Welcome to Jainx Financial Consultancy Services Pvt Ltd.
Welcome to Jainx Financial Consultancy Services Pvt Ltd.
Find answers to all your queries about our service.
Ans: Car Loan is available for Purchase of New Car, Electric Car and Old Car.
Ans: Salaried persons, Business Persons and Professionals are eligible for Car Loans.
Ans: Quantum of Loan eligibility is assessed on the basis of Net Monthly Salary in salaried class and Gross Cash accrual for business Persons.
Ans: Lending institutions considers the loan amount at on road Price of the vehicle which includes Ex- showroom cost, insurance & registration charges less stipulated margin.
Ans: To understand the financial disciplines such as number of cheques returned, routing of business transactions in personal account or vice versa, regularity of payment of Loan EMIs, type of banking transactions compared to customer profile etc.
Ans: In preliminary stage, ID Proof, Address Proof, Contact Details, type and amount requested be submitted.
Ans: Gross Monthly Salary, Deductions such as statutory and EMIs, Gross Cash Accruals (NPAT, Depreciations and Interest) etc.
Ans: An applicant can complete the application process without adding a co- applicant. Though, adding a co-applicant(s) might increase the chances of getting higher loan eligibility in case of Home Loan and Car Loan.
Ans: This is optional and purely at the discretion of the Borrower. However, it is always advisable to get a liability/life insurance cover so that family members don’t suffer in case of any unfortunate event.
Ans: Yes, as RBI guidelines, the repayment of housing Loan by NRIs can only be made by remittances from abroad through normal banking channels or through NRE /NRO account or out of rental income derived from the impugned property. The amount must be payable in Indian Rupees only.
a. Prescribed loan application form
b. Latest Photograph 2 Nos
c. Identity Proof duly attested by self
d. PAN/TIN Copy duly attested by Self
e. Residence proof of the Applicant.
f. Proforma Invoice of the Authorized dealer/ quotation from builders/Agreement to Sales/Estimate by an architect or Civil Engineer.
g. Allotment Letter
h. In case of salaried person, salary slip for last 3 months and bank statement for last 3 months or ITR or form 16 of the latest one year
i. In case of businessman: last 3 years Balance sheet and profit & loss, ITR copies of last 3 years, and bank statement of business account for last 3 months.
j. In case of businessman: last 3 years Balance sheet and profit & loss, ITR copies of last 3 years, and bank statement of business account for last 3 months.
k. CIBIL Report
l. ECGC-SAL/RBI Defaulter list verification
m. CERSAI Verification
n. Search Report and Valuation Report from approved advocate and valuer respectively.