money lending licence money lending licence

1 year ago

how to apply for money lending licence in kolkata

Anik

Responded 1 year ago

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A.Hello,
Procedure
This procedure explains various ways to Apply for Money Lender (Loner) Licence in Kolkata.
Those who wanted to start a money lending business should have to apply for a money lender licence to carry on business of money lending.
Apply In-Person
To apply, the eligible person has to apply with required documents to the registrar of money lending license designated to process the request.
Please go to your local administrative department to find the contact details of the respective authority.

Please go to the respective office. Consult with the respective authority about the updated information to acquire the license.
Get the form for this license or write on a plain paper as advised.
Submit the completed application along with required documents to the receiving authority.
Authorities after checking the application and documents will make entries at the respective register and provide applicant a record number for reference.
Keep it safe for future reference.
This application will be processed further.
If the applicant’s details are matching the norms and the place for which license sought is also approved, applicant gets intimation for the rest of the process.
Please follow the department’s guidelines in getting the sanction and obtain license.

Note:
All applicant has to follow the respective state money lenders act rules and regulations.
The Interest rate and tenure for the loan should be fixed as per state government norms.
Link for Act :link

Required Documents

Application form.
Identity proof.
Ration Card
Bank account details
Address of the shop or business (proof of address)
Fees paid details (Challan and details)
Education details
Residential Proof: Residential Certificate issued by Local administration office/ Aadhar card / Passport / Driving License / Ration Card / Govt. Id card / Defence ID Card / PAN Card.
Age proof (birth certificate / school certificate)
Applicant passport size photograph.
Aadhaar card
Affix stamp as advised by authorities if required.
Note:
All original and copy of original with self attestation as advised by respective authorities to be submitted as per requirement.
Apart from the above documents authorities may ask to submit additional information or documents. Please provide them for processing.

Office Locations & Contacts

Municipal Service Commission,
149, ACHARYA JAGADISH CHANDRA BOSE ROAD
KOLKATA - 700 014
ENQUIRY NO. - 033 2286 0052
Contact Link: link
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