Get The Best Business And Home loan In Delhi.
by Finway FSC Empowering People FinanciallyIf you are looking for business loans in Delhi, then you are in the
right place. You will get to know everything here. There are specific
requirements you need to fulfill to get the best business loans that fit your venture. You will get less paperwork involved in the process. The annual rate of
interest on which bank provides you credit varies from
bank to bank and on the type of loan requirements. You will get the
penalty interest rate less than one percent, on the overdue amount every day.
To get a business loan
in the city, you need to have experience of one year in the business line. You
must be earning more than two lakh of monthly revenue. If you are a busy person
and worried about the formalities for applying for the loan, don't be upset.
You just need to fulfill the basic KYC requirements. You must have Pan and
Adhar card with you. Take along with you twelve months of a bank statement. It
will help in the process. It is not essential to have a home or business
ownership. You get your loan sanctioned within forty-eight hours. The minimum
bank loan amount offered is five thousand, and the minimum
period to pay back is one year — this period extends up to five years. The rate
of interest up to which HDFC provides you loan is fifteen percent. Generally,
banks offer credit for all types of ventures, whether it is for long term
business venture or small business venture.
Home Loan Aspects
Those who are planning to build the dream home, you can seek help here.
The home loan depends upon the property you are purchasing. You may
also take a home loan to reconstruct your old property. The government is ever
ready to help you in this purpose. The interest rates lie between five to eight
percent. There are certain formalities you need to fulfill to get the home
loan. It is challenging to build your home with your reserve fund collection.
And the government is all set to help you out without breaking your reserve
funds. There are certain requirements you need to fulfill to get a home loan.
You need to provide your bank with proof of your age. You need to submit an
identity proof and income document as well. This will help you get easy home loans in your city.
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Created on Jan 25th 2020 02:40. Viewed 305 times.