Understanding how important the location of a warehouse is for easy storage, transportation and connectivity, Protech has come up with its strategically located warehouse at Changsari. The warehouse comprises one of the best-in-class facilities. What’s more, its location advantage makes it one of the most commercially viable storage facilities. It is just 4.5 km from Changsari railway station and well connected with the main road. In this article, we will discuss how a warehouse plays a core role in any business dealing in physical goods and what facilities the Changsari warehouse provide which makes it a superb option for companies who are looking for built-to-suit storage space.
Role warehouses play in supply-chain
Be it the fast delivery rates when you shop anything online or the booming businesses of e-commerce giants, successful warehousing has been at the root of satisfaction and success at both ends of the supply chain i.e. the consumers and the suppliers. In today’s technologically fast-paced world and cut-throat competition in terms of business and consumer satisfaction, supply chains are being restructured to fulfil demands faster than ever before, with warehousing logistics playing a direct role in turning that vision into reality.
The flowchart of the transport of finished goods through a supply chain involves shipping of the goods from the manufacturer to a warehouse where they are stored in proper storage conditions until their distribution to the consumer. To ensure proper storage and efficient movement, warehouses must be equipped with world-class amenities. Selection of the correct warehousing solution can help in meeting customer demand and drive efficiencies with a more economic outlook.
What makes Changsari Warehouse a great storage space for goods
Protech Group, being a pioneer and revolutionary real estate developer in Assam has brought forth a solution to keep warehousing woes at bay. The Protech warehouse Changsari is 17.76 km from Maligaon Railway Station, 28.28 km from Inter State Bus Terminal (ISBT) and 33. 91 km from Guwahati International airport, making it an extremely convenient location amidst the heart of Guwahati city providing a warehousing solution to all businesses of the state.
The storehouse comes with world-class facilities like VDF flooring to increase tensile strength and abrasion resistance for bearing heavy machinery. It has a high land to warehouse ratio for ample open space for loading/unloading of goods and also adequate parking space for drivers and facilities for their refreshment. Changsari warehouse comes with regular security arrangement with personnel and 24*7 CCTV coverage and comes with the latest fire-fighting extinguishers, sensors and water sprinklers for efficient safeguarding against any accidental or humanly hazardous incident. The warehouse by Protech group makes use of international standard construction using world-class materials with no compromise on quality. Protech Group uses high-grade insulation material in the walls and separators, and ventilation for temperature control to ensure efficient temperature handling which plays a prominent role in the long-term storage of goods.
The correct choice of a warehouse is imperative to promote, improve, and ensure operational excellence and the Protech group, with 15 Years of experience, leaves no stone unturned in providing an experience that you won’t regret. A little trust in yourself and Protech group could help you realise your dreams of expanding your business without burning a hole in your pocket.
Loan eligibility depends primarily on income, in case a borrower doesn’t know about the particular standards that go into calculating that eligibility. If the applicant could not meet the eligibility criteria may prompt refusal of the loan application, leaving a negative imprint on the person’s credit profile.
If a person applying for a loan requires a clear idea of the parameters that are considered, they can seek help from the nearest bank or can visit their website to check. The loan lender will inspect the applicant’s income documents, credit history, CIBIL score, age, and related parameters.
Below are the 5 major parameters that determine the eligibility criteria of the borrower to avail a home loan:
1) Age
2) Income
3) Cibil Score
4) Service period
5) Occupation Type
Home loan eligibility based on age
Age is one of the most prominent determining factors when it comes to loan tenure. The maximum tenure that you can benefit is 20 years.
You will be able to avail of a longer repayment tenor if you are of a lower age. You can also avail of a home loan of higher value provided you have a high income.
You will have the option to benefit a longer repayment period in case you are younger. You can likewise benefit a home credit of higher worth gave you have high pay.
Salaried applicants have to be between the ages of 23 and 62 years to apply for a home loan. Self-employed applicants have to be within the age bracket of 25 and 70 years to avail one.
The table below explains the maximum tenure a person is eligible for based on their age:
Age
Salaried applicants – Maximum tenure
Self-employed applicants – Maximum tenure
25 Years
30 years
30 years
30 Years
30 years
30 years
35 Years
30 years
30 years
40 Years
30 years
30 years
45 Years
25 years
25 years
45 Years
20 years
20 years
Home loan eligibility based on income
Another parameter that determines the eligibility criteria of how much loan an individual can avail is the income (in-hand salary). Income is important as it assists in calculating a borrower’s repayment potential.
An individual’s salary will decide the credit sum you are qualified for. Banks will consider your in-hand salary, minus a few general deductions, for example, PF, ESI, gratuity, etc. The in-hand income will decide the EMI sum you can manage the cost of and consequently the total amount of loan one will get.
For example, if the in-hand monthly salary is Rs. 25,000, an applicant can borrow as much as Rs.18.65 Lakh as a loan to buy or build a home worth Rs. 40 Lakh (if there are no current monetary commitments.) But in case the monthly in-hand income is Rs. 50,000, you can get Rs. 37.28 Lakh for the same property. Similarly, if the take-home is Rs. 75,000 an applicant can increase the loan amount to Rs. 55.93 Lakh.
Age
Net monthly income (in Rs.)
