KR RM Ramasamy Pte Ltd Licensed Money Lender has been a reliable financial service provider in Singapore since 2010. Located in Serangoon Road, this company offers diverse loan products, including personal, payday, and business loans, which cater to the needs of citizens, permanent residents, and foreigners with valid work passes.
KR RM Ramasamy Pte Ltd is known for its professionalism and licenced operations. Their services are tailored to provide quick and efficient financial solutions. You’ll find their lending options flexible, which makes them a favoured choice among borrowers in Singapore.
As a licensed moneylender, KR RM Ramasamy ensures that the lending process follows strict regulations. This assures you of dealing with a credible and trustworthy institution, helping you make confident financial decisions.
Key Takeaways
- KR RM Ramasamy offers various loan products in Singapore.
- This moneylender is located on Serangoon Road and serves citizens, residents, and foreign workers.
- Licensed and professional, ensuring a secure borrowing experience.
About KR RM Ramasamy Pte Ltd Licensed Money Lender
KR RM Ramasamy Licensed Money Lender is known for providing a range of loan services in Singapore. It caters to citizens, permanent residents, and foreigners with valid work passes.
Company Details
KR RM Ramasamy was incorporated on 9 June 2010. It is a fully licensed moneylender headquartered in Farrer Park, Singapore. The company offers various loan services, including personal, payday, business, and education loans. They also aim to support individuals and businesses with their financial needs.
The company holds a license issued by the Ministry of Law in Singapore, ensuring they operate within legal guidelines. Their professional service and compliance with local regulations make them a reliable choice for anyone seeking financial assistance.
| Website | N/A |
| License No | 141/2023 |
| Address | 238A, SERANGOON ROAD, SINGAPORE 218085 |
| Phone | 62925506 |
Loan Products
KR RM Ramasamy Pte Ltd Licensed Money Lender offers a variety of loans to cater to different financial needs. These include business, payday, education, and personal loans. Below, you will find more details about each loan type, explaining their specific features and benefits.
Business Loan
Business loans from KR RM Ramasamy are designed to support small and medium-sized enterprises (SMEs) in Singapore. If you’re looking to expand your operations, invest in new equipment, or manage cash flow, this loan can be a great option.
Key Features:
- Flexible Loan Amounts: Suitable for various business needs.
- Competitive Interest Rates: Helps manage costs effectively.
- Quick Approval: Ensures timely access to funds.
Applications are straightforward, and you can use the loan for different purposes like inventory purchase, marketing, or scaling operations. KR RM Ramasamy aims to support the growth of your business by offering tailored financial solutions.
Education Loan
KR RM RAMASAMY Licensed Money Lender offers tailored education loans to help students achieve their educational goals. Committed to providing accessible and affordable financial solutions, they ensure a smooth and hassle-free path to education.
Key Features:
- Flexible Loan Amounts: For tuition, textbooks, accommodation, and more.
- Repayment Terms: These are provided in flexible schedules and early repayment without penalties,
- Quick Fund Disbursement: Hassle-free fund transfer to the borrower or directly to the institution.
You are always on the right track when you choose higher education You can focus mainly to achieving your academic ambitions. And with KR RM RAMASAMY Licensed Money Lender education loans, all these goals are within reach,
Payday Loan
If you need short-term financial assistance, a payday loan from KR RM Ramasamy could be the answer. This loan is ideal for covering unexpected expenses before your next payday.
Key Features:
- Quick Processing: Funds are available within a short period.
- Short Repayment Period: Typically repaid by next payday.
- Easy Application: Simple and hassle-free process.
These loans are perfect when you face urgent financial needs, such as medical bills or sudden repairs. With straightforward terms and quick access to cash, you can manage emergencies without stress.
Personal Loan
Personal loans at KR RM Ramasamy offer flexibility to meet various individual needs. Whether you need to fund a holiday, pay for education, or consolidate debt, this loan can help.
Key Features:
- Versatile Usage: Can be used for numerous personal expenses.
- Fixed Monthly Payments: Makes budgeting easier.
- No Collateral Required: Unsecured, based on your creditworthiness.
The application process is designed to be user-friendly, and you can choose repayment terms that fit your financial situation. With transparent terms and competitive rates, these personal loans provide the financial assistance you need with confidence.
KR RM Ramasamy is committed to providing financial solutions that are tailored to your specific needs, ensuring that you can find the right type of loan for any situation you face.
Reviews
You’ll find that KR RM Ramasamy Pte Ltd Licensed Money Lender is well-regarded by many customers. People appreciate their range of services, from personal and payday loans to business and education loans.
Positive Aspects:
- Variety of Loans: They offer personal, payday, business, and education loans.
- Licensed and Legal: Operating with a proper licence ensures you’re dealing with a legitimate lender.
- Easy Access: They cater to citizens, permanent residents, and even foreigners with valid work passes.
Customer Feedback: Many users highlight the friendly and professional customer service. The staff are described as helpful and knowledgeable, guiding you through the loan process smoothly.
Here’s a summary of common compliments:
- Clear Explanation of Terms: Customers often mention how terms and conditions are clearly explained.
- Quick Approval: The approval process is noted for being fast and efficient.
- Flexible Repayment Plans: Borrowers appreciate the flexible repayment options offered.
Ratings:
| Criteria | Rating |
| Customer Service | ⭐⭐⭐⭐⭐ |
| Approval Speed | ⭐⭐⭐⭐⭐ |
| Loan Flexibility | ⭐⭐⭐⭐ |
| Overall Satisfaction | ⭐⭐⭐⭐⭐ |
You can feel secure knowing you’re choosing a reputable lender. Many borrowers are satisfied with the professionalism and efficiency at KR RM Ramasamy Pte Ltd.
Frequently Asked Questions
KR RM Ramasamy is a licensed moneylender offering a range of loans tailored to different needs. Here are some common questions about their services and the loan process.
What experiences have others had with KR RM Ramasamy as a money lender?
Many borrowers appreciate the professional service and straightforward loan application process. Clients have noted that the team is helpful and provides clear information about loan terms.
How does the safety of borrowing from licensed money lenders compare to banks?
Licensed moneylenders like KR RM Ramasamy are regulated by the Ministry of Law in Singapore. They follow strict guidelines to protect borrowers, ensuring a safe and legal lending process. Banks, while also regulated, may offer larger loans but can have stricter criteria.
What are the key factors to consider before choosing a licensed money lender?
Before choosing a moneylender, check their license status on the Ministry of Law’s website. Evaluate their interest rates, loan terms, and any additional fees. Also, consider reviews and feedback from other borrowers to get a sense of their reliability and customer service.
Can someone detail the loan application process with KR RM Ramasamy?
The process generally starts with an online or in-person application. You’ll need to provide personal identification, proof of income, and other relevant documents. The team will review your application, and if approved, you’ll receive the loan terms. Once you agree, the funds can be disbursed quickly.
What are the typical interest rates charged by licensed money lenders?
Interest rates for licensed moneylenders in Singapore can vary, but they are capped by regulations to prevent excessive charges. It’s crucial to discuss the exact rate with KR RM Ramasamy during your application process to understand your financial commitments.
How do I verify the legitimacy of a licensed money lender’s credentials?
You can verify the legitimacy of any licensed moneylender by checking the Registry of Moneylenders on the Ministry of Law’s website. This ensures that the moneylender is authorised to operate and follows the necessary legal requirements.
Disclaimer: The information presented in this article is based on online resources in Singapore. To ensure you have the most current details, we recommend checking with relevant Singaporean authorities or organizations. If you notice any discrepancies, please let us know so we can keep everything up-to-date.