Professional Services

A home loan is an amount of money that an individual borrows from a bank or money lending company at a certain rate of interest to be paid with the EMI every month. The property is taken as a security by the money lending company for the Home Loan. The property can either be commercial or personal in nature. When the borrower cannot pay the dues, the lender will possess all the legal rights to recover the outstanding loan amount by sale of the property in question.

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Personal Loan is an unsecured credit provided by financial institutions based on criteria like employment history, repayment capacity, income level, profession and credit history. Personal Loan, which is also known as a consumer loan is a multi-purpose loan, which you can use to meet any of your immediate needs.

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An education loan is a sum of money borrowed to finance post-secondary education or higher education-related expenses. Education loans are intended to cover the cost of tuition, books and supplies, and living expenses while the borrower is in the process of pursuing a degree. Payments are often deferred while students are in college and, depending on the lender, sometimes they are deferred for an additional six-month period after earning a degree. This period is sometimes referred to as a "grace period." Quality education is of prime importance to any individual, and students go the extra mile to achieve that. However, the cost of education is on the rise lately and opting for an education loan seems to be the single best solution. An education loan is a loan that students apply to meet the financial requirements to complete their course. Many banks and NBFCs in India offer education loans at competitive rates to help educate the upcoming innovators and leaders.

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A loan against property (LAP) is a secured loan that banks, housing finance companies and NBFCs provide against residential or commercial property. These loans are usually offered at a lower interest rate as compared to a personal loan or business loan and are disbursed at a reasonable time.This type of secured loan can be an alternative for unsecured personal loans as it also has no end use restriction.

Some features of Loan Against Property –
• High Loan Amount
• Quick Disbursal
• Convenient Repayment Tenor
• Minimal Documents
• Easy to fulfil Eligibility Criteria

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Unsecured business loan has an attractive advantage over secured loans, in that you do not have to provide collateral for them. Thus, your assets would be safe with unsecured loans in India for business, even if one is not able to pay it. Additionally, unsecured loans for business are easy and fast sources of raising business finance to meet any working capital or other business requirements.

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Owning a car was once a luxurious commodity to have. But in today’s economically developing world, a car is a necessity and convenience to travel from one corner of the ever-expanding city to the other.Though everybody may not have enough cash to purchase the car with a lump-sum payment, numerous lenders can help you realise your dream of buying the car through a car loan. An auto loan is a loan that allows you to buy a desired four-wheeler, and pay the vehicle off in equated monthly instalments for a set tenure instead of having to pay the full price upfront. The terms of an auto loan depend on various factors, including your income and credit history. A car loan (also known as an automobile loan, or auto loan) is a sum of money a consumer borrows in order to purchase a car.

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Term loan is a short-term or long-term loan approved and disbursed by any financial institution. The offered loan amount shall be repaid in regular payments, such as Equated Monthly Instalments (EMIs) over a defined period of time. Term loans can be offered in both fixed and floating rate of interest. The repayment tenure of a term loan for business purposes.Term loans can be used for various business purposes, such as for business expansion, to purchase equipment, machinery or raw materials, to manage cash flow, to meet working capital requirements, buying office or business space/land, paying-off rent and salaries, hiring new staff, debt consolidation, etc.

• Short-term Loan: Short term loans are loans often repaid within 12 months
• Long-term Loan: Long term loans are loans that can be repaid in longer time durations that range between 5 years. In some special cases the repayment tenure may exceed up to 6 years.

Secured Loan: Collateral security is required to be submitted to the lender by an applicant, if he/she wants to avail secured loan from banks or NBFCs. Collateral submitted can be in the form of equipment, machinery, raw materials, stock, or residential/commercial properties.

Unsecured Loan: Business loans offered by most of the financial institutions are unsecured loans that do not require any collateral or security to be submitted to the lender. The interest rate offered by banks and NBFCs for unsecured loans are comparatively on higher side, as there is no borrower’s risk involved in availing loan.

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The capital of a business which is used in its day-to-day trading operations. A working capital loan helps you in running everyday operations. These loans usually cover recurring expenses such as accounts payable, wages, etc. Working capital loans help offset your working expenses during a low sales / revenue.

Uses of Working Capital:
• Procure raw material
• Purchase Inventory
• Pay for overhead costs like electricity, rent, salaries and other utilities
• Finance blocked payment from Debtors
• Pay suppliers in advance
• Maintain a healthy level of cash

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MSME stands for micro, small and medium enterprises, sometimes it is also shortensd to SME for small and medium enterprises. But, in essence, MSME and SME Loans are the same and are offered to businesses that fall under these two categories. Mostly, these loans are given to start-up owners, small business owners and women entrepreneurs on a short-term basis. The duration of MSME / SME loans varies from lender to lender. As MSME loans are unsecured MSME / SME Loans, there are some minimum eligibility requirements in order to reduce the risk for lenders.

a micro enterprise, where the investment in Plant and Machinery or Equipment does not exceed one crore rupees and turnover does not exceed five crore rupees;
a small enterprise, where the investment in Plant and Machinery or Equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees;
a medium enterprise, where the investment in Plant and Machinery or Equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.

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Lease Rental Discounting is a term loan that is offered against rental receipts and is availed by tenants against leased contracts. This advance provided to the lessee is based on the discounted market price of rentals and the underlying value of the property. You can go for LRD, in case you own a property that renders you fixed rentals. If you own a property, you are liable to earn fixed rentals from the same at regular intervals. LRD gives a longer tenure of 11 years subject to the remaining lease period of the property.

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1. Heavy Commercial Vehicles such as Trucks, Transit Mixers, Bulkers, Tippers, Trailers etc.

2. Light Commercial Vehicles such as small trucks, Tempo's &Ultra-Light Commercial Vehicles such as Tata Ace, Mahindra Bolero Pick up, Maruti Super Carry etc.

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1. Standard CE Assets such as Excavators, Backhoe Loaders, PNC Cranes, Road Rollers, Pavers etc

2. Non-Standard assets such as Passenger/ Material Hoist, Forklifts, D G Sets etc.

We also offer attractive ROI starting from 7.5 % with minimum Processing Fees & Franking Charges.

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