Home Loan
Bijay Finance offers Home loans
Home Loan
Bijay Finance helps you to realize your dream home come true. Bijay finance is direct marketing agency of leading housing finance companies and financial institutions; we assist in providing housing loans, mortgage loans, loan against property to customers. People at Bijay Finance are well versed with the procedures and documentation which will help the customers to achieve their goals.
For more details Contact us on 809 66 99 222 or write to us on contact@bijayfinance.com
Apply for LoanFeatures & Benefits
- 1. Wide network across the country to ensure you have no trouble reaching us
- 2. Personalised documentation assistance for smooth processing
- 3. Flexible repayment options
- 4. Door-to-door servicing to ensure maximum convenience
- 5. Loan available for various purposes – construction, renovation, improvement and purchase
- 6. Fixed and variable rates of interest subject to conditions
Eligibility:
Bijay Finance will consider the applicant/co-applicant's:
- 1. Income
- 2. Age
- 3. Employment stability
- 4. Savings
- 5. Family background
- 6. Assets and liabilities
- 7. Other factors that are likely to affect loan repayment
Application process:
- 1. Preliminary application with photocopies of documents
- 2. Legal, technical and credit check
- 3. Documentation with originals
Independent houses and flats/apartments of a permanent nature having a valid title are applicable. They need to have building approvals from civic authorities and also house properties which may be under construction or completed and ready to occupy.
The security required for a loan would be an equitable or simple registered mortgage of the house being financed. The type of mortgage to be created will depend on the documents of title (ownership) being submitted/made available. After a preliminary examination of the papers submitted by an applicant, our legal officers will advise the type of mortgage that would be required.
Fixed for all customers other than salaried semi-urban class customers:
The rates will be fixed during the tenure of the loan and applicable as prevalent on the date of 1st disbursement, subject to revision every 3 years depending on the money market conditions.Variable for salaried semi-urban and urban class customers:
The rates will fluctuate as per the money market conditions and will be notified from time to time.
Based on your repayment capacity, the loan can be repaid in monthly, quarterly or half yearly equated instalments by way of EMI/ EQI/ EHI comprising of principal and interest.
Repayment of the loan can be made by cash /cheque /demand draft at any of Bijay Finance offices. Repayment can also be made at collection centres approved by Bijay Finance.
The loan can be paid ahead of schedule and Bijay Finance will not levy early redemption charges.
