Finance and Investment

There are numerous home loan options available in the market by non-banking financial companies and national or private banks in India. To know which one will better suit your needs, it is imperative to understand each of the choices available: Home-purchase Loan A home-purchase loan is taken to procure a residential property: flat, house or bungalow. The financial institutions generally offer up to 80-85% of the market value of the house as a loan amount. The interest rate on such type of loan is either fixed, floating or hybrid. Home-construction Loan A home-construction loan is taken to cover the expenses relating to construction of a new house on a plot owned or co-owned by them. The home-construction loans application and approval process are different in certain aspects than from the easily available housing loans. This includes: The concerned land or plot should have been purchased within a year If the cost of the plot is not included in the loan amoun

If you are someone who feels stifled for lack of funds then you need not worry anymore. Loan for working professionals will help you in business expansion, equipment upgrading and much more. Doctors, chartered accountants, company secretaries, architects or any other professional, each one of them require funds at some point of time in their careers and loan for working professionals fits the bill perfectly. Loan for working professionals can be availed without pledging any collateral, guarantor, or security and can be used for business expansion, child’s education or even home renovation. The eligibility for loan for working professionals can be checked online while the disbursal of loan will depend on past repayment of home loans, auto loans and credit cards. Benefits of Loan for Working Professionals Since the loan amount is paid off in case the customer dies, it provides a perfect security cover for the families. No need to use other savings for loan rep

Whether it is a big firm or small, the success of the business is always determined by the soundness of its financial status. Thus, it becomes imperative for business owners to arrange enough finance to meet numerous daily and unplanned expenditure of their business. In the competitive market, one can require funds anytime and delay in arranging funds can hamper the work. In such a situation, it is better to manage desired finance with the help of unsecured business loan as it can be availed with no collateral and easy documentation. With so many banks/NBFCs offering unsecured business loan at lower interest rates, it becomes tough to select anyone. It is here that IndiakaLoan comes into the picture as it is one of the most preferred collateral-free unsecured business loan providers. Some of the benefits you can avail from IndiakaLoan offerings: It provides loan for every type of enterprise venture with cash credit limit ranging from Rs 10-40 lakhs to support busi

If you are looking to arrange finance for purchasing new machines/equipments then you need not look beyond machinery loan. It can be availed for repaying a broken or faulty machine or for upgrading to a better version. Needless to say that it is godsend for entrepreneurs who can use this loan to upgrade/repay their erroneous machines which will uplift their business and take it to another level. Its popularity therefore can be easily understood. A number of banks/NBFCs offer lowest interest rates machinery loan which can be availed by the entrepreneurs. However, it is difficult for any individual to compare offers from different sources. There is very high possibility therefore that one might end up opting for a wrong lender and end up paying more interest. It is here that IndiakaLoan.com comes into play and through its extensive network of 40+ banks/NBFCs helps the applicant get a lender whose offer will best serve the applicant’s requirements. Some of the advantages

In loan against property , the loan is given in lieu of the market value of the mortgaged property (normally the amount given is 60-70% of property estimate). Though the property remains mortgaged to the bank, the owner is allowed to utilize it for private or business requirements.   Loan against property is a better option when compared with alternatives like personal loan because the rate of interest is far less in its case. Loan against property is very popular in India and is easily available with the increase in the number of banks and NBFCs in the country.                      Loan Against Property Eligibility Both salaried and businessmen can avail loan against property. The loan against property eligibility criteria are:   ·          The applicant must be an Indian citizen. ·          The applicant must be 21 years of age at the time he/she applies for the loan. ·          He/She must be earning the minimum required amount and possess the minimum monthly