UNSECURED LOAN
Personal Loan
Business Loan
 
UNSECURED LOAN

Unsecured Loans re the loans which are provided by financial institution without any collateral security, this means that there is no risk on owned property. The loan is given on the basis of your income and expense behavior.

 
Personal Loan

A type of loan available from banks, finance companies and other financial institutions, generally for purposes such as personal(medical), family (education, vacation), or household (extension, repairs, purchase of air conditioner, computer, refrigerator, etc.) use as buying a car or furniture. Funds are advanced (lent) to the customer for a fixed period, at a fixed rate of interest with repayments calculated at the outset on the
basis of monthly instalments. So if you always wanted to fulfill above requirement then you neednot have to wait longer to save money.


  • FEATURES & BENEFITS
    • Loan Amount ranges between Rs.1 lac and Rs.15 lacs
    • Loan repayment in flexible tenures from 12 months up to 60 months
    • No guarantors, security or hypothecation* needed
    • Simple Documentation & Minimal Paperwork
    • No specification about the end purpose of the loan amount
    • Loans available for both salaried and self employed individuals
  • DOCUMENTS
    • Identity proof (pancard, passport, DL,)
    • Current Address proof (latest electricity bill)
    • 6 to 12 months updated Bank statements
    • Income Proof-
      • - Latest from no.16
      • - Latest Salary slip for salaried individuals
      • - Last 3 years ITR , Balance sheets, profit & loss account and audit report (if applicable) for self employed individuals

 

Business Loan

Business loans, simple unsecured Business loans available to small and medium enterprises for all your working capital needs




Capital is a vital component for the success of commerce today. Irrespective of whether a firm is in proprietorship or big organization, finance holds the key to its development, and managing finance is certainly not a child's play. Keeping all this in mind, several institutions have come up with business loans to help budding and existing entrepreneurs.

Very frequently, every company has to face a make-or-break situation which calls for immediate investment to reap long term benefits. If one is not having the finances at that time, he might well opt for a business loan which is designed specifically to fulfill urgent business quirements. These loans not only help in expanding a business, but also play a vital role in modernizing and improving small as well
as medium scale business.

  • ELIGIBILITY
      To qualify for a Business loan, most of the lending institutions in India require you to be:
    • An Indian resident
    • Above 21 years of age at the commencement of the loan
    • Age Below 65 when the loan matures
    • Minimum Annual Income of Rs. 3 lacs
  • PROPRIETORSHIP
    • Pan card copy
    • Age Proof
    • Signature Proof
    • Passport size photograph
    • Office address proof (electricity bill, water bill, telephone bill, mobile bill)
    • Residence address proof (electricity bill, water bill, telephone bill, mobile bill)
    • Last 3 years ITR with computation of income, balance-sheet, profit & loss account with all schedules, audit report & tax audit reports
    • with annexures ( if applicable )
    • Last 12 months Bank Statement for Individual and the Firm
    • ownership proof (Residence or Office)
  • PARTNERSHIP FIRMS
    • Age Proof
    • Signature Proof
    • Passport size photograph
    • Copy of PAN card of partnership firm
    • Copy of PAN card and Passport of all partners.
    • Office address proof (electricity bill, water bill, telephone bill, mobile bill)
    • Residence address proof (electricity bill, water bill, telephone bill, mobile bill).
    • Last 3 years ITR with computation of income, balance-sheet, profit & loss account with all schedules, audit report & tax audit reports
    • with annexures ( if applicable )
    • Last 3 years ITR with computation of income of all Partners.
    • Last 6 months updated bank statement.
    • Partnership deed.
    • List of Partners with their share holding percentage.
    • ownership proof ( Residence or Office )
  • PRIVATE LIMITED & LTD. COMPANIES
    • PAN card copy of Company.
    • PAN card copy of all Directors.
    • Residence address proof (electricity bill, water bill, telephone bill or mobile bill)
    • Office address proof ( electricity bill, water bill, telephone bill or mobile bill)
    • Photograph of all Directors.
    • Last 3 years ITR with computation of income, balance-sheet, profit & loss account with all schedules, audit report & tax audit reports with annexures ( if applicable )
    • Last 3 years ITR with computation of income of all Directors.
    • Last 6 months updated bank statement of the company and directors
    • Annual Return with ROC reciept
    • MOA / AOA
    • List of Directors and list of share-holders with share-holding pattern.
    • ownership proof (Residence or Office)
 
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