You can borrow from Aasaan Loans, if you are Indian citizen, and 23 years and above with a income as per Aasaan loans policy
You can avail a Aasaan loans:
1) Sign up / Register
2) Fill in the application form
3) Upload document
4) Pay Login fees
5) Get loan approval
Need to add for salaried
· 1 years bank statement(instead of 3 months)should not be 15 days older at the time of file login, identity proof pan card,residence proof
Need to add for Self-employed
· 1 years bank statement, and should not be older than 15 days at the time of login
· 2 years ITR’s along with (computation of income, profit & loss a/c and balance sheet.
· Business proof 5 years old
We offer loan amount from Rs.1 lac to Rs.30 lacs
Tenure ranges from 1 to 7 years, depending on the product you choose.
Transferring your outstanding home loan availed from another Bank / Financial Institution to Aasaan loans is known as a balance transfer loan.
Any borrower who has an existing loan with another bank/HFI in which he/she have had a regular payment track of 12 months, can avail a balance transfer loan from Aasaan loans
You have to give self occupied residence house or self occupied shop which is aceptable as security by Aasaan Loans norms.
You can avail an additional top-up as per Aasaan loans along with balance transfer
Aasaan Loans will determine loan eligibility largely by your income and repayment capacity. Other important factors include your age, co-applicant income, collateral offered by you as a loan secruity.
Market value refers to the estimated amount that is expected to be fetched on the property as per the prevailing market conditions.
Aasaan Loans will levy certain NACH/ECS bounce charges/penatiles. In addition it will get reported in your credit report, depending on the severity of the default it can have seroius impact on your future credit possibilites like home loan, car loan, etc
Yes there is login fees this you have to pay at the time of login your loan proposal and processing fees will taken when your loan get sanctioned.
Tax benefits under section 24 (B) this section allows salaried individual to take advantage of the loan against property income tax benefits, your eligibile for tax deducation of 2 lacs if you use the loan against property amount to fund your new residential house.
Emcumbrance on a property refers to claims or charges on the property due to liabilites such as unpaid loans and bills. it is critical that during your home search you considered properties which are free of encumbrances of any sort.
You can take disbursement of the loan once the property has been technically appraised, all legal documentation has been completed and approved by external and internal team of Aasaan Loans.
It is loan gainst your property, Residential or commerical which is free hold.
Business expansion, purchase of new stock/raw material, clearing of huge interest Debts, transferring your outstanding loan availed from another bank/financial institution.
Aasaan Loans offer tenure between 3 years to 7 years for all secured product.
A immediate family members such as your parents, spouse and childrens
You can take disbursement of the loan once the property has been technically appraised, all legal documentation has been completed and approved by external and internal team of Aasaan Loans.
Aasaan Loans retains the right to reject a loan application if the applicant’s creditworthiness is insufficient. Incomplete paperwork in compliance with Aasaan Loan’s policy, failed document verification, and intentionally submitting erroneous information to trick the Aasaan Loans systems and processes are causes to deny loan applications, according to our credit verification process.
Loans will be extended to the Small Entrepreneurs looking for business growth. The loans will be provided for purchase of fixed assets, Machinery, Equipment’s, Procurement of stocks and other business improvement activities. These loans will be made available only against Property Collateral.
Yes all property owner have to be on loan structure as Applicant and Co-applicants.
Aasaan Loans offer tenure between 3years to 7 years for all secured product.
Aasaan Loans retains the right to reject a loan application if the applicant’s creditworthiness is insufficient. Incomplete paperwork in compliance with Aasaan Loan’s policy, failed document verification, and intentionally submitting erroneous information to trick the Aasaan Loans systems and processes are causes to deny loan applications, according to our credit verification process.
Business Loan for Women to help become financially independent so they can grow their business.
Women who is having existing business’ with 2 years of business’ stability.
Maximum loan availed is upto Rs. 5 lacs.
For formal income, Rs.12000/- is required and for informal Rs.15000/- is required.
Maximum tenure of loan is 7 years.
Rate of interest is 17% to 20%
650 is the minimum Cibil score required.
Required individual as well business KYC.
Yes, you are required to take 1 male co-applicant for loan, should be immediate family member.
Any salaried or self-employed individual having Identification Proof can apply for Two/Three/Four wheeler loans.
Minimum age of 21 years.
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