VIGIL MECHANISHM /WHISTLE BLOWER POLICY

Preface

Section 177 of the Companies Act, 2013 mandates the Company to establish a vigil mechanism for the directors and employees to report genuine concerns in such a manner as may be prescribed. Accordingly, Company has formulated the present policy for establishing the vigil mechanism/ Whistle Blower Policy to safeguard the interest of its Directors and employees, to freely communicate and address to the Company their genuine concerns in relation to any illegal or unethical practice being carried out in the Company.

Policy Objectives


  1. The Company is committed to developing a culture where it is safe for all Directors and employees to raise concerns about any poor or unacceptable practice and any event of misconduct.
  2. The Company is committed to adhere to the highest standards of ethical, moral and legal conduct of business operations. To maintain these standards, the Company encourages its employees and Directors who have concerns about suspected misconduct to come forward and express these concerns without fear of punishment or unfair treatment.
  3. Vigil (Whistle Blower) mechanism provides a channel to the employees and Directors to report to the management concerns about unethical behaviour, fraud, violation of the Policy, whether actual or suspected. The mechanism provides for adequate safeguards against victimization of employees and Directors to avail of the mechanism and also provide for direct access to the Chairman of the Audit Committee in exceptional cases.
  4. This neither releases employees and directors from their duty of confidentiality in the course of their work nor can it be used as a route for raising malicious or unfounded allegations about a personal situation.

Home Loan Interest Rate FAQs

An interest rate between 12.75% - 44% on a Home Loan is a good and affordable interest rate.

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Although the interest rate varies from lender to lender, the lowest rate of interest on a Home Loan is 12.75%

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It is when the loan interest rates remain unchanged throughout the loan tenure or repayment cycle.

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You can use TERA MERA GHAR HOUSING INDIA PRIVATE LIMITED AN ISO 9001 : 2008 Finance’s Home Loan EMI calculator, which will calculate the total interest payout based on selected factors such as the loan amount and tenure.

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The fixed interest rate on a Home Loan remains unchanged throughout the loan tenure. A floating interest rate fluctuates throughout the loan tenure.

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The interest rate on Rs. 1 lakh loan would entirely depend on the chosen loan tenure. If the tenure is less, the interest will be higher, while it will be lower if the chosen tenure is higher.

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The stamp duty charge is usually 0.1% on the total loan amount if the loan amount is less than Rs 10 lakhs.

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