Apex Finance & Marketing founded by Subhrajeet Talukdar in Mumbai in April 2006 has launched Eazeeloans.com a premier loan advisory portal for Personal Loans, Business Loans, Home Loans, Loan against Property, Auto Loan, Secured loan. Unsecured loan.
EazeeLoans.com offers the best loan deals, is managed by well trained professionals and is associated with various leading banks to provide fast and easy hassle free loans.
Eazeeloans.com has already gained acceptance and popularity amongst applicants for the above products in a very short time span through peer reviews and word of mouth publicity. The vision of Eazeeloans is to provide the best offer in relation to services such as documentation, rate of interest and loan quantum in a personalized manner tailor made for each customer all available under one roof.
EazeeLoans.com aims to be the ultimate destination for every kind of Consumer finance solution. With support of Finance Partners and efficient service EazeeLoans.com provides speedy loans. A team of dedicated and trained staff takes care of all the documentation and other formalities.
EazeeLoans.com provides one window and tailor-made solutions for your unique loan requirements & needs. Many new features and applications currently under development will soon be added to give visitors a more complete and fulfilling experience.
Further details on product features, eligibility, documentation
'process, rate of interest, loan Tenure, Income criterias, Loan process charges faqs , Privacy Policy, and registration page for Bank's/DSA's available on site.
For Personal Loans, Business loans, Home Loans, Loan against Property, Auto Loan, Mortgage loan, Secured loan, Unsecured loan apply on www.eazeeloans.com
Wednesday, September 9, 2009
Personal Loan-All you wanted to Know.
Personal Loan-All you wanted to know.
Source: www.eazeeloans.com
What are the features of Personal Loan?
The main features are:
It is a Unsecured loan suitable for any purpose Like:
Education
Marriage
Medical purpose
Purchase of Property or Assets
Repay old loans
Investments
Holidays
Gifts....etc.
It is Hassle free loans - No guarantors or security /collateral required.
Loans to salaried & self-employed.
Special offers for Professionals like Doctors, chartered accountants, engineers, architects, company secretaries,MBA's etc.
Loans are available from Rs.50,000/- to Rs.20 lakh.
Repayment options,from 12 to 60 months in easy EMI's.
Loans available against surrogate income of any auto, personal or home loan.
Minimum documentation, & fast approval.
What are the Various types of personal loans available?
Personal loans can be broadly divided into income based and non income based.
Income based loans are given on the basis of income per month/per year for salaried and self employed respectively.
Non income based loans also know as surrogate loans are given based on repayment track records of existing personal loans,car loans,home loans and Credit cards from approved banks.Minimum instalments paid/Months on books required is 9-12 months.
What are the eligibility criterias?
The eligibiliy criterias for salaried and self employed are :
SALARIED:
Applicant should be Indian Citizens Working and residing in Mumbai.
Mininimum age required is 21 years and Maximum 58/60 years.
Minimum Work Experience-1 month in current company and 3 years overall.
Minimum Net Take Home - Rs.20,000/- per month .
Residence-either Owned,rented or company provided.
Telephone/mobile mandatory at residence.
Currently most of the banks are providing unsecured personal loans only to employees of Private Ltd ,Limited and multinational companies.
SELF EMPLOYED:
Applicant should be Indian Citizens Working and residing in Mumbai.
Mininimum age required is 23/25 years and Maximum 65 years.
Minimum 3 years experience in same business.
Minimum income Rs.2.50 lakh per annum.
Residence/Office -either Owned,rented or company provided.Either residence or Office should be self owned.
Telephone/mobile mandatory at residence and office.
Partnership firms ,Private Ltd.companies and deemed Limited companies are eligible.
HOW IS ELIGIBILITY CALCULATED?
Diffferent banks have different ways of calculating the eligibility.In the case of Salaried, generally most of the banks would calculate eligibility to be 1/1.5 times of annual income.Factors such as existing loan liabilities ,avg bank balance,track record on existing loans loan,companty profile & loan tenure also plays a part in deciding eligibility.
In the case of Self Employed's the eligibility would depend on the turnover, existing track record,net profit, cash credit /overdraft limit enjoyed, line of business,cash flow,bank statement,existing loan liability amongst other things.Generally the loan amount is limited 1.25 to 4 times of cash profit generated less existing liabilities or a certain percentage of turnover less existing liabilities.
WHAT IS THE LOAN TENURE?
Loan Tenure is the period within which the applicant wants to repay the loan .Loans can be repaid from 1 year to 5 years.
