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Profectus Capital (Loan against property)
Profectus Capital (Loan against property)
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Profectus Capital (Loan against property)
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Profectus Capital (Loan against property)Here are a few factors
| Location | 150 Km from Branch |
| CIBIL Score | 700+ |
| Applicant | Any Self Employed Person |
| Applicant Age | 23 Year to 55 Year |
| Loan Amount & Tenure | (i)
Loan Amount-25 Lac to 3Cr (ii) Tenure: (a) Residential/Commercial-5 Year to 10 Year (b) Industrial-Upto 9 year |
| Login Fees | 6500+ |
| Rate of Interest & Type | 13.75%-14.50% (Reducing) |
| TAT | Sanction-10
Days Disbursement-within 3 days after submission of documents |
| Processing Fees | Upto 1.50%+GST |
| Foreclosure Charges | Upto 24 Month-5% 24M-36M-4%>36M-3%,48M>2% |
| Insurance | 1%-4% |
| Minimum Business Vintage | 3 Year |
| Lock In Period | 12 Month |
| Part Payment Allowed | No |
| LTV | (i)
Residential-90% (ii) Commercial-90% (iii) Industrial-70% (iv) Plot-70% (v) if Machinery is Mortgaged then in case of Industrial Property & Plot 20% extra funding & for Residential or Commercial-then upto 100% funding |
| Product | (i) Fresh Loan (ii) BT+Topup (iii) Commercial & Industrial Purchase (iv) Auction Purchase (v) Seller BT+Topup |
| Program | (i)
Income Program-3 Cr (ii) LIP Program- 3 Cr (iii) Without ITR-3 Cr (iv) Banking Product-3 Cr (v) GST Progrma-3 Cr |
| FOIR | 90% of Cash Income |
| Cautious Profile | Service Provider & Traders |
| Negative Profile | (i)
Politician (ii) NRI (iii) Real Estate (iv) Applicant living in dominated area
(v) GYM (vi) Advocate (vii) Jewellers (viii)Share Traders (ix) Liquor Seller (x) Salaried Applicant |
| Funded Property | (i)
Residential Property (ii) Commercial Property (iii) Industrial Property
(iv)Plot (v) Khasra-Khatauni Property (vi)Un-approved Property (vii)Gram Panchayat Property (viii) Legal & technical not clear (ix) Sub-divided Property (x)Without MAP Property (xi)Subject to Sale Deed (xii) Regularized Colony (xiii) Stone Slab Property (xiv) Basement with 1st Floor (xv) Multi Tanented Property upto 5 Tanent (xvi) School (xvii) Hospital & Nursing Home (xviii) Hotel & Restaurant (xix) Single Sale Deed (xx) Lal Dora Property |
| Negative Property | (i) GPA Property (ii) Demolition List Property (iii) Bachha Flat (iv) Property in dominated area |
| Accepted Collateral | Other than Negative Property |
| Specific Property wise Funding Limit | On all property upto 3 Cr |
| Any Specific Product for Professionals | No Specific Product |
| USP | (i)
100% LTV for Commercial & Residential & 90% For Industrial (ii) 125% Projected Income is also considered of last 3 year average income. All type of cash income is taken |
| Additional | (i) UPSIDC Property which rarely people are doing they are doing (ii) Focus is only on Manufacturer |
Profectus Capital (Loan against property) EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 13 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,932 |
| Total Interest | ₹ 7,181 |
| Loan Amount + Interest | ₹ 107,181 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 23,803 | ₹ 2,993 | ₹ 26,796 | ₹ 76,197 | 23.80 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 76,202 | ₹ 4,186 | ₹ 80,388 | ₹ 0 | 100.01 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Work Process
Save Your Time with a Simple Loan Process
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
Required Documents to Apply for Profectus Capital (Loan against property)
Salaried income documents
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KYC of applicant & Co-Applicant
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Last 3 Month Salary Slip of Applicant
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Last 12 month Bank Statement of applicant & co-applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 2 Year Form 16 of applicant
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26AS of last 2 year of applicant & co-applicant
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Appointment letter of applicant if available
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Agreement to Sale if purchase case
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Property Paper with complete chain of last 13 years
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LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
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Sanction letter of all running loan
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Latest utility Bill if owned residence or rent agreement if rented
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2 Reference with contact details
Self Employed person documents
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KYC of applicant & Co-Applicant
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Last 3 year ITR with computation of income of applicant & co-applicant
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Last 3 year audited balance sheet of applicant
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Last 3 year Tax audit report of applicant
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Last 12 month Bank Statement of applicant & co-applicant
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26AS of last 2 year of applicant & co-applicant
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Copy of GST registration
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Copy of MSME registration
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Copy of Last 12 month GST return
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Agreement to Sale if purchase case
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Property Paper with complete chain of last 13 years
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LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
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Sanction letter of all running loan
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Debt Sheet
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Latest utility Bill of residence if owned or rent agreement if rented
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Latest utility Bill of Office if owned or rent agreement if rented
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2 Reference with contact details
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Last 3 year Debtors & Creditors on letter head
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List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Some Important Points
If Applicant is
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
3. If applicant is professional, then his professional degree is required
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