Guarantor Of Global Bank Finance

 

Global Bank Finance believes in fair and honest deal. The company have an structure that works by following  regulation settled  under constitution and Ministry of Finance as per mentioned. One of the most important factor in the case of loan is “Guarantor”. The physical and formal existence of  a Guarantor in the Loan issuing Deal remains in favor of both client and company. For the application of a loan, The detail of Guarantor are as follows-

Type of Guarantor

  • Govt Guarantor
  • Private Limited Guarantor
  • Property Guarantor

Required Guarantors(Government/ Private/ Property)

S.N

Amount of Loan

No. of Guarantors Required

1

1 Lakh to 5 Lakhs

One

2

5 Lakh to10 Lakhs

Two

3

10 Lakh to 25 Lakhs

Three

4

25 Lakh to 50 Lakhs

Four

5

50 Lakh to 1 Crore

Five

Documents of Guarantors Required

  • 5  Recent photographs
  • Address Proof
  • I.D. Proof
  • Processing Fee (according to amount of loan)
  • Rate of interest (R.O.I.) 5% p.a.
  • E.M.I.(according to tenure and  amount of loan)

Only in case of Government guarantor a Pvt. Ltd

  • 2 Month pay Slip/ Bank Passbook Photocopy
  • H.O.D & Salary On charge Signature along with His/ Her Stamp on Official Undertaking Bond Page No. X2 is compulsory.
  • Six Stamp Paper of Rs. 50/-in favor of guarantor. With name, Addreesss, Farther name and City whith PIN No.(These must have signature & thumb impression and public notary)
  • One photograph of each family memebre (Above 18 Years)(Only in case of private limited guarantor)

Only in case of Property Guarantor

  • Stamp Paper RS.50/- in favor of guarantor. With name, Address, Farther name and City with PIN No
  • Bond paper (Stamp Duty) Registry for Sub Register and Tehsildar.
  • Undertaking Bond Papers (All Stamp Papers) Verified by Tehsildar
  • Search Report Compulsory according to the times for Receiving the Stamp Papers

(Above mentioned Terms and Conditions may charge from time to time as per firm/company policy without any prior notice)