25,000
50,000
75,000
25 Years
18.64 Lakh
37.28 Lakh
55.93 Lakh
30 Years
18.64 Lakh
37.28 Lakh
55.93 Lakh
35 Years
18.64 Lakh
37.28 Lakh
55.93 Lakh
40 Years
18.64 Lakh
37.28 Lakh
55.93 Lakh
45 Years
18.64 Lakh
37.28 Lakh
55.93 Lakh
50 Years
18.64 Lakh
37.28 Lakh
55.93 Lakh
Home loan based on Cibil Score
What CIBIL Score?
A CIBIL score is a three-digit number sum up of a borrower’s complete loan history. The value of a credit score is normally between 300- 900. The loan applicant’s CIBIL score is prepared based on their credit history. This comprises all verified as well as unbound loans and whatever other obligations that you may have or had.
It is good to always know one’s CIBIL or credit score before applying for a loan. One can get their credit report from CIBIL by paying a nominal fee. A credit report will consist of the below records:
credit benefited by the borrower
repaying loans and credit card bills
delayed payments or failure on past credit held by you
credit cards and loans that you currently hold
fresh information about loan and credit card applications submitted by the borrower
Higher the CIBIL score, the greater the chances to get a loan. A higher CIBIL score means that the individual is financially sound and has reimbursed each commitment on time. But, a lower score doesn’t really imply that the individual has not paid his/her duty on time. A new borrower may have even a zero CIBIL rating. The base CIBIL score for home loan approval is 750. Moneylenders look at the CIBIL score to decide if a person is eligible for a home credit. They inspect credit inquiry to check the same. Apart from that, a few banks may offer a home loan against a lower rating since these credits are secure.
Home loan based on Service period
The service period plays an important role in determining the eligibility for a home loan. Service period clarifies the stability of a borrower besides, in determining the capability of loan repayment.
A bank will not give loan to a person who has just started working or is under probation period. The bank will also not provide a home loan to a person who is working on a contractual basis.
Moreover, the service period to be served will be also looked upon while determining eligibility for a home loan. If a person is already in his or her 50s or 55+ and let’s say, the loan tenure is for the next 20 years. In such cases also, the possibility of getting a home loan is less to no.
Example: A person goes for a home loan of Rs. 15, 00,000 over a period of 20 years. Let’s say, the building will be completed in 3 years, during which this person thinks to pay pre-EMI. Following the completion of these 3 years and the pre-EMI payment termination, the EMI reimbursement period begins. Subsequently, the total loan tenure would be 3 years (pre-EMI period) + 20 years (loan tenure) = 23 years.
Thus, a salaried individual should have at least two years of work experience, and not more than 50 years of age in order to be eligible for a home loan. In the case of self-employed individuals, the business should run for at least 3 years.
Home loan based on Occupation type
Another important parameter to be eligible for a home loan is the occupation type. A person working in any organization must be working on a permanent post not on a project or contract basis to get a home loan.
Moreover, banks give preferences based on the type of organizations an applicant works. For example, if a salaried person is working in Navaratna companies like ONGC and OIL or in MNCs like HP, Infosys, etc. eligibility to get a home loan is more in such cases.
A warehouse is the heart of logistics. The key to a successful business is an effective and functional warehouse. Protech warehouse helps businesses that are into manufacturing, export, and import, transporting goods, etc. for safekeeping of their equipment and other perishable goods.
Let’s discuss the 6 important features of Protech warehouse one by one to understand why one should opt for Protech warehouse.
Location
Ample space
Secured facility
Fire protection
High-quality construction
Temperature control
Location
The location of your warehouse directly contributes to the efficiency of your company as well as the overall customer experience. Choosing a warehouse location is based on 3 prominent points – man, material, and cost. Protech makes sure to provide you with built-to-suit warehouses in the desired locations.
Ample Space
Protech offers ready-to-build warehouses with ample space to store equipment and perishable materials in a safe environment. Our warehouses can be given on lease to manufacturers, importers, exporters, wholesalers, etc.
Secured facility
We make sure that the warehouse space Protech Group leases to its clients is monitored by round the clock security personnel and 27/7 CCTV coverage to avoid any type of risk or theft.
Fire protection
Fire safety in any warehouse is the most challenging part, because, usually these kinds of big buildings have high fire and electricity load.
Protech takes the responsibility to safeguard the client’s goods from accidental fire hazards. Protech warehouse in Bongora is installed with the latest fire-fighting extinguishers, sensors, and water sprinklers.
High-quality construction
Protech warehouse infrastructure has been built as per international standards with high-quality materials like including VDF flooring to withstand heavy goods.
Temperature control
The equipment or products like medical and pharmaceutical supplies must be stored in a controlled temperature. Therefore, to assure right temperature for better quality control of equipment, Protech warehouse use high-quality material in the walls and separators for better insulation and ventilation for temperature control.
Conclusion
Besides meeting the needs of the customers, a warehouse helps businesses earn higher revenue. So, if you are running any type of business – merchandise, packing, moving, shifting, etc. and need a warehouse. Look no further, the Protech warehouse will provide you with the necessary facilities.
We have an existing and very well functioning Protech warehouse Bongara and are also happy to announce that there is a new warehouse coming up very soon.
