black-logo
logo
Types of Loan Offerings And When to Apply for What? - A Complete Guide by Zavron Finserv

Mar 19, 2021 15 min read

Types of Loan Offerings And When to Apply for What? - A Complete Guide by Zavron Finserv

In today’s fast paced life, one may need an instant personal loan some day or the other. There are many occasions when we find ourselves short of money and we need some help and support.

It can be some emergency, marriage, childbirth, education, home repairs, business or you may want to buy some gold, electrical appliances or gadgets.

In these cases you might need to borrow some money, which is called loan. On this loan, you need to pay a certain amount of interest along with the repayment of the principal amount.

There are basically two types of loans in India:

1.    Secured Loans: For these types of loans you need to provide collateral or some type of asset as security to the lender. This helps in loan recovery in case you are unable to repay the loan. Secured loans have comparatively low rates of interest. Home loan, Loan against property, Gold loans etc. are secured loans.

2.    Unsecured Loans: For these types of loans you do not need to provide any collateral or any type of asset as security to the lender. Before providing these types of loans, your previous loan repayment history is checked. So, you need a good credit score.

Loans facilities at Zavron Finserv

At Zavron Finserv, we provide you fast and easy loans, which are flexible according to your financial needs.

You may get easy and quick personal loans, business loans, used car loans, and two-wheeler loans. Loan amount may vary from INR 50,000 to INR 10,00,000 as per your eligibility.

Personal Loan

Quick Personal loan can be availed for a variety of purposes like home renovation, higher studies, travel, wedding, childbirth, funerals, emergency medical expenses etc. You don't need a collateral or security against the personal loan.

At Zavron, your loan application is scrutinized and approved within minutes if you are eligible for the loan.

Minimal documentation makes the personal loan hassle free and quick to approve, which is available for salaried individuals and self employed both.

We give flexible repayment and EMI options with competitive interest rates which suits the recipient the most.

How to apply for a Personal Loan?

❖    Visit our website www.zavronfinserv.com

❖    Click on ‘Apply Loan’ in the right corner.

❖    Fill the loan application form available there.

❖    Submit the form after filling all the details.

❖    We will verify your form quickly and you will be informed about your eligibility.

❖    If eligible, submit the following documents:

-      Aadhaar Card

-      PAN Card

-      3 months’ Salary slips or income tax returns

-      Bank Statements of last 6 months for self-employed individuals and 12 months for salaried individuals.

❖    Your documents will be verified and you will be informed about the loan amount you are eligible for.

❖    The loan amount will be disbursed to your account soon after the verification.

Please note that minimum age for self-employed individuals must be 21 years and for salaried individuals the minimum age must be 23 years.

Business Loan

If you are aspiring to expand your business, upgrade infrastructure and machinery or increase working capital, Zavron Finserv is here to provide you with an instant business loan.

Private Limited Companies, Partnership Firms, Proprietorships etc. can avail business loans without complicated procedures.

How to apply for a Business Loan?

❖    Visit our website

❖    Click on ‘Apply Loan

❖    Fill the loan application form and select ‘Business Loan’ option available there.

❖    Submit the form after filling all the details.

❖    Your details will be verified quickly and you will be informed about your eligibility.

Eligibility criteria for business loan is as follows:

❖    Your age must be 24 years or above.

❖    You should have Aadhaar Card, and PAN Card

❖    You will have to share Income tax returns of the last 3 years and bank statements of the last 12 months.

❖    Your trade license

❖    Your cash flow statement etc.

Used Car Loans

You want to buy a second hand car or used car but are short of funds. Don’t worry! Zavron is here to help you.

Follow the simple steps to apply for a used car loan.

How to apply for a Used Car Loan?

❖    Visit our website www.zavronfinserv.com

❖    Go to ‘Apply Loan’ in the extreme right corner.

❖     Fill the loan application form available there and choose ‘used car loan’ option from the dropdown menu.

❖    Submit the form.

❖    We will verify your details quickly.

Eligibility criteria for Used Car Loan is as follows:

❖    Your age must be 23 years or above.

❖    You must produce Aadhaar Card, PAN Card

❖    Your Income Proof

❖    Bank statement of last 12 months.

❖    Vehicle registration documents

❖    Vehicle you want to buy should not be older than 7 years.

Two - Wheeler Loans

If you want to buy a two-wheeler but are struggling with funds, Zavron is here for your rescue. We provide fast, easy and flexible Two-wheeler loans with minimal documentation.

Follow the simple steps to apply for a Two-wheeler loan.

How to apply for a Two - Wheeler Loan?

❖    Go to our website and Click on ‘Apply Loan’ in the right corner.

❖    Fill the loan application form available there.

❖    While submitting the form choose the ‘Two-wheeler loan’ option and Submit the form.

❖    Your details will be verified quickly and you will be informed about your eligibility.

Eligibility criteria for Two-wheeler Loan is as follows:

    Your age must be 23 years or above.

❖    You will have to share your Aadhaar Card details and PAN Card details

❖    Last 3 years salary slips/Income Proof

❖    Bank statement of last 12 months.

❖    Vehicle registration documents You can repay the loan in easy installments.

Share on

YOU MIGHT ALSO LIKE

logo

LICENSED BY RBI

ZAVRON FINANCE PVT LTD

RBI License no.:- N-13.02268

CIN:- U67100MH2017PTC292183