LOANS

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STARTMYBUSINESS offers instant soft approval for various type of Loans. Which could be disbursed in 48 hours from hours 60+ Bank & NBFC Partners. Enjoy the fastest process, door step services, transparent processing, simple & easy documentation and competitive lowest interest rate.

Personal Loan Real time Approval

STARTMYBUSINESS offers instant soft approval for Personal Loan which further gets disbursed in 48 hours from our in-house NBFC, multiple banks & other NBFCs. Enjoy the fastest process, door step services, transparent processing, simple & easy documentation and competitive lowest interest rate.

We also provide loans to those who are bachelors living on the shared basis or rented.

A personal loan is purely unsecured, short term cash loan, which means that the individual customer is not required to provide the bank with any security (ex. property, jewels) or any kind of guaranty against the personal loan.

Formally, for any urgent cash requirement, we prefer personal loan. It can be taken for any general purposes like education, reconstruction of property/home renovation, a wedding expense, vacation etc. Most of the finance companies or other banks offer Personal Loan up to Rs. 40 lacs for salaried customers. Normally, it can be repaid over a period of 12 months to 60 months. Some of the banks are funding more than that.

The personal loan amount you are eligible for and the personal loan interest rate for you will depend on factors such as monthly income, customers employment history, residence history and past financial credit history along with the pattern. Banks typically have capped the monthly payment (EMI) on your loan to about approximately 60% – 70% of your monthly take home income. However, a customer cannot take a personal loan for any kind of bad investment or expense which is not approved by the banks or by the law.

Personal Loan offers / schemes, lowest interest rates from different financial companies.

  • We are here to help all our customers to get special offers from all the Banks/ NBFCs for quote on interest rates in many different ways (ex. monthly reducing rate, flat rate). Looking at the interest rate value alone might not give you a true picture of which personal loan quote is the best for you. You must check the EMI. The processing fee should also be considered when comparing loan quotes.

  • If you are in urgent need of Personal loan, just compare the average time taken by the banks to disburse a personal loan. Get Instant Personal Loan in Delhi.

  • Compare the customer satisfaction ratings of each bank and choose the best, as the application process is different at each bank.

  • You can take help for comparing the best deal from Startmybusiness team at free of cost.

Personal Loan Interest Rates

Read below comparison sheet for Personal Loan Interest Rates. Startmybusiness has consolidated all the information regarding the latest rate of interests at one place. This loan comparison will surely help you to apply for a personal loan. Please keep visiting this section to remain updated.

Comparison chart for the rate of interests and loan amount.

Banks/Finance companyMin. Salary Per month in RsRate of Interest BetweenLoan Amount Provides Between
HDFC BANK1500010.99% – 18%1 Lac – 40 Lac
ICICI BANK1750010.99% – 18%1 Lac – 40 Lac
Yes BANK2500010.75% –  16%2 Lac – 40 Lac
Capital First2000012% – 24%1 Lac – 10 Lac
Fullerton India1200018% – 40%25 k – 15 Lac
HDB Financial2000014% – 21%1 Lac – 15 Lac
Tata Capital2000012% – 18%1 Lac – 15 Lac
RBL Bank Ltd2000013% – 18%1 Lac – 15 Lac


Disclaimer:
 The interest rates given here are based on the market research. To enable the comparisons, the certain set of data has been reorganized/restructured / tabulated. This site does not take any responsibility for any sudden/uninformed changes in interest rates.

BUSINESS LOAN

Avail Business Loan up to Rs. 2 Crore from 40+ Banks and NBFCs. ✓ loan application and approval ✓Minimum documentation ✓No collateral ✓No guarantor required ✓Compare Interest Rates for a business loan ✓Affordable interest rates ✓Calculate your monthly Business Loan EMIs. ✓Flexible loan tenure upto 180 months

What is a Business Loan?

Each business is unique & have specific requirements. Business loan is offered by various  banks & financial institutions across the country are customized & customer centric. These are made to offer the business owners with the wide array of financing alternatives.

The small business loan is safest & easiest option to appropriately finance the business objectives. Banks & financial institutions offer tailor made loans based on nature, scope & goal of the requirements.

STARTMYBUSINESS brings special Doctors Program for MBBS, BDS & Above qualification Interest rate start from @10.99%, Loan up to 5 Years.

