-mail : care@incred.com
  • Customer Service Phone No: 18001022192

  • Bank of Maharashtra
  • Customer Service E-mail : agmcustomerservice@mahabank.co.in
  • Customer Service Phone No: 020-24504211, 24504228, 24504230, 24504234