Product Policy
Our business loan come with flexible tenures, easy repayment options and minimum documentation based on RBI guidelines. The criteria to avail our business loan is simple and flexible. One can apply for business loans starting as low as Rs.15,000.
Loans thoughtfully designed for all your business needs
Because we understand your challenges better than anyone else, we strive to bring products that make us your preferred financial partner. We offer easy and simple products for the thriving self-funded business which are unable to get credit elsewhere. With an aim to serve entrepreneurs at the bottom of the pyramid, we have designed a variety of schemes keeping your business lifecycle and requirements in mind.
Loan with insurance coverage
All our loans for small businesses can be protected by credit shield, whereby the nominee of the loan will not have to worry about repayments in case of the unfortunate event-the death of the borrower during the tenure of the loan. Our Green Hill Estates and Finance Credit Shield offers easy and fast disbursal, interest rate charged on reducing balance, instant insurance coverage, lowest premiums, loan and life cover under single policy, and daily or monthly installments.
Loans designed for all business needs
Business owners can avail our loan to buy new stock, purchase equipment, or any other working capital needs or meet spurts in demand due to seasonal trade or to expand the scope of the business. Our business loan starts from Rs. 15000 and goes upto Rs.8,00,000.
Easy repayment options
We offer loans with easy repayment options. You do not have your shop or counter even for a minute as the repayment facility is available at your doorstep under edi small business loans. There are a variety of repayment modes such as payment at the branch and doorstep collection.
Flexible tenure with nil preclosure charges
Business loans offered by green hill estates & finance pvt ltd come with varied and flexible tenure options.the tenure depends on the capital/loan you require for the business. The daily instalment plan under EDI business loans has the flexibility of repaying in 122 working days in 104 installments.whereas for loans with monthly installments, tenure range from 6 to 36 month depending on the tenure choice.
Eligibility criteria required for business loans
Our loans are designed to meet the ever-growing aspirations of business owners, and to become their preferred financial service provider of choice. The criteria to avail our business loan is simple and flexible.
Easy documentation for Green Hill Estate and Finance business loans
Business loans from green hill estates&finance pvt ltd need minimal documentation yet the requirement is based on rbi guidelines. Just put together the following documents and help yourself to a convenient loan for from us.
* Photograph
A recent passport size photograph
* Proof of identity
Pan Card
* Valid address proof
Ration card / Utility bills / Passport / Aadhar Card/ Trade License / GST Certificate / Rent or Lease Agreement.
* Age proof
Passport/aadhar card/voter id card
* Income proof
Financial documents would include copies of IT Returns for the previous two years and the recent bank statements for 6 months.
The pioneering Equated Daily Installment (EDI) Loan
Our EDI business loans are uniquely designed to fulfill the needs of small traders including, stores, medical shops, road-side tea & snacks stall or florist and so on. The loan safeguards from the burden of heavy repayments as it comes with ease of daily installments with doorstep collection. With our EDI loans, you can say focused on your business and leave your short term capital worries to us.
Conditions•
- The age of the applicant should be between 21 years to 65 years of age
- It is necessary to have a co-applicant
- You should have had the same business premise for at least 1 years
- You should have an operational bank account
- A minimum 680 of CIBIL score is ideal (wherever applicable) to get business loan from Green Hill Estate and Finance
Our EMI based business loans are designed to match high aspirations of traders and small proprietary concerns who have routine bank transactions and a working capital cycle ranging from 15 weeks to 50 weeks. It’s time to give wings to your business and take it to new heights.
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Loan Against Property from Greenhill Estate and Finance
Product Policy
Loan Against Property (LAP)
Interest Rate: The interest rate for the loan against property is 18%.
Tenure: The maximum tenure for the loan is 15 years.
Service Charge: A service charge of 3% will be applicable.
Eligibility: The loan amount will be 50% of the market value of the land.
Documents Required:
1. Original Deed
2. Original Prior Deeds (minimum 15 years)
3. Encumbrance Certificate
4. Original Land Tax Receipt
5. Original Possession Certificate
6. Original Location Certificate
7. Original Location Sketch
8. Original Thandapper Account
- Minimum amount rs.15,000/-
- Maximum amount rs.1,00,000/-
- days loan tenure with 104 EDIs
- No pre-closure charges
- Daily repayment frequency
- Daily doorstep collection
- Upto Rs.1,00,000/-for 1st time customer, for repeat customer upto 5 lakh
- Daily doorstep collection by us, online payment and bank transfer in short future.
- Equated Monthly Installment (EWI) loans
- Minimum amount rs 1,00,000/-
- Maximum amount rs 5,00,000/-
- 15/20/25 week loan tenure
- No prepayment charges
- No pre-closure charges
- Minimum CIBIL score 680
- Weekly repayment frequency
- Once collected all the necessary documents from the customer, please hand them over for legal verification. After the verification and a site inspection, you can proceed to fix the loan amount and execute the agreement.
- Please refer to the attached documents for the agreement. The mortgage deed and memorandum of deposit of title deeds should be on a 200 rupees stamp paper.
- Additionally, required is the KYC documents and 3 cheque leaves from the borrower and guarantor.