Capri Global Capital Limited (CGCL) is a well-known Indian financial services company that provides a variety of loan products aimed at individuals and businesses. It is especially known for its focus on catering to small and medium-sized enterprises (SMEs), micro, small, and medium enterprises (MSMEs), and the affordable housing segment. Capri Loans offers various lending options, including home loans, business loans, and loans against property.
Key Loan Offerings by Capri Loans
- Business Loans
- Target Segment: MSMEs and SMEs
- Loan Amount: Up to ₹1 crore
- Interest Rate: Competitive rates starting around 16-18% per annum (varies by loan type and borrower profile)
- Tenure: Up to 60 months
- Features: No collateral required for specific loan amounts, quick disbursement, flexible repayment options.
- Home Loans
- Target Segment: Individuals and families looking for affordable housing
- Loan Amount: Ranges from ₹2 lakh to ₹40 lakh
- Interest Rate: Starts from 9.75% per annum (subject to change based on market conditions)
- Tenure: Up to 25 years
- Features: Easy documentation process, loans for the salaried and self-employed, and attractive interest rates for affordable housing.
- Loans Against Property (LAP)
- Target Segment: Business owners, professionals, and individuals
- Loan Amount: Up to ₹5 crore depending on property value
- Interest Rate: Starts from 12% per annum
- Tenure: Up to 15 years
- Features: High loan-to-value ratio, flexible repayment terms, minimal documentation.
- Construction Finance
- Target Segment: Real estate developers
- Loan Amount: Based on project requirements
- Interest Rate: Varies depending on project size, borrower’s credibility, and market trends
- Tenure: Flexible tenures based on the project life cycle
- Features: Tailor-made loan structures for large construction projects, hassle-free approval, and ongoing project monitoring.
Why Choose Capri Loans?
- Fast and Hassle-Free Loan Processing: Capri Loans ensures quick approvals and minimal paperwork, making it easier for borrowers to access funds when needed.
- Tailored Solutions for MSMEs and Affordable Housing: Capri focuses on providing solutions for niche segments such as MSMEs and affordable housing, offering competitive rates and flexible options.
- Flexible Repayment Options: Borrowers can choose repayment schedules that suit their financial situation, reducing the burden of repayment.
- Strong Customer Support: Capri Loans offers comprehensive customer service with quick grievance redressal, making it easier for clients to manage their loans.
How to Apply for a Capri Loan?
- Eligibility Check:
- For home loans, individuals need to have a steady income, either as salaried professionals or self-employed.
- For business loans, Capri assesses the company’s financial stability, turnover, and business potential.
- Documentation: Basic KYC documents, income proof, property papers (for secured loans), and business-related documents for SMEs are required.
- Loan Application: Applicants can apply through Capri Loans’ website or visit the nearest branch. A representative will help you with the loan process, guiding you through the documentation and approval steps.
- Approval and Disbursement: Once the application and documents are reviewed, loans are disbursed quickly based on eligibility.
Conclusion
Capri Loans is an ideal financial partner for those seeking affordable loans, especially in the MSME, affordable housing, and property loan sectors. With flexible terms, competitive rates, and quick processing, it stands out as a strong lender for individuals and businesses alike.
