Loans

financial2

HTCGFS the one-stop-shop that offers loans to meet your monetary short comings

  • Overcome temporary cash crunches with HTCGFS Personal Loans
  • Take advantage of the low interest rates with HTCGFS Mortgage Loans
Personal Loan

HTCGFS is a Non-Banking Financial Company approved by Reserve Bank of India, is offering Personal Loans & Mortgage Loans at the best rates in comparison with bank interest rates.

Personal Loan rate of interest

  • For Employees who have completed 2 yrs with HTC the rate of interest for Personal Loan will be 14.5% diminishing (Approx 8% flat rate).
  • For Employees who are yet to complete 2 yrs with HTC the Personal Loan shall be given @ 16.5% diminishing (Approx 9% flat rate). However, once an employee completes his/her 2nd yr in HTC, the outstanding of the loan will be revised to 14.5% ROI.

Term of Repayment

  • Upto a maximum of 60 months for employees who have completed 5 yrs with HTC.
  • Upto a maximum of 36 months for other employees.
Mortgage Loan

Mortgage Loan is a facility to get loan against property. The benefit is that the interest rates on loan against properties are generally low as compared to other consumer loans.

Benefits of LAP
The benefits of mortgage loan is that it can be used for funding existing business, debt consolidation, emergencies, or for education.

Loans against Residential as well as Commercial Properties
A loan against property facility is available against residential as well as commercial properties for loan amounts ranging from Rs. 10 lakh to Rs. 3 crores.

Eligibility
Loans can be applied by individuals, either solely or jointly. The owners seeking for loan against their property will have to be applicants or co-applicants. However, the co-applicants need not necessarily be owners.

Eligibility Criteria
For salaried individuals, the eligibility criteria are:

  • The minimum gross annual income of the applicant should be Rs. 1.44 lakh.
  • The minimum age of the applicant must be 21 years.
  • The maximum age of the applicant at the time of loan maturity must be 58 years.

For self-employed professionals, the eligibility criteria are:

  • The minimum annual income should be Rs. 1.44 lakh as per the Profit and Loss account .
  • The minimum age of the applicant must be 21 years.
  • The maximum age of the applicant at the time of loan maturity must be 58 years.
  • The firm/company owned by the applicant should have been in operation for the last 3 years.
  • The firm/company owned by the applicant should be making cash profits for the last two years.

For self-employed non-professionals, the eligibility criteria are:

  • The minimum annual income should be Rs. 1.44 lakh as per the Profit and Loss account .
  • The minimum age of the applicant must be 21 years.
  • The maximum age of the applicant at the time of loan maturity must be 58 years.
  • The firm/company owned by the applicant should have been in operation for the last 3 years.
  • The firm/company owned by the applicant should be making cash profits for the last two years.