011-47064244
011-47064244
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms. Loans from credit unions may be referred to as bank loans as well. Business loans from credit unions received the second highest level of satisfaction from borrowers after loans from small banks
home loans eligibility criteria can be fairly stringent, considering banks need to mitigate their risk. Most people with a regular source of income such as salaried individuals or self-employed individuals can avail a home loan. Banks consider salaried individuals, self-employed professionals and self-employed business people.
Most banks will disburse business loans to individuals aged between 24 to 65 years.
Banks will prefer that your business has been showing stable signs of growth at least for the last 3 years. If you can show sustained billing and revenues and top it off with profit, getting a business loan should not be a problem for you. Some banks give a loan amount up to 60 to 80% of your median annual profits.
A bank will prefer if you have been engaged in sustainable business for atleast 5 years to consider giving you a loan. Your diversity in terms of business experience and so on along with good results will help you acquire your business loan.
The following documents are required along with your Business Loan application:
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
Loans from credit unions may be referred to as bank loans as well. Business loans from credit unions received the second highest level of satisfaction from borrowers after loans from small banks
 |
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|---|---|---|---|---|---|
 |
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
 |
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
 |
Start 15% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 40 lakh | 36 month | Apply now |
 |
Start 17% | 2+0.50% | 30 lakh | 36 month | Apply now |
 |
Start 16% | 2+0.50% | 30 lakh | 36 month | Apply now |
 |
Start 14% | 2+0.50% | 35 lakh | 36 month | Apply now |
 |
Start 19% | 2+0.50% | 20 lakh | 36 month | Apply now |
 |
Start 19% | 2+1% | 30 lakh | 36 month | Apply now |
 |
Start 20% | 2+0.50% | 10 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
 |
Start 16% | 2+0.50% | 30 lakh | 36 month | Apply now |
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
home loans eligibility criteria can be fairly stringent, considering banks need to mitigate their risk. Most people with a regular source of income such as salaried individuals or self-employed individuals can avail a home loan. Banks consider salaried individuals, self-employed professionals and self-employed business people.
Most banks will disburse business loans to individuals aged between 24 to 65 years.
Banks will prefer that your business has been showing stable signs of growth at least for the last 3 years. If you can show sustained billing and revenues and top it off with profit, getting a business loan should not be a problem for you. Some banks give a loan amount up to 60 to 80% of your median annual profits.
A bank will prefer if you have been engaged in sustainable business for atleast 5 years to consider giving you a loan. Your diversity in terms of business experience and so on along with good results will help you acquire your business loan.
The following documents are required along with your Business Loan application:
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
Loans from credit unions may be referred to as bank loans as well. Business loans from credit unions received the second highest level of satisfaction from borrowers after loans from small banks
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|---|---|---|---|---|---|
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 40 lakh | 36 month | Apply now |
|
Start 17% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 16% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 14% | 2+0.50% | 35 lakh | 36 month | Apply now |
|
Start 19% | 2+0.50% | 20 lakh | 36 month | Apply now |
|
Start 19% | 2+1% | 30 lakh | 36 month | Apply now |
|
Start 20% | 2+0.50% | 10 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|
Start 16% | 2+0.50% | 30 lakh | 36 month | Apply now |
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
A home loan is a loan for your home use, be it your child’s wedding, a dream vacation, or a shopping extravaganza. A home loan does not require any security or collateral and can be availed without much fuss. Typically home loans range from Rs. 50,000 to Rs. 30 Lacs with a tenure typically ranging from one to five years. Getting a home loan is quite stress free and there are typically a number of offers in the market most of the time. Apart from the rate of interest banks also charge some fees which are usually of two types. Once when you are applying for the loan and once when you are pre-closing the loan. The fees when charged at the time of processing called as Processing Fees vary from 2-3% of the loan amount. This could be reduced if you have the ability to bargain. the second charge is the prepayment penalty paid at the time of pre-closure. This too varies from 2 – 3 %. Similar to processing charges, you can also try to get this fees reduced. home Loan Eligibility
An individual can borrow as much as they can repay. This in banking terms would mean a home loan that has an EMI that does not exceed 40% of your monthly take home income, where the EMIs for existing loans are also deducted.
home loan rates vary from bank to bank, and are anywhere between 14%-26% depending upon your profile and the policies/scheme you decide to opt for. In case you need to find out more about home loan rates from different banks, please take a look at our compare home loans page. Andromeda loans works with a wide range of home loan providers to get you the best deals and interest rates for your financial profile.
home loans don’t take too long to process. Banks usually disburse your loan within seven working days. However, it is recommended that you keep all your documents ready and in order, especially the post dated cheques (PDC), to avoid any delays. How fast you get your home loan is dependent on your document collection process.
home loans eligibility criteria can be fairly stringent, considering banks need to mitigate their risk. Most people with a regular source of income such as salaried individuals or self-employed individuals can avail a home loan. Banks consider salaried individuals, self-employed professionals and self-employed business people.
Most banks will disburse business loans to individuals aged between 24 to 65 years.
Banks will prefer that your business has been showing stable signs of growth at least for the last 3 years. If you can show sustained billing and revenues and top it off with profit, getting a business loan should not be a problem for you. Some banks give a loan amount up to 60 to 80% of your median annual profits.
A bank will prefer if you have been engaged in sustainable business for atleast 5 years to consider giving you a loan. Your diversity in terms of business experience and so on along with good results will help you acquire your business loan.
KYC :: APPLICANT & CO-APPLICANT
OWNERSHIP ::
INCOME DOCUMENTS ::
IF SALRED
IF SELF-EMPOLYE & BUSINESS CLASS
BANK STATEMENTS ::
A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.
Loans from credit unions may be referred to as bank loans as well. Business loans from credit unions received the second highest level of satisfaction from borrowers after loans from small banks
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|---|---|---|---|---|---|
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 40 lakh | 36 month | Apply now |
|
Start 17% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 16% | 2+0.50% | 30 lakh | 36 month | Apply now |
|
Start 14% | 2+0.50% | 35 lakh | 36 month | Apply now |
|
Start 19% | 2+0.50% | 20 lakh | 36 month | Apply now |
|
Start 19% | 2+1% | 30 lakh | 36 month | Apply now |
|
Start 20% | 2+0.50% | 10 lakh | 36 month | Apply now |
|
Start 15% | 2+0.50% | 50 lakh | 36 month | Apply now |
|
Start 16% | 2+0.50% | 30 lakh | 36 month | Apply now |
5051, 3rd Floor South Patel Nagr- Delhi-08
