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Why Take Loan From Us?

  • 20 years of experience in Unsecured and Secuerd Loan.
  • Unsecured and Secuerd Loan up to Rs. 100 crore.
  • Lowest ROI & processing fees.
  • 20% higher loan amount than other service provider.
  • Unsecured and Secuerd Loan up to 75% of market value of property.
  • Unsecured and Secuerd Loan to “LOW CIBIL SCORE” or “NO CIBIL SCORE”.
  • Loan to all kinds of profile. There is “NO NEGATIVE PROFILE” for us.
  • Unsecured and Secuerd Loan on almost all types of property.
  • Minimum Documentations.
  • Fastest loan approval guaranteed
  • No Hidden Charges
  • Amicable after sales service

Do you want to know more about Loan?

Lease rental discounting is a kind of loan against property provided by bank or NBFC against rental receipts of the borrower which is derived from lease rent contracts with corporate clients. The loan is provided by lender to the lessor on the discounted value of the lease rentals and market value of the property.

Benfits of Loan are as follows:-

  • BUSINESS EXPANSION: You can utilized Sanuk Financial Services loan amount towards expansion of your business.
  • PURCHASE OF NEW PROPERTY: You can utilized lease rental discounting ,LRD loan amount for purchasing and building new property.
  • CONSOLIDATION OF OTHER LOANS: Lease rental discounting loan amount can be utilized to pay off other personal loan, gold loan, business loan or any other small loan which are on high rate of interest because rate of interest on LRD is cheaper than unsecured loans.
  • PERSONAL EXPENSES Sanuk Financial Services loan amount can be utilized to fulfill personal needs like medical expenses, marriage, educations, foreign tour etc.
  • WORKING CAPITAL REQUIREMENT Lease rental discount (LRD) loan amount can be utilized to fulfill working capital requirement of your own business.

A professional consultant will save your time and money both, If you need a professional guidance then contact Sanuk Financial Services. We are always with you.

You can borrow loan against rental property from bank or NBFC on following types of property:-
  • LEASED OR RENTED COMMERCIAL PROPERTY: Lease rental discounting loan offer by bank or NBFC against commercial property which you have leased out for a longer period say 5 years or more, to corporate clients.
  • LEASED OR RENTED INDUSTRIAL PROPERTY: If you have lease out your industrial property to some big corporate for a longer period of time say 5 year and more than bank or NBFC may lend you loan against leased or rented industrial property also.

All the bank or NBFC have their own loan eligibility criteria but there are some common loan eligibility criteria which borrower has to fulfill to avail loan from bank or NBFC.

Following are some key important factors which would be checked by bank or NBFC to accept or reject the lease rental discounting loan application:-

  • Age: At the time of lease rental discounting loan (LRD Loan) application, applicant must be 21 years or above but not more than 60 years in case of salaried person and 65 years in case of self employed non professional because repayment of the loan has to be completed on or before 60 or 65 years of borrower age.
  • Lease Agreement Period: Lease agreement period is very critical and important factor for taking lease rental discounting loan from Bank or NBFC. Bank will not provide loan if lease period is less than 5 years.
  • Other Source of Income Bank or NBFC checks other source of income of an individual who is applying for Sanuk Financial Services loan. A secondary source of income, ensure the lender regular repayment of their loan EMI if lessee vacate the property
  • CIBIL SCORE: A Sanuk Financial Services loan borrower who is having good cibil score will get quick loan from the bank or NBFC. Cibil score is a decisioning factor for sanctioning or rejecting Sanuk Financial Services loan applications.
  • VALID, CLEAR AND MARKETABLE TITLE DEEDS OF PROPERTY: A Sanuk Financial Services loan borrower must be having valid, clear and marketable title deeds of entire chain of the property along with approved sanction plan or map. The ownership and physical possession of the property lies with the borrower only.

What are the documents required for Loan?

Documents required for lease rental discounting loan depends upon the type of employment of an individual.
Documents required for different types of employment are as follows:-

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Latest Month Electricity Bill
  • Copy of Rent Agreement
  • Copy of Registered Lease Deed
  • Employee ID Card

Income Documents

  • Latest 3 months salary slip
  • 3 years form-16, 26AS, ITR with computation of Income
  • Annual CTC Letter
  • Copy of Appointment Letter

Bank Statements

  • One year up to date salary account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement
    showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of property papers
  • Copy of approved sanction plan or Map

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Latest Month Electricity Bill
  • Copy of VAT/ Sales Tax, GST, Import-Export or any other registration Certificate
  • Latest Office Address proof i.e electricity bill, rent agreement etc.
  • Company Profile on the Letterhead of the firm

