OUR SERVICES
We provide "One Stop Financial Solutions" providing umbrella services for all your finance needs
Monday, November 18, 2024
Thursday, June 20, 2024
Car Loan(New/Used)
Features and Benefits of our New /Used Car Loan
- Quick Car Ownership: Get your dream new car without waiting to save up all the money.
- Flexible Financing: We lend you the funds needed to buy the car, and you pay us back in smaller, manageable installments.
- Enjoy the Newness: Experience the excitement of a brand-new car with all its latest features.
- Options Galore: Choose from a wide range of Old or New car models that suit your taste and needs.
- Building Credit: Making regular payments can help improve your credit score over time.
- Warranty Coverage: Many new cars come with warranties that provide peace of mind.
Individuals who are at least 21 years old at the time of loan application and no older than 60 at the end of the loan tenure
Individuals who have worked for at least two years, with at least one year with the current employer
Individuals with a minimum earning of Rs. 2,50,000 per year, including the income of the spouse/co-applicant.
For Self Employed Individuals
Individuals who are at least 25 years old at the time of application and no older than 65 at the end of the loan tenure.
Those who have been in business for at least three years.
Should earn at least Rs. 2,50,000 per year
Used Car Loan Eligibility Calculator
Refer to calculator
Used Car Loan Eligibility Criteria for Top Banks:
- Age: Generally 21-65 years.
- Income: Minimum monthly or yearly earnings.
- Employment: Stable job with experience (1-2 years).
- Credit Score: Good score, often 650 or higher.
- Down Payment: Certain percentage of car's cost.
- Documentation: ID, address, income proofs, car papers.
- Loan Amount: Based on income and repayment ability.
- Debt-to-Income Ratio: Consideration of existing debts.
Used Car Loan Eligibility for Salaried Individuals/Self-Employed Individuals
Factors Affecting Used Car Loan Eligibility:
Credit Score
Income Level
Employment Stability
Debt-to-Income Ratio
Age of Car
Loan Amount Requested
Down Payment Amount
Loan Tenure
Credit History
Existing Financial Obligations
Documents Required to Apply for New Car or Used Car Loan
- KYC documents (Valid Photo ID Proofs)
- PAN Card
- Last 2 years' ITR as proof of income
- Salary Slip (latest 3 months)
- Salary account statement(latest 6 months)
- Signature Verification Proof
- Performa Invoice of the New Car If Used Car Purchase Kindly That Car Full Set Of Documents{R.C Book,Insurance,Noc,Ownership Tranfer Certificate,Owner Details}
Thursday, May 30, 2024
Housing Loan
A housing loan/home loan is usually taken for purchase, construction, or renovation of a property. The property remains with the lender as security for the duration of the loan. Interest rates on home loans are fixed or floating. UNICAP FUND SOLUTION is a home loan professional who offers you the best home loan rates in Mumbai at low home loan interest rates, fast home loan approval. We are Providing for affordable housing loans in All Over Tamilnadu.
You can take out a home loan for reasons like:
Buy a House
The most common type of loan to buy house is a mortgage property until you repay the loan.
House construction
If you have land and you need money to build a house on it, then you can choose a house construction loan.
Expansion of the house
If you already have a home, and want to expand it, you can choose this option.
Home renovation
Home renovation loan is best suited for improving and upgrading existing homes
for a better life.
Land purchase
Loan to purchase land is designed to facilitate the purchase of land/plots.
Balance transfer
Home Loan Balance Transfer lets you transfer your high interest rate loan to a
low interest rate bank or financial institution to reduce your EMI burden.
Steps To Get Home Loan
• Fill out and submit a home loan application.
• Submit the required documents for further processing.
• Pay the home loan processing fee.
• Your home loan application and documents will be examined and verified.
• Your home loan application will be sent for approval or approval.
• Your lender will visit the property you want to purchase for legal
inspection.
• After approval, your home loan amount will be disbursed by check.
How To Loan Eligibility Criteria
The basic home loan eligibility criteria are as follows:
Age
• Salary Person - 21 years to 58 years
• Self-employed persons - 25 years to 65 years
Employment
• Salary Person - At least 2 to 3 years proof of working in a Private or
Public limited or Propertiorship or Partnership or Handcash company
• Self-employed person - Proof of having at least 1 years in the current
business
Income
• Salary Person - Minimum Rs. 15,000 per month
• Self-employed persons - Minimum Rs. 250,000 per year
Credit score
• Generally, a credit score of 650 is considered a good score for home
loan approval
Other eligibility criteria
• Must have resided in the city of residence for at least 1 years.
• NRIs can be made only through normal banking channels or by
sending NRIs from abroad through this account.
