Buying a home is one of the most important and emotional decisions of one’s life. We understand the importance of buying a home and we do a special research-based approach while borrowing a home loan for our clients. Borrowing pattern is very important in a home loan as the liquidity, loan repayment ability is not the same with all clients. We arrange various types of home loans wherein EMI can also be structured based on future expected income. The loan to value ratio could range from 70% – 80%.
Commercial Property Purchase
Every businessman wants to buy his own office but taking liquidity out of business and buying an office looks way difficult. This product is the answer. Clients need to contribute 25% of the property agreement value and the rest 75% will be funded by the bank. The property gets transferred on the buyer’s name. We suggest our clients to take pre-approval of commercial properties, purchase loans and then search property accordingly which always helps to negotiate good deals as the seller understands that by having a pre-sanctioned loan you can pay it immediately also with good discounts as a market trend.
Loan Against Property
Loan against property is one of the preferred ways of raising funds against a residential or commercial property by way of giving it to banks or institutions as a mortgage. We expertise in structuring loan against property deals for our clients according to specific requirements such as long repayment schedules, flexi repayments. The funding can be arranged up to 75% of the value of the property depending upon various factors.
LAP can also be given on Open Plot ,Builder Projects & Industrial Properties.
Lease Rental Discounting
We get the added benefit of the properties given on lease to credible companies by getting the funds from banks and NBFC’s against future rent receivables at a very competitive rate of interest and can use it either on your business or on acquiring new properties or any other use.
Dropline Overdraft is an overdraft facility wherein overdraft amount can be utilized for working capital needs and overdraft can be repaid over a period of years and at the end of the tenure, the debt is repaid and converted into a capital of the enterprises. The primary security herein is the property and stock and debtors are considered as collateral security.
Further, there is no requirement for submission of monthly stock statement and calculation of monthly drawing power since the stock statement is to be submitted annually. Further, in future years the facility can be structured or revised as well.
Education loan is granted to students who are Indian Nationals, having secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test /Merit Based selection process after completion of HSC (10 plus 2 or equivalent).
Secured admission in approved courses leading to graduate/post graduate degree and PG diplomas conducted by recognized colleges/universities recognized by UGC / Govt. / AICTE /AIBMS / ICMR, etc. In such cases need based Education loan is approved, subject to repaying capacity of the parents/students with margin and the following ceilings:
a. Studies in India – Maximum Rs.20 lakh
b. Studies abroad – Maximum Rs. 30 lakh
A personal loan is a right funding facility provided by lenders that helps one meet up money requirements for times of life like medical emergencies, wedding, education, home renovation, asset purchase, business requirements, etc. It is an unsecured form of loan for short period of 6 months to 60 months. It can be availed by a salaried individual with a minimum salary of Rs. 15,000 and by self-employed individual with atleast Rs. 2 Lakh annual income.
Business provides bread & butter to entrepreneurs hence its growth & expansion is of utmost priority for the owner. For setting up new business or expansion one needs capital, whether it is working capital or terms loans. If you are Self-employed or Professional which include self – employed Doctors, Chartered Accountants, Architects, and Company Secretaries and looking for a collateral free loan you are at the right place, we shall arrange low cost and suitable tenure loans based on your needs.