Frequently Asked Questions

MYSUVIDHA FINANCE is an established financial service company engaged in advisory services, for secured & unsecured loan for more than 9 years. We have already disbursed 950+ secured loan cases where customer's was finding difficulties to get loan done from many banks & finance companies (NBFC).
There is no such trade secret, infact MYSUVIDHA FINANCE is tied-up with hundred plus banks, finance companies, co-operative banks, Patpedhi, etc. Therefore, based on clients requirements we chose the best suitable option for our clients.
Sanctions depends upon case to case basis, most of our cases get Pre-sanction/sanction in 2 to 5 working days from the date of login. (Home Loan).
Again Disbursement depends upon case to case basis & there are many process & legalities involves approximately time required to disburse 15 to 20 working days. (Home Loan & Mortgage Loan).
We have observed that there is a huge burning problems in respect of home loan & mortgage loan if there is any deviation in cases, like cash salary, no ITR, low ITR, Cibil issues (non intentional) etc. inspite of repayment capacity.We put our best effort to present the case in positive manner based on clients, profile, Financials, Repayment Capacity, Property Valuation & other Mitigance, of the clients..
All the loans disbursement solely subject to banks, Finance companies, Co-operative banks, PatPedhi credit decision, & Property Valuation.
Since we have tie-up with hundreds of bank & finance companies, therefore, we are always in a best position to give best rate of interest available in the present market situation & case to case basis.
There is an assortment of home loans we offer as mentioned below:
  • Home Loan Balance Transfer
  • Home Loan Top Up
  • Pradhan Mantri Awas Yojana
  • Home Extensions Loan
  • Home Renovation Loan
  • Home Construction Loan
  • Home Loans For Self Employed
  • Home loan for NRI's
  • Plot Loan/Land Loan
EMI (Equated Monthly Installment) is the sum payable to the loan lending organization reliably, till the credit is paid up every single required funds. It includes a part of the intrigue and principal.
You are qualified for a loan in the event that you are an Indian native or a man of Indian Origin and are a salaried/independently utilized proficient/a representative. Your loan qualification will be directed by MySuvidha Finance dependent on proficient salary, age, qualification, number of wards, co-applicants pay, assets, liabilities, congruity of occupation, investment funds and earlier record. Further, the loan qualification will similarly be dependent on the estimation of property picked by you. To entitle for your home loan with MySuvidha Finance, you must be:
  • An Indian resident or NRI
  • Over 21 years old at the initiation of the loan
  • Below 65 when the loan matures
  • Either salaried or self-employed
A co-applicant is/are the co-owners of the property which is being offered as guarantee/security to the credit. In any case, all co-applicants require is not co-owners. Co-applicants for the credit are generally for spouse/wife, father/child, etc.
The interest rate begins from 8% onwards. Intrigue fluctuates according to the monetary situations and financing costs are dynamic in nature. The interest on home loans in India is commonly ascertained either on monthly lessening or yearly diminishing the balance.
The fixed rate of intrigue implies the rate of interest stays constant for the entire duration of the loan. This implies you don't benefit regardless of whether home loan interest rates fluctuates in the market over the span of your loan.
In this circumstance, the rate of interest varies in view of the market loaning rate. This suggests you stand the risk of paying more than you planned for in case that the crediting rate goes up.
Before full and last payment and the start of EMI, you pay a pre-EMI interest with respect to the loan dispensed to you. Pre-EMI intrigue is payable reliably from the date of each installment up to the date of initiation of the EMI.
This period choice ranges generally from 5 to 30 years. MySuvidha Finance offers loan from whose tenure ranges from 5 to 30 years.
For the most part, the property to be bought, itself transforms into the security and is sold to the loaning association till the entire credit is reimbursed. A few organizations may demand additional security, for instance, life insurance, FD receipts, and offer or assets declarations. MySuvidha Finance doesn't demand securities. Securities will be asked by MySuvidha Finance in striking cases as it were.
MySuvidha Finance doesn't require a Guarantor. You can have a co-applicant rather, while some other money-related institutions do request 1 or 2 guarantors.
Loans can be applied before or after the choice of property. The loan sum is approved at a basic level to tell purchasers what amount they can profit by. This encourages them to pick their financial plans. Real payment is made after pleasing confirmation of each essential report.
Resident Indians are qualified for all requirements for certain tax reductions on critical and interest parts of a home credit under the Income Tax Act, 1961.

