Vistaar Bandhu Application is made available by Vistaar Financial Services Private Limited, having Registered Office at Plot No.59&60 - 23, 22 nd Cross, 29 th Main, BTM Layout 2 nd Stage, Bengaluru - 560076, Karnataka, India. Vistaar Bandhu is a customer servicing application. Customers who have already taken a loan from Vistaar can use this application to login using their registered mobile number and can see and track the status of their loans. Vistaar Financial Services lends only secured business loans ranging from 2 lakhs to 50 Lakhs and does not provide personal loans.
Customer can perform below action using this application
Login to Vistaar Bandhu using the mobile number already registered with Vistaar Financial Services.
Track the running loans
Make EMI payment for active loans
Raise queries/concern
Register their E-NACH for current active loans
Raise request to deactivate registered E-NACH/NACH. Refer a friend to Vistaar Financial Service
Loan amount: ₹2,00,000 to ₹50,00,000
Interest rates: 14.5% to 23.25% per annum
Tenure: 60 to 180 months
Processing fees: 2 - 2.5%
Maximum Annual Percentage Rate = 31%
Example
Loan Amount: ₹4,00,000
Tenure: 60 months
Interest Rate: 23.25%
EMI: ₹11,333.;72
Total Interest Payable :₹2,80,023
Applicable Charges : ₹20,292 ( Processing Fee = ₹11,800 , ICICI Insurance Fee : ₹5486 , Kotak Insurance Fee : ₹2308 , Document Handling charges = ₹698 )
Total Amount Payable: ₹11,334 x 60 months = ₹6,80,023.2
Total Cost of the Loan =Interest Amount + Applicable Charges = ₹280023 + ₹20,292 = ₹3,00,315
Disbursed Amount: ₹400,000 - ₹20,292 = ₹379708