Download App app-link

knowledge
center

Unleash the power of your property to make your dreams come true. The real estate sector remains one of the safest financial investment opportunities and a major asset. Faced with financial difficulties, solutions involving the pledging of existing assets as collateral are more advantageous than selling. With mortgages, you can get the most out of your inactive investments, including commercial and non-commercial real estate. Whether it's to develop existing businesses or to provide financial support to a newly founded business - a YES BANK Property Loan (LAP) is suitable for all of your financial needs. Why choose a home loan? Safe and punctual: Property is a static asset which makes LAP one of the safest loans. The time required to request, document and process LAP at YES BANK is low and therefore an ideal option for financial emergencies. Attractive interest rates: interest rates for mortgages are comparatively lower and there is a cheaper and longer amount for repayment. You are in control: the property remains the property of the borrower, even in the unfortunate event of a mortgage default. In such a scenario, the borrower can sell the property to solve the repayment problem and at the same time buy the balance to restore his financial assets. Unlimited growth: refinancing options allow a business to grow continuously by using an asset already pledged. Eligibility Salaried Minimum income - Rs.3 lakhs per year Experience: 3 years in total employment Self Employed Minimum income - cash payment of Rs.4 lakhs per year Minimum turnover: Rs. 15 lakhs per year for providers / commission income, Rs. 10 lakhs per year for doctors, Rs. 60 lakes for non-provider providers. Number of years in business / profession - at least 3 years Age norms: If the income is considered eligible: At least 23 years at the start of the loan and at most 65 years or retirement age, the earliest date being less than the loan expiration date. If income is not taken into account for eligibility: at least 18 years at the start of the loan and at most 70 years at the time of the loan application or 85 years after the loan expires. KEY ATTRACTIONS Higher loan amount Higher loan amount on favourable terms Solution Tailor made solutions to meet your business needs Features and benefits Product variants Commercial real estate loan Term loan on property Discovered line drop Discounts on leases Residential and commercial real estate Residential and commercial real estate accepted as collateral Balance transfer agency Balance transfer system with recharging device Other benefits Door service Funds can be used for professional and personal purposes Documents required: Proof of identity and signature Proof of address (office and place of residence) Financial documents: - Salary: 2 last salary slips and IT declarations / Form 16 for the last 2 years - Independent: last 2 years. The IT department returns with the calculation of sales, the verified balance and the profit and loss account, including the tax audit report and the invoice document if necessary. - Self-employed / small and medium-sized enterprises: IT yields with income calculation, audited balance sheet and profits and losses for the past 2 years

The real estate sector remains one of the safest financial investment opportunities and a major asset. Faced with financial difficulties, solutions involving the pledging of existing assets as collateral are more advantageous than selling. With mortgages, you can get the most out of your inactive investments, including commercial and non-commercial real estate. Whether it’s to …

Dream of owing a house_(A) -min

Our affordable and flexible home loans are designed to help you get closer to the home of your dreams. Our mortgage accessibility calculator is based on your needs, such as B. Duration, loan amount and interest rate to give you an estimate of your NDE. Explore our wide range of products to get the most …

ICICI BANK HOME LOAN (a) (1)

Buying a house is a dream for several and requires tons of monetary planning. ICICI Bank home loans make it easier for those that wish to understand this dream. At ICICI Bank Home Loans, we provide the answer and knowledge on home loans to shop for / build a replacement house or to renovate an …

HDFC HOME LOAN

                                  WHAT IS A HOME LOAN? A loan could be a add of cash that someone borrows from a bank or a loan company at an explicit rate of interest and that should be paid monthly with the easy …

Aadhaar - everythng to know -min

What is Aadhaar Card? The Aadhaar number is a random 12-digit number which is issued by the UIDAI (“Authority”) to residents of India after following the verification process defined by the Authority. Anyone regardless of age and gender, who resides in India can volunteer to obtain the Aadhaar number. The person wishing to register only …

Archives

Recent Posts

Tags