Frequently asked questions

No. Abhigamyah Fins (OPC) Pvt. Ltd. is a loan consultancy. We help you understand options, prepare documentation and approach suitable lenders. The lender alone decides approval, amount, interest rate and terms.

No. Nobody other than the lender can decide on a loan. Be cautious of anyone who promises guaranteed approval or asks for upfront payment in exchange for it.

Any consultancy fee applicable to your case will be explained and agreed in writing before we begin work. We never ask you to pay a lender's charges to us personally.

MSME owners, entrepreneurs, manufacturers, traders, proprietorships, partnerships, LLPs, private limited companies and individuals seeking relevant loan services. We also work with referral partners such as CAs and business consultants.

Yes. We explain how the scheme works, check whether your profile appears to fit the published criteria and help prepare documentation. Sanction is decided by the implementing agency and the lender.

We collect only what is needed to respond to your enquiry, transmit it over encrypted connections and do not sell your data. See our Privacy Policy for details.

Yes. Our website is available in English and Hindi, and our team can assist you in either language.

Some lenders offer collateral-free loans to eligible micro and small enterprises, often backed by the CGTMSE credit guarantee. Whether this is available depends on the lender's assessment of your profile.

No. We are a consultancy. The lender alone decides approval, amount, interest rate and terms after its own assessment.

Udyam registration is required for MSME classification and most MSME-linked benefits. We can explain the process if you are not yet registered.

Both are running limits. CC is typically secured by stock and receivables and linked to a drawing power; OD is often secured by property, fixed deposits or other assets. Specific terms vary by lender.

Usually interest is charged on the amount utilised, though lenders may levy commitment or renewal charges. Check the sanction letter for exact terms.

For most term loans and all scheme-linked project loans, lenders expect a project report showing costs, funding and repayment projections. We can guide you on its structure.

It is the share of the project cost that the promoter contributes from own funds. The required percentage depends on the lender and, where applicable, the scheme.

Lenders typically lend a percentage of the property's assessed market value (loan-to-value), subject to your income and their policy. The exact figure is decided by the lender after valuation.

Yes, you continue to own and use the property; the lender holds a charge on it until the loan is repaid.

No. Interest rates and all terms are set by the lender. We help you understand and compare the offers you receive.

Many lenders allow co-applicants, which may improve eligibility. Lender rules on co-applicants and co-ownership vary.

A formal application usually results in a lender credit enquiry. We recommend approaching only lenders that suit your profile rather than applying widely.

Any consultancy fee, if applicable, will be communicated to you in writing before we begin. Lender fees are separate and set by the lender.

No. A BG is a non-fund based commitment; money flows only if the guarantee is invoked. Lenders still assess it like a credit facility and charge a commission.

No. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing.

No. The borrower applies to a member lending institution. The lender seeks the guarantee cover from CGTMSE.

No. The loan carries interest set by the lender, and an annual guarantee fee applies as notified by CGTMSE.

The core PMEGP scheme is for new units. A separate second-loan component for upgradation of existing PMEGP units has been available, check the official portal for current rules.

No. The margin-money subsidy is routed through the financing bank and adjusted as per scheme guidelines.

No. MUDRA loans are given by member lending institutions such as banks, NBFCs and MFIs. MUDRA Ltd. refinances these lenders.

MUDRA loans are generally extended without collateral, with credit guarantee support available to lenders. Final terms are set by the lender.

Stand-Up India is intended for greenfield enterprises, the first venture of the beneficiary in the manufacturing, services, trading or agri-allied sector.

A project generally cannot receive subsidy under two schemes for the same purpose. Choose the scheme that best fits your profile; we can help you compare.