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18 days ago
Unfiled. Edited by financeseva1234 loan 18 days ago
financeseva1234 l MSME Loan Process
 
MSME Loan Process 
 
MSME stands for micro, small and medium enterprises, sometimes it is also known to SME for small and medium enterprises. MSME loan is a type of credit facility offered by various banks and financial institutions to individuals, MSMEs, startups and other business entities for business expansion purposes and to meet working capital requirements.  
 
The duration of MSME / SME loans varies from lender to lender. As MSME loans are unsecured MSME / SME Loans, there are some minimum eligibility requirements in order to reduce the risk for lenders. 
 
The maximum loan amount offered under an MSME loan is up to Rs. 1 crore (collateral-free loans) with a flexible repayment tenure of up to 5 years. However, the MSME loan interest rate shall vary as per business requirements and differ from bank to bank. 
 
It also allows various customizations to its financial products which makes them ideal for today’s competitive business environments. 
 
Ticket Value up to ₹ 2 Crore 
For SME and MSME Loans the ticket size ranges from Rs.50,000 and goes all the way up to Rs.2 Cr. This makes the business loans a veritable option for micro, small and medium enterprises.  
 
Apply for MSME / SME Loan Online 
The entire process of an MSME loan is seamless, easing the process that slows down slows down a loan approval. It even allows you to get same-day approvals and get in-principal letters.  
 
MSME / SME Loans without Collateral 
 
Most of the MSME loans come with an ease of unsecured or no collateral requirements. That means there is no requirement for collateral to get an MSME or SME loan.
 
24 days ago
Unfiled. Edited by financeseva1234 loan 24 days ago
financeseva1234 l Project Report for Loan  
 
 
Project Report for Loan 
 
A project report is a document that includes all the information related to the project. These documents are in written form which are interconnected to a specific investment or project. 
A project report includes documents that are used to determine and establish if it is realistic. It carries complete information on the required equipment or machinery prices, land and building, water and power requirements, manufacturing process, raw materials requirements, manpower requirements, financial assessments, project marketing costs, economic viability, efficiency, etc... 
 
The project report involved the estimated date on: 
  • Financial  
  • Technological 
  • Economical  
  • Managerial, and  
  • Manufacturing issues 
Elements of project loan 
  • General information  
  • Project description 
  • Rationale 
  • Sources of finance 
  • Assessment of working capital necessities 
  • Government approvals 
  • Social variables 
  • Financial factors, etc.
 
Table of Content 
A detailed project report contains the following information: 
  • Details about the project 
  • Approval by the government 
  • Needed raw materials 
  • Reference for financing 
  • Project finance 
  • Skills of the people that are included in the endorsement of the project. 
  • Information about the collateral should be given to several financial institutions. 
  • Details of the management team 
  • Information about the machinery, land, and building. 
Preparing a well-structured project report seems a hassle for entrepreneurs of their own, therefore financeseva comes with the industry experts who will be drafting a fine project report for a particular business.
 
25 days ago
Unfiled. Edited by financeseva1234 loan 25 days ago
financeseva1234 l Machinery Loan for MSME
Machinery loan for (MSME) Micro, Small, and Medium Enterprises is considered as a type of business loan to cater to the need of entrepreneurs, business owners and other business entities engaged in the manufacturing, trading and service sectors. The main purpose of a Machinery loan for MSME is to purchase new machinery/equipment or upgrade existing equipment for various business purposes.
 
Moreover, Loan for machinery purchase aids entrepreneurs in gaining more productivity while using new machinery and equipment. Increase in production or output results in higher profits from sales and distribution.
 
Most banks and NBFCs offer machinery loans at competitive interest rates. Interest rates offered by banks and NBFCs for their machinery loan shall vary depending on business requirements.
 
Steps to Apply for Machinery Loan Online Process
 
Step 1: Borrowers need to visit Financeseva.com to compare better options in a single platform.
Step 2: Fill in and submit the loan application form online
Step 3: Submit all the required documents as mentioned in the document checklist
Step 4: After documents submission, bank’s representative shall contact the applicant to proceed the loan procedure
Step 5: If the application and documents are approved, bank shall approve the loan within defined working days
Step 6: After loan approval, money shall be disbursed in the bank account mentioned of the applicant
 
 
26 days ago
Unfiled. Edited by financeseva1234 loan 26 days ago
financeseva1234 l Project Report
 
 
 
 
If you want to begin a new business or a project or want to enrich your existing business unit, funding is a primary need of any business.  
 
No matter how good you have planned for the business but lacking funds to execute the plan is totally waste. Business owners should approach for project report for bank loan and other financial bodies who can help you in arranging required starts to start or enlarge existing businesses. 
 
However, there are various need to avail a loan from Project Report for Bank Loan and the requirements differ from bank to bank depending on the amount and the type of loan you opt for.  
 
