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Starting a new business or project, buying new home, want mortgage loan or planning to buy your own office?
You can need various types of loan for different purposes. Types of Loan in which Finaccle can help you.
Now let us understand, each loan in detail
A home loan is a secured loan used to purchase a property, whether it's a developer's under-construction or ready-for-possession property or a resale property from a person or company. You can also use a home loan for property extension or refurbishment.
This is the traditional mortgage where customer has an option of selecting fixed or variable rate of interest and is provided for the purchase of property.
A company's growth is essential. In this competitive environment, a company cannot exist without increasing revenue and profit. There are numerous strategies to boost revenue, ranging from new solutions to performance marketing. However, all of this requires a significant amount of money.
Loan against your property is known as Mortgage loan. If you own a house you can give it up as collateral and get required finance for your business.
Loans are provided by the lender which is a financial institution such as a bank or a mortgage company.
A commercial property loan is a sum obtained from a bank or non-bank financial institution to purchase commercial property such as a ready-to-move-in office, showroom, or shop. The bank or NBFC mortgages the borrower's business property and charges an EMI on the loan amount.