MySuvidha Finance attempts to ensure that all information and materials, regardless of whether in association with the things, organizations, workplaces, offerings or something different. MySuvidha Finance makes no depictions or guarantees concerning the satisfaction or adequacy or precision of data and explicitly renounces obligation for any mistakes or oversights or postponements in refreshing this data. The data accessible on the site is at risk to change, refresh, modification, affirmation, and revision without seeing and such information may change truly.

Data is provided upon the condition that the persons receiving the similar will make their very own assurance as to its suitability for their purpose prior to use or in regards to the settling on of any decision. No data on this site should comprise a test to place resources into any money related thing. Any utilization of this site or the Information is at your own risk.

MySuvidha Finance along its chiefs, workers, accomplices or diverse delegates and its Affiliates nearby its executives, specialists, partners or distinctive agents should not be in danger for damages or harm rising out of or in regards to the use of the Website or its non-use including non-availability, compensatory, prompt, circuitous or significant damages, loss of data, pay or advantage, loss of the property including without obstacle loss of advantages, misfortune or defilement of data, loss of liberality, work stoppage, PC disillusionment or glitch, or interference of business; under any agreement, recklessness, strict obligation or different speculation rising out of or relating in any capacity to the Website, page webpage related organizations, or any things or administrations and cases of outsiders damages or harm brought by any execution, dissatisfaction of execution, blunder, prohibition, interruption, cancellation, deformation, delay in activity or transmission, PC infection, exchanges line disappointment, theft or demolition or unapproved access to, change of, or usage of data, on account of happening, in whole or to some extent, from or relating to any of the administrations offered or appeared by MySuvidha Finance on the Website.

All visitors ("visitor", "you", "your") who should visit the webpage: http://www.suvidhafinance.com ("Website") may be verified under this Privacy Policy.

("MySuvidha Finance", "Us", "We", "Our") perceives the significance of verifying your own, cash exchange and related ("data"). MySuvidha Finance ensures that the information made accessible to us will be kept in careful confidential and we may use such data just to profit your record better, to give items and services that you may have requested for and to advise you about various items and services that may hold any significance with you. We don't pitch your very own information to any outsider. MySuvidha Finance shall use its sincere endeavors to maintain a strategic distance from the unexpected revelation of your data and personal details to unapproved staff or to some other outcast. MySuvidha Finance will use a comparative level of consideration to guarantee such information and individual details as MySuvidha Finance would use with respect to its own confidential data.

MySuvidha Finance may use your own information to upgrade its services towards you and to keep you updated about its new things or data that may hold any importance to you including having our agent/s to associate with you. The data accumulated from you would be used in the correct manner and setting in which it is relied upon to be utilized.

Observe that your movement of having visited to the Website supports MySuvidha Finance to exchange, share, part with all information related to the subtle elements and exchange history of the Customers to its Affiliates/banks/financial establishments/credit specialists/organizations/interest for any media transmission or electronic clearing system as may be required by law, standard practice, credit revealing, authentic examination and credit scoring, confirmation or risk management should not hold MySuvidha Finance liable for use or exposure of the said data.

MySuvidha Finance may accumulate and use the data given by you just on a need-to-know premise to convey on better services to you. MySuvidha Finance may use and share the information gave by you its Affiliates and outsiders for giving services and any services related activities, for instance, gathering participation charges for such services, and advising or reaching you concerning any issue with, or the lapse of, such services. In such way, it may be essential for MySuvidha Finance to uncover your data to atleast one specialist and temporary specialists of MySuvidha Finance, and their sub-authoritative workers, anyway such operators, legally binding workers, and sub-transitory workers will be required to consent to use the information acquired from MySuvidha Finance only consequently. Information gave by you its Affiliates and outsiders for giving services and any services related activities, for instance, gathering participation charges for such services, and advising or reaching you concerning any issue with, or the lapse of, such services. In such way, it may be essential for MySuvidha Finance to uncover your data to atleast one specialist and temporary specialists of MySuvidha Finance, and their sub-authoritative workers, anyway such operators, legally binding workers, and sub-transitory workers will be required to consent to use the information acquired from MySuvidha Finance only consequently.

