Loan Against Property
________________________________________
Apply for “Loan against Property” or “Mortgage loan” to meet your business or personal needs. With this loan you can now fulfill any of your personal or working capital requirements of your existing/new business. This will take 8 to 20 working days depends on the strength of the profile, this loan can be repaid up to 15 years Flexible Rate of interest.
Advantages and details
o Loan against Residential or Commercial properties
o Maximum loan eligibility, Maximum Loan Tenure at attractive interest rates.
o Door step service, easy documentation & speedy approvals.
o Loan for purchase of commercial property
o Loan against rents received from commercial property.
o Takeover of Existing loan with additional finance
Eligibility
Following constitution borrowers are eligible
o Individuals/Proprietorship concerns.
o Partnership firms.
o Private Limited Companies.
o Closely held Public Ltd Companies (not listed on any stock exchange).
Salaried Individual
o Any individual employed permanently in any Public sector Undertaking, Government undertaking, Multi National Company, Listed public limited company or well-known private limited company can apply.
o Minimum age at the time of loan application should be 21 years & maximum age at loan maturity should be lower than retirement age.
Self Employed Professional/Non Professionals
o Doctors, Charted Accountants, Cost Accountants, Architects, Engineers, Company Secretary, CFA's can apply.
o Any individual filling Income Tax returns can apply.
o Minimum age at the time of loan application should be 21 years & maximum age at loan maturity should not exceed of 70 years.
Loan Against Property
________________________________________
Apply for “Loan against Property” or “Mortgage loan” to meet your business or personal needs. With this loan you can now fulfill any of your personal or working capital requirements of your existing/new business. This will take 8 to 20 working days depends on the strength of the profile, this loan can be repaid up to 15 years Flexible Rate of interest.
Advantages and details
o Loan against Residential or Commercial properties
o Maximum loan eligibility, Maximum Loan Tenure at attractive interest rates.
o Door step service, easy documentation & speedy approvals.
o Loan for purchase of commercial property
o Loan against rents received from commercial property.
o Takeover of Existing loan with additional finance
Eligibility
Following constitution borrowers are eligible
o Individuals/Proprietorship concerns.
o Partnership firms.
o Private Limited Companies.
o Closely held Public Ltd Companies (not listed on any stock exchange).
Salaried Individual
o Any individual employed permanently in any Public sector Undertaking, Government undertaking, Multi National Company, Listed public limited company or well-known private limited company can apply.
o Minimum age at the time of loan application should be 21 years & maximum age at loan maturity should be lower than retirement age.
Self Employed Professional/Non Professionals
o Doctors, Charted Accountants, Cost Accountants, Architects, Engineers, Company Secretary, CFA's can apply.
o Any individual filling Income Tax returns can apply.
o Minimum age at the time of loan application should be 21 years & maximum age at loan maturity should not exceed of 70 years.
Auto Loan
Auto loans or Car loans (4 wheeler loan),we are Providing for,Individuals/Proprietorship concerns, Partnership firms, Private Limited Companies, Closely held Public Ltd Companies (not listed on any stock exchange).si ed individuals,and Self Employed Professional/Non Professionals etc.
Maximum loan eligibility, Maximum Loan Tenure at attractive interest rates,Door step service, easy documentation & speedy approvals.For all Brands to any person.
Construction Equipment
We are providing Construction equipment finance from various banks and Nbfcs. You may avail of a finance facility for your required equipment from any of your preferred manufacturers including JCB, Telcon, L&T Komatsu,Kobelco, Caterpillar, Volvo, Escorts, Case, Schwing Stetter, Hyundai, Terex, Ace, Liugong, Greaves, Sany, Putzmeister, Apollo,Puzzuloana,Nava,Sandvic,Alascapco, and many more.
New equipment for any project requires a sizeable investment. That’s why we are flexible and aggressive in New Equipment Finance market , it ranges from Rs.5 Lakh to Rs.15 Crores with flexible repayment options and attractive schemes for various equipments like Backhoe Loaders, Excavators, Tipper/ Dumpers, Transit Mixers, Cranes (Pick N Carry, Heavy Duty, Tower & Derrick), Wheel Loaders, Compactors, Road Roller, Pavers, Dozers, Graders, Compressors, Drilling equipments, Hot Mix Plants, Concrete Pumps/ Boom Placers, Crushing Plants, RMC Plants, Rock Breakers, WMM Plants , DG Sets, Fork Lifts, , Piling Rigs ,boomers etc.
Commercial Vehicle Loans
We are providing commercial vehicle loans to buses, tippers, transit mixers or any other heavy, light or small commercial vehicle that your business may require, with best terms and interest rates. We provide funding for entire range of commercial vehicles of Tata Motors, Eicher Motors, Volvo, Mahindra Navistar, MAN, AMW, Mahindra & Mahindra, Swaraj Mazda, Bajaj Tempo, Ashok Leyland, etc.
Types of Commercial Vehicles included in this loan:
o Buses: Intercity, School & College Bus, Staff Bus etc.
o Trucks: Small Truck, Light Truck, Medium Truck, Heavy Truck, Customized Truck Tankers ,Milk Tanker, Water Tanker, Oil Tanker, Chemical Tanker, Petroleum Tanker, Gas Tanker etc.
o Tippers, Heavy dumpers, Transit mixers, Tempos, Lorries, and long chassis, containers carriers etc.
Documentation
o Identity proof
o Address Proof
o Experience Proof
o Fleet List
o Bank Statement for 6 Months
o Past Track Record ( If any)
FAQ’s
o Are there any specific types of Commercial Vehicles for which finance is provided?
At Fullerton India, we finance all types of Goods and Passenger carrying vehicles, right from under 1 ton GVW vehicles to vehicles having a Gross Vehicle Weight of over 40 Tons.
o I have a working capital need for my business, can I take a loan on my loan- free commercial vehicle?
Yes, we provide refinance on a pre-owned commercial vehicle.
o Can I get a loan on a car that would be used with a commercial number plate ( Yellow Number Plate)?
Unfortunately, we do not finance passenger cars having a commercial number plate.
o My core business is not goods transportation, but I am looking to buy a vehicle which will help me reduce my dependency on a Transport Service provider?
Yes, we would be happy to extend our services to you. We would request you to please contact our call center and our executive will get in touch with you soon.
o What documents are required for financing my loan?
Please refer to our document checklist for the detailed list of document required for the loan sanctioning process.
o What is the rate of interest that I would be charged?
The rate of interest depends on a lot of factors such as the number of vehicles owned by you, your turnover, your repayment Track record, etc. We would be able to confirm the rate of interest once we have studied your documents.
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