Balance Transfer & top up
What is a Top Up Loan?
Top-up is a provision that helps you adding a certain amount to avail for personal and professional needs like marriage, Child’s education and business expansion etc.
Why Balance Transfer Required?
Loan having a very long tenure like up to 30 years bounded to spend a large amount of your income in servicing it.
Total Loan Amount contains more than 50% as an interest amount.
You can maintain interest rate at lowest by transferring your loan from higher interest to lower one by Balance Transfer.
It gives better benefits at initial years of loan as you pay the highest interest component in the initial years.
What are the benefits of transferring loan?
Reduction in interest rates from higher rates
Reduction in EMI
Option to avail top up loan at same rate as home loan rate on certain condition.
Lower interest rates with best scheme from various Banks
What is the benefit of top up loan?
The interest rates of the top-up home loan are lower as compared to the rates of credit cards, personal loans or car loans.
The tenure of the top-up loans is longer as compared to the tenure of other unsecured loans.
Lease Rental Discounting (LRD) Loan
Lease Rental Discounting (LRD) is a term loan that is offered against rental receipts and is availed by tenant against lease contracts.
Industrial Loans
A commercial and industrial (C&I) loan is a loan made to a business or corporation.
Contact
- 201, 2nd Floor, Square Plaza, Vishwas Colony, Beside Bombay Sandwich, R.C. Dutt Road, Alkapuri, Vadodara-390007
- +91 8000206660
- Sales@ecpl.loans