Yes Bank Loan Against Property - Eligibility & Documentation
Minimum Income – Rs.3 Lakhs Per Annum
Minimum Age – 23 Years, if income of the applicant / co-applicant is considered, 21years & if income of the applicant / co-applicant is not considered
Maximum Age - 60 Years, if income of the applicant / co-applicant is considered & 70 years, if income of the applicant / co-applicant is not considered
Experience – 6 months in current employment, 3 years in total employment
Minimum Income – Cash Profit of Rs.4 Lakhs Per Annum
Minimum Turnover – Rs.15 Lakhs per annum for service providers / commission income, Rs.10 Lakhs per annum for doctors, Rs.60 Lacs for non service providers
Minimum Age – 23 Years, if income of the applicant / co-applicant is considered & 21years, if income of the applicant / co-applicant is not considered
Maximum Age - 65 Years, if income of the applicant / co-applicant is considered & 70years, if income of the applicant / co-applicant is not considered
No of years in business / profession – minimum 3 years
Proof of Identity and Signature
Proof of Address (Office & Residence)
Salaried: Latest 2 salary slips and last 2 years IT Returns / Form 16
Self Employed Professionals: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
Self Employed Businessmen / Retail SME Enterprises: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
Last 6 months bank statement of salary / main operating bank account
Details of all existing loans
Additional Documents in case of Partnership Firms: Partnership Deed
Additional Documents in case of Private / Public Limited Company:Memorandum & Article of Association and List of Directors & Shareholder
It is a type of unsecured loan and helps to meet your current financial needs. You don't need any security/collateral while availing it. Personal Loan is your solution for instant cash and can be used for travelling, wedding, medical emergency, home renovation, or anything else.
Home Loan is a Secured loan offered against the security of a house/property which is funded by the banks and NBFCs the property could be a personal property or a commercial one. Home loans consist of an adjustable or fixed interest rate and payment terms.
Loan Against Property belongs to the secured loan category where the borrower gives a guarantee by using his property as security. Banks and financial institutions offer this LAP, which can either be a residential/commercial building or a piece of land.
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. Banks and other financial institutions are there to provide you with suitable lending assistance.
Marriages are made in heaven and its celebration is one of the happiest and memorable events for married couples and their families. Wedding loan is available to people looking to meet their wedding expenses in order to make the wedding a grand success.
A Medical Loan is extended by a bank or a financial institution under the category of personal loans. A medical loan can be used for multiple emergency purposes such as an operation, surgery, procedure, therapy or for any concern related to health.
Balance transfer is the process where a customer transfers his outstanding principal amount to another bank or financial institute primarily for a better rate of interest and also for better features. Balance transfer reduces your interest rates and finally ensure saving.
The Credit Card Payment Loan is designed to allow you to take control of your finances and pay your credit cards off faster. This is made possible by consolidating your high-interest card balances into one monthly payment at a fixed rate and term.
The Education Loanaims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. Students enrolled in career-oriented courses e.g. medicine, engineering, management etc, can avail this.
Travel loan is a kind of Personal Loan that you can apply while planning a travel. It can help to cover the costs associated with your holiday, such as airfares, accommodation, hotel fares, tour packages, travel gears/accessories, or any other type of expenses associated with your travel.
Debt consolidation/ Financial Restructuring is a process to streamline one’s financial stability and debt. Thus by consolidating many small debts with one debt, one gets favourable payment off terms and lower burden of EMI.
Apply for Personal Loan, Home Loan, Business Loan & Loan Against Property, New Delhi, Delhi, India
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