DCB bank Personal Loan Balance Transfer in chennai

DCB bank Personal Loan Balance Transfer in chennai

Product Features Loans Against Propertyin chennai

Brings Loan against property in Chennai  to enable you to unlock the power of your property. You can mortgage your residential, commercial or Industrial property to get a loan & meet all your financial requirements.

Loan Purpose:-

• Business Expansion
• Education/Marriage expenses
• Purchase of house
• Improvement/Extension of existing Property
• Medical Treatment
• Any other personal Need.

·         Loans up to INR 500 lacs

·         Flexible repayment options, ranging from 12 months to 144 months

·         Attractive interest rates

·         Faster processing of loan application

·         Minimal documentation

Eligibility Loans Against Property in chennai

Maximum Funding Loans Against Property in chennai: 
• Up to 65% of the market value of the property  in Chennai(Residential Self Occupied)
• Up to 55% of the market value of the property in Chennai (Residential Leased Out)
• Up to 50% of the market value of the property in Chennai(Commercial/Industrial)
• More funding to existing Bank’s customer in Chennai .

• Salaried

·         - Min Age : 25 years

·         - Max Age : 58 years (As on the date of maturity of loan)

·         - Min Net Income : INR 3.00 Lacs per annum

·         - No. of Years in Employment : Min 3 years in employment with minimum 1 year in current organisation

Contact: 

955 16 10 484, 98419 32 511, 78 71 620 603, 044 24 84 24 88.

E mail : vijaycapitals@gmail.com

Log in : www.vijaycapitals.com

HDFC bank Personal Loan Balance Transfer in Chennai.

Special Offer For the Month

HDFC bank Personal Loan Balance Transfer in Chennai

HDFC Bank personal loan Offers You to Balance Transfer Your Personal Loans with Lowest Interest Rates @ 12.99%* to 14%*. If you have a personal loan from any other bank with a clean repayment record(12 Emi cleared is must), simply opt for HDFC  bank Personal Loan Balance Transfer in chennai and save substantially.

 Benefits of HDFC bank Personal Loan Balance Transfer in Chennai.

·         Transfer your existing Personal loan clean repayment record(12 Emi cleared is must),  from any bank.

·         Avail lowest on your Personal loan interest rate.

·         Minimum interest rate of 14%.

·         Option to consolidate multiple loans into a single loan.

·         Minimal processing fees.

·         Fast Processing.

·         Repayment through Standing Instruction facility.

·         Easy and Reliable HDFC Personal Loan Process

·         Reduce your interest burden now!

·         ​Good credit history and good repayment track record on your current loan.

·         Free doorstep service for your loan application. Apply online now.

 Pricing Grid for HDFC Personal Loan Balance Transfer.

Loan Outstanding	Rate	PF
0.50 Lacs - 3 Lacs	14.00%	Rs. 999
3.01 Lacs - 5 Lacs	13.75%	Rs. 999
5.01 Lacs - 10 Lacs	13.50%	Rs. 999
10.01 Lacs - 15 Lacs	13.25%	Rs. 999
15.01 Lacs +	12.99%	Rs. 999

Contact: 

955 16 10 484, 98419 32 511, 78 71 620 603, 044 24 84 24 88.

E mail : vijaycapitals@gmail.com

Log in : www.vijaycapitals.com

Business Loan in Chennai..!!

Get a business loan solution in Chennai that caters to your financial needs from our experts. Benefit from our experience with loan disbursements to self-employed non-professionals and businessmen providing you loans faster to finance your business needs.

 Who can apply for a Business Loan ?

Any person in business for the last three consecutive years, showing a profit for the last two years and also meets the terms given below.

Profile	Annual Turnover
Self Employed Businessmen	Rs. 2 Crores
Manufacturers	Rs. 1 Crore
Service Providers	Rs. 50 Lakhs

Documents to avail a Business Loan

Apply for a Business Loan by submitting the completed Business Loan application form with these documents:

1. Balance Sheet & Profit and Loss Account of company
2. Proof of ownership of Residential Or Commercial Property
3. IT returns for last two years
4. Proof of residence
5. Proof of identity

Contact: 955 16 10 484, 9841 93 2511, 044 2484 2488.

E mail : vijaycapitals@gmail.com

Log in : www.vijaycapitals.com

Canara Bank Home Loan & Car Loan in Chennai @ Low and Attractive EMI.

            

Avail a Home Loan to enjoy the benefits of IT exemption upto Rs.1.5 lakhs and an additional amount of upto Rs.1 lakh for assessment year 2014-15 under
Income Tax Act.*

FEATURES
Home Loan:	Car Loan:
Hassle free take over	90% finance for new vehicle
Quick Processing	Repayment periode upto 7 years

 To know more about loans give a missed call to:

78 71 620 603

Contact: 

955 16 10 484, 9841 93 2511, 044 2484 2488.

