Home   >>    Articles   >>    Historical Queries   >>     Personal Loan   >>    21391-m-sme-properiotor-annual-turn-crore-net-profit
Get Personal Loan Offers
A maximum of 5 providers will compete to give you the best rates (Oct 2020)

 

 

 

 

 

 

 

 

 

 

I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use




Search Queries related to...

Did not get what you were looking for? Ask an Expert


Ask An Expert

Date : Mar 28, 2009

Question

sir ,i m a sme properiotor, my annual turn over is 1 crore and net profit 18 lakhs, i have several personal loans from several banks worth 45 lakhs and i have an excellent track record in last 10 years.now my basic problem is my business is in a very good condition and there is lot of space for expansion.previously i use to top up every loan at the end of fin ancial year , in that case only the intrest part was paid and the principal was returned to me and every thing was fine.now i m payin g emi of 1.7 lakhs per month out of which 70 thousand is intrest and balance is principal.sir is there any way from which the principal part is not bounded to paid upto 5 years? after 5 years i can pay principal easily without disturbing my business as my lic policies worth 50 lakhs will be matured that time,please show me a path.i am from a middleclass family and only due to financial help i got from these banks in last 10 years ,today i m an sme proprietor and i m able to generate employment for 20 persons.my total n.a.v is 2 crores

Answer

There is no option of paying your principal component after 5 years. You can instead take a consolidated loan where mone loan will take care of all your loans and you will have to pay only one EMI to one single lender. You can get a consolidated loan based on your income and repayment track record. You can approach any bank for a consolidated loan.

 

 

26541

Hi Harsh, I have taken a personal Loan of 3Lac and i have been paying the EMI regularly(Appx 14

25761

Hi : Till march 2009 I was working with a repute MNC in Mumbai with a net take home as 1.00 Lac

24941

if i have a home loan then also can i get a top up on my personal loan

24457

i have a bad credit and i need a personal loan for marriage . please advice what should i do .

24444

Hi Harsh, My name is Shailesh from hyderabad and i have to pay citi bank 12000 rupees and i ha

24438

sir, i have a salaried a/c in sbi and taken personal loan of Rs.2.5 lakhs on 29th August 2008 @

24382

good afternoon sir, sir i need a personal loan of 2lacs.what should i do for that? pls do reply

24367

i am in need of personal loan of 1 lakh rupees which can be repaid within 6 months. Could you p

24354

sir, i have taken a personal loan from HDFC Bank in jan-2009 with repayment in 36 months.can i

24351

i have applied for a car loan i come to understanti have default in payment in my personal loan

24343

i heard that hdfc bank is going to give loan with out interest up to 50,000. is it true? if so

24333

i have outstanding on my credit cards for which iam paying monthly 30 to 35 thousand iam thinki

24322

I am salaeried person get 12000p.m.I need 400000. what is the procedure to take loan from Natio

24308

From which bank i should take a personal loan with lower rate of interest ?

24305

i want to know my cibil record in personal loans, my name sunil mishara, dob 20-08-1982

24297

Sir, With due respect I would like to ask you that my net take home salary per month is Rs.171

24289

I am looking for personal loan of Rs. 100000/- rate of intrest must be 14% to 17% only.

24268

how can i get personal loan.

24233

My monthly salary is 7500 only i am working presently in WIPRO TECHNOLOGIES from past Six Month

24216

I have need personal loan amount 8 lac but I am not working job so please help me.

24212

I am working in private sector, I want to personal loan Rs. 50000/-, My monthly salary 7200/-.

24211

I have a bad credit history in the bank account that is one ECS return and one check return in

24197

Respected sir, I have invested RS8000 in UTI wealth builder fund.I need Rs 100000 loan.I am wor

24190

I am a salaried person with net salary 19000 p.m. staying at Mumbai. I am employed with company

24187

Hello Sir, I have some personal Loans, i have been paying all my EMI's in time since last 3 ye

24181

I WANT GET RS 20000 AS PERSONAL LOAN SO WHAT CAN I DO

24171

maximum possible personal loan

24130

I would like to inform you that, i would be taking personal loan, hence suggest me whether to t

24104

On this site the interest rate range for the personal loan from HDFC bank is 16.0 - 16.5 %. But

24075

Sir m 20yrs old m working inovt limited company for the salary of 6000pm but i need loan of 200