Ambium Finserve Pvt Ltd

Industrial Area Phase I, Industrial Area Phase I, Chandigarh

What is a Home Loan?A home loan is an amount of money that an individual borrows from a bank, financial institution or from a Non Banking Finance Company at a certain rate of interest. It has to be repaid in shape of an EMI ( Equated Monthly Installment which is combination of certain principal and interest amount ) every month. The property on which loan is taken to be kept as a security by the money lending company for the Home Loan.Why Home Loan?Buying a home could be one of the biggest achievements of a persons life. In most cases, it takes an entire lifespan to fulfil the dream of purchasing ones own home. Selecting the ideal property involves a lot of research and planning. Arranging funds is probably the toughest and the trickiest part of the process.You could dip into your savings for the entire payment or decide to get a Home Loan at a good interest rate.A decade or so earlier, borrowing from a bank used to be a cumbersome process but today financial institutions have simplified the entire Home Loan application and disbursement process. All leading financial institutions offer Home Loans with attractive interest rates, flexible repayment periods, quick turnaround times and unique product features. Before finalising on a lender, one must understand the intricacies of a Home Loan.

Dreams and aspirations are what drive humanity and the ability to fulfill these ambitions is often a dark road that can only be illuminated by Ambium Finserve. Bespoke repayment options are key, with advantageous interest rates that add value to the thoughtful practice. Thus, Ambium brings clients one step closer.

The growth and sustainability of a business depends on the continuous inflow of funds. The funds might be required to expand the business or purchasing equipment. The funds can be borrowed in the form of a loan from banks and other financial institutions. Business Loans are typically unsecured in nature which means no collateral or security is required to borrow a loan. Business Loan is a debt provided to the company or the self-employed professionals or business owners that are to be repaid along with the principal amount. The rate of interest is usually pre-determined by the lending institutions. A Business Loan in India is offered at competitive interest rates, with a low processing fee, and without any security or collateral. Several leading banks and NBFCs including HDFC Bank, ICICI Bank, Capital First, Citibank, Fullerton India, Tata Capital, and so forth are offering business loans.

Personal Loan is an unsecured loan that is generally used for a personal purpose. This type of loan could be used for paying off debts, going on vacations, buying appliances and latest gadgets, home improvement, unexpected medical expenses, and so forth. The banks calculate the eligibility of the borrower before approving the loan application. A Personal Loan is offered based on the credibility and repaying capacity of the borrower. The funds from a Personal Loan could be used for any type of expense as per the convenience and requirement of the borrower. As a Personal Loan does not require any security or collateral, the rate of interest charged is comparatively higher than other types of loans. Unlike the high rate of interest, the loan tenure is shorter than the other types of secured loans and can be used for any personal need.

The growth and sustainability of a business depends on the continuous inflow of funds. The funds might be required to expand the business or purchasing equipment. The funds can be borrowed in the form of a loan from banks and other financial institutions. Business Loans are typically unsecured in nature which means no collateral or security is required to borrow a loan. Business Loan is a debt provided to the company or the self-employed professionals or business owners that are to be repaid along with the principal amount. The rate of interest is usually pre-determined by the lending institutions. A Business Loan in India is offered at competitive interest rates, with a low processing fee, and without any security or collateral. Several leading banks and NBFCs including HDFC Bank, ICICI Bank, Capital First, Citibank, Fullerton India, Tata Capital, and so forth are offering business loans.

Dont have the money to buy a car outright? Ambium Finserve is the best place to obtain a vehicle loan. The car itself serves as collateral, thus making it a secure loan and easy to obtain at a low rate of interest. Vehicle loan is quick and convenient with least hassles. With easy financing options, you can choose the best car that suits all your purposes and end your transportation woes. Get more information on easy car financing and apply for a car loan in Chandigarh Tricity today.

What is education loan?Education loan is a special kind of loan granted by banks under which some amount of money is granted to students at special rates. With the help of education loan, the students can achieve higher and costly studies at cheaper rates.Benefits of Education loan The interest paid on the education loan can be claimed as deduction, as per Section 80E of the Income Tax Act, 1961. The income tax benefit can only be claimed on interest part of the loan. The principal part does not qualify for tax benefit.Documents required1. Application form filled by dually applicant and co applicant or guarantor.2. Passport size photographs3. Identity and Residence Proofs PAN Card or Adhar Card4. Form 1355. Proof of Assets like LIC/RC of Vehicle/Property etc. 6.Statement of All Outstanding Loan Accounts and Credit Cards last 6 months7.Proof of past Academic record8. Copy of passport with valid visa (in case of overseas study)9.Income certificate for availing interest subsidy, if eligible. 10.Admission Letter with course details/Prospectus/Fee Structure etc.

A machinery and equipment term loan is a good option for leveraging the assets of the company in order to re-structure existing term loans or to acquire additional equipment. The term loan is typically secured by the asset that is being financed. A machinery and equipment term loan in addition to an asset based line of credit provides a comprehensive financing solution.

Trade loan represents monetary activities related to commerce and international trade. Trade loan includes lending, the issuance of letters of credit, factoring, export credit and insurance. Companies involved with trade finance include importers and exporters, banks and financiers, insurers and export credit agencies, and service providers.