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Apply For Cash Salaried Plus in Bahadurgarh

Cash Salaried Plus is a specialized financial solution offered by Aavas Financiers, designed to support individuals without formal income documents in achieving their dream of owning a home.

Apply For Cash Salaried Plus

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Cash Salaried Plus

In light of the surging housing prices, ensuring a basic standard of living in your own home has become a significant concern in the current situation. Having a place to call “Home” is a fundamental necessity for every individual on Earth. Unfortunately, many people are unable to fulfill this need due to the lack of stable employment and income. If you are employed and receive a salary but lack formal income documents and find yourself in need of funds for your home loan requirements, worry not! Loanleap has created a tailored solution specifically for individuals in your situation. Cash Salaried Plus is designed to assist individuals like you in obtaining the financial support necessary for purchasing, constructing, or transferring the balance for your house. Even if you don’t have formal income documentation, our Cash Salaried Plus product offers you the opportunity to fulfill your dream of owning a home. Whether you work in the informal sector or receive your monthly salary in cash, you can easily apply for a Home Loan from Loanleap.

Benefits of Cash Salaried Plus

Home loan benefits are numerous, making them an attractive option for aspiring homeowners. Here are some key advantages.

Financial Inclusion

Cash Salaried Plus allows individuals without formal income documents to access home loans, promoting financial inclusion and making homeownership more attainable.

Empowering the Unbanked

This product empowers those working in the informal sector or receiving cash salaries by offering them the opportunity to realize their homeownership dreams.

Housing Market Access

By bridging the gap for those without formal income records, Cash Salaried Plus contributes to a more inclusive housing market and supports economic growth.

Fulfilling Aspirations

This product helps individuals realize their aspiration of owning a home, contributing to their overall financial well-being and security.

Documents Required for Home Loan

Identity Proof

Your PAN Card is mandatory, and any one of these:
• Passport
• Voter ID
• Aadhar Card
• Driving License

Address Proof

• Passport
• Voter ID
• Aadhar Card
• Electricity bill/ water bill/ telephone bill
• Driving License

Proof of Income

• Salary Slips/Bank Statement/Form 16
• Salary Certificate

Other Documents

• Signed Application Form with Picture
• Cheque For Processing Fee
• Bank Statement of Last 6 Months

Property Documents

• Title Deeds of the Property
• Proof of No Encumbrances on the property

Identity Proof

Your PAN Card is mandatory, and any one of these:
• Passport
• Voter ID
• Aadhar Card
• Driving License

Address Proof

• Passport
• Voter ID
• Aadhar Card
• Electricity bill/ water bill/ telephone bill
• Driving License

Proof of Income

• IT Returns and/or Financial Statements of last 3 years And/or
• Informal Income Documents

Other Documents

• Signed Application Form with Picture
• Cheque For Processing Fee
• Bank Statement of Last 6 Months
• Proof of business existence

Property Documents

• Title Deeds of the Property
• Proof of No Encumbrances on the property

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Frequently Asked Questions

Cash Salaried Plus is a financial service that offers employees the convenience of receiving their salaries in cash, eliminating the need for physical paychecks or bank transfers. It allows employers to disburse salaries in cash directly to their employees.
Employers sign up for Cash Salaried Plus and provide the necessary details about their employees. On payday, the designated amount is prepared in cash and handed over to the employer. The employer then distributes this cash to their employees based on the agreed-upon salary structure.
Cash Salaried Plus offers a hassle-free solution for employers who want to avoid the complexities of bank transfers or issuing physical checks. It is particularly beneficial for businesses operating in areas with limited banking access. Additionally, it saves time and reduces administrative costs associated with payroll processing.
Security is a top priority for Cash Salaried Plus. The service employs strict security measures to ensure the safe handling and delivery of cash to employers. Employers are responsible for the secure distribution of salaries to their employees. It is essential to follow best practices for handling cash to minimize any security risks.
Yes, Cash Salaried Plus is designed to cater to businesses of various sizes and industries. Whether you run a small local business or a large corporation, this service can be customized to meet your specific payroll needs.
Cash Salaried Plus focuses solely on cash disbursement. However, individual arrangements between employers and employees might allow for alternative payment methods if both parties agree on the terms.