Radhika Finances

How Can I get a Project Loan.

Radhika Finances

Getting a project loan involves several key steps and eligibility requirements. Project loans are typically offered to businesses or individuals for funding large-scale ventures like construction, infrastructure, industrial setup, renewable energy projects, and more. 1. Project Planning & Documentation Before approaching lenders, prepare a comprehensive Project Report that includes: Project overview and objectives Market analysis and feasibility Cost estimates and fund requirements Projected cash flow and repayment plan Business model and expected ROI.Read More

How Much EMI Do I Need To Pay

Radhika Finances

Affordable EMIs, stress-free repayments! The EMI depends on: Loan Amount – The higher the amount, the higher the EMI. Interest Rate – Higher rates increase your EMI. Loan Tenure – Longer tenure reduces monthly EMI but increases total interest paid.

Documentation and Rate Of Interest ,Tenure

Radhika Finances

"Say goodbye to complex paperwork! Get your loan approved with simple documentation and quick processing to meet your financial needs on time.

Find out more about what we do?

At Radhika Finances we are committed to empowering individuals and businesses with smart financial solutions that drive growth, stability, and success. Whether you’re looking to secure a home, manage your business finances, or make intelligent investments, we provide a range of tailored financial products designed to meet your unique needs. Our team of experts is here to guide you through the complexities of the financial world with confidence, offering personalized solutions that ensure your financial peace of mind. From comprehensive loans to wealth management and investment strategies, we offer a broad spectrum of services that help you achieve your goals, every step of the way. Call us for More Details:09129768488,07248169374

LAP

A Loan Against Property is a secured loan where individuals or businesses can borrow money by pledging their residential, commercial, or industrial property as collateral. It is an ideal financing solution for meeting high-value personal or business needs like education, medical expenses, business expansion, debt consolidation, or any major financial commitment.

Advantages of Loan Against Property

High Loan Amount

Get a loan up to 60%–75% of the market value of your property.Lower Interest Rates

Being a secured loan, interest rates are lower than unsecured loans like personal loans or credit cards.

Longer Repayment Tenure

Flexible repayment options ranging from 5 to 20 years, reducing EMI burden.

Use for Multiple Purposes

Funds can be used for business, education, wedding, medical emergency, or any other legal purpose.

Continued Property Ownership

You retain ownership and usage rights of your property while it's mortgaged.

Top-Up Facility

Eligible borrowers may avail additional funds over the existing loan in the future.

Quick Disbursal

Fast approval and disbursal process with proper documentation and property evaluation.

Eligibility Criteria

For Salaried Individuals:

Age: 21 to 60 years

Stable income and minimum 2 years of work experience

Clear ownership of the property to be mortgaged

For Self-Employed Professionals/Business Owners:

Age: 25 to 65 years

Business operational for at least 3 years

Positive cash flow and stable financial track record

Ownership of residential or commercial property with clear title

Other General Conditions:

Good credit history (CIBIL score 650 or above preferred)

Property should be free of major legal or structural issues

Located within approved municipal limits

Documents Required

1. KYC Documents

PAN Card (mandatory)

Aadhaar Card / Passport / Voter ID / Driving License

Passport-size photographs

2. Income Proof

For Salaried Applicants:

Salary slips (last 3–6 months)

Form 16 / ITR (last 2 years)

Bank statements (last 6 months)

For Self-Employed Applicants:

Income Tax Returns (last 2–3 years)

Audited balance sheet and profit & loss statements

GST returns / Trade license (if applicable)

Business bank statements (last 6–12 months)

3. Property Documents

Sale deed / Title deed / Registered ownership documents

Latest property tax receipts

Approved building plan

Occupancy certificate / Possession letter

Encumbrance certificate (EC)

Property valuation report (may be arranged by lender)