Disclaimer
"Please note that under no circumstances ' Reliance Commercial Finance Limited 'RCFL' shall have any liability towards you for any loss or damage of any kind incurred as a result of any individual/ corporations etc, acting/ falsely alleging to be an agent / employer for RCFL by usage of the name, documents or website of the Company with an intention to defraud , misrepresent or cheat. "
COVID-19, Announcement & Moratorium
The Coronavirus pandemic has impacted our lives. At this extraordinary time, we at Reliance Commercial Finance Ltd. (RCFL), are committed to stand in solidarity with our customers to help them tide over the crises. At RCFL, the safety and wellbeing of our customers, employees and partners is of utmost importance to us.
In view of Coronavirus outbreak and as a safety measure, we would like to inform you that our Call Centre & Branches across Mumbai, Thane, Delhi, Chennai & Nagpur are closed till further notice
Customers are requested to use our online channels for payments or requests. You may do the payments thru NEFT/RTGS/IMPS in our BOB A/C. Details of the account are:
Payee Name: Reliance Commercial Finance Ltd.
A/C No: 04240200008206
Bank Name: Bank of Baroda
IFSC Code: BARB0THANAX (5th character is zero)
Branch: Thane
Once the amount is transferred to BOB A/C, please forward (SMS or Whatsapp) the UTR details, your loan a/c no. & your name to us on 8291003070.
EMI/ Interest Moratorium as guided by RBI:
As an immediate measure, which is also in line with the RBIs Covid-19 relief package, we are offering our term loan customers an EMI moratorium and moratorium for the interest payable on working capital facilities.
Please note that, this is only a deferment of EMIs/ interest and not a waiver. The unpaid EMIs/ interest for the period of moratorium availed, shall be payable by you along with interest accrued during the moratorium period and balance EMIs payable after the end of moratorium period.
We would also like to inform you that availing the moratorium will increase the total interest outflow in absolute terms for your loan.
The moratorium will be applied to all customers who do not pay all/ any part of Instalments/Interest falling due during moratorium period besides customers who are sending specific requests. If you do not wish to opt for moratorium, you are requested to clear/ pay your EMIs/ Interest on schedule.
Please click here for FAQs on Moratorium. We would request you to please read through the FAQs before opting for Moratorium.
If you wish to apply for a moratorium then please click here.
You may also register your request by visiting our self-reliant portal https://selfreliant.in or by sending an email at customercare@reliancecommercialfinance.com.
If you place your request through the above links OR by sending an email at customercare@reliancecommercialfinance.com through your registered email ID at least 3 days prior to your EMI cycle date, we will stop banking your EMI due. Once the request for moratorium benefit is placed, moratorium benefit will be provided for all future EMIs which are falling due before 31st August 2020 and subject to successful verification and processing.
In case of any further requests or queries, you may write to us at customercare@reliancecommercialfinance.com. There may be a delay due COVID-19 effect, but we assure you that we would take care of your transactions as soon as possible.
Please stay safe and take care of yourself and your family.
Thank you for your support and understanding.
Regards
Reliance Commercial Finance Ltd.
Customer Stories
Read, what our customers think about us
When Securens Systems Pvt. Ltd., a Mumbai based security services company came to us, they were new in the business. Yet, the company showed immense potential to grow into a successful enterprise. So our team took the call to go ahead and process their loan application. Rest as they say is history. Today, Securens Systems is one of the biggest players in the security products segment with a host of private banks as their clients. Needless to mention, they have since become one of our valued customers.
SECURENS SYSTEMS PVT. LTD.
Security Services Company
When Laxman Kaluji Paliyar approached us for a construction equipment loan, he was doing sand transportation on a donkey along with some small construction and digging work, using old conventional equipment. He had no CIBIL record or credit history and his kaccha house was his only asset. However, our team realised that Laxman had in-depth knowledge of construction equipment machinery. Finally after checking in with the references Laxman had furnished, his loan was disbursed. Today, Laxman resides in a plush bungalow and owns 5 construction equipment machines. Not just that, he has also helped his brother set-up his own business. Laxman has since become not only our valuable customer, but a member of our growing family too
LAXMAN KALUJI PALIYAR
Construction Equipment Owner
When Manzhar Hossain Khan approached us for a loan, he was running his business of land cutting and land development. Although he was into this business for more than 5 years, he was unable to become the ‘big entrepreneur’, that he always dreamt of. Our team understood the future business opportunity in the nearby developing areas. They were also impressed by Manzhar’s hard work and eventually sanctioned the loan. Over the years, our relationship has only grown from strength to strength and Manzhar continues to be one of our most valued customers
MANZHAR HOSSAIN KHAN
Construction Equipment Owner
Vijay applied for an LPK 909 Tipper loan with us. He was an FTU (First Time User) customer with no commercial license or repayment history. However, he had in-depth knowledge about deployment of the asset, its viability, and he also had a substantial margin in the asset. Our team collectively took a call and processed Vijay’s loan application. Today, with the profits he has made with the asset, he soon plans to purchase another tipper and grow his business.
VIJAY SINGH
Commercial Vehicle Owner
Sunita ran her own tailoring business from a tiny 80 sq.ft shop. In spite of their financial hardships, she and her husband, an auto rickshaw driver, never compromised on their children’s higher education. When Sunita approached our team for her first ever home loan, they appraised her not just on the basis of her earnings and savings, but also on the strength of her character. And their assessment turned out to be precise. Today, Sunita is one of our valued customers, living in her long cherished dream home.
SUNITA PRAKASH SHELKE
Tailoring Shop Owner
When Vimal approached us for a home loan, he had been running his dry-cleaning business for 20 years. However he had never filed an IT return for the same. It was then that our team took it upon themselves to help Vimal realise his dream. They structured the case by considering his pension and rental income as his normal business income and helped acquire the loan. Today, Vimal is a proud home owner and one of our valued customers.
VIMAL DAGDUJI SANGLE
Dry-cleaning Shop Owner