Loan Amount from Rs 5 lakhs to Rs 10 crores
Eligibility of upto 70% of property market value
Loan tenures of upto 15 years
A Mortgaged is a loan given by the lender to the borrower against the property mortgaged.
Unlike the unsecured loan, the loan against property involves a security that is the property, which the borrower can mortgage in case the loan is not repaid by the borrower. Hence, it is a type of mortgage loan. In such loans, the market value of the property is calculated and the loan furnished is a certain percentage of the market value of the loan.
srinithiconsultancy.com offers vaious financial services like home loans, Business loans and term loans etc,Our Financial solutions are designed to help our clients maximize their business opportunities.
srinithiconsultancy.com is operations since 2008. srinithiconsultancy.com is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Chennai, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe
We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.
Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses
we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights
We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN
Our Expert will prepare your application and collect the documents necessary.
After Verifying Eligibility Criteria, the application will be submitted to respective Bank or Financial Institution
Bank / Financial Institution will check the as per their norms and process the application if they meet the norms
The EMI consists of the principal amount and the interest on the principal amount. It is calculated by taking into account the loan amount, the time frame for repaying the loan and the interest rate on the borrowed sum. The EMI may be subject to change when interest rate changes or a part-payment of the Loan is made.
Every month, part of the EMI is adjusted towards the interest payable and the balance is adjusted towards repayment of the principal.
Business Loan eligibility depends on the following factors: Credit score of the loan applicant/co-applicant The last two years financials of the borrowing entity Information about the Debt Service Coverage Ratio: This information tells the lender whether the borrower will be able to service the EMI for the current loan.
Yes. Prepayment is possible and there is no prepayment fee if you repay the loan after six months of availing the loan if you pay from your own source of funds without transferring the loan.
The bank will levy certain ECS bounce charges or penalties. Additionally, that will also get reported in your credit report. Depending upon the severity and the regularity of the miss, it may have a serious impact on your future credit possibilities like in obtaining a home loan, car loan, etc. Additionally, banks may also take legal action against the borrower.
EMI (Equated Monthly Installment) is a monthly amount that you have to pay back to the bank or funding institution for the loan you have availed. The EMI is inclusive of both the principal and interest components.
Our Customer care will assist you in regarding of your queries
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