Home Loan
Eligibility criteria
Below are the housing loan eligibility criteria for the individuals:
- Nationality should be Indian.
- Minimum age: 21 years and Maximum age: 65 years (Salaried) and 70 years (Self-employed).
- Minimum income: Rs 15000 per month (Salaried) and Rs. 12000 (Self-employed).
- CIBIL score should be 750 or above.
- Co-applicant should be family member (If applicable).
Documents required
If you are eligible for home loan, check below the documents required:
- KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).
- Last 3 months salary slip (Salaried) and Business profile (Self-employed).
- Processing Fee and CERSEI cheques.
- Signature proof.
Car Loan
Eligibility criteria
We offer auto loans for your favourite car. Check below the eligibility criteria for the same
- Nationality should be Indian.
- Minimum age: 21 years and Maximum age: 60 years (Salaried) and 65 years (Self-employed).
- Net income should be Rs. 10,000 per month or above.
- Applicants should have working experience for at least 2 years.
- Applicants must stay at their current residence for at least 1 year.
Documents required
Below are the documents required for applying for car loan
- KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).
- Income proof ( Salaried: Current 6 month’s salary slips / Past 3 month’s bank statement / Form-16 / Updated ITR and Self-employed: Past 3 month’s bank statement / Balance sheets / P&L accounts / Updated ITR ).
- Signature verification.
- Copy of vehicle registration certificate.
Personal Loan
Eligibility criteria
If you meet the five basic criteria mentioned below, you are eligible for a personal loan
- Nationality should be Indian.
- Minimum age: 21 years and Maximum age: 67 years
- Employed with Public, private or MNC.
- CIBIL score should be 750 or higher.
- Monthly salary should be starting from Rs. 22,000 (Based on the city you are living in)
Documents required
Below are the documents required for completing your application process
- KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).
- Salary slip of last 3 months.
- Employee ID card.
- Bank account statements of last 3 months.
Loan Against Property
Let us understand exactly what is loan against property. It is a loan that is provided by banks and the financial institutions for business and personal use as a mortgage loan. One needs to provide its property value against the value of loan.
Need for Loan Against Property
A loan against your property can be taken for various purposes. One can need it for various purposes like weddings, renovation of house or to fuel its venture with capital investment. There can be several reasons depending on an individual. It is a very safe loan lending for financial institutions and banks as they collateral the property.
In India, many salaried people opt for this loan as it caters their needs. People even take it for their child educational expenses, medical expenses and so on. This loan is easy to avail as it is secure in nature. Banks and institutions decide a margin while giving this loan against property. Loan against property is a way to accomplish your goals and get a financial aid.
Application Procedure
Now, applying for loan against property is not a problem anymore. We at Fast Credit helps you with your application with our numerous partnered banks. We have various banks with us who give this loan facility. We help you in choosing the best for you.
You can do proper research based on various factors and we make it possible for you to fulfill your dreams using investment. You just need to get connected with us and we assist you with application process.
Eligibility Factors for Loan
Income
If you are a salaried employee then your income must match their criteria and most of the banks will ask for the salary slips of last three months.
Employment Proof
You need to submit your employment proofs with them like a letter should able to suffice them and ITR returns submission is also required.
Credit Score
You credit score is really important for loan against property. Banks pull out your credit score to determine your credit history.
Age
The one who takes loan must meet the minimum age criteria i.e. 21 years
Getting a loan is no more a hassle now. You do not need to go to different banks and branches for application of loan. Do your research with us and we act as a one stop solution for you. Contact us for further details and documentation process. Fast Credit will be happy to serve you with its services.
Business Loan
Eligibility criteria
Everyone who meet the five basic criteria below are eligible for business loan
- Nationality should be Indian.
- Minimum age: 24 years and Maximum age: 70 years
- Business vintage should be 1 year or above.
- CIBIL score should be 750 or above.
- Business must be profitable for the past 2 years.
Additional criteria: The applicant must own a residence, shop, office or godown.
Documents required
Below are the documents required for completing your application process
- KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).
- Proof of business ownership (Trade licence/ITR/Establishment/Sales tax certificate).
- Income proof (ITRs and computation/ balance sheet (audited by a registered CA)/ P/L.
- Profit/Loss statement for the past two years).
- Last 6 months bank statement.
Education Loan
Want to pursue your educational dreams?
Looking for funds to chase your goal of higher education abroad?
But don’t know how to go about this? Well, Star Powerz has got you covered. Loans to aid the borrower pursue their educational needs and requirements from a reputed institution or college both nationally and internationally. Don’t hesitate to chase your educational dreams! Obtaining a loan has become easier than ever before, but carefully vetting through the best options is a time-consuming process. Use our Loan Eligibility and EMI calculator to make things simple.
Gold Loan
Eligibility criteria
Everyone who meet the five basic criteria below are eligible for gold loan Nationality should be Indian
- Minimum age: 21 years and Maximum age: 70 years
- Purity of gold should be 18K to 22K.
- If bank-minting coins, then 24 karats and up to 50 gms per applicant
- The applicant should be Salaried, Self-Employed Professional, Businessman, Farmer, or Trader.
Documents required
Following are the documents required for gold loan
- KYC documents (Aadhar card / Voter’s ID / Passport / PAN card).
- 2 passport size photographs.
- Application form for gold loan.
Credit Card
Want to apply for a credit card but are confused given the choices available?
Want to learn more about attractive credit card offers to cater to your needs?
Well, we have got you covered! A credit card is a thin piece of plastic issued by financial institutions to facilitate easy and immediate borrowing from a pre-approved limit. Making a purchase has never been this easy before. All it takes is a single swipe of the card. Avoid spending hours searching for the right credit card catering to your financial needs using Star Powerz.
Overdraft Limit
- Personal Line of Credit (PLOC) is a unique and innovative offering from Bajaj Finserv. It allows you to manage your cash flow more effectively and smartly.
- PLOC is an “interest only” loan facility where you are given a “credit Line” and you pay interest on the amount utilized. EMI of PLOC will consist only of interest amount, and not have principal.
- It works like a overdraft “OD” account. Customer has the freedom to part prepay as well as withdraw within the Line assigned as per convenience.
- Easy to use online tool to manage all part prepayments and drawdown requests
PLOC – Features
- Fixed Credit Line for a year (operates like a OD/CC limit) – No Drop-line.
- Renewal options after every year for same / enhanced amount.
- Option to convert outstanding into a normal term loan at the end of PLOC Period
- No Limit on number of part payments. No charges for Part Pre payment
- No Charges for Withdrawal
- No Collateral/Security required