E mail : vijaycapitals@gmail.com

Log in : www.vijaycapitals.com

RBI asks banks not to levy penalty on pre-payment of personal loan, home loan, vehicle loan, corporate loans.

         Providing relief to borrowers, Reserve Bank today directedbanks not to levy any penalty on individual borrowers for pre-paying floating loans.

"...It is advised that banks will not be permitted to charge foreclosure charges or pre-payment penalties on all floating rate term loans sanctioned to individual borrowers, with immediate effect," RBI said in a notification.

Floating loan products include housing, corporate, vehicle and personal loans.

In the first bi-monthly monetary policy statement for 2014-15 released last month, the RBI had said banks should consider allowing their borrowers the facility of prepaying floating rate term loans without any penalty in the interest of their customers.

Some banks are charging pre-payment penalty of up to 2% of the outstanding loans.

Two years ago, RBI had barred banks from levying foreclosure charges or pre-payment penalties on home loans on floating interest rate basis.

It is believed that removal of foreclosure charges or prepayment penalty on home loans will lead to reduction in the discrimination between existing and new borrowers and the competition among banks will result in finer pricing of home loans with the floating rate, RBI had said.

Yesterday, the RBI asked banks not to levy penalties on customers who don't maintain a minimum balance in any inoperative account, as part of a consumer protection initiative.

Several banks, including the State Bank of India, do not levy any charge if the minimum balance is not maintained in an inoperative savings account.

The RBI directed banks in 2012 not to charge customers for non-operation or activation of basic savings bank deposit accounts.

Sources:  Press Trust of India

Loan Against Property in chennai...!!

Top up your Existing loan..!! Loan in Chennai.

Is a top up loan right for you?

The need some extra cash to meet a need often arises, it may be to pay admission fees for the child’s education or undergo a surgery or for renovation the ..

Rahul Ghanekar, 39 year old doctor needed some money to expand his clinic. While he was talking to one of his old patients about it, the patient mentioned the option of taking a top up loan at a very attractive rate.

A top up loan is infact one of the best options for borrowing funds at a low cost. The tenure of these can go up to 15-20 years, depending on your home loan's term. "It is offered only to existing customers. The maximum tenure could be the same as the balance repayment period.However, it is based on our evaluation," says a spokesperson from a HFC. "Usually, the total of outstanding home loan amount and the top-up loan does not exceed 70% of the property's market value.Interest rates on top-up loans are quite low when compared to personal loans. Their EMIs are low because of longer terms, while the amount you would be eligible for is higher," adds a spokesperson from a leading HFC.

The money raised from a top up loan can be used for any purpose (other than speculative activities) including education, marriage or even a holiday.

The better option
A top up loan is often the best choice for borrowing. It offers the advantage of a great interest rate, paperwork that is already done and comfortable tenure. SBI has one of the lowest rates offered for top up loans at 11.25%. Most top-up loans will attract a rate between 11.25-13% currently. If compared with other types of loans you can see why a top-up loan is a clear forerunner.

Loan type	Rate of interest	Repayment tenure
Top up loan	11.25-13%	5-20 years
Gold loan	11.25- 25%	1-3 years
Personal loans	15-25%	1-5 years

The main advantages of a top-up loan are a lower rate of interest, longer tenure and virtually no paperwork.

Things to watch out for

• Even though a top-up loan can be used for any purpose, some banks like Bank of Maharashtra offer a lower rate if the loan is used for actual improvements/extension of the home. The rate is higher if it used for other purposes.
• If you choose to pre-pay the loan, there might be hefty penalty attached to it as high as 4% in some cases.
• Top-up loan may be available to the customer only after he has repaid specified EMIs of the original home loan i.e. the home loan should be repaid to some extent.
• There might be processing charges and other charges which would hike up the cost of the loan.
• Top-up loans are not suited for everyone as they are meant for people who have an existing home loan and have repaid some specified part of it.
• The amount of loan is usually limited by the EMIs repaid.

Top-up loans may be the best choice available if you want to raise some cash for personal purposes. Do explore it before looking into other expensive options.

The author is Co-Founder & Director, CreditVidya  

SOURCE : indiainfoline.com

Key terms: Personal loan in Chennai, Loan in Chennai, Personal loan.

Contact: 9551610484, 9841932511, 7871620603, 044-24842488.

E mail : vijaycapitals@gmail.com

Log in : www.vijaycapitals.com