Product Overview
- Unsecured Collateral free Loans for a shorter-term period without any kind of third-party guarantee.
- Quick Processing and Hassle-free loans with minimum documentation requirements
Criteria
Applicant / Entity could apply for a Loan on his capacity considering the promoter as a co-applicant for the said proposal.
Quantum
Maximum Tenure of 5 Years depending on the other parameters as well as. Restricted to Bank’s Policies & other criteria norms.
CIBIL Score
Financial Institutions & Bank do check the Credit Report which is downloaded from the Credit Bureau of India Ltd website to understand the applicant’s & co-applicants past repayment history and also to understand the existing Loan obligations serviced by the Individual. Based on this History and Loan Obligations the Credit of the Financial Institutions finally appraises the said proposal for Final Sanctioning. Based on the Cibil score the final home loan interest rates could also vary.