Personal Loan Agents in Noida

Personal loan is a characteristically general purpose loan that you can use as per your discretion – for your house renovation, education or medical expenses, to deal with marriage expenses or buy consumer durables. Personal loans are often more difficult to get and have strict criteria. Usually, the bank with which you have applied the personal loan for sends a bank representative to come down to your house, procure necessary documents from you and complete all formalities. It may be easier to get a personal loan from a bank you already have an account with. The bank will probably want to know what you’re going to use the money for and may even recommend a better loan for your needs.

If you are unsure which bank to approach, and the process seems too tedious a task, Loan Clinic, a subsidiary of Investors Clinic is a team of loan processing professionals who assist customers on acquiring competitive deals on personal loans, home loans and loan against property. An initiative that started with servicing home loan needs by the top of the line real estate vendors, Investors Clinic, to serve their clients better, today you will find all loan related solutions at this destination. Here trained professionals will do the foot work for you and you will be advised best deals available in the market. Investor Clinic’s banking associations are with all the leading banks like Axis Bank, ICICI Bank, HDFC LTD, HDFC Bank, LIC HFL, PNB HFL, India Bulls, DHFL, Tata Capital etc.

What works most in favour of Investors Clinic as loan agents is that the credibility and reputation. Loan Clinic has a specialised approach towards their client’s loan needs. They are updated on loan rates and criteria of all banks, do regular comparative studies, and thus, get you the best deals and offers. They also guide you at every step, and take on the processing from the beginning till end.

For more information click here: Loan Clinic

Home Loan Service Provider in Noida

Noida recently has developed as one of the favored ends of the line for private land in the NCR area. A few variables set up together give a sound legitimization to speculation here, to be specific: Good Infrastructure, Proximity to Delhi, relatively low property rates to name a couple. Noida, has dependably been the favored objective of IT and ITES associations and you will discover a few such organizations in Sector 18, 60, 61,62,63 and so on.

With more speculations spilling in for the IT & Ites part, the interest for private properties in Noida is climbing. The speculations are to a great extent originating from Delhi and different parts of NCR locale. Likewise it gives simple access to Faridabad, Gurgaon and S. Delhi. It was in this way very evident that venture in a property here will yield sound returns.

Noida has a remarkable interest for private units, in addition, extensive interest for business and retail properties. The prime neighborhoods in NOIDA are Sector 14, 15, 27, 28, 29 and 37. The vast majority of the purchasers are purchasing private properties as a second home or for venture reason. The interest for single carpets has gone down these days, on the grounds that flats are more favored as they are moderately sheltered and secure and in addition offers better base and different offices like force back ups, upkeep, and so on.

Land industry today is more unreasonable, so assuming that you need to purchase a property in Delhi NCR you ought to think about numerous actualities. In NCR (National Capital Region) thousand property recorders are accessible that take a rate of the sums for each one offer. In NCR towns like Noida, Gurgaon, Ghaziabad and Faridabad are creating quick because of New Delhi and work chances.

For more information, you can visit Loan Clinic

Loans From Life Insurance Policies

Do you possess a insurance policy? The vast majority of us do. In the event that you claim a strategy, would you say you are mindful that in specific circumstances, you can really take out an advance through your protection? What brings about a noticeable improvement than a getting a credit from a bank? Everybody is acquainted with the ordinary method for getting cash from a fiscal organization.

Changeless Life Insurance Policies will aggregate a money worth and this cash might be acquired to help. This could be a true profit of Life Insurance or it can have genuine consequences.the basic role of Life Insurance is to give monetary security to your wards in the occasion of your demise. Individuals enter into protection contracts in light of the fact that they might want to have something to fall once more on the off chance that they encounter a misfortune later on.

The agreement of protection gives that the guaranteed or strategy holder must pay premiums throughout a specified period and when the development period comes, the safety net provider or the organization paid to deal with the danger is commanded to pay the approach holder the concurred returns. Lately, Life Insurance has created a few auxiliary purposes, for example, funds, venture, and expense postponement vehicles. Lasting Life Insurance Policies pick up a money esteem as time goes on and advances could be made against this money esteem. The trade esteem in for cold hard currency the approach is not really what is provided for you when you obtain against it. In any case it stays in your record and your Life Insurance stays in power.

A strategy holder who is amidst a money related emergency and who has no different method for getting monetary support has no decision however make utilization of his approach credit alternative to take care of his issue. Nonetheless, individuals who still have different method for getting monetary help ought to think about the favorable circumstances and burdens of getting an approach advance.

