An individual might have taken various loans over a point of time such as credit card loans, vehicle loan, home loan, etc. The monthly fixed commitments to be paid in this case might be a substantial portion of the income received which might leave the individual with very little or even nothing in hand. This situation does entail the individual to pay careful consideration to the way in which his borrowings ought to be structured. This product, helps the customer to restructure the current borrowings to ensure optimal restructuring of debt to maximise benefits and reduce financial burden.
Scope of Work
1. Receipt of customer satisfaction subsequent to Uploading the Opinion on Debt Restructuring by the professional shall constitute completion of service.
2. The professional would only provide an opinion on debt restructuring based on the facts and circumstances provided by the customer. The professional will not be incharge to carry out the transactions of the customer and take decisions on behalf of the customer.
3. Estimated time for completion of service may vary subject to logistics, request for changes from the client and scrutinising of documents in preparing the draft.
4. Working days excludes Saturdays, Sundays and Public Holidays.
5. Execution of service shall be carried out only on TIMI platform.