Features

Business loans in can be availed in range of Rs.1,00,000 to Rs. 2 Crore. These loan applications normally get approved quickly without any hassle during the process. Most banks & financial institutions provide the customer with promise of unsecured lending solutions when it comes to the business loan. The business loan come with the added benefit of services, like SMS, Web Chat, Phone Banking, etc. Some banks extend exclusive higher loan amounts to the self employed customers. With minimal paperwork & flexible repayment options, more & more business owners are leaning on business loan to fund the business need.

Benefits

Unsecured business loan enable businesses to fund exact exigencies & repay the loan amount in easy EMI. These loans are availed for the different reasons, including the business expansions, working capital, etc.

Banks & financial institutions offers business loans to customers with flexibility of the doorstep service. Furthermore, business loans in India normally do not expect any collateral, guarantor or security from an applicant.

Some banks offer customers with a facility of business loan within a minute, either online or through their branches. These speedy approvals assure that customers do not waste their time waiting to hear from banks for status of their loan application.

Business loans are destined to help small businesses to meet their capital & other requirements. Generally, the following categories of people can avail the business loan.

Business Loan Interest Rates 2018

To help its customers get the best interest rates on Business loans STARTMYBUSINESS has consolidated all the information regarding latest rate of interests at one place. Keep visiting this section and remain updated.

Information for comparison of rate of interests and loan amount.

Banks/Finance companyMinimum ITR Net Profit Rs.Rate of Interest BetweenLoan Amount Provides BetweenTurnover
HDFC Bank2.5 Lac15% – 18%1 Lac – 50 LacMin 1 Cr
RBL Bank2.5 Lac16% – 22 %1 Lac -50 LacNA
Kotak Mahindra2.5 Lac16% – 21%3 Lac – 75 LacMin 40 Lac
ICICI Bank2.5 Lac16% – 21%1 Lac -40 LacMin 30 Lac
FULLERTON INDIA2.5 Lac19% – 28%1 Lac – 15 LacNA
Magma Fincorp2.5 Lac19% – 22%1 Lac – 25 LacNA
Capital First1.5 Lac19% – 28%1 Lac – 15 LacNA
Axis Bank1.5 Lac19% – 28%1 Lac – 40 LacMin 40 Lac
Doctor Loan2.5 Lac11% – 15%2 Lac – 1  CrNA

 

Loan Against Property/ Mortgage Loan Approval

Get instant soft approval from the loan against the property by mortgaging your residential or marketable commercial property. Get up to 100% loan amount on your property’s value within seven working days. Interest rate starts from 8.50% from over 40 Banks & NBFCs.

We provide Loan against property on residential, commercial & Industrial Property.

The loan which is provided against any collateral mortgage property is called Property Mortgage Loan or Loan Against Property. Normally all the private sector and public sector banks are aggressively providing property loans in India. Apart from banks, lots of NBFC are also providing mortgage loans in Pune. Due to high competition in these products, there are lots of advantages to loan customers. They get low-interest rates with higher tenure.

In case of loan against property, the approval takes time of 6 to 10 days. Banks take the charge of property at the time of loan disbursal. Key players like HDFC bank, ICICI Bank, ING Vysya Bank, Kotak Mahindra, Axis Bank etc. are the major stake holder from private sector banks in India. Banks interest rates are normally 8.50 % to 16.00 % in reducing the balance.

Property Loans/ Mortgage Loan

  • Property Loans start from Rs 2 Lacs onward depending on your property valuation and your individual eligibility.

  • Loan against property can be borrowed up to 100% of market value of the same property.

  • Easiest and Flexible for taking option between an EMI based loan or overdraft facilities.

  • Property loan is available with the option of high tenure loans for the low burden of repayment.

  • Low MCLR rate and maximum tenure with low-interest rates as the comparison with a Personal loan or Business loan.

  • Simple documentation and speedy processing.

  • Property Loan avail for salaried & self-employed individuals or company also.

Features of Loan Against Property

  • It is the second cheapest loan in the market after Home Loan. It works out to be much cheaper than the Business loan which is usually issued at interest rates in the range of 8.50% – 16.00%.