Usage of the site and its substance is at your own risk. The data and information mentioned on the site should not be translated as guidance, proficient or something else, and MySuvidha Finance probably won't be committed for any decision assumed on the basis of usage. Neither the data, nor any appraisal contained on this site establishes a requesting or an offer made by MySuvidha Finance. There may be news/articles related to things appeared on the site; the substance of such articles and the clarification of such articles are exclusively personal in the perspective of MySuvidha Finance. Customers are encouraged to use the articles and other data on the Website similarly as data.

In specific situations mysuvidha might be required to impart the data to the outsiders, where mysuvidha might be of the conclusion that the outsiders can add to include value and enhance the nature of services provided by suvidha to its Customers. Mysuvidha should find a way to guarantee that the secrecy of your data is kept up by forcing strict privacy prerequisites on all the outsiders with whom we may part with the data.

Usage of the site and its substance is at your own risk. The data and information mentioned on the site should not be translated as guidance, proficient or something else, and MySuvidha Finance probably won't be committed for any decision assumed on the basis of usage. Neither the data, nor any appraisal contained on this site establishes a requesting or an offer made by MySuvidha Finance. There may be news/articles related to things appeared on the site; the substance of such articles and the clarification of such articles are exclusively personal in perspective of MySuvidha Finance. Customers are encouraged to use the articles and other data on the Website similarly as data.

In specific situations, MySuvidha Finance may be required to impart the data to the outsiders, where MySuvidha Finance may be of the conclusion that the outsiders can add to include value and improve the nature of services given by MySuvidha Finance to its Customers. MySuvidha Finance should figure out the way to ensure that the secrecy of your data is kept up by strict security essentials on all the outsiders with whom we may part with the information.

The site utilizes cookies. Cookies are little information documents that a site stores on your PC. We utilize relentless cookies, which are for all time put on your PC to store non-individual (Browser, ISP, OS, Clickstream data and so on) and profiling data (age, sex, pay and so on). While cookies have special distinguishing proof numbers, individual data (name, a/c no, contact nos. and so on) SHALL NOT be put away on the cookies.

MySuvidha Finance may similarly need to share your very own data wherever it is required to be disclosed under law to any of the Governmental/Statutory Agency or Regulatory bodies. MySuvidha Finance should use the Information to upgrade your experience on the site and make the following offers to you on items which may bear some significance with you.

The site uses cookies. Cookies are little data documents that a site stores on your PC. We use, steady cookies, which are forever installed on your PC to store non-individual (Browser, ISP, OS, Clickstream information, etc) and profiling information (age, sex, pay, etc.). While cookies have extraordinary, distinctive proof numbers, individual data (name, a/c no, contact nos. etc.) shall not be secured on the cookies.

At MySuvidha Finance, we regard your relationship and will always attempt to ensure your protection.

We will use the data stored in the cookies to upgrade guest encounter through throwing essential substance where possible. We will similarly use the cookies to store visitor inclinations to ease the visitor route on the site.

I concur that the online request, for the disbursal of the loan facility, is liable to pertinent rules and guidelines (as amended up to date, from time to time) of the respective authorities, the present policies of MySuvidha Finance and some other appropriate laws of land.

I agree that MySuvidha Finance, before disbursal of the credit office, will complete a due constancy, as required under the terms and conditions of the Loan Agreement and other statutory and administrative necessities.

I agree that after the disbursal, in consistence with the enduring regulatory standards and terms of the Loan Agreement, I will exhibit the past disbursal receipts and other pertinent reports at intermittent between times, as may be required and suggested by MySuvidha Finance.

I concur that, under ordinary circumstances, Suvidha Finance has the freedom to revoke my disbursal request, whenever, if:

  • 1. There is any default occurred due to the Loan Agreement as for my loan account.
  • 2. There is any deferral in the processing of online solicitation.
  • 3. There is any mismatch in the details mentioned in the online disbursal form.
  • 4. There is an infringement of any of the terms of the Loan Agreement by any borrower.

