HOME LOAN
It is the dream of every one of us to buy our own house. Moreover in the recent times the way the property prices have started rising again and now is the right time to buy property. However often our dream house or the preferred investment as the case may be, is often priced higher than the immediate liquid cash available to us. Yet we want to buy that very property and how we wish we had additional cash at our disposal so that we can buy the same. Now a days it has become more of a routine than an exception to buy/build/renovate your dream property by means of a housing loan. Bank can fund up to 85% of the cost of acquisition of the property subject to meeting of income criteria and up to 60% of the cost of acquisition even without meeting the income criteria.We have a Special Scheme under which your home loan if over 20 lacs can work as an overdraft account, so if you have funds to spare you can save interest and yet can redraw the same in case you require it.
We can ensure that we get you the best deals for your requirement of home loan with maximum possible finance at the minimum possible rates.
LOAN TO BUY COMMERCIAL PROPERTY
Often a growing business wants more office space/ showroom space. But unfortunately to withdraw the required amount of cash from your business to acquire the desired property can hamper your working capital requirements. Alternately you may have other needs of the said cash and yet want to buy this property as well. Further the way the property prices have gone up on a consistent manner, they make a very safe and attractive form of investment. Banks can come to your aid in such situations by providing up to 75% of your cost of acquisition of such property for up to a tenure of 15 years.We can ensure that we get you the best deals for your requirement of loan to acquire a commercial property with maximum possible finance at the minimum possible rates.
LOAN AGAINST PROPERTY
We all have our investments and one of our most valuable assets is our property holdings. The property assets constitute a very important percentage of our net worth. Further the property is an investment/asset in which one can always a positive growth in terms of value. In fact in recent times the property prices have again started rising. Under these circumstances one would not like to dispose of his property holdings as he is expecting further rise in prices. However there might be some other needs of money and one might not have other resources to raise the same. Banks can lend you funds against your real estate assets, helping you to retain the assets to gain on appreciation and at the same time providing you with the required liquidity.We can ensure that we get you the best deals for your requirement of loan against your property with maximum possible finance at the minimum possible rates.
PROPERTY OVERDRAFT
We all have our investments and one of our most valuable assets is our property holdings. The property assets constitute a very important percentage of our net worth. Further the property is an investment/asset in which one can always a positive growth in terms of value. In fact in recent times the property holding have given astronomical returns. Under these circumstances one would not like to dispose of his property holdings as he is expecting further rise in prices. However there might be some other needs of money and one might not have other resources to raise the same. Banks can lend you funds against your real estate assets, helping you to retain the assets to gain on appreciation and at the same time providing you with the required liquidity. The normal loan against property is an EMI based facility wherein the banks disburse the entire sanctioned amount at one go and collect fixed monthly instalments. This might be costlier in times when you require these funds for your normal business operations, as there might be times when you might have spare funds, yet you have to pay interest. For business, banks can provide the loan against property of the promoters, and even their relatives and associates in the form of a property overdraft. This way you pay interest only on the amount you use and only for the period that you use.We can ensure that we get you the best deals for your requirement of overdraft against your property with maximum possible finance at the minimum possible rates.
LOAN AGAINST RENT RECEIVABLES
Property is an excellent investment at any point of time and this has never been more correct than now. A property always has a buyer and also a lessee who is willing to take the property on rents. Such rents can pay the price of acquisition of the property over time. However there are times when one needs cash now, and cannot sell the property because the lease period has not expired or it might be that you do not want to sell now because you know there is going to be further appreciation in prices. However these constraints do not change the fact that you would like to have the cash now as you might have needs or you might have an opportunity to make good returns on such available cash. Banks can give you loans based on the rents that you will be collecting in future. This way you can retain the property and get all the appreciation advantages, and at the same time get the cash that you require. And the loan is paid off by the rental as they come.We can ensure that we get you the best deals for your requirement of loan against your future rental income with maximum possible finance at the minimum possible rates.