  • On the basis of security, they provide longer tenure. The tenure for a Loan Against Property is usually longer than a personal loan. Generally, based on a secured loan tenure goes up to 15 years.

  • Due to a secured nature of loan the another quality of LAP is the lower rate of interest which makes this product lowest EMI product.

  • LAP requires normal documentation like the personal loan or business loan. Only property documents added for the collateral purpose.

Mortgage Loan Interest Rates 2018

Banks NameInterest rateProcessing fees
Special Offer8.50 %0.75 % + GST
ICICI LAP10.00 % to 12.00 %1 % + GST
IDFC Bank Ltd8.75 % to 10.75 %1 % + GST
RBL Bank Limited10.50 % to 12.75 %1 % + GST
L & T Finance Ltd10.75 % to 12.50 %1 % + GST
India bulls09.00 % to 11.75%1 % + GST
Deutsche Bank9.00 % to 10.00%0.75 % +GST
DCB Bank10.00 % to 12.75%1 % + GST
Cholamandalam10.00 % to 12.75%1 % + GST
Capri Global12.00 % to 13.75%1 % + GST
Reliance Capital11.00 % to 12.75%1 % + GST
DHFL10.00 % to 12.75%1 % + GST
Shriram Housing12.00 % to 18.00 %1 % + GST
Aadhaar Housing13.00% to 15.00 %1 % + GST
Capital First13.00% to 18.00 %1.5 % + GST
Aditya Birla Home Finance10.00% to 12.00 %1 % + GST
Magma Housing12.00% to 15.00%Upto 2 % + GST
Yes Bank10 % to 11 %1 % + GST

HOME LOAN

STARTMYBUSINESS provides the lowest rate of the market. You can compare all the loan providers offer under a single roof. A home loan can be used to buy a new property like flats, bungalow, and row houses also. Banks generally provide 80% to 90% of the property value as a home loan. The remain balance has to be arranged as the initial down payment. You can also avail a personal loan for further down payment amount. Nowadays some builders provide fully furnished flats to enable higher loan amount. This also reduces the cost of furnishing the house on possession. Home loans are available from 5 lac to 25 Cr. Startmybusiness suggests you the lowest rate of interest.

After applying for a Home Loan there are lots of parts included in availing Home Loan starting with identifying your property to filling up the loan application form. Following are the important stages in Home Loan approvals:

Tax Benefits in Home Loan

The home loan borrower enjoys Tax Benefits on both Interest paid & the Principal re-paid. Under Section 24(d) of Income Tax, the deduction of interest payable on the home loan is up to a maximum of Rs. 1,50,000.

Under Section 80(c) of Income Tax, Principal amount for the repayment of loan along with other savings & investments is eligible for tax deduction up to a maximum limit of Rs. 1, 00,000.

Home Loan Interest Rates 2018

Bank/ NBFC NameInterest RatesEMI start From
IDFC Bank Ltd8.50% – 9.00%Rs. 868 for 20 Years
Rs. 769 for 30 Years
ICICI Bank8.35% – 9.00%Rs. 858 for 20 Years
Rs. 758 for 30 Years
HDFC  Ltd8.35% – 9.00%Rs. 858 for 20 Years
Rs. 758 for 30 Years
Reliance Home8.60% – 9.00%Rs. 874 for 20 Years
Rs. 776 for 30 Years
India Bulls8.35% – 9.00%Rs. 858 for 20 Years
Rs. 758 for 30 Years
DHFL8.35% – 9.00%Rs. 858 for 20 Years
Rs. 758 for 30 Years
Yes Bank Ltd9.35% – 10.50%Rs. 922 for 20 Years
L&T Housing8.50% – 9.00%Rs. 868 for 20 Years
Rs. 769 for 30 Years
DCB Bank Ltd8.50% – 10.50%Rs. 884 for 20 Years
Deutsche Bank8.50% – 9.00%Rs. 868 for 20 Years
Magma Housing10.50% – 12.00%Rs. 1066 for 20 Years
Aadhar Housing10.00% – 13.00%Rs. 1032 for 20 Years
Shriram Housing11.50% – 13.00%Rs. 1066 for 20 Years
PNB Housing8.50% – 9.00%Rs. 868 for 20 Years

 

GET YOUR FREE CREDIT REPORT

Your credit report is one of the most important factors when it comes to deciding your eligibility for a particular loan.

