| 1. What are the documents required? |
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- Parent document
- Sale Deed
- Encumbrance certificate for 20 years
- Patta
- EB Card
- Property tax receipt / Water tax receipt
- Copy of the PAN card/Pass port/Driving license, Ration card/ voters ID
- 3 years Income Tax Acknowledgement and Statement
- 1 year bank account statement
- Existing loan details- home loan/ car loan / personal loan/ Etc
- Approved plan
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| 2. Whether long term loan is given? |
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YES!!! We can arrange long term loan with Financial Institutions or Banks based upon eligibility criteria and merits. |
| 3. Whether unsecured loan like personal loan against PDC is given? |
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No... All loans are secured |
| 4. What is the minimum and maximum loan amount? |
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Minimum Rs25 lakhs and maximum Rs5 crores |
| 5. What is the rate of interest charged? |
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Rate of interest depends on the following factors:
Profile of the borrower
Quantum of loan
Tenure |
| 6. How long will it take to process the loan? |
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After getting all relevant documents, loan will be disbursed within 72 hrs |
| 7. Whether loan will be given for properties outside Chennai city? |
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No... Only with in Chennai city and near by suburbs. |
| 8. Whether loan will be given based on 3rd party security? |
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No... Only for the property owner |
| 9. What is the maximum term of the loan? |
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Short term...Maximum 60 days. |