Income Documents

  • Latest 3 year ITR with computation of Income including P & L a/c, balancesheet with their schedule and annexures duly certified by CA
  • Form No. 3 CA & 3 CD in case of audited balance sheet
  • Latest 2 years VAT/ Sales Tax/ GST return
  • Latest 2 year form 26AS if applicable

Bank Statements

  • One year up to date all the saving and current account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of property papers
  • Copy of approved sanction plan or Map
Individual Partners Document

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Latest Month Electricity Bill
  • Copy of Rent Agreement/ Registered Lease Deed

Income Documents

  • Latest 3 year ITR with computation of Income
  • Latest 2 year form 26AS if applicable

Bank Statements

  • One year up to date all the saving account statement

Loan Documents

  • Copy of Sanction Letter
  • Upto date loan account statement
  • Loan repayment schedule
  • 12 Month upto date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of Property papers
  • Copy of approved sanction plan or Map
Partnership Firm Document

KYC Documents

  • Pan Card
  • Copy of VAT/ Sales Tax, GST, Import-Export Certificate or any other registration certificate
  • Copy of Partnership Deed
  • Latest office address proof ie. electricity bill, rent agreement etc.
  • Company Profile on the Letterhead of the firm

Income Documents

  • Latest 3 year ITR with computation of Income including P & L a/c, balancesheet with their schedule and annexures duly certified by CA
  • Form No. 3 CA & 3 CD in case of audited balance sheet
  • Latest 2 years VAT/ Sales Tax/ GST return
  • Latest 2 year form 26AS if applicable

Bank Statements

  • One year up to date all the current account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed
Individual Directors Document

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Latest Month Electricity Bill
  • Copy of Rent Agreement/ Registered Lease Deed

Income Documents

  • Latest 3 year ITR with computation of Income
  • Latest 2 year form-16 with 26AS if applicable

Bank Statements

  • One year up to date all the saving account statements

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of property papers.
  • Copy of approved sanction plan or Map.
Private Limited or Limited Company Documents

KYC Documents

  • Pan Card
  • MOA & AOA
  • Copy of VAT/ Sales Tax, GST, Import-Export Certificate or any other registration certificate
  • Latest office address proof ie. electricity bill, rent agreement etc.
  • Company Profile on the Letterhead of the Company
  • List of director & shareholder with their shareholding pattern duly certified by CA.
  • Latest form-32

Income Documents

  • Latest 3 year ITR with computation of Income including P & L a/c, balancesheet with their schedule and annexures duly certified by CA
  • Form No. 3 CA & 3 CD in case of audited balance sheet
  • Latest 2 years VAT/ Sales Tax/ GST return
  • Latest 2 year form 26AS if applicable

Bank Statements

  • One year up to date all the current account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

KYC Documents

  • Pan Card
  • Copy of Passport with VISA
  • Copy of Green Card
  • Complete CDS certificate in case of Merchant Navy
  • Copy of valid residence proof in abroad
  • Employee ID card or Labour card
  • Copy of latest work permit

Income Documents

  • Latest 3 months salary slip
  • Latest 3 years income tax acknowledgement form
  • Annual CTC letter
  • Copy of appointment letter
  • Credit report from credit agency

Bank Statements

  • One year Upto date NRI Salary account statement
  • One year Upto date NRO/NRE account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Month of upto date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Power of Attorney Holders Documents

  • Copy of PAN card & Aadhar card
  • Power of Attorney in favour of blood relatives or relatives in India

Property Documents

  • Copy of previous chain of Property papers
  • Copy of approved sanction plan or Map

What is the rate of interest of Loan in 2018?

Currently the rate of interest of Unsecured and Secuerd Loan is based upon marginal cost of lending rate (MCLR) plus margin on the MCLR. Bank or financial institutions offers lowest or competitive rate of interest to attract prospective borrowers, due to stiff competition between bank or financial institutions.

It is always advisable to compare Unsecured and Secuerd Loan interest rates of different bank and financial institutions and chose the best one which suits your need.

OR

You may take an expert advice of Sanuk Financial Services professional consultants who will help you to choose best bank who offers you lowest rate of interest on Unsecured and Secuerd Loan with ZERO / nominal bank processing fees.

What are the other key factors to be considered before choosing best Unsecured and Secuerd Loan?

