Housing Loan
This type of loan is for Individual or Individual jointly with Spouse (Group of Individual not permitted) to get the loan with purposes are purchasing a new or old house or flat which is the borrower want to have. And when the borrowers apply for this loan, they can use n construction of new house or flat for own use. Besides, this loan is also used in taking over of housing loan from other bank's and reputed housing finance companies
You can apply this loan with period of loan is 10 years or 15 years with the interest rate around 12%. Actually, the interest rate is always fluctuating with the moving of market.
To make the security for loan, you need to register mortgage of house or flat with 2 guarantors.
And next type of loans is House Repair
It is used in Renovation and Repairs of House or Flat. And I will show you some information about this loan. Its Period of loan is : 5 year, 7 years with the Interest Rate is around 13%. You also need to Register mortgage of House or Flat with 2 Guarantors.
Next is Business Loan
The Purpose is Acquisition of Factory Shed or Industrial Gala, Plant Machinery , Equipments, Furniture and Fixtures etc and Cash Credit Loan for Purchase of Raw Material and Working Capital requirement. But you need to concern about the Documents Required. It includes: Balance Sheet, Profit and loss for the last 3 Financial Years, Income Tax returns, Purchase orders, And the Period of Term loan is often 5 years. But in this loan, you need to register Mortgage of Building ,Shed, Shop and Machinery with 2 Guarantors
In the next type of loans is Group Loan Scheme
I will show you the differences in this loan. The Special Feature is Minimum 3 Permanent employees of Public and private LTD company Bluechip Companies and Reputed institutions can avail this facility. This loan will help for meeting personal or family finance requirement including Purchase of household articles or electronics or computer equipments,Marriage ceremonies and Expenses for Medical treatment...It requires the necessary paper is:
This type of loan is for Individual or Individual jointly with Spouse (Group of Individual not permitted) to get the loan with purposes are purchasing a new or old house or flat which is the borrower want to have. And when the borrowers apply for this loan, they can use n construction of new house or flat for own use. Besides, this loan is also used in taking over of housing loan from other bank's and reputed housing finance companies
You can apply this loan with period of loan is 10 years or 15 years with the interest rate around 12%. Actually, the interest rate is always fluctuating with the moving of market.
To make the security for loan, you need to register mortgage of house or flat with 2 guarantors.
And next type of loans is House Repair
It is used in Renovation and Repairs of House or Flat. And I will show you some information about this loan. Its Period of loan is : 5 year, 7 years with the Interest Rate is around 13%. You also need to Register mortgage of House or Flat with 2 Guarantors.
Next is Business Loan
The Purpose is Acquisition of Factory Shed or Industrial Gala, Plant Machinery , Equipments, Furniture and Fixtures etc and Cash Credit Loan for Purchase of Raw Material and Working Capital requirement. But you need to concern about the Documents Required. It includes: Balance Sheet, Profit and loss for the last 3 Financial Years, Income Tax returns, Purchase orders, And the Period of Term loan is often 5 years. But in this loan, you need to register Mortgage of Building ,Shed, Shop and Machinery with 2 Guarantors
In the next type of loans is Group Loan Scheme
I will show you the differences in this loan. The Special Feature is Minimum 3 Permanent employees of Public and private LTD company Bluechip Companies and Reputed institutions can avail this facility. This loan will help for meeting personal or family finance requirement including Purchase of household articles or electronics or computer equipments,Marriage ceremonies and Expenses for Medical treatment...It requires the necessary paper is:
- Salary slip for last 3 months,
- Company Undertaking