SALS NOVA CORP · Loan Services
Complete Loan Services
Complete Loan Services
for Individuals & Businesses
Personal, Business, Home, LAP, Car (New & Used), Instant, Micro and Government Scheme loans – everything in one place with expert guidance.
98% approval success rate
Approvals in 24–48 hours*
*Approval time depends on bank policy, profile and completeness of documentation.
Loan Desk Overview
SALS NOVA CORP – End-to-End Loan Support
Loan Types
10+
Max Amount
₹5Cr+
Tenure
6m – 30y
Clients
5000+
SN
Dedicated Loan Specialists
Product selection, eligibility, documentation and bank co-ordination handled for you.
All Loan Services on One Page
This page gives you a complete overview of all loan services offered by SALS NOVA CORP. Each section below covers one loan type in detail – purpose, amount range, tenure, basic eligibility and key documents.
Use this as a clear explainer when talking to your clients. If you are not sure which loan is best, simply connect with us and our experts will recommend the right option.
Typical loan ticket sizes we handle:
- Personal Loans: ₹50,000 – ₹25,00,000*
- Business Loans: Up to ₹50,00,000*
- Home Loans: Up to ₹5,00,00,000*
- LAP & high-ticket secured loans: profile & property based
*All values are indicative. Actual eligibility and offers are decided by the respective bank / NBFC.
Ask for a Loan AssessmentPersonal Loan (PL)
Unsecured Loan for Personal Needs
Ideal for marriage, medical, travel, renovation and other personal expenses.
Typical Uses
- Wedding and family functions
- Medical emergencies and hospital bills
- Travel and holidays
- Home improvement and interiors
- Consolidation of credit card / high-interest loans
Basic Eligibility
- Salaried or self-employed individuals
- Minimum age usually 21+ years
- Stable income and employment / business track
- Reasonable credit score (CIBIL)
- Clean repayment history preferred
Key Highlights
- No collateral / security required
- Fixed monthly EMI
- Quick processing and disbursal
Indicative Documents
- PAN Card & Aadhaar Card
- Address proof (utility bill / rental agreement, etc.)
- Last 3 months salary slips (for salaried)
- Last 6 months bank statement
- Company ID / employment proof
Business Loan (BL)
Finance for Working Capital & Expansion
For small and medium businesses, traders, manufacturers and service providers.
Typical Uses
- Working capital and stock purchase
- Shop / office renovation and interiors
- New machinery and equipment
- Opening a new branch or unit
- Vendor payments and cash flow support
Basic Eligibility
- Proprietorship, Partnership, LLP, Pvt Ltd, etc.
- Business vintage typically 1–3 years or more
- Turnover and banking strength as per policy
- Positive cash flows preferred
Key Highlights
- Term loan and OD/CC options
- Flexible repayment structures
- Unsecured and secured variants (product-wise)
Indicative Documents
- KYC of owners / partners / directors
- Business registration and GST certificate
- Last 6–12 months current account statement
- Last 2–3 years ITR & financials (where required)
- Existing loan statements (if any)
Home Loan (HL)
Long-term Finance for Your Dream Home
For flats, independent houses, plots with construction and home improvement.
Typical Uses
- Purchase of ready-to-move or under-construction flat
- Purchase of independent house
- Plot purchase with construction
- Home renovation / extension
- Balance transfer and top-up on existing home loan
Basic Eligibility
- Salaried or self-employed applicants
- Stable income and repayment capacity
- Clean property documents and approvals
- Co-applicants allowed as per policy
Key Highlights
- Among the lowest interest rates in retail loans
- Long tenure for comfortable EMI
- Part-payment and foreclosure options (bank-specific)
Indicative Documents
- KYC of applicant and co-applicant
- Income documents – salary slips / ITR / bank statements
- Property papers – sale deed, patta, EC, tax receipts
- Builder agreement / construction estimate (if applicable)
Loan Against Property (LAP)
High Ticket Funding Using Your Property
Suitable for large business or personal requirements backed by property.
Typical Uses
- Business expansion and large working capital needs
- Big-ticket personal requirements (education abroad, etc.)
- Consolidation of multiple high-cost loans
- Project funding backed by property collateral
Eligible Properties
- Residential property – self-occupied or rented
- Commercial property – office, shop, commercial units
- Clear title and complete documentation required
Key Highlights
- Higher loan amounts compared to personal loans
- Medium to long tenure as per policy
- Top-up and takeover options available with many lenders
Indicative Documents
- All property title and link documents
- Latest EC, tax receipts, approvals
- Income documents – ITR / salary slips / bank statements
- Existing loan track, if already mortgaged
Car & Vehicle Loan
New & Used Vehicle Finance
For cars, two-wheelers and commercial vehicles – both new and used.