Before taking Sanuk Financial Services loan it is advisable to consider following factors:

  • Loan Eligibility: Check your Sanuk Financial Services loan eligibility, that how much loan you can borrow from bank or NBFC and market value of the property. Loan eligibility of a borrower also depends upon so many other factors like age, income, cibil score, work profile, financial stability, market value of the property, loan to value (LTV) ratio etc.
  • Rate Of Interest: Before taking Sanuk Financial Services loan, check rate of interest offered by different bank or NBFC as it has a major impact on your EMI. If rate of interest is high then EMI is also high, so choose the bank which provides lower rate of interest so that EMI will not put extra loads on your business.
  • Loan Processing Fees: Bank or NBFC charges loan processing fees to process your Sanuk Financial Services loan application. There are two types of charges one is loan processing fees and the other is loan administration charges.

    Loan processing fee charges by the bank or NBFC to process your loan application, valuation of the property, legal verification of the property, residence verification, office verification, due-diligence of income documents and bank statement etc. It could be a fixed percentage of your loan amount or a fixed amount.

    Loan administration charges are taken by bank or NBFC to maintain your loan account after disbursement. Some bank or financial took upfront fees however some of them charged after sanction of the loan amount, so check loan processing charges of bank or NBFC deeply before applying for the loan.
  • Part Payment Charges: When borrower want to make some payment towards principal amount of Sanuk Financial Services loan, bank or NBFC may charge part payment charges from the borrower. It is advisable to read the terms and condition of your loan sanction letter and loan agreement carefully and make sure that it is not very high compared to market.

    If you apply through Sanuk Financial Services, our professional consultant will assist you in negotiating with the banks on rate of interest, loan processing fees, part payment charges, foreclosure charges etc.Sometimes we also offer exclusive loan scheme to our valued customers on behalf of the bank like nil processing fee or nil part payment or foreclosure charges.
  • Loan Foreclosure Charges: When borrower decided to close his Sanuk Financial Services loan before the completion of loan tenure or period. Bank or NBFC may levy 1% to 2% foreclosure charges on outstanding loan amount.

    If you apply through Sanuk Financial Services, our professional consultant will assist you in negotiating with the banks and may get ZERO foreclosure charges for you.
  • Sanuk Financial Services Terms And Conditions: Bank or NBFC laid down several conditions related to balance transfer of Sanuk Financial Services loan to another lender, cheque bouncing charges, late payment charges, interest on late payment etc. It is advisable to read all the terms and conditions before choosing the best bank.

Why I should take Sanuk Financial Services from Sanuk Financial Services and how do we help?

Today internet is the source of information and there is a lot of information available about the Sanuk Financial Services on internet and we have also tried to give you some information about Sanuk Financial Services but the most important question is that Why I should take loan against property from Sanuk Financial Services and how do we help you in choosing best Sanuk Financial Services ?

Almost all the banks or NBFC claims to offer you the best deal. Most of the people confused with the various offers and deal, so we are here to help you to choose the best loan against property.

About Sanuk Financial Services

Sanuk Financial Services is the one stop solution for all your financial needs. We are into this business for more than a decade. Sanuk Financial Services will analyze different loan offers and suggest you best deal on Loan with great customer services. Our expert provides best deal on wide range of products to the customer to take right decision.

Why Choose Sanuk Financial Services?

Sanuk Financial Services knows that you have numerous options when it comes to procuring loans. For example, you could turn to a bank or NBFC (Non Banking Financial Corporation). In addition, the Internet is home to numerous lenders who want to reel you in. However, there's no need to search any further. Here are the reasons Sanuk Financial Services is the only resource you'll need.

Sanuk Financial Services Invested in Your Safety

It's easy to stumble upon fraudulent websites during your search for a suitable loan. Under the guise of reliable lenders, hackers will use infectious malware programs to obtain your private information. You'll also have to keep your guard up for fake application pages. These pages will steal any personal sensitive information that you input.

There's no need to take risks with your personal financial records. Skip those unsecure sites and work with us. Sanuk Financial Services features secure web pages that are free of malware infections. When you work with us, your information is safe.

Sanuk Financial Services Offers Choices

When you use our services, you'll have access to a large network of lenders without even leaving home. Alternatively, you can save your valuable time and money traveling to a physical loan lender. The smart choice is obvious. Give your feet a rest; stay home and work with us. You find the lender that seems best for you.

Sanuk Financial Services Works Fast

We understand that when you're applying for loan, you want the loan as soon as possible. For this reason, our request process is swift and hassle-free. If you have the required information handy, you can receive funds as soon as the next business day.

Don't get caught up in delays and complicated requirements of other service provider. Sanuk Financial Services process is faster than working with any other service provider, so count on us for immediate emergency loan requirement.