Want to buy a new house or flat? Let us make things easy for you. A home loan or house loan simply means a sum of money borrowed from a financial institution or bank to purchase a house. Home loans consist of an adjustable or fixed interest rate and payment terms.
A vehicle loan is a sum of money a consumer borrows in order to purchase a vehicle. Car & Two wheeler loan fall in the category of vehicle loan. This type of loan is also known as financing. Vehicle loans generally include a variety of fees and taxes, which are added to the total loan amount. Whether you’ve decided to purchase your first dream car or you want to add a new one to your fleet of cars, we are always there to assist you & provide you a car loan at the most competitive interest rate in the market!
A vehicle loan is a sum of money a consumer borrows in order to purchase a vehicle. Car & Two wheeler loan fall in the category of vehicle loan. This type of loan is also known as financing. Vehicle loans generally include a variety of fees and taxes, which are added to the total loan amount. Whether you’ve decided to purchase your first dream car or you want to add a new one to your fleet of cars, we are always there to assist you & provide you a car loan at the most competitive interest rate in the market!
A Personal Loan is an unsecured loan, which means you don’t need to pledge a collateral to receive the funds. Availing one is easy – you can apply through a physical form or online & you can use the money to meet almost any expense. A personal loan is the best option if you need funds urgently for a short period. Since it is an unsecured loan, the lender approves the loan basis the applicant’s details such as age, income, existing liabilities & credit score, among others. No time is spent in the assessment of the collateral unlike in case of a secured loan. These days many credit cards offer you the option of a personal loan.
Cash Credit and Overdraft are referred as credit limit sanctioned by lender or a financial institution, for example : a bank. Both of these financial instruments are used to borrow money against hypothecation of inventory or financial statements. However there is a thin line of difference between them: CC is used to finance you working capital requirements specifically & thus is secured against inventories and book debts. This is as per RBI rules. Although a bank may also take other assets as collateral if required.
OD on the other hand is a general limit made available to you which may or may not be given for specific purpose against your fixed assets. Interest is charged on the amount used on a daily outstanding basis.
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. Almost all startups and corporates require business loan to begin or scale up their work. Owning to our good relations with financial institutions, i.e., Banks and NBFCs (Non-Banking Financial Company) we are in a position to provide you with the best deal to ensure that you kick-start your business.
Project Loan is provided to corporate borrowers for the purpose of capital expenditure including setting up of new/ additional manufacturing facilities, construction etc. Project loan is also available to acquire the fixed assets like land & building, plant & machinery etc.
Project Loan is provided to corporate borrowers for the purpose of capital expenditure including setting up of new/ additional manufacturing facilities, construction etc. Project loan is also available to acquire the fixed assets like land & building, plant & machinery etc.