The rule of the thumb being longer the tenure higher would be the loan eligibility and vice versa.The age of the applicant along with period of service left also influences the loan tenure.
WHAT ARE SERVICE CHARGES?
Service charges,loan processing charges ,bank charges are various ways of describing the fees which the bank charges for processing and disbursing loans.It is deducted directly from the loan amount and is generally restricted to 2% to 3 % of the loan amount.IT is a one time fee.
WHAT ARE THE DOCUMENTS REQUIRED?
SALARIED:
Photograph.
Pan Card Copy.
Current residence Proof.
Salary Slips for 3 months.
Bank statement for 6 months.
Appointment letter and proof of work experience.
Sanction letters of existing/Closed loans.
SELF EMPLOYED:
Photograph.
Pan Card Copy.
Residence and Office address proof(Either residence or
office should be self owned).
IT Returns CA certified copies for 2 years complete set.
Business Continuity/existence proof 3 years old.
Business banking 6 months.
All existing loan sanction letters.
Qualification proof for professionals.
What is the loan Process?
One can apply for a personal loan any time in anticipation of a quick,hassle free and unsecured finance for any purpose.The verification process at residence and office is physically done within 2/3 days on submission of all documents required.
There is a simultaneous credit check done to find out the credit history of the applicant in the bank applied as also other banks.If all the checks are positive the credit officer normally has either a telephonic or physical discussion with the applicant at his office.
Subject to the discussion being positive the applicant has to sign an agreement and also hand over PDC'c(Post Dated Cheques) or authorisation for ECS(Electronic Clearing System).The applicant generally gets either a direct credit in his/her account or receives a Draft within 2/3 working days after executing the agreement.The entire Process may take 5/7 working days.
Who can apply for a personal loan?
Salaried Individuals and Selfemployed individuals,Partnership firms,Pvt Ltd and Deemed Ltd companies can apply.
What are the Income Criterias for Salaried?
A Salaried Individual needs to have Minimum NTH(Net Take Home Salary) Of Rs.20000/- pm.
What are the income criterias for self employed?
Mininimum Income of Rs.2.5 to Rs.3 lakh per annum is the accepted norm.
What is the minimum and maximum loan amount?
The minimum loan amount for salaried is Rs.50,000/- and maximum Rs.15 lakhs For Selfemployed the minimum loan is Rs.1 lakh and maximum 20 lakh.
What are the age Criterias?
For salaried the minimum age is 21 years and maximum 60 years.
For Self employed's the Minimum age required is 25 years and maximum 65 years .
Is a no income Proof loan available?
Yes,salaried individuals and self employed's can apply on the basis of existing personal loan, auto loan & home loan tracks on which minimum 9/12 EMI's have been paid .
What is the loan tenure?
The minimum loan tenure is 1 year and maximum 5 years.
Is securities or guarantors required for a personal loan?
No security,hypothecation,guarantors or mortgages is required in a personal Loan.
Can a person staying on rent apply?
Yes,applicants staying either on owned ,rented or company provided accomodation can apply. Permanent residence address proof may be required in case of rented accomodation.
What are the interest charges?
Interest charges depends on various factors like the Loan Amount,Company profile, qualification & Income etc.It could vary from 16 % to 26% on a monthly reducing basis.
Can the loan be prepaid?
Yes,the loan can be prepaid after paying 6 instalments.
Are there any pre-payment charges?
Generally all banks charge 4% to 5% of the principle outstanding as prepayment charges.
Source: www.eazeeloans.com
Subscribe to updates
The Best Links
Source: www.eazeeloans.com
What are the features of Personal Loan?
The main features are:
It is a Unsecured loan suitable for any purpose Like:
Education
Marriage
Medical purpose
Purchase of Property or Assets
Repay old loans
Investments
Holidays
Gifts....etc.
It is Hassle free loans - No guarantors or security /collateral required.
Loans to salaried & self-employed.
Special offers for Professionals like Doctors, chartered accountants, engineers, architects, company secretaries,MBA's etc.
Loans are available from Rs.50,000/- to Rs.20 lakh.
Repayment options,from 12 to 60 months in easy EMI's.
Loans available against surrogate income of any auto, personal or home loan.
Minimum documentation, & fast approval.
What are the Various types of personal loans available?
Personal loans can be broadly divided into income based and non income based.
Income based loans are given on the basis of income per month/per year for salaried and self employed respectively.