Types of Vehicle Loans
- New car loans
- Used / pre-owned car loans
- Commercial vehicle finance
- Two-wheeler loans
Typical Uses
- Personal vehicles
- Fleet for business and transport
Loan Structure
- New car funding: up to 90–100% of on-road value*
- Used car funding: based on valuation and model age
- Typical tenure: 1 – 7 years (lender-wise)
- Vehicle hypothecation in favour of lender
Indicative Documents
- KYC – PAN, Aadhaar, address proof
- Income proof – salary slips, ITR, bank statements
- Quotation / proforma invoice (new vehicle)
- RC, insurance and valuation report (used vehicle)
Instant / Short-term Loan
Quick Cash for Immediate Needs
Small ticket size with shorter tenure for urgent requirements.
Typical Uses
- Immediate medical expenses
- Short-term cash gap
- Small business stock or purchase
- Payment of urgent bills or dues
Key Highlights
- Small amount, short tenure
- Mostly unsecured
- Quick processing where available
- EMI or bullet repayment depending on product
Indicative Documents
- KYC – PAN and Aadhaar
- Bank statements
- Basic income proof (salary / business)
Micro & Small Business Loan
Finance for Small Shops & Local Businesses
Designed for kirana stores, traders, small manufacturers and service units.
Typical Uses
- Buying inventory / stock
- Shop renovation and fixtures
- Small machinery or equipment
- Short-term working capital
Eligibility Snapshot
- Registered or recognised small business
- Regular sales and basic turnover
- Consistent bank transactions
- Basic documentation available
Highlights
- Simple assessment based on bank statement and turnover
- Flexible EMI and repayment options
Indicative Documents
- KYC of proprietor / partners
- Business registration / license (if applicable)
- Bank statements (current / main account)
- Basic income proof / ITR where required
Government Scheme Loans
Mudra, PMEGP & Other Subsidy Schemes
Government-backed schemes for micro and small enterprises.
Mudra Loan
- For micro and small businesses
- Different categories (Shishu / Kishor / Tarun)
- Loan amount typically up to ₹10,00,000*
- Suitable for traders, shop owners, service providers
PMEGP & Other Schemes
- Prime Minister’s Employment Generation Programme (PMEGP)
- Manufacturing and service projects
- Subsidy and margin money as per guidelines
- Sector-specific and category-specific schemes
Support & Documents
- Applicant and business KYC
- Project report and cost estimates
- Quotations, licenses and approvals (scheme-wise)
- We assist with end-to-end application and bank co-ordination
*All government schemes are subject to current policy, eligibility norms and availability as per official guidelines and bank / implementing agency rules.
Quick Comparison
Which Loan Is Right for You?
This simple comparison table helps you quickly understand which loan type may be suitable for different situations. For an accurate recommendation, our advisors will review your complete profile and goals.
| Loan Type | Best For | Approx. Amount Range* | Typical Tenure* | Security |
|---|---|---|---|---|
| Personal Loan | Personal expenses, emergencies, travel, small consolidation | ₹50K – ₹25L | 1 – 6 years | Unsecured |
| Business Loan | Working capital, expansion, stock, equipment | ₹1L – ₹50L (profile-based) | 1 – 7 years | Unsecured / secured (product-wise) |
| Home Loan | Buying / constructing a house or flat | ₹10L – ₹5Cr+ | 10 – 30 years | Secured by property |
| LAP | Large personal or business needs | High ticket (value-based) | 5 – 15 years | Secured by property |
| Car / Vehicle Loan | New or used vehicles (personal or commercial) | Vehicle cost based | 1 – 7 years | Secured by vehicle |
| Instant / Short-term | Urgent, short-term cash needs | Small ticket | 3 – 18 months | Mostly unsecured |
| Micro & Small Business | Small shops and local businesses | Turnover-based | 1 – 5 years | Unsecured / light security |
| Government Schemes | Eligible micro / small enterprises | Scheme specific | Scheme specific | As per scheme rules |
*All figures are indicative. Final amount, tenure, interest rate and charges depend on the respective bank / NBFC, product type, customer profile, credit score, income, property details and documentation.