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Welcome to Mantra Finance Services

Group Loan

Mantra Finance Services understands the power of collaboration. That's why we offer Group Loans, a flexible and convenient way for you and a group of people to access the funds you need.
Benefits of Group Loans with Mantra Finance Services:
Strength in Numbers: Share the responsibility and potentially qualify for better loan terms with a group application.
Simplified Process: Apply together, with less paperwork required for each individual.
Flexible Options: Choose a loan amount and repayment plan that suits your group's needs.
Mantra Finance Services Group Loans are Perfect For:
Consolidating Debt: Combine individual debts into one manageable loan with a lower interest rate.
Funding a Business Venture: Team up with your partners and get the capital you need to start or grow your business.
Financing a Large Purchase: Share the cost of a major expense, such as a down payment on a property or equipment for a business.
Unexpected Expenses: Cover unforeseen costs together, reducing the burden on each individual.

Required Documents
  • 5 Photographs
  • Address Proof
  • I.D. Proof
  • 2 Stamp Paper of Rs.50/- in favor of the Applicant.
  • Bank Statement of last 3 months
  • R.O.I 6.25%
  • File Charge Rs. 4550/
Types of Guarantor
  • Government Guarantor
  • Private Limited Guarantor
  • Property Guarantor
Valid Documents as Address Proof
  • Rashan Card
  • Electricity Bill
  • Mobile Bill
  • Land Line Bill
  • Passport
  • Mool Niwas Patra
  • House Tax Slip
  • Water Bill
  • Gas Bill etc.
Required Documents of Guarantor
  • 5 Recent Photographs
  • Address Proof
  • ID Proof
  • 7 Stamp Papers 50-50 Rs/-
  • Bank Details
  • Property Documents (in case of property guarantor)
  • Last two month of pay slip & last three month bank statement (in case of govt/pvt)
  • Last two year statement of I.T.R (in case of I.T.R Guarantor)
Valid Documents as I.D. Proof
  • PAN Card
  • Voter Card
  • Driving License
  • Job Certificate (at present) issued from company in which Applicant Working
  • College Identity Card Etc.