Rupyaa Paisa Financial Services Delhi

Are you in search of a trustworthy service provider in town? Then, we are the dependable name involved in providing Business Loan Services.   Overview : Loans are granted upto Rs.30 lakhs The loan tenure generally varies from 12 months to 60 months No collateral or guarantor required Minimum documentation Prepayment options available.   Eligibility : Minimum age of 21 years and maximum age of 65 years Minimum 3 years of business vintage and 2 years in same line of business. The business should be profit making for atleast last 2 years Audited financials should be available Bank statements and proof of business required.   Documentation : Application form duly signed with photograph Identity, age, and address proof Bank statement for the last 6 months Processing fee cheque Proof of business continuation Company profile Proof of qualification and business existence proof Last 3 years IT returns with computation of tax Last 3 years CA certified, audited financials (Balance-sheet & P&L) Post sanction documentation by the bank/FI   More About Information for Business Loan Services : Business loan is an unsecured loan and is provided to individuals and entities that are self-employed. These may include partnership firms, private companies, proprietors and public limited companies. The loan is offered on the basis of the gross turnover and Income Tax Return filed for 2 or 3 years. A business loan is exclusively designed for business purposes. With this loan, you can lend a sum of money over a few years. The monthly payments and interest rates are fixed over the term. Let us look at some of the benefits of business loan. Business loans can help with cash flow and help you by providing short-term finance. With the help of technology, beneficial offers help you do what you want to do. We also offer special add-on facility to some privileged customers. We also offer our customers the part payment facility. Last but not the least, there are no Guarantors and no Collateral.

Overview : Cash Credit Term loans Letter of Credit/ Buyer's credit Export Finance Vendor/ Supplier/ Dealer finance Bank Guarantee   Eligibility : Entities which are 3 years in existence, and 2 years into same line of business is eligible for this facility. This facility is available to all segments of business - manufacturers, traders, services, educational trusts etc. The financials should be audited, and the entity should be in profits. Collateral is required for this facility. The amount of collateral required depends on the policies of the bank. Some accept at 50%, and vary upto 150% of the collateral requirement. The company should not be under default category, as listed by the RBI Cheque bounces/suit filed/write off are considered adversely by the banks, unless backed by sufficient reasoning/documents for justifying the same.   More About Information for Working Capital Finance Services : Working Capital finance is granted to meet the financial gap or the time lag between purchases and the resultant cash derived from sales. It is used to meet the regular day to day expenses. This finance is provided in form of cash credit, overdraft, term loan, letter of credit, bank guarantee, working capital demand loan/term loan, post shipment and pre shipment finance, as the need may be to the manufacturer/trader.

Overview : Loan is granted on residential/ commercial property Take-over of existing loan is possible. Margin of 40% is maintained against residential property and 50% against commercial property. The loan is granted for a maximum period of 15 years The property is secured as a mortgage with the bank financing the loan The loan attracts a processing fee, which is a certain % of the sanctioned amount. There are also prepayment charges in case the loan is repaid before the stipulated tenor. The EMI recovered month on month is apportioned to the interest and then to the principal.   Eligibility : Loans are granted to resident Indians The applicant's age should be minimum 21 years Any self employed professionals/businessmen, Individuals, can apply. Income proof to be submitted, to prove repayment capacity Credit history should not show any adverse remarks like suit filed/ write-off etc on both loans and cards. Minimum of three years in business, with atleast 2 years in same line of business is necessary. The business should be in profits and this determines your loan amount eligibility.   Documentation : Application form duly signed with photograph Identity, age, and address proof Bank statement for the last 6 months Processing fee cheque Proof of business continuation Company profile Proof of qualification and business existence proof Last 3 years IT returns with computation of tax Last 3 years CA certified, audited financials (Balance-sheet & P&L) Post sanction documentation by the bank/FI   More About Information of Loan Against Property : A loan against property (LAP) is exactly what the name implies - a loan given or disbursed against the mortgage of property. The loan is given as a certain percentage of the property's market value, usually around 40 percent to 60 percent. Loan against property belongs to the secured loan category where the borrower gives a guarantee by using his property as security. What purposes can I take a loan against property for? Loan against Property can be taken for following purposes : Expanding your business Getting your son/daughter married Sending your son/daughter for higher studies abroad Funding your dream vacation Funding medical treatments.

Business loan is unsecured loan and is provided to self employed people. Loan is exclusively for business purpose.