#1 Loan Against Cheque Only Business
Private finance companies in chennai, Practical private finance in Chennai is being involved in providing various types of private finance and bank loan services like Loan Against Property, Private Loan Against Cheque, Cheque Basis Finance and more with needed security proofs all over Chennai and Tamil Nadu. We also assist our customers in an appropriate way, to approach for typical loans as per their demand. We have also been engaged in several financial services for the customers in providing them the business loans with powerful loan agreement. We are widely appreciated, for our quality services and for less interest percentage.
Apply Now For Chennai Business Loan!
Loan Against Cheque in Chennai
Cheque basis quick finance & instant money at lowest interest rates, private finance loan for companies and self employed business immediately cheque basis funds on private finance cheque basis only for business people are eligible to get cheque basis funding. You should have proper documents to raise the funding to financiers
Chennai business loans provide private finance against cheque immediately for all business peoples based on their monthly turnover with no upfront charges all over TAMIL NADU and PONDICHERRY
Loan Against Property:
Your property is one of your greatest assets. With the help of Loan against property, your dreams come true. It has options of repayment. Easy process of documentation. Loan against property loan is available for both salaried and self-employed persons. We offer mortgage loan in Chennai and all over Tamil Nadu.
Mortgage Loan in Chennai - Features:
No income proof required for self-employed
Mortgage Loan is a money advance given by a loan against your property. Carry over your existing loan with additional refinance Minimum – loan amount Rs. 5,00,000 Maximum - Rs. 50 Crores Our customer-friendly features of loan against property include doorstep service, along with quick and transparent processing. We offer customization features on loans against property for self-employed individuals. When you repay a loan you return the principal amount with interest and within a time frame. An interest rate is 9.00% to 14% per annum. No income proof for self-employed and no building plan. Minimum age limit is 21 years and maximum age limit of 65 years for self-employed persons.
- If the title of your property is clear and without encumbrances, you are the choice for the bank.
Why LAP should be your preferred option? - The rate of interest is lower than personal loan or loan against property or any security such as shares, gold etc. slightly higher than the home loan. Interest rate range 9.60% - 14% per annum.
- No income proof required for self-employed and no building plan required.
- Easy Eligibility - Minimum Age Limit - 24 years - Maximum age Limit - 60 years for salaried persons & 65 years for Self Employed persons. LAP accessible for the maximum duration of 15 decades. Repayment by means of EMIs, like the home loan.
- Pre-payment option available
- Can claim fully interest paid as company expenses, if utilized only for Company purpose.
Business Loan:
Business Loan is the best finance that can help you to grow. You want to start a business or you want to extra credit for your business by using Business Loan.
Business Loan starting at the interest rate of 15.50%. The rates vary by loan amount, occupation and type of loan availed. These funds help you the business to expand, invest. Before you apply for the Business Loan you have to understand the purpose of the loan and how to utilize it. No investment means no profits.
- Age: Age plays an important role to know your eligibility and repayment capacity. Offer loan to those who are at least 25 years old at the time of loan approval and maximum 65 years at the time of loan maturity.
- Loan Amount: Based on the loan amount eligibility, the bank gives you loan ranging from Rs. 1 Lakh to Rs. 40 Lakh. To improve the chances of approval, apply for a loan amount that you can comfortably service.
- Profitability and Revenue: Loan eligibility significantly depends upon profitability on your turnover, revenue, and profitability. Requires profit for minimum 2 years and minimum business turnover of Rs. 30 Lakh.
- Business Stability: Future business prospects and its stability is important to improve your eligibility for the business loan. Requires minimum business track record of 36 months. The bank will also look for minimum growth in sales for the last three year. A decline in sales for a certain period or below a certain limit might impact your eligibility to get the loan.
- ITR and Banking: Bank gives loan only after checking your income tax return and bank statements. Your ITR details for minimum 24 months and bank statement for minimum 6 months will be required by ICICI Bank.
- CIBIL Score: When checking loan eligibility, will look at the complete CIBIL report. Will check your repayment history for all current and past loans and credit cards. Bank advise you to maintain a score of 750 and above to get loan approval.
Cheque Basis Finance
You get immediate funds if the credit rating is overwhelmed by Cheque based Finance. Do you want to run a business, but you don't have any property. Don't worry you can get the unsaved funding. One time formality process is enough for Cheque Based Finance.
- 6 months Bank Statement.
- Required for Income Tax Document.
Depending upon the Transaction, we organize funds to our clients. In Some Cases Practical Finance will raise funds within 24 hours. With long repayment schedule and with minimal interest rates.
Provide Immediately Funding on Cheque Based. With Low Interest.Cheque Basis Finance is the fastest way to raise funds for your business, we will organize funds for your business within 24 hrs.
Documents Required For Cheque Basis Finance
- 5 Lakhs base level
- 10 Lakhs should be the monthly turnover.
- Cheque Based Finance.
- Cibil problem customer also Welcome.
- Client can be anywhere in Tamil Nadu.
- Client should have filed IT
- Current Account is must.
- OD required for huge funds
No Matter if you already raised funds through Private Financiers. We have niche segments cheque basis financiers in chennai and tamilnadu. We are one of the pioneers in private finance against Cheque basis in chennai.
Private financers in tamilnadu is being involved in providing various types of loan services with needed security proofs. Chennai business loans also assist our customers in a suitable way to approach for a various business loans as per their demand. We have also been engaged in several financial services for our customers in business loans with great loan agreement for customers. Our quality services to loan and for less interest percentage on cheque basis financers in chennai and tamilnadu. We are one of the financers consultant in private finance against cheques in chennai and tamilnadu.
The Simplest, Smartest Way to Get Private Finance in Chennai!
Processing...
All over tamilnadu.
Unsecured finance.
Bridge finance.
Trust basis.
Cheque bounce more than 2 not acceptable.
Cibil problem customer also welcome.
Cheque basis.
Based on bankstatment.
Over draft customer most preference.
We have three category
Business transaction.
Business growths.
Face valuable.
Business Loans in Chennai
We help you find the best Bank/NBFC giving you the best interest rate for your Business Loan
How We Work?
Getting a Business Loan in Chennai now becomes simpler and hassle free. Just follow 4 simple steps and pump up your business with our user friendly loans.
Step 1
To avail a business loan, just fill up the simple form on this page. It will take you less than 20 seconds to fill up the details.
Step 2
Within moments, our patent algorithm scores through our database and will extract details of banks and NBFCs that match your criteria and are willing to lend you money.
Step 3
Once you finalize on a particular lending company, we will call you and help you with the formalities, documentation etc.
Step 4
Next, the lending company will collect your documents and begin with the loan processing procedure. Once your papers are approved and loan sanctioned, we will intimate you the same.