Loans - HYCC Loan

savali Home Loan
TitleDescription
Purpose
  • Working Capital for Business, Agency, Trading
Limit of loan:
  • As per project report/balance sheet (Ratio analysis)
Eligibility:Small Business, Agency, whole Trade
Rate Of Interest
  • Upto 5 lakhs - 15.50%
  • Above 5 lakhs - 16.50%
Renewal Period 1 to 3 years
Security
  • Stock, Debtors, work in progress
  • Two guarantors
  • Additional Collateral Security
Other Charges
  1. Valuation fees-As applicable.
  2. Processing fee-
    Up to 50 laks 1%
    above 50 lakh 0.50%
Documents
  • Stock Debtors Statements
  • Two guarantor (property holders, Income proof)
  • Last three years profit & loss A/c, balance sheet & IT returns, Audit reports.
  • Photographs, identity proof, age proof, photo proof, residence proof of borrower & guarantor.(as per KYC norms)