We provide credit reports for free so you can understand the health of your credit history.

Get Credit Report

 

Finance your business

The financial system of a country has a great impact on the economy.  The Indian financial system is essentially strong, operationally wide and has always exhibited utmost efficiency and flexibility. This has driven the Indian economy towards a more market-driven and productive one. Finance in India stands so strong that the system has always supported and induced high levels of investment, thereby promoting growth and wide economic coverage.

Financial Services Types

Startmybusiness offers its clients a wide range of products and service s include Insurance, housing financing, mutual funds, Business loans,Home loans, credit reporting, debt collection, portfolio management, and investment advisory.

  • Individual Plans– Unit linked Insurance Plan (ULIP), Pension Plans, Term Plans
  • Health Plans– Individual and Group Health Insurance
  • Group Plans– Corporate Solutions, Group Term Insurance and Group Loan Protection Plans
  • Retail Financial Services
  • Business loans/ Home Loans/Personal Loans
  • Insurance
  • Wealth Management Solutions
  • Mutual Funds
  • We also provides an online premium payment facility along with various other tools and calculators

Investing means – investing for growth with complete protection.

Becoming a successful investor dosen`t happen by Magic – It happens by setting goals and working to achieve them. Financial Planning is the process of meeting life goals through proper management of finances. Life goals can include buying a home, saving for your child`s education or planning for retirement

 

Benefits of financial planning

Financial planning provides direction and meaning to financial decisions. It allows the client to understand how each financial decision they make affects other areas of their finances. For eg. Buying a particular investment product might help them pay of their mortgage faster or it might delay the retirement significantly. By viewing each financial decision as part of the whole the client can consider its short and long term effects on their life goals. The client can also adopt more easily to life changes and feel more secure that their goals are on track.

Wealth Builder Tools

An extremely popular Wealth planning technique is to plan and save with inflation into consideration.

Wealth PlanningOur Wealth Builder Tool provides option to create a perfect savings plan for all your dream assets, like- CAR , HOME etc.
Use our smart Wealth Builder calculator to make a perfect savings plan- Its really exciting !!

Mutual Funds

Investing in a mutual fund is like an investment made by a collective. An individual as a single investor is likely to have lesser amount of money at disposal than say, a group of friends put together. Now, let’s assume that this group of individuals is a novice in investing and so the group turns over the pooled funds to an expert to make their money work for them.

Mutual FundsThis is what a professional Asset Management Company does for mutual funds. The AMC invests the investors’ money on their behalf into various assets towards a common investment objective

Mutual Fund is a vehicle that enables a collective group of individuals to:

  1. Pool their investible surplus funds and collectively invest in instruments / assets for a common investment objective.
  2. Optimize the knowledge and experience of a fund manager, a capacity that individually they may not have

Benefit from the economies of scale which size enables and is not available on an individual basis

Retirement Planning

There are many techniques in which it is possible to plan for your retirement solutions. Retirement PlanningThe very first step in making the correct moves is usually the step that involves truly developing a plan of action that you can follow as a family. Lots of people focus too much on the now or too much on the later and have a great deal of difficulty in relation to developing a happy medium for savings and investing.

Even if you are younger, start putting money often in to a retirement account. A little investment at a early age can easily grow into a significant sum as soon as retirement comes about. Whenever you are young, you’ve got time on your side.

Startmybusiness strives to respect its commitment in financing the “real economy” through its diversified, customer-driven business model.

We are committed to placing our clients at the centre of our activities and to better serve their interests by:

  • providing them with products and services they need
  • giving them clear and reliable information
  • acting with honesty, loyalty, equity and authenticity

 

Our integrated approach

  1. Empowering clients with a combination of global expertise and local knowledge.
  2. Meeting clients’ needs with a broad range of wealth management and banking solutions.
  3. Putting the long-term relationship at the very heart of our commitment to clients.

We helps secure your future by providing innovative and personalised management of your assets. We are dedicated to the creation, selection and monitoring of products and services to manage your assets, which include Wealth Planning Solutions, Investment Solutions and Financing Solutions.

Call/WhatsApp Us on 7701998480 and get in touch with our Financial Advisory.