Finance
Finance is the study of money and how it is used. Specifically it deals with the question of how and individual, company or government acquires the money needed. Finance is associated with banking, leverage or debt, credit, capital markets, money, and investments and the process of acquiring needed funds.
Home Loan
We are delivering a House loan or a Home loan facility simply means a sum of money borrowed from a financial institution or bank to purchase a house. Home loan consist of an adjustable or fixed amount of interest rate and payment terms. People generally take home loan either purchase a home/Flat or a plot of land for construction of a house or renovation and repairs to existing house. We are easily providing service by which people can be able to take home loan easily.
We provide the effective interest rates for home loans which would be fixed or floating, or partly fixed and or partly floating, suiting the needs of our customer.
Loan Against Property
We are providing loan against property for secured loan availed against a commercial or residential property kept as collateral with the lender. Another name for loan against property is a secured loan. We are providing security in this kind of loan is property owned by the person applying for the loan.
If you need high-value financing for business or personal reasons, a loan against property. We are here to provide you assistance. Loan against property is nothing but a loan which you avail by keeping your commercial/residential property as collateral.
Plot Purchase + Construction Loan
Found the plot of land where you want to construct your home, or you simply want to own a plot? We have the option of plot loan and construction loan. You can purchase land situated within Municipal / Local Development Authority limits, whether you are salaried or self-employed. Plot loan is helpful to purchase plot and construction loan is helpful to make your house.
The construction has to happen on the plot and within the time frame according to the guidelines. The actual loan amount is determined after assessing the individual’s requirement and repayment capacity. We are providing both option plot purchase + construction loan easily.
Mortgage Loan
We are providing you the option of mortgage loan by which people can be individuals mortgaging their home or they can be business mortgaging commercial property by which people can individually own their business premises, residential property let to tenants. It is normal for home purchases to be founded by a mortgage loan.
A mortgage is a loan in which property or real estate is used as collateral. As we provide the competitive and affordable Interest rate and loan also associated with a low processing fee.
Personal Loan
We are here to help you in your personal loan. You can take personal loan in easiest way. Personal loan can be 1 to 5 years or 12 to 60 months. Shorter or longer tenures may be allowed on a case by case basis, but it is rare. Personal loan depends on your income and varies based on whether you are salaried or self-employed.
Personal loans are also useful when it comes to investing in business, fixing your car, down payment of new house and loan doesn’t charge for prepayment and loan is charged on the daily reducing balance method
Bank Overdraft
We are providing protection to customers by bank overdraft. Bank overdraft is flexible borrowing facility on a bank current account is repayable on demand. A bank overdraft does not actually result in cash flowing into a business. It depends on what the bank balance is day to day. Interest is calculated daily, usually at a high rate, on the overdrawn balance.
Having an overdraft and using it is not bad for your credit record. Constantly living in the overdraft without repaying over a period of time is a bad thing. It shows that you constantly spend more than you earn. Going into overdraft occasionally, and coming out of it does not affect your overdraft.
CC Limit
We are providing the facility of Cash Credit Limit. Cash Credit is a facility to withdraw money from a current bank account without having credit balance but limited to the extent of borrowing limit which is fixed by the commercial bank. The interest on this facility is charged on the running balance and not the borrowing limit which is given by bank.
It is calculated by considering the total value of paid stock (Paid stock=Stock fewer Creditors) plus book debts (not more than 90 days old) and deducting margin from the same.
NBFC funding
NBFC funding engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business. Keeping in line with the big bash to be a leading and preferred financial services provider, our focus at Finance is to provide the complete spectrum of financial services products to our customers and build a strong nationwide distribution footprint to emerge as the leader in Micro, Small & Medium Enterprise segments in India.
We are delivering personal loans, business loans, loans against security all within easy reach with minimum ado and maximum service.
Private Loan
A Private loan can be helpful to Individuals with their immediate financial needs. Whether you need funds for a medical emergency or to travel to an exotic destination or to have your dream wedding, your requirement can be any, but you can fulfill it with an easy private loan. Our smart fund-raising platform has been created as a one-stop solution for different financial requirements of individuals and also caters to challenges faced by lenders.
We offer fast and hassle-free contactless personal loan In-principle approval to help meet your planned or unplanned financial requirements.
Insurance
We are providing to an individual or entity the insurance policy financial protection or reimbursement against losses from an insurance company. Insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party. There are different insurance policies available and individual or business can find virtually any an insurance company willing to insure them—for a price.
We are also providing the insurance policies for very specific needs, such as medical malpractice, and professional liability insurance, also known as errors and omissions insurance.
Finance/Loan available for these types of property
- Lal Dora Property
- Freehold property
- Regularised colonies
- Approved Property and Builder flats & Floor
- Residential property, GPA Registered property and GPA Notarized Property
- Commercial Property
- Building/Flats with sanction map/plan or without sanction map/plan
These Finance/Loan eligible criteria
- Salaried Income
- Business Income
- Rental Income
- Tuition Income
- Cash Salary with some proof
- Pension and other income
Rate of Interest (ROI) starts from 8%
Tenure 1 to 30 years
LTV maximum 90%
Cibil below 750 can be consider
Required documents
KYC
With and without business vintage proff and business registration
Property papers
With and without 1 yrs banking
With and without ITR for 2/3 years