Phone :

+ 91-9821283830/31/32

Email :

Location :

Plot No. 13, 503, 5th Floor, Parmesh Corporate Tower, Karkardooma Community Centre Delhi,, Delhi- 110092

Frequently Asked Questions

Q.Is it possible to reduce my existing EMI (Equated Monthly Instalment)?

Yes, it is possible to reduce your existing EMI through our Balance Transfer Facility at a lower rate of interest.

Q.What is the most important benefit of taking Home Loan?

Taking a Home loan is always advisable as it gives you various benefits. The most important benefit of Home Loan is that it enables you to get tax exemption as per Section 80-C under The Income Tax Act.

Q.Can I finalize my property after Pre-Approval of Loan?

Yes, you can finalize your property after Pre-Approval of your Loan. After receiving the letter you can plan the budget for your property.

Q.What is the validity of Pre-Approval letter of Home Loan?

Validity of a Pre-Approval letter varies from 30 days to 90 days, depending upon bank to bank.

Q.What is the meaning of Personal Loan?

Personal Loan is an unsecured loan availed by salaried person based on his/her net monthly salary (not requiring any asset or collateral).

Q.What is the benefit of taking Personal Loan?

Taking a Personal Loan can fulfil your urgent financial requirement like wedding, education, foreign trip, etc.

Q.What is the meaning of Business Loan?

Business Loan is an unsecured loan where self-employed professionals / Non- professionals can apply for a loan based on his/her income without providing any kind of security against the loan.

Q.What is the benefit of taking Business Loan?

Taking a business loan fulfils your urgent requirement of working capital in business.

Q.What amount can be availed as a Car Loan for new car?

The amount of new car loan can be availed up to 100% value of the car purchased. This percentage depends on various conditions including the characteristics of your car, loan requirement and your financial eligibility.

Q.What is the meaning of Used Car Loan?

Used Car loan is taken to buy an old car.

Q.What is the meaning of Refinance?

Refinance means to take loan against mortgage of an old car.

Q.Is a guarantor mandatory for a new car / used Car Loan?

No, a guarantor is NOT required.

Q.What is the meaning of EMI?

EMI stands for Equated Monthly Instalments. This instalment comprises both principal and interest components. EMI is based on the loan amount, rate of interest and tenure of loan.

Q.Is it possible to pay interest only for the amount of Loan I use?

Yes, by taking Dropline Overdraft (DOD) facility, it is possible.

Q.Can I mortgage more than one property to increase my loan amount?

Yes, it is possible .