Hinduja Leyland Finance

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating Rate of Interest : 12 % to 18 % p.a.
  • Fixed Rate of Interest: 13% to 24% p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 years to 15 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing  Fee 2%  depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Hinduja Leyland Finance

Hinduja Leyland Finance Ltd was incorporated on November 12, 2008.Hinduja Leyland was permitted to commence operations as a non-banking financial Company (NBFC) under section 45 IA of the Reserve Bank of India Act, 1934.Hinduaj Leyaland Finance Ltd is one of the India’s leading vehicle finance NBFCs.

Your Eligibility depends on following


You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Minimum income required Rs.25,000 per month
EMIs of other loans lower your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 15 years

Rate of Interest and Other Charges for Loan Against Property are following

Rate of Interest:

Sno.

Loan Type

Rate Of Interest

1

Loan against property (Floating)

12% to 18%

2

Loan against Property (Fixed)

13% to 24%

Existing Loan take over or New Loan

Here are some points that why you should choose Hinduja Leyland Finance for loan against property:

  • HDFC Provides High Loan Amounts
  • HDFC Fulfil Your Every Need
  • Get Easy Repayment Options
  • Transparent Processing
  • Quick and Efficient Servicing
  • Benefits for the Self Employed
  • Easy Debt Consolidation

Features of Loan

Features and Benefits:

  • These loans are usually get approved fairly quickly and sans without any hassle process.
  • Loans amounts ranging from Rs. 10 lakhs to Rs. 3 crores
  • Doorstep Service - Fix an appointment with any of our representatives on phone and get assistance in completing loan related formalities
  • Gain quick approval on loans
  • Flexible loan offerings - EMI based loan or Overdraft facility available
  • Minimal paperwork and hassle free processing
  • Attractive interest rates

Documents required for Hinduja Leyland Finance Loan against Property

For Salaried Individuals:

  • Proof of Residence(any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voter’s ID Card
  • Proof Of Identity(any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver’s License
  3. employer’s Card
  • Bank Statement / Passbook of last 6 months
  • Salary slip of last 6 months.
  • Form 16 for previous 2 years.
  • Legal documents of the concerned property.

For Self-employed individuals

  • Certified financial statement of last 3 years.
  • Proof of Residence (any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voters Card
  • Proof of Identity (any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver License
  3. Employer’s Card
  • Latest Bank Statement or Passbook
  • Copies of all property documents which you want to use as collateral.