Naanayam Business Development Finance Pvt Ltd., 26/49, 1st Floor, New Fathima Nagar, Vilar Byepass Road, Thanjavur – 613006 +91 73971 83123
1) How is loan eligibility calculated?
It is calculated based on the repayment capacity of the individual. Income level and the number of income sources in the family. Greater the income source, better the eligibility.

2) What are the types of loans available?
Three types of loans are available in Naanayam
  • Business Loan
  • Personal Loan
  • Micro-Loan for Women

3) What are the minimum and maximum limits provided?
Business Loan – Rs.20,000 to Rs.2,00,000
Personal Loan - Rs.20,000 to Rs.2,00,000
Micro Loan for Women – Rs.5,000 to Rs.20,000

4) What is the maximum tenure period?
The tenure period is calculated based on the income level of the individual and can be negotiable.

5) How long will it take to disburse the loan?
Once the verification process is completed which will be quick, the loan will be disbursed exactly within the period of a week’s time.

6) What are the eligibility criteria required for a business loan?
  • Both Male & Female candidates can apply.
  • Age preferred – 20-50 years.
  • Good health condition.
  • Own house mandatory.
  • Minimum 2 income sources in the family.
  • 3 years of prior experience in any business.

7) What documents do I require to avail a business loan?
  • Bank statement (1 Year statement reflecting the cash flow of the business)
  • House Tax & EB Bill
  • Passport Size Photo
  • Aadhaar Card
  • Ration Card
  • Photo of Business Premises

8) What are the eligibility criteria required for a personal loan?
  • Both Male & Female candidates can apply.
  • Age preferred – 20-50 years.
  • Good health condition.
  • Own house mandatory.
  • Minimum 2 income sources in the family.

9) What documents do I require to avail a personal loan?
  • Bank statement (1 Year)
  • Salary Slip (6 months)
  • House Tax & EB Bill
  • Passport Size Photo
  • Aadhaar Card
  • Ration Card
10) What are the eligibility criteria required to acquire micro-loans for women?
  • Only Female candidates can apply.
  • Age preferred – 20-50 years.
  • Good health condition.
  • Own house mandatory.
  • Minimum 2 income sources in the family.

11) What documents do I require to avail of micro-loan for women?
  • House Tax & EB Bill
  • Passport Size Photo
  • Aadhaar Card
  • Ration Card

12) Can prepayment be made for the loan?
Payments can be made as per the schedule mentioned while availing the loan and prepayment of the loan is not possible.

13) Will a change of job affect my personal loan?
No, the borrower can have the flexibility of switching jobs. But, he/she has to notify the company duly before making such one.

14) How to get the loan application form?
Interested people can contact the office during the working hours or field officers and intimate them to get an application for a loan.

15) Do I need security for collateral or guarantors to avail a loan?
No, Security is not required as collateral for any loan type. In families with working children, son/daughter will be required to sign as guarantors.

16) What are the repayment options available?
Repayment can be either remitted to company A/C or can also be easily made to field officers with the receipt as proof.

17) Can I avail of a loan anywhere in Tamilnadu?
Loans can be availed in major cities throughout Tamilnadu by visiting the respective offices.

18) Can I avail the loan, even if there is an existing one with other lenders?
Yes, even though if the customer has outstanding loans with other lenders, they can apply for a loan at Naanayam. But the combined net income level of the family should be in a position to support on-time repayment. Better the income level, you can obtain the loan.

19) I have queries, how to clear them?
Queries are our first priority. Any queries can be cleared instantly with the office contact numbers or through e-mail.

20) Can I pursue a career at Naanayam?
At Naanayam talents are valued more and people with them can apply for jobs. For further clarification, visit the careers page.