Efforts 4u Offer Loan in 3 Easy Steps ...
Online Documentation
Direct Online Process with Partners Bank
Easy Disbursal in Client's Account
Types of Loans, We are Providing with Partners Bank
1. Instant Personal Loans
Personal Loans for Salaried Professionals
This type of personal loan is tailored for salaried employees working in reputed private firms or public sector undertakings. Eligibility and loan amount depends on the applicant’s monthly income, employer profile, and credit history. Only basic documents like ID proof, salary slips, and bank statements are needed. The processing is quick, and the tenure is flexible. Interest rates are lower for salaried customers due to stable incomes.
Personal Loans for Self-Employed Professionals
Self-employed individuals like doctors, chartered accountants, and consultants can avail of this unsecured loan designed for borrowers with business income. Eligibility criteria may include annual turnover, number of years in business, profitability, and credit score. The maximum loan amount and tenure depend on the income declared. The interest rate is slightly higher than salaried loans but still competitive.
2. Car Loan
Whether you’re dreaming of a brand-new vehicle or a reliable pre-owned model, car loans offer a flexible financing solution. New car loans typically come with lower interest rates and longer repayment tenures, often covering a significant portion, or even up to 100%, of the car’s on-road price. In contrast, used car loans generally have slightly higher interest rates and shorter tenures, as the depreciating asset carries a higher perceived risk for lenders. Eligibility for both types of loans in India depends on factors like your credit score (a score above 750 is usually preferred), income stability, age, existing liabilities, and the specific car you choose. While new car loans might appeal to those seeking the latest models and maximum funding, used car loans provide an affordable pathway to car ownership, especially for those with budget considerations. It’s advisable to compare offers from various banks and financial institutions to find the best interest rates and terms tailored to your financial profile and desired vehicle.
3. Home Loan
Home loans are a crucial financial tool for many individuals aspiring to own a home. They provide the necessary capital to purchase property, allowing borrowers to repay the amount over an extended period, typically 10 to 30 years, through equated monthly installments (EMIs). The eligibility for a home loan, as well as the interest rates offered, depend on various factors including the borrower’s credit score, income stability, existing debts, and the property’s value. While home loans enable property ownership, it’s essential for borrowers to carefully assess their financial capacity and understand the terms and conditions before committing, as it represents a significant long-term financial obligation.
4. Loan Against Property
A Loan Against Property (LAP) is a versatile financial product that allows individuals and businesses to leverage their owned commercial or residential property to secure funds. Unlike a traditional home loan, LAP provides flexibility in end-use, meaning the borrowed amount can be utilized for a wide array of purposes, including business expansion, debt consolidation, funding education, medical emergencies, or even personal expenses. The loan amount sanctioned is typically a percentage of the property’s market value, and it comes with relatively lower interest rates compared to unsecured loans, making it an attractive option for those seeking substantial funds with longer repayment tenures.
6. Education Loans
Education loans have emerged as a crucial financial tool, empowering countless students to pursue their academic aspirations regardless of their socioeconomic background. By covering tuition fees, living expenses, and other educational costs, these loans alleviate the immediate financial burden, allowing students to focus on their studies. They represent an investment in human capital, facilitating access to quality education that might otherwise be out of reach, and ultimately contributing to individual career growth and broader societal development.
5. Business Loan
Securing a business loan can be a pivotal step for companies looking to expand operations, manage cash flow, purchase equipment, or invest in new ventures. These financial instruments provide the necessary capital that can fuel growth and innovation, often coming in various forms such as term loans, lines of credit, or SBA-backed loans, each tailored to specific business needs and repayment structures. Eligibility typically hinges on factors like creditworthiness, business plan viability, and collateral, making a well-prepared application crucial for obtaining favorable terms and achieving strategic objectives.
Personal Loan Interest Rates of Some of the Top Banks
S.No. | Bank Name | Personal Loan Interest Rate |
1. | HDFC Bank Personal Loan Interest Rate | 10.5% p.a. – 21.00% p.a. |
2. | ICICI Bank Personal Loan Interest Rate | 10.75% p.a. – 19.00% p.a. |
3. | SBI Personal Loan Interest Rate | 9.60% p.a.- 15.65% p.a. |
4. | Yes Bank Personal Loan Interest Rate | 10% p.a. – 24% p.a. |
5. | Axis Bank Personal Loan Interest Rates | 10.25% to 21% p.a |
Home Loan Interest Rates of Some of The Top Banks
S.No. | Bank Name | Home Loan Interest Rate |
1. | Kotak Mahindra Bank Home Loan Interest Rate | 8.65% p.a. onwards |
2. | SBI Home Loan Interest Rate | 8.90% onwards |
3. | Union Bank of India Home Loan Interest Rate | 8.60% p.a. onwards |
4. | Bank of Baroda Home Loan Interest Rate | 8.60% p.a. onwards |
5. | Bank of India Home Loan Interest Rate | 8.65% p.a. onwards |
Car Loan Interest Rates of Some of The Top Banks
S.No. | Bank Name | Home Loan Interest Rate |
1. | Bank of Baroda Car Loan Interest Rate | 8.40% p.a. onwards |
2. | Canara Bank Car Loan Interest Rate | 9.15% p.a. onwards |
3. | Axis Bank Car Loan Interest Rate | 8.50% p.a. onwards |
4. | Federal Bank Car Loan Interest Rate | 10.75% p.a. onwards |
5. | SBI Car Loan Interest Rate | 8.50% p.a. onwards |
Education Loan Interest Rates of Some of The Top Banks
S.No. | Bank Name | Home Loan Interest Rate |
1. | PNB Education Loan Interest Rate | 8.30% onwards |
2. | SBI Education Loan Interest Rate | 8.30% onwards |
3. | Axis Bank Education Loan Interest Rate | 13.70% to 15.20% |
4. | Bank of Baroda Education Loan Interest Rate | 8.85% onwards |
5. | Kotak Mahindra Bank Education Loan Interest Rate | Up to 16% |
Offers & Support
Hassle Free - Admin & Technical Support
We understand that your focus should be on your core business, not on navigating complex technical issues or administrative hurdles. That’s why we offer Hassle-Free Admin & Technical Support, ensuring seamless operations and peace of mind. Our dedicated team is readily available to provide prompt and efficient assistance, whether you’re facing a technical glitch, require system maintenance, or need administrative guidance. With our proactive monitoring and responsive problem-solving, you can rely on us to minimize downtime, optimize performance, and handle all your support needs, allowing you to concentrate on what you do best.
24*7 Virtual & Physical Support
In today’s interconnected world, uninterrupted support is paramount, which is why we provide 24/7 Virtual & Physical Support to ensure you’re always covered. Our virtual assistance, accessible round-the-clock through online chat, email, and phone, offers immediate solutions to a wide range of queries and technical issues, no matter where you are. Complementing this, our physical support team is ready to deploy on-site when hands-on intervention is required, ensuring comprehensive problem resolution and system maintenance. This dual approach guarantees that you receive timely, expert help precisely when and how you need it, minimizing downtime and maximizing productivity.