If you’re looking for a trustworthy moneylender in Singapore, Periakaruppan Chettiar Pte Ltd might be the right choice for you. Known for being a credible and licensed moneylender, Periakaruppan Chettiar is an exempt private company that offers low-interest rate personal loans. Established on 7 January 2019, this company has quickly built a reputation for reliability.
Periakaruppan Chettiar Pte Ltd is located at 77, High Street, in High Street Plaza, Singapore. They focus on providing financial solutions that meet the needs of their clients. Borrowers have shared positive reviews, praising the company’s straightforward loan processes and customer service. The company’s contact number is 66816494, making it easy to reach out for more information.
With Periakaruppan Chettiar, you can expect a friendly and professional experience. Whether you need funds for a new car, business, or other personal expenses, this licensed moneylender offers a variety of options that might suit your financial situation.
Key Takeaways
- Periakaruppan Chettiar is a trusted, licensed moneylender in Singapore.
- Positive reviews highlight their reliable service and customer satisfaction.
- Conveniently located at High Street Plaza with easy contact options.
About Periakaruppan Chettiar Pte Ltd
Periakaruppan Chettiar is a reputable moneylender in Singapore, known for providing flexible payment plans and fast loan applications. The company caters exclusively to Singapore residents.
Company Details
Name: Periakaruppan Chettiar Pte Ltd
Inception Date: 7 January 2019
Business Type: Exempt Private Company Limited by Shares
Principal Activity: Moneylending
Located at High Street Plaza, Periakaruppan Chettiar has built a strong reputation for its quick loan processing times and tailored financial solutions. The company has been serving the community since 2019, offering reliable lending services to residents. They operate under strict regulations to ensure safe and trustworthy transactions.
| Website | https://periakaruppanchettiar.com.sg/ |
| License No | 64/2024 |
| Address | 77 High Street, #09-15 Singapore 179433. |
| Phone | 66816494 |
Reviews
Reading reviews about Periakaruppan Chettiar can provide you with valuable insights. Here are some highlights from customer feedback:
Customer Service
Many borrowers appreciate the friendly and professional customer service. They feel supported throughout the loan process.
People often mention favourable interest rates. The rates are competitive, making it easier for borrowers to manage repayments.
Loan Approval
Customers highlight the speedy loan approval process. Applications are processed quickly, which is ideal if you need funds urgently.
Location
The convenient location at 77, High Street, #09-15, High Street Plaza, Singapore makes it accessible for many.
Website
The company’s website is user-friendly. Borrowers find it easy to navigate and locate the information they need.
Contact Information
- Phone: 66816494
- Address: 77, HIGH STREET, #09-15, HIGH STREET PLAZA, SINGAPORE 179433
Before you decide, read plenty of reviews to get a well-rounded view.
Frequently Asked Questions
Here are some common questions that people ask about Periakaruppan Chettiar Licensed Money Lender. This will help you understand their services better.
What are the typical interest rates charged by licensed moneylenders?
Licensed moneylenders in Singapore can charge interest rates of up to 4% per month. This rate applies regardless of whether your income is high or low. Remember to check the exact rate offered to you before agreeing to a loan.
How does one verify the legitimacy of a licensed moneylender?
You can verify the legitimacy of a licensed moneylender by checking the Registry of Moneylenders under the Ministry of Law’s website. Look for Periakaruppan Chettiar Licensed Money Lender in the list to ensure they are legally operating.
What are the benefits of choosing a licensed moneylender over an unlicensed one?
Choosing a licensed moneylender ensures you are protected by strict regulations. Licensed moneylenders follow the law, offer transparent terms, and provide clear contracts. This guarantees you will not face unfair practices.
What should one consider before taking out a loan from a licensed moneylender?
Before taking out a loan, consider your repayment ability, the interest rates, and the fees involved. Assess your financial situation to ensure you can pay back the loan without difficulty. Always read the terms and conditions carefully.
Are there any legal protections in place for borrowers using licensed moneylending services?
Yes, there are legal protections for borrowers. The Ministry of Law regulates licensed moneylenders to safeguard you against excessive interest rates, unfair terms, and harassment. You have the right to file a complaint if these rules are not followed.
How can I tell if a lender is licensed under the Singapore Ministry of Law?
You can confirm if a lender is licensed by referring to the Ministry of Law’s Registry of Moneylenders. Ensure that Periakaruppan Chettiar Licensed Money Lender appears in this list before you enter into any contracts or agreements.
Disclaimer: The information in this article is based on online resources from Singapore and serves as a guide. To ensure you have the most up-to-date information, we recommend verifying details with relevant Singaporean authorities or organizations. If you notice discrepancies, please inform us so we can update the information.