1. Instant approval on applying online/ Personally, Loan eligible as by verify financial and personal properties.1. Instant approval on applying online/ Personally, Loan eligible as by verify financial and personal properties.
2. Loans provide from budget changes and transfer of funds among categories.
3. Loans issuing up to 100* Cr. At attractive interest rates of 6 to 8% onwards.
4. Flat rate of interest will be charged by company annually (yearly).
5. Minimum Documentation of Loan (Disbursal) within 10 days/ disbursement in 25-30 Days.
6. If there is any short coming / deficiency in the Loan documents then the same and any other documents will be provided by the borrower to the company after the examining of the property by the company.
7. Maximum loan will be eligible up to 70% of the existing value of the property.
8. Property loan amount will be minimum 10 Lacs and maximum up to 70% of the property present market value.
9. Agriculture Loan amount will be minimum 10 Lacs and maximum up to 70% of the Land Value.
10. The minimum Loan amount for Personal Loan can be 10 Lacs and maximum value can be up to 1 Cr.
11. The maximum time for Loan repayment up to 25 Years refundable period.
12. Mode of Interest/ Instalments can be paid Monthly/Quarterly/Half yearly/Annually. This term as per the wishes of the borrower (Loan Holder).
13. Assessment of property value and market value of loan agreement after approval for Legal proceeding 3% of Agreement Charge (Refundable) and 18% GST on the Agreement value.
14. Terms and conditions apply as Financial Act.
15. Company follows as were banking formalities on Recovering activities.
16. Loan Agreement in the form of Mortgage or M.O.U Agreement as favour of SWASTIKA FINCORP SERVICES.