Don't provide your assets as mortgages for personal loans Personal loans at Cooperatives Fincare Pvt. Ltd. are 100% collateral-free, irrespective of the purpose of the loan. We rely on rigorous credit evaluation for loan approval rather than mortgaging borrowers’ assets. For example, usually, a creditworthy borrower gets a gold loan at about 24% - 26% interest rate despite mortgaging gold as collateral. We, on the other hand, provide unsecured collateral-free personal loans and that too at lower interest rates. We want our borrowers to enjoy their assets which they have purchased with their hard-earned money. We make sure that you don’t miss a chance to flaunt your gold jewelry before your relatives, friends, and acquaintances.

Borrowers who do not have adequate assets to mortgage because of various reasons are forced to go to loan sharks and borrow at 40% - 100% per annum. We help them borrow collateral-free loans at a reasonable interest rate.

We don’t follow a one-size-fits-all approach while pricing loans. Our borrowers get loans at an interest rate that is in line with their credit profile, and collateral doesn’t have any role.