Financial Services

PERSONAL LOAN :-

By virtue of being an unsecured form of credit, you can avail a Personal Loan without pledging any collateral with minimal documentation, and easy eligibility criteria. This kind of instant loan does not have any end-usage restrictions, which means you could finance a royal wedding, a trip to your dream destination, renovate your home, deal with a medical emergency, or finance the expansion of your business. VFS will connect you to a lending partner of your choice, and our team will take you through the process quickly with ease. Choose from our catalog of Personal Loan Partners of Banks and NBFCs according to your needs and convenience for rapid approval and swift disbursal of your personal loan.

HOME LOAN :-

Vihaan Financial Services is one of the leading DSA to offer Home Loans to prospective Home buyers. We at Vihaan Financial Services understand that buying a home and building it, is more or less a once a lifetime event and we pledge to make the process towards this event, a hassle free one. The rates at which we offer Home Loans will be one of the lowest you will find in the market, as we are associated with top notch leading banks and NBFCs. However, the interest rate for home loan depends on a lot of factors like your total loan amount, your profession, maximum period of repayment etc. Any amount of money borrowed from a bank or an NBFC for the purchase, expansion, or construction of a home at a certain fixed or floating rate of interest, payable in EMI or Equated Monthly Installment over an agreed period, is termed as a Home Loan. The property remains as security with the lender for the term or period of the loan. You may avail a home loan for purposes such as:

• Purchase of Residential Property
• Acquisition of Land
• Home Construction
• Home Expansion
• Home Renovation
• Balance Transfer

BUSINESS LOAN :-

Businesses require an adequate amount of capital to fund startup expenses or pay for expansions. As such, companies take out business loans to gain the financial assistance they need. A business loan is debt that the company is obligated to repay according to the loan’s terms and conditions. A bank loan is obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals’ credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers who are offering a number of advantages and reasons to seek business finance elsewhere.

LOAN AGAINST PROPERTY :-

This is one of the easiest ways you can raise money i.e. by keeping your property (residential/commercial) as a guarantor for availing a loan. That means your own property helps you in getting a loan. Loan against property is a secured loan. This is because a property is been handed over to that bank by the borrower acting as a guarantee. LAP is very secure as per customers point of view. It adds credibility to the customer. Because of that bank or any financial institute will not question the customer/client repayment capability. Real value makes LAP available at the affordable rates.

This is a secured loan so :-

• EMI is lower
• Cheaper Interest Rate
• Longer Tenure
• Maximum amount possible given as loan amount

The tenure of LAP is more compare to personal loan. Bank checks all the documents related to property that the borrower is providing for the loan. Properties that can use in LAP are mostly self-occupied or rented residential property. It can be a house or even a piece of land. In LAP, ownership of that property which the consumer has handed over as a collateral, it always remains with that consumer, unlike in Home Loan in which the ownership is completely transferred to the Financial Institute/Bank. The consumer doesn’t have to repay the whole loan to get the ownership. At any point in time, if the consumer is not able to repay the loan amount, he/she can sell the property accordingly. The amount that he receives by selling that land, through that settlement of the loan can be done. When the repayment of the loan is completed with the charged interest the consumer gets his property back. EMAIL: vihaanfinancialservices@gmail.com MOB NO.:- 9620510501