Our Smart Home Loan Plan is designed to help you achieve your dream of owning a home. With competitive interest rates, flexible repayment options, and quick approval, this loan ensures a hassle-free experience.

What is the maximum loan amount? : You can avail up to ₹5 Crores depending on your eligibility.

Our SME Loan is designed to support small and medium-sized businesses with quick and hassle-free financing solutions. Whether you need funds for business expansion, inventory purchase, machinery upgrades, or working capital requirements, this loan helps your business grow with flexible repayment options and attractive interest rates. We provide fast processing, minimal documentation, and customized loan plans suitable for startups, traders, manufacturers, and service providers.

Applicant must be an Indian citizen. Minimum age should be 21 years. Business must have at least 1 year of operational history. Valid business registration proof is required. Stable monthly business income and bank statements are mandatory.

Interest Rate: Starting from 10.5% p.a. Processing Fee: Up to 2% of the loan amount. Loan Tenure: 12 to 60 months. Prepayment Charges: Applicable as per lender policy. Late Payment Penalty: Charged for overdue EMIs.

Q1. What is the maximum loan amount available?

You can avail SME loans up to ₹50 Lakhs depending on eligibility and business profile.

Q2. Is collateral mandatory for SME loans?

No, selected SME loans are available without collateral.

Q3. How long does approval take?

Loan approval usually takes 24 to 48 working hours after document verification.

Q4. Can startups apply for SME loans?

Yes, startups with stable revenue and valid business proof can apply.

Q5. What documents are required?

KYC documents, GST registration, bank statements, income proof, and business registration documents are generally required.

Fill out the online loan application form. Submit required KYC and business documents. Our team will verify your application details. Loan eligibility and approval will be processed quickly. Upon approval, the loan amount will be disbursed to your bank account.

Our Smart Business Loan Plan is tailored to support entrepreneurs and small business owners. Whether you need funds for expansion, inventory, or working capital, this loan provides quick access to capital with flexible repayment terms and competitive interest rates.

What is the maximum loan amount?

Who can apply

Salaried employees, self-employed individuals, business owners aged 21–65 years

Minimum income

₹15,000/month (salaried) · ₹2,00,000/year (self-employed)

Credit score required

650 and above (CIBIL). Higher score qualifies for lower interest rate.

Eligibility — location

Available across India. Applicant must be a resident Indian citizen.

Age

21 to 65 years at the time of loan maturity

Employment type

Salaried, self-employed, business owner, or NRI

Minimum income

₹15,000/month (salaried) · ₹2,00,000/year (self-employed)

Interest rate (fixed)

Based on credit score and tenure                       7.5% – 12% p.a

Interest rate (floating)

Linked to repo rate, revised quarterly                 7.25% – 11.5% p.a

Check eligibility

Use the online EMI calculator to enter your income, desired loan amount, and tenure. Confirm you meet age and income criteria before starting the application.

Fill in the application form

Complete the online or branch application with personal details, employment information, vehicle details (make, model, on-road price), and loan amount required.

Upload documents

Submit KYC documents (Aadhaar, PAN), income proof (salary slips / ITR), bank statements (last 6 months), vehicle proforma invoice, and address proof.

Verification and credit check

Our team verifies documents and runs a credit score check. A field executive may contact you for physical KYC verification if needed.

There are multiple organizations and products abbreviated as “RTR.” In mortgage lending, people often refer to mortgage servicing companies such as Real Time Resolutions (RTR) or use the term generally for mortgage/home loans. Since no specific lender was mentioned, here's a general mortgage loan guide covering eligibility, application process, interest rates, charges, FAQs, and visuals.

Criteria	Salaried	Self-Employed
Minimum Age	21 years	23 years
Maximum Age at Maturity	65–70 years	65–70 years
Income	Stable salary	Stable business income
Credit Score	Preferably 700+	Preferably 700+
Employment/Business History	2–3 years	3+ years

Typical ranges seen in the market:

Interest can be:

• Fixed Rate
• Floating Rate

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Common Charges

Besides interest, lenders may charge:

Borrowers frequently report valuation, legal, documentation, and registration-related expenses during mortgage processing. 

1. What credit score is required?

Most lenders prefer a score above 700, with better rates often available above 750.

2. Can I prepay my mortgage?

Many floating-rate home loans allow prepayment without penalty, while fixed-rate loans may have charges.

3. How long does approval take?

Usually 3–15 working days depending on documentation and property verification.

4. Can I apply jointly?

Yes. Spouses, parents, and other eligible co-applicants can often combine income to improve eligibility.

5. What is the maximum tenure?

Home loans commonly offer up to 30 years, while Reverse Mortgages generally have a maximum tenure of 20 years.

6. Can NRIs apply?

Many banks and housing finance companies provide mortgage products for NRIs, subject to eligibility requirements.

7. What happens if I miss EMIs?

Late payment charges apply, credit scores may be affected, and prolonged defaults can lead to recovery proceedings.

Step 1: Check Eligibility

• Calculate income and EMI affordability.
• Review credit score.

Step 2: Gather Documents

• PAN Card
• Aadhaar Card
• Salary slips / ITR
• Bank statements
• Property papers

Step 3: Submit Application

Apply online or at a bank branch.

Step 4: Verification

The lender performs:

• Credit assessment
• Legal verification
• Property valuation

Step 5: Sanction Letter

The lender issues:

• Approved loan amount
• Interest rate
• Tenure
• Terms and conditions

Step 6: Loan Disbursement

Funds are released after documentation and mortgage creation.