Swastik Capital

Naraina, Delhi

• Home loan service availableLoan against property available
• Over draft facilityBusiness loan

Home loans are secure loans provided by banks and financial institutions for purchase of new as well as resale properties, construction of existing house. This loan is available both for salaried and self employed customers. Buying a home fulfills the dream of having a dream home and creates wealth for the customer in future. When someone is going to buy a property, heshe prefer to go for a home loan as home loans offered by different banks can goes upto 80% of the property value at the time of buying, making the customer easy to pay rest 20% of the property from hisher fund. One cannot able to buy a property from his own savings enforcing the customer to take a home loan from banks making him easier to own a house. The rate of interest is very low as compared to all other loans. The home loans are available in the market for a longer tenure ranging from 5 years to 25 years allowing th e customer to repay the emi's more comfortable with growing income over the years. The customer can get tax benefits under 80c of the indian income tax act. The loan amount depends on income, obligations, and retirement age and property value of the customer. Unique benefits of home loan:- â�¤ home loans are long term loans upto 25 years and loan amount can be 80% of the market value enabling customer to repay comfortably. Â�¤ the rate of interest is very low as compared to other loans making low emi for the customer. Â�¤ property can be purchased jointly and income of applicant and co-applicants can be added for higher loan eligibility. Â�¤ customer can avail tax benefits under 80c. Â�¤ banksnbfc's keep original property papers till completionclosure of the loan. Age limit and criteria minimum age for applying loan is 21 years and maximum age limit is 60 years for salaried customer and 70 years for self employed customer.

Loan against property (lap) is a secured loan and provided against property as collateral. This loan is available against residential, commercial and industrial property.lap facility availed for long tenures ranging between 5 to 15 years, allowing the borrower to repay in low installments as compared to personal loan and business loan. The rate of interest is also low as compared to unsecured loans so that the borrower gets time for business expansion and growth and keep scope for further funding in future with property appreciation.lap is being provided to all kinds of entities like proprietor, partnership companies, private limited companies and even salaried customers. The loan amount depends on the valuation of the property and can be varied from 50% to 100% depending on types of property and concerned bank. Loan against property is given on below mentioned properties and the loan that you can get is listed below. Residential property:- self occupied :- 65% to 100% vacant :- 55% to 65% rented :- 55% to 65% commercial property:- self occupied – 50% to 70% rented - 40% to 65% vacant – 45% to 65% industrial property occupied – 40% to 80% age limit and criteria minimum age for applying loan is 21 years and maximum age limit is 60 years for salaried customer and 70 years for self employed customer. Eligibility criteria for loan against property:- ➤ age of the customer or vintage proof of the company. ➤ valuation of the property by the banknbfc, subject to positive l legal and technical report. ➤ financials of the customer like yearly sales, profit, cash flow and obligations at the time of login. ➤ profile of the customer repayment history with any bank or financial institution. ➤ repayment capability based on the financials of the companycustomer.