I agree that MySuvidha Finance may, at its sole caution, change any of the organizations/offices given in the disbursal workplaces either totally or halfway at whatever point or potentially call upon me/us to visit the branch and place of demand by hand.

I agree that any change in my record status or changes of location will be quickly educated to MySuvidha Finance crashing which I should to be accountable for any non-receipt of correspondence/desires or the equivalent being conveyed at my given location.

I agree that all rules relating to my disbursal will be issued to MySuvidha Finance as per commendable method for correspondence, for instance, by Courier/RPAD/email to MySuvidha Finance.

I agree to secure the request note, installment receipts and other pertinent documents precisely. In the event that there ought to be an event of incident/theft of a comparable I may rapidly advice MySuvidha Finance in creating and may fit in with vital legitimate conventions as indicated by the arrangements of law.

I agree that I should keep up and keep my credit account standard and up to date as indicated by the terms of the Loan Agreement and other relevant norms as embraced by MySuvidha Finance from time to time.

I agree that I may be liable to pay all charges, expenses, intrigue, costs wherever suitable, which MySuvidha Finance may require concerning my disbursal request and the equivalent may be recovered by MySuvidha Finance as a component of my loan entirety.

I agree that I ought not pay any sum in genuine cash to just as a check/Demand Draft/Pay Order, for any workers and also Sales Representative of MySuvidha Finance whenever of time or possibly in the period of handling of my disbursal request or doing any related exchanges.

I consent to execute essential compositions in the shape and way, as may be required by MySuvidha Finance, with a particular end objective to execute my online demand for disbursal.

I agree that MySuvidha Finance will send me correspondences/letters, etc. through dispatch/errand individual/email or through some other mode at its carefulness and MySuvidha Finance ought not be subject for any delay developing therefrom. I agree that MySuvidha Finance probably won't be obligated for any outcomes arising out of non-compliance by MySuvidha Finance of my guidelines on account of any conflicting/deficient/inadequate data in the online disbursal ask for shape or because of any default in my development record. I agree that continuous disrespect of cheques or other repayment instruments due to inadequate funds in my ledger may prompt halting of disbursal.

I agree that in the event of any disbursal, being over-administered, by then MySuvidha Finance keeps up all expert to set off this over dispensed whole in the accompanying disbursal of the acknowledge office as well as call upon for rebate of such additional sum from me/us and I ought to restore the said total instantly with no dissent and debate.

I agree that MySuvidha Finance ought not be subject for any damages, misfortunes (immediate or underhanded) at all, on account of disturbance or non accessibility of any of services/offices in light of technical fault/botch or any failure in media transmission arrange or any blunder in any product or gear system or any unapproved access by any outsider beyond the control of MySuvidha Finance.

I agree that MySuvidha Finance may uncover, in strict confidence, to various establishments, such Personal Information as may be reasonably fundamental for reasons far-reaching of:

  • 1. For investment in any telecommunication or electronic clearing network.
  • 2. Inconsistency with a legitimate directive.
  • 3. For credit rating from recognized credit assessment company.
  • 4. For fraud prevention purposes.
  • 5. To credit data bureaus.

I offer consent to MySuvidha Finance to update my Aadhaar number in its records, basic data gotten by it through any outside source/associations, including government workplaces. I moreover offer to consent to MySuvidha Finance to uncover my Aadhaar number, and furthermore other related data, not restricted to the connected Loan Account Number, to outer institution(s) just as authoritative body/bodies and also statutory body/bodies or potentially some other expert/s or possibly vendor/s contractors with whom MySuvidha Finance enters, or has gone into any course of action, regarding giving of organizations/items.

Further, I concur that MySuvidha Finance may utilize Aadhaar based exchange or possibly affirmation instrument/system, either through biometric infers or some different methods esteemed fitting by MySuvidha Finance, as relevant and possible.

I offer to consent to MySuvidha Finance to disclose data gave in the Online Disbursal Request Form with the ultimate objective of strategically pitching by MySuvidha Finance and some other promoting expert/s and also authoritative workers with whom MySuvidha Finance enters, or has gone into any course of action, regarding giving of administrations/items, including without restriction, deliberately pitching of various monetary products.

Contact Form

One Stop Solution For Your Home Loan-suvidha