Taking a strategy advance is dependably a finer choice than ending your protection approach as it may have a low money surrender esteem by then. It is likewise a superior choice as contrasted with withdrawing from your collected or aggregate money esteem on the grounds that the recent decision will involve charge installments.

For more information, you can visit Loan Clinic

Loan Against Property Interest Rates

Even the most scrupulous spenders and savers may face times when finances are strained and a personal loan may seem like the best option to tide over the situation. Under the circumstance leveraging your property to seek a loan would be a good idea. You can use your house or any other property as a collateral or security with the bank you are seeking the loan from.

Taking a loan against property is definitely cheaper than a personal loan, where the interest rate is usually between 14% and 22%. The only loan that is less expensive than the one against a property is a home loan. Besides, since this is a secured loan with your property being a guarantee, you can get a higher amount than what you would get for an unsecured loan, such as a personal loan.

Banks expectedly exercise due diligence while analyzing the property as a collateral. The process includes the bank appraising the value of the property, and offering up to 70% of its value as loan. The interest rate, which can be floating or fixed, varies from 12-16%, which makes them cheaper than personal loans. Once the loan is sanctioned, you would have to bear the administrative and processing fee, which is usually 0.5-1.5% of the value of the loan.

Usually, the tenure for such a loan is 1-9 years, but some banks may be willing to extend it to 15 years if the loan is large. This again makes it a better option than a personal loan, which has a maximum term of five years. You can prepay the loan following the bank’s guidelines. While they cannot charge any fee for floating rate loans, there is a 2-4% penalty for fixed rate loans.

For more information, you can visit Loan Clinic

How Loan Against Property Can Help you Realize your Dreams

There are many times when people look for something which is quite easily accessible and loan against a property is one of those blessing which can very easily transform one’s fortune and create a number of opportunities.

Especially at a time when there is a rise in demand for quality real estate, the price for most of the things increased the requisite of debt as well. In this scenario, Loan Against Property or (LAP) refers to a multipurpose loan which can be derived with the help of mortgaging your existing residential or commercial property to meet the financial liquidity requirements.

And additionally, this kind of loan creates great number of opportunities in front of the customers when they look for meeting their financial situations for education, marriage, home renovation, debt consolidation or even expansion of business ventures.

This kind of loan against property can be obtained by people who are salaried, self employed individuals, partnership firms and private ltd companies as well. Usually banks and financial institutions have their own set of methodologies to estimate the loan eligibility of individuals.

Based on your particular requirement and assessment of your property to be mortgaged, this loan can range from Rs.2 lacs to up to Rs.10 crores. There are other considerations as well such as, your income, the kind of savings you have, credit history and of course repayment capacity.

All this information helps the banks in terms of clearly understanding your capacity to repay on a regular basis. For this kind of loan, the age limit is fixed between 18 to 60 years. Normally the maximum loan amount can be upto 50% of the property value for commercial setups and up to 60% in case of the residential properties scenario.

And in such loan against property, banks offer individuals two kinds of interest rate and these are, Fixed Rate of Interest and Floating Rate of Interest. Interest rates on this loan generally range from 12 per cent to 15.75 per cent.

It is important to note that loan against property is usually approved for a tenor of 15 yrs (180mths). The borrower can select to make the repayments either through Electronic Clearing Service (ECS) or Post Dated Cheques (PDCs). Increasing today, this concept is catching up quite fast in India and helping people in terms of realizing their dreams.

Why You must Trust your Home Loan Provider?

Are You looking forward to taking a Home Loan? Well, if the answer is yes, you need to first develop that trust which is needed to create value for yourself while initiating the home loan.

In today’s scenario, the market for affordable housing is growing fast but still it takes a lot of effort to get that most advantageous loan for you and hence it becomes even more important for you to nourish and develop that special relationship with your home loan provider.

According to various studies, the number of people who want to buy home is also increasing day by day and especially in the Noida region, there is a huge demand for affordable housing today. In such situation people are looking forward to better home loan providers who can understand the value that has to be given to the customers in order to create better and bigger opportunities for themselves.

However, even when you are looking for home loan opportunities from such loan providers, you should keep in mind certain points that can always help you get the best deal in home loan. Here are some points that you must consider.

Reputation of the Bank – As a person taking home loan, you must check with the reputation of the bank. And hence you must have clear understanding about your financer’s customer care policy.

Also you must create and understand about different loan policies and schemes from your loan provider. So, after this it will be better for you to answers questions such as, which scheme is better Fixed or Floating? Or even Hybrid scheme for taking home loan. As a customer you must remember that before you go for the final loan document, you can evaluate and research about various loan options available in the market.