Activities auxiliary to financial intermediation, except insurance and pension funding. This Group includes activities involved in or closely related to financial inter-mediation other than insurance and pension funding but not themselves involving financial inter-mediation.
To act as debt recovery agents for bankers, financiers and financial institution, government and others and to recover money on their behalf by employing servants, agents, representatives and others, to recover money advance, amount, outstanding on credit card facilities and term loans and dues and other related activities.
To participate in government/ non-governmental/private organization banking and financial tenders contracts like -: customer service provider (csp), direct selling agent (dsa) IRDA Agent , Commission Agent.
A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest.
© 2022 Only Money Matters. Designed By Batechnology.org