Importance of project report  
  • Project report aids to forecast the threats as well as the potential to score the business. 
  • Moreover, it assists the business owners to get an right idea about the original inputs required for the business.  
  • A project report makes it clear and simple to control the budget and the cost other than the projected cost. 
  • This can be a source of information to respond on the quality of work, success and team outcomes. 
  • This assists in getting funding and certain loans from several banks, financial institutions, Venture capital funds, Private equity, Government schemes like MUDRA loan, MSME loan in 59 minutes, etc. 
 
27 days ago
Unfiled. Edited by financeseva1234 loan 27 days ago
financeseva1234 l   Loan Against Property in South Delhi   
 
 
Loan Against Property in South Delhi 
 
Delhi is the national capital of the country. On an economic front, the city has a developing prominent commercial, economic and trading Centre.  
 
If you are looking for a flexible Loan Against Property, approach financeseva.com which are the most reliable lender.  
Applicants interested in availing a loan against property in south Delhi can read more about the features and benefits associated with the loan facility: 
 
High-Value Financing – Addressing your bigger financial needs with the help of a loan against property up to 5 Crore on a higher basis eligibility. 
 
Flexible Repayment – The repayment period ranges from 1 year to 30 years, giving you ample time to preplan your payment schedule. 
 
Zero Foreclosure Charges- Flexi loan allows you to foreclose the loan or do prepayment at zero costs or prepayment penalties- making it easier to repay for higher saving. 
 
Hassle-Free Balance Transfer- We would help you to move your existing loan against property to other lending institutions to avail lower interest rates and additionally enjoy a top-up facility and get up to 1 Crore. 
 
Manage Account Digitally- Check all your loan-related status and development at a single online platform and an EMI schedule is also available for a hassle-free loan process. 
 
29 days ago
Unfiled. Edited by financeseva1234 loan 29 days ago
financeseva1234 l Bank Loan for Startup
 
For entreprenuers securing funds for startup is one of the toughest challenges while starting a new business.
 
It is important for entreprenuers to understand the advantages and disadvantages of each funding methodology, estimating the required value of funds, application of funds, and projected financial position of a business which include revenue generation in order to approach and secure the funds.  
 
Banks are one of the largest funders of startups in India. There are varied types of funding available from banks as loans to cater each unique business requirements.
  
Bank Loan for Startup Business
 
You can avail a Bank Loan for Startup business loan from a bank or a financial body in order to raise funds to start a business of your own or expand your current business. The rate of interest charged by the bank will depend on the loan amount availed by you and the repayment tenure.
You can avail a startup business loan from a bank or a financial body in order to raise funds to startup a new business. Startup business loans come with attractive interest rates.
 
However, the interest rate charged by the bank will depend on the loan amount and repayment tenure selected by you.  
 
Some of the most popular and well-known schemes offered by the Indian government for startup are as follows:
 
Bank Credit Facilitation Scheme: This scheme aims to target meeting the credit needs of MSME sector. The repayment period of the scheme ranges between 5 years to 7 years.
 
Pradhan Mantri Mudra Yojana (PMMY): Under this scheme, all kinds of manufacturing, services, and trading sector units are The scheme has been categorized into 3 different categories namely Shishu, Kishor, and Tarun that facilitate loans between Rs.50,000 to Rs.10 lakh.
 
31 days ago
Unfiled. Edited by financeseva1234 loan 31 days ago
financeseva1234 l Home Loan Interest Rate
 
 
Home Loan Interest Rate
 
Compare the home loan interest rate from different lenders to get the lowest rates starting at just 6.45% p.a. Get a complete list of current Home Loan interest rates in India from all top leading banks and financial institutions.
 
Home Loan Provider in Delhi - We offers home loans at the lowest interest rates all over India. Check your eligibility and apply online.Limited time period
 
Financeseva Home Loan Starting @ 6.50% Onwards  
• Maximum loan 200% of registry value  
• Loan up to 90% of property value  
• Flexible tenure repayment
 
Home Loan Interest Rate of all Banks 2022
Bank Names                   Starting Interest Rate (p.a)
Axis Bank                                6.70%
Bandhan Bank                        8.75%
Bank of Baroda                       6.75%
Bank of India                          6.75%
Bank of Maharashtra              7.05%
Canara Bank                          6.90%
Central Bank of India              6.85%
Federal Bank                          7.90%
HDFC Bank                            6.65%
HSBC Bank                            7.45%
ICICI Bank                              6.70%
IDBI Bank                                6.90%
IDFC First Bank                       7.00%
IIFL                                          8.70%
Indiabulls                                 8.99%
Indian Overseas Bank            7.05%
Kotak Mahindra Bank             6.65%
LIC Housing Finance              6.90%
PNB Housing                          7.35%
Punjab National Bank             6.70%
Standard Chartered Bank       7.99%
Tata Capital                            8.50%
UCO Bank                              7.15%
Union Bank of India                6.80%
United Bank of India               7.10%
Yes Bank                                7.00%
 

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