Here below you can check the details regarding Money Lending License service (Delivered through Meeseva centres).
Citizens’ Charter – List of Services (Delivered through Meeseva centres)
Revenue Citizen Charter – Mandal Level Service
Money Lending License
The service Money lending is a process of offering an amount as loan to the needy at certain rate of interest.
The money lender has to have license from the Government for carrying out the lending money business
CAT : B
Document Required :
1. Application Form
2. National Saving certificate for Rs 10000/- in the name of Applicant/firm
3. Address Proof
4. Pan Card
5. Copy of Attested Property Documents
6. Bank A/C Statement of above 6 months with min Balance of Rs 100000/-
7. Affidavit
8. Scanned copy of passport size photo
9. Copy of firm registration
10. Copy of lease/Rental document.
Competent Authority : Collector in Hyderabad and Tahsildar in other Districts
SLA I : Fresh – 45 Days; Renewal – 30 Days
Appellate Authority : RDO
SLA II : 45 days
Service Charge : 35/-
Statutory Charges : Fresh – 1000/- , Renewal – 750/-
Total (Rs) : Fresh – 1035/-, Renewal – 785/-
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