VJ Bank Loan is a well-known and renowned marketplace for instant loans for home loans and personal loans. Our company has been offering excellent service in the industry for 13 years in Madhya Pradesh. Our company offers instant personal loans online in Betul at the best prices. Our company has helped millions of customers with their finance requirements. Our company offers all types of loans, asset management to our valuable customers. We guide our customers to get them loans such as home loans, personal loans, car loans, etc as per their requirements.
Our trained and experienced professionals check all the required documents for the process and help them to upload the documents to ensure that they get the loan easily and hassle-free. Our company is recognized for easy personal loan Provider Company to the customers and helps them to solve their queries related to the process.
We are offering efficient customer service at budget-friendly prices. We accept different types of options for online payments and are also known for keeping the transaction transparent in all our business transactions. Our professionals also update our customers for quick loans available for maximum value addition. Due to our excellent services, our services are referred by our customers to others and are known for quick personal loan Provider Company in MP.
We extend personal loans to salaried customers in government, private or public sector organizations that meet our eligibility criteria. Rate of Interest(ROI): 10%-18% p.a.
- Personal loans starting from 100,000 to 1,000,000.
- Loan tenure: 12 Months to 48 Months
- Repayment in easy Equated Monthly Installment (EMI)
- Foreclosure Allowed during the tenure of the loan
- NACH/SI allowed for loan repayment
- The minimum net income criteria is 15,000 per month for customers
Documents
- KYC
- Application form
- Salary Slip
- Bank Statement
Construction
You can take the construction loan for a residential house on a land owned by a borrower.
House Purchase
Considering to buy a new property or a re-sale one? We offer loans for ready to move-in houses or even those under construction.
House Improvement
A home is like a mirror that reflects your image. You can now take a loan to get your existing home in good shape through repairs and maintenance.
House Extension
Take a loan to extend your existing residential unit either by constructing an additional room or even a floor.
Balance Transfer
Have bought a home at a high interest rate? Our balance transfer facility allows you to transfer your existing home loan from an approved institution and also offers a feature of top up loan.
Composite Loan Scheme
This facility is to help you finance the purchase of a plot (Refinance the plot amount on start of construction after receipt of sanction plan) and construction of residential house thereon within a specific time.
Low Loan to Value (LTV)
It is to cater cash intensive business segment & also specifically to cater to the affordable housing customer segment.
Balance Transfer Plus Top-Up
Applicable to self employed non-professionals & professional customers based on regular income programme from only approved financial institutions.
Checklist of Loan Against Property Documents Required:
For Salaried Applicants:
Proof of identification (any one of the following):
Address proof (any one of the following):
Utility bill (telephone, electricity, water, gas) – less than 2 months old
Letter from a recognized public authority verifying the customer’s residence address
Bank passbook or Bank account statement
Residence ownership proof (any one of the following):
Proof of income (any one of the following):
Increment or Promotion letter
Certified letter from Employer
Proof of job continuity (any one of the following):
Current job appointment letter (if more than 2 years have been spent in the same job)
Current employment certificate
Experience certificate (including previous job certificate or appointment and relieving letter)
Bank statement: Last 6 months bank statements of salary account
Existing loans: In case of any existing loan, need to submit sanction letter, payment track record
Copies of all property documents: Sales deed/copy of Agreement, share certificate (if society formed), latest maintenance bill
Advance processing cheque: to process loan documents for sanction
For self-employed Individual/Businessman:
Residence ownership proof (any one of the following):
Office address and ownership proof (any one of the following):
Proof of business existence (any one of the following)
Sales deed/ agreement (executed)
Company registration license
Proof of Income (any one of the following):
Last 3 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable
Bank statement: Latest 1-year bank statement (both savings and current)
Copies of all property documents: Sale deed/copy of Agreement, share certificate (if society formed), maintenance bill
Advance processing cheque: to process loan documents for sanction
Passport size, colored photograph
Investment proof (if any): fixed deposit, fixed assets, shares, etc.
Existing loans: In case of any existing loan, need to submit sanction letter, payment track record
Professional Degree Certificate: (in case of professionals).
