Do you need funds to construct or purchase a house or expand your business? Are you stuck in a situation, where you need a small loan to fund any personal requirement like marriage in family or children’s higher education?
Aavas brings you ‘STS (Small Ticket Size) Loan’ which is your one-stop solution to fulfil small financial needs upto Rs. 7.5 Lacs.
STS Loans are extended for small amounts with short tenure which are secured against self-occupied residential or commercial property and are categorised as per the end use of the loan availed:
Nonetheless, purchasing a home needs a lot of research and planning like your preferred location and the selection of the best financial institutions that not only give you a best-interest home loan but also provides customised home loans as per your requirement. Aavas Financiers Ltd. is one of those best home loan financial institutions that provide an affordable housing loan. Besides that, it also offers a number of other benefits like speedy approval, easy process, flexible long tenure, competitive interest rates, easy EMI along with minimum paperwork, and fast online services.
STS Home Loans can be availed for House Construction, House Purchase, Repair & Renovation, Home Extension, and for the balance transfer of existing Home Loan and can have a tenure up to 12 years.
STS Secured Loans can be availed for business expansion, working capital, capital expenditure, for education/marriage or any other personal use such as repaying market debt. This can also be availed as balance transfer of existing loans taken for business purposes and have a tenure up to 7 years.
The primary objective of offering STS Loans is to propel the social and economic development of society.
Features of STS Loans
Your PAN Card is mandatory, and any one of these:
For the complete list of acceptable KYC documents, please contact the nearest Aavas branch.