From March 1 to March 31, 2022, Eco Finance (Amar Shakti Commerce and Industries Ltd), an Assam-based NBFC, will hold a Mega Loan Restructuring Mela. Managing Director Kumar Gaurav told the press that, in light of the Covid scenario, we have devised a very beneficial scheme for our customers under debt restructuring, under which they will receive a 50% waiver on fines and penal interest. At the same time, after restructuring the loan amount with the new loan, borrowers will receive a 4% interest rate reduction, allowing all good borrowers to save money and repay the loan on time. If someone refuses to come forward and pay back loaned funds on time, Echo Finance, as a non-bank financial institution, will pursue legal action.
