Loan Against Property
Loan against property is one of the best loan options for people that own commercial or residential properties. By keeping the property as collateral, you can get a loan against property easily via Richi Loans & Financial Services. When you apply for a loan against property via Richi Loans & Financial Services, you get a loan that is hassle free with faster approvals and lowest interest rates. Below we will mention how you can benefit from taking a loan against property via Richi Loans & Financial Services.
Any business needs a stable operating place at some point in its running time. Be it a small shop, an office, a whole business floor or a huge business complex, businessmen and entrepreneurs need a piece of property to run their respective businesses. But purchasing a commercial property requires huge investment. This investment cannot be afforded with a mere business loan as it the components like interest rate, tenure and amount does not add up. So many banks and NBFCs provide a special Commercial Purchase Loan to buy a property for commercial and business use only. Businessmen can purchase shops, galas, showrooms, commercial buildings, restaurant property etc. under this loan. Borrowers can get the loan for under construction as well as ready to move in property. This is a secured type of loan so the property is kept as a mortgage to the lender until the borrower pays off the loan in full in given deadline. The amount to purchase the property is decided on the basis of demographics, applicant’s credit history and ability to repay the given loan. These criteria also decide the interest rate and tenure. The borrower/s are supposed to pay off the principal amount of loan with the interest in the given tenure.
Everyone at some point in life has wished to own a house. Guess what; we can make your wish come true. You can opt for the best Home Loans via Richi Loans & Financial Services and purchase a house when you want. There are tons of benefits when you apply via Richi Loans & Financial Services with the major benefit being lower EMIs, higher tenures, attractive and low interest rates, hassle free application process, etc. Below we will mention how you can benefit from taking a home loan via Richi Loans & Financial Services.
Richi Loans & Finacial Services provides Home Loans that are exactly as per the customer's needs. Not only that but you can get tons of benefits in order to complete your dream of owning a home. We do this by providing you with a hassle free process and minimal documentation. Richi Loans & Financial Services believes that the loan process must not be very difficult and hence we have listed down a set of documents that you need in order to be eligible for a home loan via Richi Loans & Financial Services. Apart from the list of documents, we will also mention the eligibility criteria required in order to get the best Home Loan.
|Compulsory Documents required for submission - Loan application form & PAN Card of the loan approver.|
|Identity Proof||You must submit any one of Passport/Voters ID/Aadhar/Driving License|
|Address Proof||You must submit any one of Voters ID/Aadhar/Driving License/ Electricity bill/Gas bill/Telephone bill|
|Date of Birth Proof||You must submit any one of Passport/PAN Card/Aadhar/Driving License/ Birth certificate|
|Signature Proof||You must submit any one of Passport/PAN Card/ Banker's verification|
|Income Proof||You must submit any one of the following for each salaried/self employed|
|For NRI Salaried:||
|For Self employed:||
|For Balance Transfer:||
Home loans are a step that you take along with the Bank & Richi Loans & Finacial Services. Here, the Bank will help you with a huge amount of funds that will be given to you in advance to buy the house you wish. But you need to remember that this huge amount which is given to you will be repayable with interest. But don't worry. You don't have to repay this in one shot. You can re-pay this loan amount through monthly EMIs (Equated Monthly Installments).