Know The Best Business And Home loan Deals.

If you are planning to purchase a property or if you want to build your house or maybe planning to reconstruct your place, and you are juggling with the finances. Then here is the best solution to get easy assistance from banks. They will help you with your financial problems. Moreover, you will get finance at a low rate of interest. The interest rates are between five to eight percent. They are convenient for the common man. You can avail these loads with simple steps and can make your dream come true.

 

Requirements 

 

There are certain documents you need to have to get the home loan. You need to submit proof of age to your bank branch to get the best deals. The other documents are residents proof. It will help if you carry with you two passport size photographs. You are two steps away, and you can get your home loan. The maximum loan you get from the bank is ten crores. In order to avail home loans in India, you need to have an Indian nationality as well.

 

Loan Against Property 

 

It is an easy way to get a loan from the bank. It is a secure loan; you will get this on any commercial or residential property. You can use such funds for different purposes like you can use this for business expansion or any other purpose. The best part of the loan against property in Delhi is that it comes with an extended repayment period of twenty years. You can avail the funds for huge amounts. The value of the loan also depends upon the individual property, which you are mortgaging. 

 

The property you are mortgaging can be self-occupied, or it can be any rented property. The most important thing in this type of loan is that you must own this property. Ownership must be in your name for this purpose.

 

Business Loan In Delhi

 

Business loan encourages businessmen to start or expand their business venture. A business loan is beneficial not only for the businessmen, but it also helps the economy to grow and develop. The business loan of interest starts from fifteen percent. The maximum loan amount a company can get is up to two crores. The capital first prime bank gives loans on twenty-five percent. Hdfc bank helps a businessman by giving loans starting from fifteen percent.