Wednesday, November 30, 2022

Is your life become miserable because of EMI? We have a Solutions

 

Is your life become miserable because of EMI? We have a Solutions

Money protects Products that are very unique in the market. The product is designed in a way to fulfill the needs of People.

Fixed EMI for life allows the mortgage holder to pay fixed EMI on their mortgage, Retail or Corporate Loans other long-term 5-year plus tenure loans. This product is a type of Interest Risks mitigation solution to overcome interest rate/profit share variations over a long period of time. Loan holders can enjoy fixed EMI throughout the mortgage period till its maturity. Also, Fixed EMI for life can help mortgage holders from being exposed to interest rate hikes and making huge payments.

The process flow of Fixed EMI for Life is shown below.

• Money Protects will assist in retail swaps by signing a contract with any bank/s for this service, either individual clients or group of clients at a reduced premium.

• Consumers will select this service from our web portal by submitting details of the loan, pricing, and tenure. We will take the information and pass it to the bank/s for pricing and processing.

• Once confirmed customer will pay a prorated premium to the bank along with an upfront fees to us. The client’s EMI is fixed for longer tenure even 25–30 years.

• The customer will pay the agreed fixed EMI to the bank; in return, the bank will pay the customer’s floating interest for the entire period.

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