Our Products and Services:
Finova is committed to providing tailored financial solutions for micro, small, and medium enterprises (MSMEs) across various industries to maximize business growth for our customers.
MSME Business Loan
- Loan Amount: Rs 2 Lakhs to Rs 25 Lakhs.
- Repayment Tenure: Ranging from 3 years to 10 years.
- Interest Rate: Reasonable Interest Rates.
- Security: These loans are secured against Immovable Properties.
- Processing Fee: We charge a processing fee of 1 to 3% plus applicable taxes.
Home Loan
- Loan Amount – Rs 3 Lakhs to Rs 25 Lakhs.
- Repayment Tenure: Ranging from 3 years to 10 years
- Interest Rate: Reasonable Interest Rates.
- Security: These loans are secured against Immovable Properties.
- Processing Fee: We charge a processing fee of 1 to 3% plus applicable taxes.
Personal Loan :
Government Salaried Employees
- Loan Amount: Rs 1 Lakhs to Rs 3 Lakhs.
- Repayment Tenure: Ranging from 1 years to 3 years.
- Interest Rate: Reasonable Interest Rates.
- Processing Fee: 2% + applicable Taxes.
Requirements
We have the following prerequisites for sanctioning a Loan:
Business Continuity: A minimum of 3 years in the same line of business is required.
Residence and Office Stability: A maintained stability in residence and office for at least 3 years.
Financial Documentation: Our dedicated team will work closely with you to explore a variety of documentation alternatives, ensuring that you can access the financing you need.
Property Documentation: We require valid property documents in the name of applicant or co- applicants.
At Finova, we understand the diverse needs of MSMEs and have designed our products and services to be flexible and accommodating. We are dedicated to supporting your business's growth and financial stability. Whether you are looking to grow business, need cash for working capital, refurbish your property or buy an asset, our goal is to empower you with the financial solutions that align with your unique business circumstances.