Non income based loans also know as surrogate loans are given based on repayment track records of existing personal loans,car loans,home loans and Credit cards from approved banks.Minimum instalments paid/Months on books required is 9-12 months.
What are the eligibility criterias?
The eligibiliy criterias for salaried and self employed are :
SALARIED:
Applicant should be Indian Citizens Working and residing in Mumbai.
Mininimum age required is 21 years and Maximum 58/60 years.
Minimum Work Experience-1 month in current company and 3 years overall.
Minimum Net Take Home - Rs.20,000/- per month .
Residence-either Owned,rented or company provided.
Telephone/mobile mandatory at residence.
Currently most of the banks are providing unsecured personal loans only to employees of Private Ltd ,Limited and multinational companies.
SELF EMPLOYED:
Applicant should be Indian Citizens Working and residing in Mumbai.
Mininimum age required is 23/25 years and Maximum 65 years.
Minimum 3 years experience in same business.
Minimum income Rs.2.50 lakh per annum.
Residence/Office -either Owned,rented or company provided.Either residence or Office should be self owned.
Telephone/mobile mandatory at residence and office.
Partnership firms ,Private Ltd.companies and deemed Limited companies are eligible.
HOW IS ELIGIBILITY CALCULATED?
Diffferent banks have different ways of calculating the eligibility.In the case of Salaried, generally most of the banks would calculate eligibility to be 1/1.5 times of annual income.Factors such as existing loan liabilities ,avg bank balance,track record on existing loans loan,companty profile & loan tenure also plays a part in deciding eligibility.
In the case of Self Employed's the eligibility would depend on the turnover, existing track record,net profit, cash credit /overdraft limit enjoyed, line of business,cash flow,bank statement,existing loan liability amongst other things.Generally the loan amount is limited 1.25 to 4 times of cash profit generated less existing liabilities or a certain percentage of turnover less existing liabilities.
WHAT IS THE LOAN TENURE?
Loan Tenure is the period within which the applicant wants to repay the loan .Loans can be repaid from 1 year to 5 years.
The rule of the thumb being longer the tenure higher would be the loan eligibility and vice versa.The age of the applicant along with period of service left also influences the loan tenure.
WHAT ARE SERVICE CHARGES?
Service charges,loan processing charges ,bank charges are various ways of describing the fees which the bank charges for processing and disbursing loans.It is deducted directly from the loan amount and is generally restricted to 2% to 3 % of the loan amount.IT is a one time fee.
WHAT ARE THE DOCUMENTS REQUIRED?
SALARIED:
Photograph.
Pan Card Copy.
Current residence Proof.
Salary Slips for 3 months.
Bank statement for 6 months.
Appointment letter and proof of work experience.
Sanction letters of existing/Closed loans.
SELF EMPLOYED:
Photograph.
Pan Card Copy.
Residence and Office address proof(Either residence or
office should be self owned).
IT Returns CA certified copies for 2 years complete set.
Business Continuity/existence proof 3 years old.
Business banking 6 months.
All existing loan sanction letters.
Qualification proof for professionals.
What is the loan Process?
One can apply for a personal loan any time in anticipation of a quick,hassle free and unsecured finance for any purpose.The verification process at residence and office is physically done within 2/3 days on submission of all documents required.
There is a simultaneous credit check done to find out the credit history of the applicant in the bank applied as also other banks.If all the checks are positive the credit officer normally has either a telephonic or physical discussion with the applicant at his office.
Subject to the discussion being positive the applicant has to sign an agreement and also hand over PDC'c(Post Dated Cheques) or authorisation for ECS(Electronic Clearing System).The applicant generally gets either a direct credit in his/her account or receives a Draft within 2/3 working days after executing the agreement.The entire Process may take 5/7 working days.
Who can apply for a personal loan?
Salaried Individuals and Selfemployed individuals,Partnership firms,Pvt Ltd and Deemed Ltd companies can apply.
What are the Income Criterias for Salaried?
A Salaried Individual needs to have Minimum NTH(Net Take Home Salary) Of Rs.20000/- pm.
What are the income criterias for self employed?
Mininimum Income of Rs.2.5 to Rs.3 lakh per annum is the accepted norm.
What is the minimum and maximum loan amount?
The minimum loan amount for salaried is Rs.50,000/- and maximum Rs.15 lakhs For Selfemployed the minimum loan is Rs.1 lakh and maximum 20 lakh.
What are the age Criterias?
For salaried the minimum age is 21 years and maximum 60 years.
For Self employed's the Minimum age required is 25 years and maximum 65 years .
Is a no income Proof loan available?