SANCTION LIST OF DOCUMENTS SALARIED:
Application form completed with 2 photograph duly filled in and signed
Residence Proof : Latest Telephone bill / Bank Statement containing address for last 6 months / Electricity bill / Ration card / Letter from Employer
Salary slips for last 3 months
Copy of Appointment Letter with Latest CTC & Confirmation Letter
Original Bank Statement / Passbook of salary A/C for last 6 months (updated)
Previous Employment details if applicant is in probation
Repayment Track Record if any
SELF EMPLOYED / PROFESSIONAL:
Application form completed with 2 photograph duly filled in and signed
ID Proof : PAN CARD / PASSPORT / VOTER ICARD / Employer ID Card / Driving license
Residence Proof : Latest Telephone bill / Bank Statement containing address for last 6 months / Electricity bill / Ration card
Last 3 years ITRs ( SARAL, Computation of income, Profit & Loss A/c, Balance Sheet, TDS Certificates ( if applicable ), Tax Paid Challans
In case of Partnership firm : ITRs for last 3 years and Partnership Firm
In case of company : Audit Reports for last 3 years and MOA & AOA
Bank Statement / Passbook of Current & SB A/C for last 6 months ( updated )
Alternate Business Proof (Shop Registration Certificate Certificate etc.)
NIR:
Copy of Passport, Visa, Service Contract, Salary slip ( all duly attested by Indian embassy / Notary / HFL Officials / Bank )
GPA (GENERAL POWER OF ATTORNEY ) in our format ( all duly attested by Indian embassy / Notary / HFL Officials / Bank )
Bank Statement for past one years of recent employment
NRI Bank Statement for 6 months
And see list of salaried documents
# above mentioned income documents are required for the Co-applicant also if
His/her income is considered.
PROPERTY REALATED DOCUMENTS TO BE ATTACHED:
E or F or G or H whichever applicable
E) For Purchase of New Flats from Builders/ Promoters:
Agreement to sale with builder and the Registration Receipts.(2 copies)
Blue print of the building plan attested by the corporation/ Town Planning authority and the commencement Certificate. The applicant flat should be marked in red colour for easy identification.
N.A. Permission and ULC order copy.
Title investigation report for last 12 years (Search report for 12 yrs. Conducted within one yea
Development Agreement and Power of Attorney / sale deed in favour of the builder.
Receipts of payments made to the builder.
7/12 OR CTS extract OR Property card.
NOC from builder in prescribed format.
Completion Certificate, if obtained.
Society documents mentioned below under (I). ( if applicable )
F) For Purchase of Resale Flat:
Agreement to sale with the vendor and the Registration Receipt. (2 copies).
Agreement to sale between vendor and the builder and its Registration receipt.
Copy of the conveyance deed between builder and the society is registered.
Receipts of payments made to the vendor.
Documents 2, 3, and 4,5,7,8,9,10, of point (E).
G) For construction / Extension / Renovation of House:
Sale deed / Lease deed and its Registration.
7/12 extract and the Index II.
Demarcation / Layout certification
Abstract & Detailed Estimate for construction / extension prepared & certified by a Licensed Surveyor / Architect.
Documents 2, 3,4,10, of point (E) above.
H) For Plots / Houses / Flats allowed by MHADA / PCNTDA / MIDC / MHB
Additional certificate (in PCNTDA) cases only).
Lease deed & its Registration receipts.
Blue print of the sanction building plan and commencement certificate attested by the sanctioning authority.
Receipts of payment made to the body.
I) In point E, F, G & H above, if the flat / house is located in a registered society, the following.
Additional Documents are to be submitted:
Society Registration Certificate
Letter of allotment of flat / house / plot.
Society NOC. (prescribed format available with our office)
In case of Builder APF or Reference:
Agreement to sale with builder and the Registration Receipts.
Blue print of the building plan attested by the corporation/ Town Planning authority and the commencement Certificate. The applicant flat should be marked in red colour for easy identification.
Receipts of payments made to the builder. If cheque Payment then Bank clearance required.
NOC from builder in prescribed format.
