Specialized Loan

Lal Dora property home loan rate of interest vary from bank to bank. It is slightly higher than standard home loan. Rate of interest is in between 9% p.a. to 12% p.a. it is advisable to compare Lal Dora property home loan interest rates of different bank and financial institutions and chose the best one which suits your need.

You may take expert advice of Sanuk Financial Services professional consultants who will help you to choose best bank who offers you lowest rate of interest on home loan with nominal bank processing fees.

List of Lal Dora area is very vast and many times bank or NBFC funding a particular block in an area but not others.

So, to check whether Lal Dora area where you are buying property is approved or not, fill the below the form or call us on our mobile no. We are always available with you and happy to help you.

If you want to avail home loan from bank or NBFC, Sanction plan or approved map of property is a critical document. Before offering sanction letter to the borrower, bank checks with their empanelled valuer that property is constructed as per by laws and approved map or not. If property is not constructed as per approved map then bank may reject the loan application.

However, there are many properties in Delhi & NCR where approved map is not available. Map is not available due to various reasons, like property is in Lal Dora area so approved map is not required to construct a house, Property is very old, Sanction plan missing or lost, etc.

If you are buying a property, where approved sanction plan or approved map not available then bank or NBFC may reject your loan application. However, Sanuk Financial Services is here to help you to avail loan on without map property from bank or NBFC.

Our professional consultant will provide you expert advice to get loan on without map property and also help you to choose best bank or NBFC, who offers you lowest rate of interest on home loan without map property with nominal bank processing fees.

You can borrow home loan without map, from bank or NBFC on following types of property:

• Home Loan Without Mapon Independent House: If you want to buy an independent house but map is not available for any reason then Sanuk Financial Services experts assist you how to get loan from bank or NBFC without map.
• Flat Or Floor Loan Without Map: If you want to buy a flat or floor but map is not available for any reason then Sanuk Financial Services experts assist you how to get loan from bank or NBFC on flat without map. You can borrow home loan without map from bank or NBFC, on a single flat or floor up to 3rd floor. The flat can be situated on a single unit, double unit or multiple units.

Home loan without map property rate of interest vary from bank to bank. It is higher than standard home loan. Rate of interest is in between 8.50% p.a. to 11% p.a. it is advisable to compare home loan without map property interest rates of different bank and financial institutions and chose the best one which suits your need.

You may take expert advice of Sanuk Financial Services professional consultants who will help you to choose best bank who offers you lowest rate of interest on home loan with nominal bank processing fees.

Most of the bank or NBFC doesn’t provide home loan in unapproved colony or area, because unapproved colony or area facing problems like illegal construction, gross commercialization, bad infrastructure, etc.

But unapproved colony or areas are integral part of Delhi and NCR. These unapproved colony or areas are well connected with urban city of Delhi & NCR through, roads, expressways and metros etc. Due to better connectivity, job opportunity in urban areas and comparatively low property price, large number of people are leaving in these areas. Due to high demand of property, there is a huge construction taken place in unapproved colony or area. These all resulted in huge demand for home loan in unapproved colony or area.

To fulfill rising demand of housing loan in unapproved colony or area, few bank or NBFC provides home loan in unapproved colony or area on certain special conditions.

If you need a professional guidance then contact Sanuk Financial Services. We are always with you.

You can borrow home loan from bank or NBFC on following types of property:

• Loan On Independent House Of Unapproved Area: You can borrow home loan on independent house of unapproved area from bank or NBFC.
• Loan On Flat Or Floor Of Unapproved Area: You can borrow home loan from bank or NBFC in unapproved area on a single flat or floor up to 3rd floor. The flat can be situated on a single unit, double unit or multiple units.
• Plot Plus Construction Loan In Unapproved Area: When you borrowed loan from bank or NBFC to construct a home after buying plot in unapproved area, then bank or NBFC provides you plot plus construction loan.

Construction loan will be disbursed once plot loan is disbursed and all the property papers related to plot is in the record of bank or NBFC. Construction loan provided by bank or NBFC on the basis of construction estimate duly vetted by bank or NBFC empanelled architect. Construction loan is disbursed as per the stage of construction being recommended by empanelled valuer of the bank.

Only plot loan is not offered by bank or NBFC in unapproved area.

Unapproved area property home loan rate of interest vary from bank to bank. It is slightly higher than standard home loan. Rate of interest is in between 10.00% p.a. to 15% p.a. it is advisable to compare unapproved area property home loan interest rates of different bank and financial institutions and chose the best one which suits your need.

