Friday, July 20, 2018

Know These Important Steps for Taking Small Business Loan in Chennai



Important Steps for Taking Small Business Loan

Finance is indispensable need for any massive work. But when it comes about own small business, then to avail a loan to boost that business is become significant. In Chennai, starting your own business at there, the adequate amount is the fundamental aspects of an entrepreneurial finance. So, Rupee Station is likely to provide opportunity by offering Business startup loan in Chennai at lowest interest rates. How it would be more beneficial from the Rupee Station, take a view of following steps:

     How Rupee Station turns the Small Business Loan into Easy to Apply

Like other forms of financing, the small business loan also needs a few formalities to get approved. There are many banks and other leading Non-banking financial companies in Chennai which mostly rejected the loan application due to their different terms & conditions and eligibility as well. But at Rupee Station, here you can simply apply through the online by matching the eligibility criteria requirements. Your sufficient amount in a same city for last few years can consider making you the eligible for this loan.

Your Exceptional Credit Score can Play the Optimistic Role

Mostly banks and other private lenders are recognized only to the best credit score applicants. If you have a tremendous record of credit history, then nothing can become any obstacle for you to apply for a small business loan. However, applicant with the low credit score gets their small business loan sanctioned from the private lender in a few cases, what Rupee Station exactly does.

     Don’t apply directly from the Bank if you are the seriously Loan seeker

Bank is a financial source for the millions of people. Mostly people visiting in Branch in order to approve their loan request. But in most cases your application can also be rejecting due to the short of your eligibility and insufficiency related to amount. But at Rupee Station, it is possible to get sanctioned your small business loan without completing a formalities of lengthy documentation procedures through digitally. Apart from it, you can also successfully approach from the private lenders like non-banking financial companies at decent interest rates.

      The interest Rate is one of the most important factors for Small Business Loan

The interest rate shows and tells their borrowers that how much money will be cost by the end of the repayment period. Such condition, you can assume the Rupee Station as the important aspect for offering the attractive range of loan at the lowest rate of interest.

Rupee Station is a marketplace of the online financial solutions and also a Small Business Loan Provider in Chennai by offering the experience of hassle-free services to their borrowers at lowest interest rate and extended tenure period too. At Rupee Station, you can also simply apply for a loan without bothering in any lengthy procedures.

Monday, June 25, 2018

Loan Against Property: A Quick and Detailed Guide!


If you have your own house, a flat, apartment, or any other property, you are blessed. You can use those properties as collaterals to avail secured loans in India. Though the amount varies from one lender to the other, the process of availing loan against property is quite simple and easy for all. Rupee Station offers the loan against property to its clients and customers at the lowest interest rate and flexible EMI option.

Offer Loan Against Property
Loan Against Property in India

Loan against Property (LAP) is a type of loan where you need to keep your commercial/residential property as collateral. While doing this, it makes a secured loan in sight of the lender and promises the guarantee of repayment by using the property as the security.
Rupee Station is the online lending provider and provides you the entire easy process hassle-free documentation along with the cheap rate of interest, ranging from 10 to 15% within the tenure of up to thirty years. Let’s check that how we need to be eligible for obtaining the loan against property or what type of the properties can be kept as a mortgage:

What are the requirements of eligibility criteria for availing the loan?

Availing the loan for the property can be availed by anyone, no matter that he or she is self-employed, a salaried individual, or even a young professional. All you need to show your regular income along with having your name in a property. Apart from it, your credit history, bank assets or even the value of your property will also be considered.

What types of the properties are required to keep as Mortgage?

Whether it is a piece of land, own constructed house, any commercial property, owned residential property & much more are coming to the option for kept as a mortgage. So, in this matter, you will be easily able to get your loan approved of your required amount.

Points to consider before availing the Loan against property
  • You must do the EMI payment on-time for maintaining a good CIBIL score in the future.
  • The shorter the tenure, the better it is. So, make sure that the tenure is shorter
  • Just in case, if you are taking a huge amount of loan, then we would recommend you to take the insurance cover as well.

Amongst all such loan providers, the best option to avail loan against house or any other property is Rupee Station. Here, you get a plethora of benefits so that you can enjoy a quick and easy loan approval process.