FAQs (Frequently Asked Questions)
- What types of loans does AMMA LoanMart offer?
We offer a wide range of loans including Personal Loans, Home Loans, Gold Loans, Business Loans, Vehicle Loans, Education Loans, Loan Against Property, and Consumer Durable Loans. Additionally, we provide insurance advisory and mutual fund services.
- How do I apply for a loan?
You can apply online through our website or visit any AMMA LoanMart branch. Our team will guide you through the documentation and approval process.
- What documents are required to apply for a loan?
Typical documents include ID and address proof (Aadhaar, PAN, Passport), income proof (salary slips, IT returns), bank statements, and property or vehicle documents, depending on the loan type.
- How long does loan approval take?
Approval time varies by loan type but most loans are processed within 24-72 hours after document submission.
- Can I repay my loan early?
Yes, AMMA LoanMart supports prepayment and part-payment options, often without penalties. Check your loan terms for specifics.
- Is gold loan available at all branches?
Gold loan services are currently available in select branches (Trivandrum, Palakkad, and Thrissur) and will expand soon.
- Do you offer insurance services?
Yes, we offer Health Insurance, Vehicle Insurance, Term Life Insurance, and Personal Accident Insurance plans with leading providers.
- Can I get help with mutual fund investments?
Absolutely! Our certified financial advisors assist you with mutual fund selections tailored to your financial goals.