Balaji Finance India

Personal loan

As economic scales hike up and get tougher, the cost of living sours high. And therefore it becomes difficult for a common man to make both ends meet. But at the same time, one cannot compromise his desires just because the money swings high and hence a wide variety of individuals resort to loans in order to fulfill their dreams. From Travel needs, medical emergency, wedding etc. Personal loan is the best solution for any urgent and short term need.

Education loan

Today, most of the students pursue education with the help of education loan. It helps to reduce financial risks. Cost of education is increased yearly, so people are switching loan for their children studies. Students are choosing this loan for their higher education. However, it is tax-free for repayment. With a simple process, one can apply for the education loan online. It can be taken for any course which students like to choose after completing higher secondary education. Lots of students get benefitted by taking it from the bank.

Pay - Slip - loan

some personal and unsecured loans require proof of income and a pay-slip from work is usually the most simplest way of showing how much you earn each month. This includes guarantor loans too - in some cases, especially for mortgages, the brokers or lenders require a history of 3 pay-slips to confirm your salary.Your payslips can used as proof any earnings to get, the tax you have paid, and any pension contributions you have made. This can be useful, for example, when you are wanting to rent or buy a house, as sometimes you are asked for proof of employment along with tax returns and payslips for proof of the amount of income.

ITR loan

A return of income is a defined form which can list out the particulars of income and the taxes paid on the same by an individual, firm or organisation in a financial year. This in turn can be presented to the Income Tax Department. There are differing forms for incomes of different status and nature and they are readily available on the online portal of the Income Tax Department of India.The Income Tax return (ITR) form will now have to reflect all cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period of post demonetisation.

Property loan

Loan against property (LAP) is also known as 'Home Equity Loans' and is basically a kind of loan against the security of one's property. LAP is designed to meet the financial needs of a person who already owns a house, which is free from any encumbrance (i.e. it is not given as security for any purpose).In other words it actually connotes - a loan given or disbursed against the mortgage of property. There are many ways you could arrange for money, and one of those ways is taking a loan.

Project loan

A type of loans for purchase / construction of commercial property in approved areas. This includes loans for office space, shops.Project loans are usually used to finance a large-scale building that provides some public benefit. The financing is typically secured by all of the project assets, including the revenue-producing contracts. Project lenders are given a lien on all of these assets and are able to assume control of a project if the project company has difficulties complying with the loan terms.A loan agreement is made between the project company (borrower) and the lenders. Loan agreement governs relationship between the lenders and the borrowers.

Documents	Self Employed (Individual)	Firms & Companies	Salaried
Application Form	Yes	Yes	Yes
Photograph	Yes	Yes (Partners / Directors)	Yes
Identity Proof	Yes	Yes	Yes
Address Proof	Yes	Yes	Yes
Signature Proof	Yes	Yes	Yes
Date of Birth Proof	Yes	Certificate of Incorporation	Yes
Income Details	IT Returns, Balance Sheet & P/L Account Statement last 2 years	-	IT Returns, Form 16 for the last 2 years and last 3 months salary slips
Business Proof	5 Years	5 Years	Appointment Letter / Salary Slip
Bank Account Statement	For last 6 Months	For last 6 Months	For last 3 months
Partnership Deed	-	Yes ( For Partnership)	NA
MOA /AOA	-	Yes ( For Companies)	NA

Kindly note that the list of documenets mentioned is indicative. During loan processing additional documents may be asked for. The same will be appropriately communicated to you as and when required.

Reach Us

Address :

Balaji Finance India

The Traditional Market Of Kalyan Nagar In Front Of Sun Tower, Ludhiana, Punjab - 141008

Get in touch

Email : info@balajifinanceindia.com

Office Timing :

11:30am - 5:30pm

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