You may take expert advice of Sanuk Financial Services professional consultants who will help you to choose best bank who offers you lowest rate of interest on home loan with nominal bank processing fees.

List of unapproved area area is very vast and many times bank or NBFC funding a particular block in an area but not others.

So, to check whether unapproved area, where you are buying property is approved or not, fill below form or call us on our mobile no. We are always available with you and happy to help you.

Bank or NBFC provides loan on the basis of the income of the borrower. They check income document of the borrower. But in Delhi & NCR there are many borrowers who don’t have sufficient income documents. Generally, banks will not provide you loan if you are getting salary by cash, you are in a business where sufficient income proof is not available like small shopkeepers, suppliers, or any other profession.

So, if you need a loan but you don’t have sufficient income documents, then don’t worry. Call Sanuk Financial Services, We have solution for you. We are concerned as much as you are in getting the loan. We have tie up with the bank or NBFC, to get loan without income proof or documents. We have core specialization in arranging loans for following type of borrowers:

• Loan To Cash Salary Employee: If you are getting salary in cash bank will not provide you loan. However we have arrangement with the NBFC or financial institutions, which will provide you loan subject to verification of your income and if they satisfied with the job profile and other loan conditions.
• Loan Without ITR Or No Income Proof: If you are a small trader and you are not filing ITR. We will assist you to take loan from NBFC or financial institutions, who will provide you loan subject to verification of your income satisfactory business activity report and other loan conditions.
• Loan On Past Repayment Track Records Of Loans (Loan On RTR): If you have taken any loan like personal loan, car loan, business loan, home loan, loan against property, term loan etc then we will arrange loan for you on the basis of repayment track or history of your past loans. This type of loan provided by bank or NBFC on your repaying capacity, without income document or sufficient income documents.
  • There should not be any bouncing in the repayment track records of loan or you can say loan RTR.
  • Loan must be serviced for at least 24 month or 12 months.
  • For calculation of loan eligibility, only those loans EMI would be considered which has less than twelve months outstanding period or closed six months before on the date of loan application.
• Loan On Turnover Of The Company Or Loan On Industry Margin: Due to so many reason businessman are not showing total profit or income of the company. So Sanuk Financial Services will arrange loan for you based on turnover of your company. We will calculate profit of your company based on industry margin and turnover of the company and provide you maximum loan than your normal income eligibility.
• Low LTV Loan: If you need only 25% to 30% loan of your property value and you don’t have sufficient income document then, Sanuk Financial Services will arrange low LTV loan without income document.
• Loan On Average Bank Balance: Loan on average bank balance is another type of no income proof loan or loan without income or sufficient income document. Bank or NBFC will provide loan on average bank balance of the borrower maintain in his account. Bank or NBFC will calculate average bank balance of the borrower on a particular date and based on that calculate loan eligibility.

What Is Loan Against Industrial Property: If you are a businessman and running a manufacturing company in your owned industrial property. You may require funds for expansion of your company, want to infuse capital in your business, want to introduce new technology in your business, etc. To fulfill your requirements you can take loan against your pre-owned industrial property from bank or NBFC. This type of loan is called loan against industrial property.

• Introducing New Technology: Many times you required to introduce new technology in your business, which will reduce your operating expenses, increase production and thus increase profitability of the business. New technology requires a heavy investment. You can take loan against industrial property from bank or NBFC to fulfill your requirement.
• Expansion Of Business: All the manufacturer wants to expand his business. Business expansion requires large amount of investment. You can borrow loan against industrial property from bank or NBFC and invest loan amount towards your business expansion.
• Consolidation Of Loans: Many times for your business or personal need, you may have borrowed machinery loan, personal loan, business loan, gold loan etc. from bank or NBFC. These loans were lent by bank or NBFC for shorter period, on high rate of interest resulting on heavy EMI. These heavy EMI suck your business liquidity also. Bank or NBFC offers loan against industrial property comparatively at lower rate of interest for longer period of time resulting in low EMI. You can take loan against industrial property and repay all these small loans and keep a single EMI.
• To Meet Personal Expenses: Many times you have to make certain expenditure for which you have not made any planning, expenses such as medical emergency, child higher education, daughter marriage, etc. required a lot of money. Either you have to sell your property or borrow loan against industrial property from bank or NBFC to meet these personal expenses.

