SHRI BALAJI FINANCE SERVICE
1/4, Shiva Market, Madhuban Chowk, Pitampura, Delhi-110088
Contact No. : +91-75086-88160 , +91-83759-22923
Email id: shribalajifinance1988@gmail.com
Website: www.shribalajifinance77.blogspot.com
Our team is experienced in advising and execution of below products
Private equity
Venture capital
Project equity
Project loan
Working capital
Term loan
Unsecured loan
Debt restricting
Home loan
Ration Card Loan
Marksheet Loan
Loan against property
Business loan
Equipment loan
Vehicle loan
Here are detailed work flows for our product
We provide following services:
INDIA’S real estate segment is rapidly growing. This is very profit making business and now days. After recession it’s booming. There are various banks, financial institution and NBFCs are offering loans new construction. Construction finance itself describes its nature and activities. And individual firm company engaged in the business of real estate development or construction can avail this loan. General bank or lending institution prefers those builders having good background of quality construction and good reputation in market. Bank prefers that builder who is in business for at least 2 years. In some hour cases bank can take a call for new builder too. For existing construction company required document are- 3 years financial statement, audit report , banking, cash flow statement,DPR Etc. after analyzing the document lenders/ bank decides the limit or the amount to be sanctioned. Each and every bank amount lending institution has its own different policy. For example one institution sanction 10 cr. Loan amount one projected of borrower. For same project other institute might offered 12 or 14 cr., this usually happened due to internal credit policy or ability to take more risk call on case to case basis. Depending on cash flow of project bank may provide holiday period too. Bank provides lending to residential or commercial project. Builder can get fixed or floating rate of interest depends on prime lending rate. Builder of repay loan either in installment or after selling the developed premises.
Over draft facility looks similar with cash credit facility but it is different too. Bank provide DD facility and borrower can withdraw fund from OD account up to an agreed limit. Overdraft facility is going because borrower pay interest only for the time borrower uses money. It gives flexibility to borrower deposit fund at any time. Borrower can use funds up to his credit limit.
Interest is calculate daily on the fluctuating outstanding balance and is normally charged at the end each month. The rate of interest for overdraft account depends on banks’ prime lending rate.
A BANK GUARANTEE (BG) IS A Guarantee made by a bank on behalf of a customer. Bank issues basis guarantees, on behalf of their customers, in favor of third parties like government department, public sector organization, etc. there are two types of guarantee viz. performance guarantee and finance guarantee. The type of guarantee, track record of customers and their financial position are the guiding factors in deciding the guarantee limit, security and margin. Projectfundingindia.com help client to guarantee limit letter of credit (LC) frequently used in international transaction to ensure that payment will received. A bank guarantee and a letter of credit are similar in many ways but these are two difference.
Lease rental discounting (LRD) is a term loan offered against receipt derived from lease contract with corporate tenants. The loan is provided to the lesser based on the discount value of the rent and the underlying property value. Lease rental discounting helps to raise funds against the future expected rentals of self owned commercial property. To avail this property should be occupied by the lessee. Just like loan against property, LRD can be provided for any business / personal requirements.
No security / collateral required repay with easy equated monthly installments simple documentation with a business installment loan, you will need to submit documents only. In contrast, cash create facilities need you to provide collateral/ security and submit documents regularly. Enjoy a maximum loan tenure of up to 24 months speedy loan processing generally – 24 HOURS.
SHRI BALAJI FINANCE
1/4, Shiva Market, Madhuban Chowk, Pitampura, Delhi-110088
Contact No. : +91-75086-88160 , +91-83759-22923
Email id: shribalajifinance1988@gmail.com
Website: www.shribalajifinance77.blogspot.com
Our team is experienced in advising and execution of below products
Private equity
Venture capital
Project equity
Project loan
Working capital
Term loan
Unsecured loan
Debt restricting
Home loan
Ration Card Loan
Marksheet Loan
Loan against property
Business loan
Equipment loan
Vehicle loan
Here are detailed work flows for our product
We provide following services:
INDIA’S real estate segment is rapidly growing. This is very profit making business and now days. After recession it’s booming. There are various banks, financial institution and NBFCs are offering loans new construction. Construction finance itself describes its nature and activities. And individual firm company engaged in the business of real estate development or construction can avail this loan. General bank or lending institution prefers those builders having good background of quality construction and good reputation in market. Bank prefers that builder who is in business for at least 2 years. In some hour cases bank can take a call for new builder too. For existing construction company required document are- 3 years financial statement, audit report , banking, cash flow statement,DPR Etc. after analyzing the document lenders/ bank decides the limit or the amount to be sanctioned. Each and every bank amount lending institution has its own different policy. For example one institution sanction 10 cr. Loan amount one projected of borrower. For same project other institute might offered 12 or 14 cr., this usually happened due to internal credit policy or ability to take more risk call on case to case basis. Depending on cash flow of project bank may provide holiday period too. Bank provides lending to residential or commercial project. Builder can get fixed or floating rate of interest depends on prime lending rate. Builder of repay loan either in installment or after selling the developed premises.
Over draft facility looks similar with cash credit facility but it is different too. Bank provide DD facility and borrower can withdraw fund from OD account up to an agreed limit. Overdraft facility is going because borrower pay interest only for the time borrower uses money. It gives flexibility to borrower deposit fund at any time. Borrower can use funds up to his credit limit.
Interest is calculate daily on the fluctuating outstanding balance and is normally charged at the end each month. The rate of interest for overdraft account depends on banks’ prime lending rate.
A BANK GUARANTEE (BG) IS A Guarantee made by a bank on behalf of a customer. Bank issues basis guarantees, on behalf of their customers, in favor of third parties like government department, public sector organization, etc. there are two types of guarantee viz. performance guarantee and finance guarantee. The type of guarantee, track record of customers and their financial position are the guiding factors in deciding the guarantee limit, security and margin. Projectfundingindia.com help client to guarantee limit letter of credit (LC) frequently used in international transaction to ensure that payment will received. A bank guarantee and a letter of credit are similar in many ways but these are two difference.
Lease rental discounting (LRD) is a term loan offered against receipt derived from lease contract with corporate tenants. The loan is provided to the lesser based on the discount value of the rent and the underlying property value. Lease rental discounting helps to raise funds against the future expected rentals of self owned commercial property. To avail this property should be occupied by the lessee. Just like loan against property, LRD can be provided for any business / personal requirements.
No security / collateral required repay with easy equated monthly installments simple documentation with a business installment loan, you will need to submit documents only. In contrast, cash create facilities need you to provide collateral/ security and submit documents regularly. Enjoy a maximum loan tenure of up to 24 months speedy loan processing generally – 24 HOURS.
SHRI BALAJI FINANCE
