Hello Mr Waj, Unsecured Loan: Initially, peop le who are willing to convert the amounts will apply for PAN numbers (Permanant Account Number) and DIN numbers (Director Identification Number).Soon a company is established as a sister concerned company of the Mother Company (who provides loan) and documentation is created. For this purpose the share holding is divided and shares are sold to the mother company for the Unsecured loan purpose. Here, the Mother company has to pay ROC and IT along with the establishment fee to the GOVT. Once, everything is through, loan is payed into the benificiary's account either through RTGS or DD or BANK TT process (if domestic) and WIRE TRANSFER (if international). Once these amounts are in our bank account, we should be able to pay the black to the mother company and the process goes on. NOTE: Always insist to obtain the NO CLAIM LETTER and SHARE HOLDING Certificates to avoid IT hassles.

Please feel free to contact in case if you have more queries and we should be able to assist you in the most legitimate manner.

Regards Karthik