TYPES OF LOANS AVAILABLE IN INDIAN MARKET
TYPES OF LOANS AVAILABLE IN INDIAN MARKET
PERSONAL LOAN:
We offered our services in providing personal loans for any purpose. Our wide expertise in this area allows us to offer you the helping hand with immediate effect right from your request. Our personal loans are meant for business as well as for personal purpose. Our personal loans are available for a range of different amounts and have different repayment terms. The repayment period depends on the amount and the purpose of loan. We offer personal loans starting from 2,00,000 or more. The maximum amount one can avail depends from one lender to other.
ELIGIBILITY CRITERIA
- Minimum age of Applicant: 21 years
- Maximum age of Applicant at loan maturity: 60 years
- Minimum employment: Minimum 2 years in employment and minimum 1 year in the current organization
- Minimum Net Monthly Income: Rs. 10,000 per month (Rs. 15,000 in Mumbai, Delhi, Bangalore, Chennai and Hyderabad & Rs. 12,000 in Calcutta, Ahmadabad and Cochin)
DOCUMENTS REQUIRED:
- Identity Proof: Proof of Identity (Passport Copy/ Voters ID card/ Driving License)
- Address Proof: (Ration card Tel/Elect. Bill/ Rental agreement / Passport copy/Trade license /Est./Sales Tax certificate)
- Bank Statements: (latest 3 months bank statement / 6 months bank passbook)
- Salary Slip: Latest salary slip or current dated salary certificate with latest Form 16
BUSINESS LOAN:
An individual always need appropriate money in pocket or bank account to nurture and enrich his/her business. Business goals cannot be accomplished without proper funding. At loan inn, we are helping people to choose the right loan for commercial purpose. Hence, these finances are also known as commercial loans. Business loan Delhi helps Delhi-based entrepreneurs to make their popular and successful. We also have loan options for those businessmen who are living in other parts, like Noida, Gurgaon, etc. Whether you are seeking for immediate loan amount to increase the size of your business or want to meet your working capital, this loan always helps you in every condition.
SELF EMPLOYED (PROFESSIONALS) INCLUDE SELF – EMPLOYED DOCTORS, CHARTERED ACCOUNTANTS, ENGINEERS, MBA CONSULTANTS, ARCHITECTS, COMPANY SECRETARIES.
ELIGIBILITY CRITERIA
- Minimum age of Applicant: 25 years
- Maximum age of Applicant at loan maturity: 65 years
- Years in business: 4 to 7 years depending on profession
- Minimum Annual Income: Rs. 100000 p.a.
DOCUMENTS REQUIRED:
- Proof of Identity: Passport Copy/ Voters ID card/ Driving License.
- Address Proof: Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Trade license /Est./Sales Tax certificate.
- Bank Statements: latest 6 months bank statement /passbook
- Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
- Qualification proof of the highest professional degree
LOAN AGAINST PROPERTY:
Loan against property is a loan provided to individuals against his own residential or commercial property and the best part of this scheme is that the money received from the bank can be utilized the way owner likes. As such this is the most popular loan scheme for investment in business or buying any other property. This scheme is so popular among the public that all the banks and NBFC’s are offering loans to consumers at very competitive price for expansion of their business or any other purpose. Hence you are always assured that you will get a profitable, affordable and cheap loan deal.
HOME LOAN:
Now a day’s banks are very aggressive to provide home loans for the prospective buyers but some time it appears to be a tough job to get a housing loan sanctioned in time. You will get complete solution to all the problems. Even we can help you to get your loan sanctioned without finalizing the property so that you can have a lucrative deal to be executed well in time. Having a home can be a dream job for any individual and we are committed to stand by you. If you are also planning to build a sweet home in Delhi or NCR, then one visit will save your lot of money and energy. We are always here to help you in cherishing your dream of sweet home. Continue reading “TYPES OF LOANS AVAILABLE IN INDIAN MARKET”