• Loan Against Self Occupied Industrial Property: When you borrow loan from bank or NBFC against an industrial property on which you are running a manufacturing business on the same property, is called loan against self occupied industrial property.

  Bank or NBFC offers loan up to 60% to 80% market value of the property on self occupied industrial property.

  To avail maximum loan amount on lower rate of interest, you can take Sanuk Financial Services professional consultancy. We will be there with you for your each step.

• Loan Against Rented Industrial Property: When you borrow loan from bank or NBFC against an industrial property which you have given on rent to some other person or company, is called loan against rented industrial property.

  Rate of interest on loan against rented industrial property is comparatively higher than loan against self occupied industrial property.

When an individual is running a private school or college on his owned property and want to improve infrastructure, education quality, new teaching technology, sports activity, library, lab, amenities in the school, etc. It requires a large amount of investment.

When an individual takes loan against school property from bank or NBFC to improve the infrastructure and quality of education of the school to meet the growing expectations and requirements of the parents, students and regulatory authorities is called loan against school.

Rennovation Of The School: If you want to renovate your school. You can take loan against school property from bank or NBFC to renovate the school.

Purchase Of Land & Building For The School: If you want to open a new branch of the school or you want to buy adjacent land with the school or you want to build a new building in the same school to improve the infrastructure of the school then you can take loan against school property from bank or NBFC to purchase of land & building for the school.

Purchase Of Furniture And Fixture For The School: If you want to purchase, bench, chair, table, air conditioner, fan, exhaust fan, etc for the school then you can take loan against school property from bank or NBFC to buy furniture and fixture for the school.

Purchase Of Sports Goods And Lab Equipments For The School: If you want to buy sports goods and lab equipment for the school, you can take loan against school property from bank or NBFC to fulfill the school requirement.

Improve Goodwill Of The School: Schools are being evaluated by parents, students and other regulatory authority by the infrastructure and other amenities being provided by the school. To improve the infrastructure and amenities in the school you can take loan against school property from bank or NBFC and thus increases the goodwill of the school.

• Private School Land: The ownership of school land must be private. The owner has not taken any kind of grant or aid for the school land.
• Unaided School: The school must private and not taking any kind of grant or aid from the central or state government to run the school.
• Recognition: The private school must be recognized by central or state education board.
• Minimum Fee Criteria: The school must have monthly fee of at least Rs. 500 per student.
• Minimum Student Criteria: The school must have minimum 250 students enrolled.
• Regular Income: The school must have regular source of income.
• Repayment Track Record Of Loans: The school must have good repayment track record of all previous loans.

Generally, schools are registered under society or trust, so document required for school loan are as follows:

• Application Form: Loan against school property, application form with latest photographs, duly filled and signed by the borrowers.
• Age Proof: Copy of pan card & Aadhar Card (Mandatory), Passport, Birth Certificate, 10th class certificate with date of birth, etc.
• Identity Proof: Copy of pan card & Aadhar Card (Mandatory), Passport, etc.
• Residence Proof: Copy of Aadhar Card, Passport, latest electricity bill, telephone bill, water bill, registered lease deed, etc.
• Identity Proof of school: Copy of society or trust PAN Card, society or trust registration certificate, Bye laws of the society or trust.
• School Address Proof: Copy of electricity bill
• Society or Trust Profile: Society or Trust profile on letter head of the school or trust.
• School or Society Ownership Proof: Updated members of society or trust list duly certified by CA of the company.

1. Latest 3 years ITR with computation of income
2. Last 12 months up to date saving bank statement required
3. If any Individual applicant & co-applicant has taken any kind of loan from Banks or Financial institution then copy of sanction letter, amortization chart or repayment schedule along with 12 months up to date bank statement showing repayment of loans.
4. All the Individual applicant & co-applicant one year up to date all the operating or non-operating saving account statement req.

1. Latest 3 years ITR with computation of income, profit and loss account, balance sheet and schedule or annexure of balance sheet duly certified by chartered accountant.
2. If financials are audited then last three year audit report and tax report i.e. form 3CA & 3CD, directors report and auditor’s report also required.
3. Last 12 months up to date current account statement required.
4. If society or trust or school has taken any kind of loan from any banks or financial institution then copy of sanction letter, amortization chart or repayment schedule along with 12 months up to date bank statement required showing repayment of loans.

Complete chain of school property paper with approved sanctioned map / sanctioned plan.