Solution 4 Finance is the top leader in home loan and loan against property, We provide home loan best interest rate 7.99% june 2020, Tata capital housing finance limited the best home loan provider company in India,
👉PSL- UPTO 35 Lacs where property value is up to 45 Lacs ——- 7.99% (Minimum CIBIL score 750)
👉Normal Income Case- 8.5% to 9%
👉NANO- 9.50% to 10%
👉Banking- 9.25% to 9.75%
👉GST- 9.25%
👉GRP- 10.10% to 10.60%
👉Low LTV- 11.30% to 11.80%
👉AIP- 12.50% to 13.25%
👉 Normal Income Prog: 5L – 300L
👉 Banking Program: 10L – 200L
👉 GST Program: 30L – 200L
👉 Low LTV Prog : 10L – 75L
👉 Gross Receipts: 20L – 300L
👉 Nano: 5L – 30L
👉 Assessed Income: 5L – 30L
👉Normal Income Prog: 50L – 300L
👉 Banking Program: 50L – 200L
👉 GST Program: 50L – 200L
👉 Low LTV Prog – 10L – 75L
👉 Gross Receipts- 50L – 300L
👉 Nano: NA
👉Assessed Income : NA
*Program/ Profiles Discontinued*:-✖LIP
✖LRD
✖Developer Funding
✖MTP ( Same as RTR Product)
✖NRI + Merchant Navy.
* Few Other things to notice while sourcing the case*:
✔CIBIL Score needs to be 700
✔Not more than 3 CIBIL enquiries in last 3 months excluding lockdown period.
✔Import / Export Contribution shouldn’t be more than 30% of Biz Income
✔Customer who have a availed moratorium – Not allowed to fund till Sept 2020
✔SOIP (Industrial Prop) is allowed.
✔Seller BT discontinued.
✔LAP to Salaried Profile is Discontinued.
✔Not more than 2 bounces in RTR in last 12 months and nil bounce in last 6 months ( Including Moratorium period)
✔Future Rental Income is discontinued.
✔Under Banking, we will now consider Daily AVG Balance.
✔Min. Seasoning of BT Loan to be ideally 15 Months
✔The Risk Categorization of Sectors/Products/Services/Business have been done under 3 Categories.