Yes,salaried individuals and self employed's can apply on the basis of existing personal loan, auto loan & home loan tracks on which minimum 9/12 EMI's have been paid .
What is the loan tenure?
The minimum loan tenure is 1 year and maximum 5 years.
Is securities or guarantors required for a personal loan?
No security,hypothecation,guarantors or mortgages is required in a personal Loan.
Can a person staying on rent apply?
Yes,applicants staying either on owned ,rented or company provided accomodation can apply. Permanent residence address proof may be required in case of rented accomodation.
What are the interest charges?
Interest charges depends on various factors like the Loan Amount,Company profile, qualification & Income etc.It could vary from 16 % to 26% on a monthly reducing basis.
Can the loan be prepaid?
Yes,the loan can be prepaid after paying 6 instalments.
Are there any pre-payment charges?
Generally all banks charge 4% to 5% of the principle outstanding as prepayment charges.
Source: www.eazeeloans.com
Subscribe to updates
The Best Links
Saturday, August 29, 2009
Eazeeloans.com Achieves Milestone of 1000th Customer.
Eazeeloans.com has touched its 1st milestone of 1000 customers applying for loan on its portal in only the 2nd month of its launch pan India.
"The achievement is specially relevant in the current global economic meltdown scenario where most businesess have been affected and layoffs have become the trend.The accomplishment gives credence to the already accepted fact that given the power of choice,simplicity and convenience the consumers would opt for the very best"says Subhrajeet Talukdar the founder."We are already targeting our next milestone of 10,000 loan applications" Unquote.
Eazeeloans.com is a loan advisory portal launched by Apex Finance & Marketing in Mumbai in 2006 that offers the best loan deals for Personal Loans,Home Loans,Property Loans,Auto Loans,Business loans,Mortgages, Secured loans,Unsecured Loans.It is managed by trained professionals and is associated with various leading banks to provide fast and easy hassle free loans.
Eazeeloans.com has already gained acceptance and popularity amongst applicants for the above products in a very short time span through peer reviews and word of mouth publicity.The vision of eazeeloans is to provide the best offer in relation to services such as documentation,rate of interest and loan quantum in a personalised manner tailor made for each customer all available under one roof.
Eazeeloans.com aims to be the ultimate destination for every kind of Consumer finance solution. With support of Finance Partners and efficient service Eazeeloans.com provides speedy loans.A team of dedicated and trained staff takes care of all the documentation and other formalities.
Eazeeloans.com provides one window and tailor-made solutions for customers unique loan requirements & needs.Many new features and applications will soon be added to give visitors a more complete and fulfilling experience.
You can give your business the impetus you were looking for....
Get the Eazeeloans advantage.
Register with Eazeeloans.com on a cost per lead basis, and..
*Get authenticated leads of interested customers from preferred location.
*Provide services to the customer from the bank you are affiliated with.
*Retain the customer for life by investing only once.
About the author:
The author Subhrajeet Talukdar founded Apex Finance & Marketing in April 2006 in Mumbai and has launched Eazeeloans.com a loan advisory portal that offers the best loan deals for Personal Loans, Home Loans, Property Loans, Auto Loans, Business loans, Unsecured loans, Unsecured Finance in Mumbai.
They have their offices at :
B 7/8,Sai Prasad CHS,
N C Phadke Marg,
Andheri,
Mumbai-400069.
Maharashtra.India.
E Mail :info@eazeeloans.com
Website :www.eazeeloans.com
Subscribe to updates
"The achievement is specially relevant in the current global economic meltdown scenario where most businesess have been affected and layoffs have become the trend.The accomplishment gives credence to the already accepted fact that given the power of choice,simplicity and convenience the consumers would opt for the very best"says Subhrajeet Talukdar the founder."We are already targeting our next milestone of 10,000 loan applications" Unquote.
Eazeeloans.com is a loan advisory portal launched by Apex Finance & Marketing in Mumbai in 2006 that offers the best loan deals for Personal Loans,Home Loans,Property Loans,Auto Loans,Business loans,Mortgages, Secured loans,Unsecured Loans.It is managed by trained professionals and is associated with various leading banks to provide fast and easy hassle free loans.
Eazeeloans.com has already gained acceptance and popularity amongst applicants for the above products in a very short time span through peer reviews and word of mouth publicity.The vision of eazeeloans is to provide the best offer in relation to services such as documentation,rate of interest and loan quantum in a personalised manner tailor made for each customer all available under one roof.
