Lenbor does not consider any cause to be unworthy for a loan. There are no set restrictions on the reason for seeking a loan, other than the obvious condition that the money is not to be used for any illegal or prohibited purpose under Indian laws.

Loan requests are for many purposes like:

  • For undertaking a professional course
  • To provide for child’s education
  • For weddings and family functionsfor financing a vacation
  • To refinance Credit Card dues
  • For down payments for cars, bikes etc
  • For home purchase, renovations and refurbishing
  • To consolidate ongoing loans
  • To cover for the period while moving from one job to another (subject to valid offer letter available from the new company)for any medical emergencies

The list is not exhaustive as life can put forth various kinds of challenges that could require sudden fund requirements and hence the need to borrow.

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