• If you are a salaried professional, your monthly EMI can be
considered against a loan of about 50% of your monthly gross
income.
• Make sure your credit history is not bad before applying for a home
loan.
Wednesday, May 29, 2024
Business Loan
Get high Business Loan Eligibility
Before applying for the loan, prepare a business plan, know your credit score, decide the loan amount, do some market research on available business loan options, and keep the documents ready.
Common Documents Required
Proof of address & photo identity proof of the promoters, business proof, income proof, partnership deed for partnership firm, articles of association, memorandum of association, board resolution, PAN card, etc.
Criteria for Business Loan Approval
Applicants should be aged between 21 to 65 years, having business vintage of a minimum of 1-2 years. The minimum business turnover and a minimum annual turnover as per the ITR will be required. The business should be profit-making for at least the last 1 year.
- Term Loans
- Working Capital Loans
- Business Expansion Loans
- Equipment Financing Loans
- Invoice Financing & Bill Discounting
- Machinery Loans
Monday, May 27, 2024
Personal Loan
Customer Having Minimum Account Salary 12k We are Providing Personal Allover India With Low Rate Of Interest.
Personal Loan Features
A personal loan is an unsecured loan that is not backed by collateral or security. This makes it a flexible financing option, as there are no limitations on its use.
The followings are the ways a personal loan can be useful:
- Debt consolidation: Combining multiple debts into a single loan with a lower interest rate to save money on interest payments and make it easier to manage debts.
- Home renovation: Using a personal loan to fund home renovation projects can increase the value of your home and improve your living conditions.
- Medical expenses: If you have unexpected medical expenses, such as emergency surgery or hospitalization, a personal loan can help cover the costs.
- Emergency expenses: A personal loan can help cover unexpected expenses like medical emergencies or car repairs to avoid financial hardship.
Documents required to apply for Personal Loan
Identity Proof - Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
Proof of Residence or Address Proof - Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card, Electricity Bill, Telephone Bill, Ration Card
Age Proof - Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
Income Proof - 1 year Bank statement, 3 months Salary Slips
Employment Proof - Employment Certificate, Office address proof
GST or VAT Registration for Self-employed
Photograph - Passport-size photographs
Business proof - Business registration documents such as a partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
Income tax returns – Documents of the past 2-3 years to verify income and tax payment history
EMI Calculator for Personal Loan
An EMI calculator is a useful tool that can help you estimate the monthly installments you will have to pay towards your personal loan within a specific period. By using the Ruloans Personal Loan EMI calculator, you can calculate your EMI beforehand, which can help you plan your finances better. Additionally, you can check your eligibility and compare different loan options using Ruloans Personal Loan calculator.
Fees and Charges for Personal Loan
The fees and charges of personal loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to personal loans.
Other fees and charges that lenders may levy on your personal loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.
Tuesday, January 31, 2023
Working Capital
Every business requires working capital and working capital means the
funds required to carry out the tasks of daily business which may include
rent, salary, raw materials, upgrade technology, maintain cash flow, pay
utility bills, and other expenses required for the business.
UNICAP FUND SOLUTION provide working capital finance service in Tamilnadu and offer
professional working capital solutions. We offer working capital advisory
services, working capital against work order, working capital term loan and
during the period ensure a pleasant experience throughout your borrowing
journey.
Loan Against Property
Tamilnadu is the financial and commercial capital of India which keeps the
value of the real estate market constantly rising, and in such places your
property can be used for your financial needs.
If you are in need for urgent funds then we help you get the loan against
property in Mumbai, Thane at low interest rates. Get quick and hassle-free
loan on property mortgage with minimal documentation.
Finance / Loan against property is the best financial product to raise funds
that can be used for personal and business use. This includes residential,
commercial and industrial properties through which you can avail loan
against property without income proof.
1. General economic needs
At times in life there may be financial need such as renovation of property,
higher studies and travel expenses etc. And in that case, you can get rid of
your problem with this.
2. Business expansion
There is a huge financial need to expand the business and you can easily
get the required amount by mortgaging your property.
3. For immediate working capital requirement
If you have land and you need money to build a house on it, then you can
choose a house construction loan.
4. Buying commercial Property
With a loan on your existing Property you can start a New business or
prosper by buying a commercial property.
5. Investment in machinery and technology
Investment in machinery, equipment and technology is essential for the
growth of any business and your assets can be useful in times of great
need.
Tuesday, January 24, 2023
One Stop Finance Solution
We Provide "One Stop Financial Solutions" providing umbrella services for all your finance needs and can help you procure Personel Loan, Home loans, Property loans, Working capital loans, Construction finance and Real estate consultants.