Eazeeloans.com aims to be the ultimate destination for every kind of Consumer finance solution. With support of Finance Partners and efficient service Eazeeloans.com provides speedy loans.A team of dedicated and trained staff takes care of all the documentation and other formalities.
Eazeeloans.com provides one window and tailor-made solutions for customers unique loan requirements & needs.Many new features and applications will soon be added to give visitors a more complete and fulfilling experience.
You can give your business the impetus you were looking for....
Get the Eazeeloans advantage.
Register with Eazeeloans.com on a cost per lead basis, and..
*Get authenticated leads of interested customers from preferred location.
*Provide services to the customer from the bank you are affiliated with.
*Retain the customer for life by investing only once.
About the author:
The author Subhrajeet Talukdar founded Apex Finance & Marketing in April 2006 in Mumbai and has launched Eazeeloans.com a loan advisory portal that offers the best loan deals for Personal Loans, Home Loans, Property Loans, Auto Loans, Business loans, Unsecured loans, Unsecured Finance in Mumbai.
They have their offices at :
B 7/8,Sai Prasad CHS,
N C Phadke Marg,
Andheri,
Mumbai-400069.
Maharashtra.India.
E Mail :info@eazeeloans.com
Website :www.eazeeloans.com
Subscribe to updates
Thursday, May 7, 2009
Have you ever felt the need for a quick and hassle free way of getting a Personal Loans,Business loans,Home Loans,Loan against Property,Auto Loan ,Unsecured loan,Secured loan.
I am sure you would have faced the situation sometimes or the other in your fast paced and stressfull career.
Perhaps you would like to share your experience of going about the task of getting a quick fix solution to your problem.
Most people have gone through a harrowing experience of applying ,providing documents,verification process and more only to find out that there is a vast gap in promises made during initial pitches by various providers and the actual sanction if at all.
There are a myriad of reasons for the same .Not understanding the profile of the customers and the nuances of the products offered by various banks and lending institutions being the foremost.
Is there a simple solution?
Yes, apply on Eazeeloans.com.
Eazeeloans.com is a loan advisory portal for Personal loan,
Home loan,Auto Loan,Loan against property,Business loans in Mumbai.
Eazeeloans.com is managed by a team of experienced professionals
having vast experience and indepth knowledge in the above fields.
At Eazeeloans.com you can get quotes of different banks and Financial
Institutions providing the above facilities.Eazeeloans.com provides a
single window for all your financial needs.
EazeeLoans.com is the ultimate destination for every kind of Consumer finance solution. With support of our Finance Partners and efficient service EazeeLoans.com provides speedy loan to their customers at their door. Our trained staff takes care of all the documentation and other formalities.
Click on Eazeeloans.com for a quick quote from various banks and enjoy
a hassle free and relaxed way of availing the various facilities
provided.
The author Subhrajeet Talukdar is the founder of Apex Finance & Marketing in Mumbai in April 2006 and the promoter of www.eazeeloans.com a premier loan advisory portal.
Subscribe to updates
I am sure you would have faced the situation sometimes or the other in your fast paced and stressfull career.
Perhaps you would like to share your experience of going about the task of getting a quick fix solution to your problem.
Most people have gone through a harrowing experience of applying ,providing documents,verification process and more only to find out that there is a vast gap in promises made during initial pitches by various providers and the actual sanction if at all.
There are a myriad of reasons for the same .Not understanding the profile of the customers and the nuances of the products offered by various banks and lending institutions being the foremost.
Is there a simple solution?
Yes, apply on Eazeeloans.com.
Eazeeloans.com is a loan advisory portal for Personal loan,
Home loan,Auto Loan,Loan against property,Business loans in Mumbai.
Eazeeloans.com is managed by a team of experienced professionals
having vast experience and indepth knowledge in the above fields.
At Eazeeloans.com you can get quotes of different banks and Financial
Institutions providing the above facilities.Eazeeloans.com provides a
single window for all your financial needs.
EazeeLoans.com is the ultimate destination for every kind of Consumer finance solution. With support of our Finance Partners and efficient service EazeeLoans.com provides speedy loan to their customers at their door. Our trained staff takes care of all the documentation and other formalities.
Click on Eazeeloans.com for a quick quote from various banks and enjoy
a hassle free and relaxed way of availing the various facilities
provided.
The author Subhrajeet Talukdar is the founder of Apex Finance & Marketing in Mumbai in April 2006 and the promoter of www.eazeeloans.com a premier loan advisory portal.
Subscribe to updates
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