Home Loan

Banks in India provide different types of housing finance options for various purposes. Here is a list of the prominent types of housing loans in India based on a study of products offered by some of the top banks:

Purchase of an Under construction Flat / Villa / Row House from Developers / Resale- Assignment. Purchase of a 100% Completed / Ready to Move-In property Flat / Villa / Row House from Developers / Resale / Resale-Assignment Purchase of Site, Purchase of a Site+ Construction, Construction of House on Own Land, House Extension and Renovation. Home Loan Balance Transfer

Home Loan Product Variants

Income Verification, RTR, Banking Surrogate, GPR Method for SEP. Max gain / Money saver.

Home Loan Fess & Charges

Processing fees, Prepayment Charges, Fore closure Charges, MODT Charges, Statutory/regulatory charges, Default Charges.

Home Loan Important Points to Note

Rate of Interest, EBLR, Funding % Age, Margin Money, Loan Eligibility, Loan Tenure, Charges etc.

Loan Against Property

Loan against Property (LAP), also known as mortgage loan, allows consumers to raise funds by leveraging their Land, residential, commercial, Wear House or industrial properties. Like unsecured personal loans, LAP can also be availed for meeting both personal and business needs other than speculative purposes. Banks and HFCs offer loan against property for tenures of up to 30 years. The loan amount for LAP can go up to 75% of the property’s market value, depending on the lender and the credit profile of the borrowers

LAP Product Variants

Income Verification, RTR, Banking Surrogate, Industry Margin, Gross Profit Method, GPR Method for SEP. Max gain / Money saver.

LAP Fess & Charges

Processing fees, Prepayment Charges, Fore closure Charges, MODT Charges, Statutory/regulatory charges, Default Charges.

LAP Important Points to Note

Rate of Interest, EBLR, Funding % Age, Margin Money, Loan Eligibility, Loan Tenure, Charges etc.

Lease Rental Discounting

Owning a commercial or Industrial or warehouse in India comes with its share of advantages – the principal one among them being that the property owner is able to lease out the premises to earn rental income. Apart from monetizing the property, the rent receivables also yield an additional benefit to the owner he can raise a term loan against the rent for personal or business intents. This loan is known as Lease Rental Discounting (LRD) and is approved against the discounted rental cash flows from the property and its current market value

Working Capital & Term Loans

We understand that any growing business requires working capital finance for ease in its liquidity position. Our structured finance advisory team provides dedicated support to our clients through a team of experienced professionals with expertise across diverse transaction structures and sectors. The team has a strong technical and legal knowledge and understanding to structure complex transactions which are customized to meet our clients’ diverse corporate financing needs.

Term Loan to Educational Institution

Funding education Institution is unique and innovative, it requires expertise in the understanding the education industry and repayment structure based on the fee collection, Education institution requires funding for acquisition, construction and refinancing of the existing loans.

Project Finance- Real Estate

The real estate industry requires a constant stream of funds for various construction-related tasks. From the under-construction stage to the handover stage, developers must have funds available to ensure the timely delivery of housing or commercial units. Stalling a project mid-way owing to paucity of funds is a common problem faced by many housing and commercial development projects in India. Real estate developers can overcome this hurdle by availing construction loans.

Unsecured Business Loan

Credit Guarantee Funds Trust for Micro and Small Enterprises (CGTMSE) is a trust established by the Government of India, under the Ministry of Micro, Small and Medium Enterprises (MSME) and Small Industries Development Bank of India (SIDBI). Launched in 2000, the CGTMSE scheme offers credit guarantees to financial institutions that offered credit facilities up to Rs. 2 crores have now been raised to Rs. 5 crores. CGTMSE scheme offers credit guarantees from 75% to 85% to MSEs across India.

Credit Guarantee refers to a situation where the loan to the applicant is backed by a party without the need for any external collateral or third-party guarantee. Here, the loan sanctioned by the member lending institution is backed by the scheme which provides the guarantee cover for a large portion of the loan amount. Under the CGTMSE scheme, both new and existing micro and small enterprises, including manufacturing and service enterprises are eligible for a credit facility of up to Rs. 5 crores exposure