Monday, 28 April 2014

Personal loan and business loan in ahmedabad with least documentation

People may get the amount as a loan from the bank. There are about 50 banks offering loan to the people in India as well as in ahmedabad. The loan can be provide for various purpose like personal loan, business loan, home loan, mortgage loan and industrial loan. The Personal loans are the most used loans.

The Personal Loan in Ahmedabad is now very easy for people. Personals are unsecured loans. It is provided by the banks without taking any collateral security. The end purpose is not restrictive and not tracked by the bank. It is the simple and quick loan available with minimal documentation.

The Business Loans in Ahmedabad, India are provided to industries and entrepreneurs. It is the high risk loan, fetches the higher interest rate. Very few NBFCs and banks are there to provide this loan. Last 2 year’s audited balance sheets are considered for the loan. The business loan is not provided for the speculative usage; however the end product is also not tracked.

Home Loans in Ahmedabad are also the popular loan in India. The home loans are available for the residential and commercial property and also for the industrial shed. In India the home loans are provided by banks and NFBCs up to 80% of the agreement value of the house, but the other charges like stamp duty and registration charges are not considered. The banks have the panel of the valuers to get the estimation cost of the property.

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