Loans, Insurance & Recruitment Consultancy Services
Solutions for a Smarter Future.
Loans, Insurance & Recruitment Consultancy Services
Solutions for a Smarter Future.
About Our Consultancy
About Us
At WISE CONSULTANCY, we believe in guiding individuals and businesses toward a secure and successful future. With expertise across loans, insurance, and recruitment services, we are your one-stop destination for financial growth, protection, and career opportunities.
Our Services:
- Loans: We help you access the right financial solutions – personal loans, home loans, business loans, and more – tailored to your needs with hassle-free processing.
- Insurance: Protecting what matters most is our priority. We offer comprehensive insurance solutions covering health, life, motor, and business needs.
- Recruitment Consultancy: We connect talent with the right opportunities. Our recruitment division helps job seekers build careers while assisting companies in hiring skilled professionals.
Why Choose Us?
✔ Trusted guidance and transparent processes
✔ Wide network of financial institutions & insurance providers
✔ Dedicated team for career and job placement services
✔ Customer-first approach with personalized solutions
At WISE CONSULTANCY, our mission is simple: to empower people with financial freedom, secure futures, and better career opportunities.
Features and Benefits of our Personal Loan
A personal loan is an unsecured loan that is not backed by collateral or security. This makes it a flexible financing option, as there are no limitations on its use.
The followings are the ways a personal loan can be useful:
- Debt consolidation: Combining multiple debts into a single loan with a lower interest rate to save money on interest payments and make it easier to manage debts.
- Home renovation: Using a personal loan to fund home renovation projects can increase the value of your home and improve your living conditions.
- Medical expenses: If you have unexpected medical expenses, such as emergency surgery or hospitalization, a personal loan can help cover the costs.
- Emergency expenses: A personal loan can help cover unexpected expenses like medical emergencies or car repairs to avoid financial hardship.
Personal Loan Eligibility Criteria
To qualify for a personal loan, you have to meet certain criteria. Below are the important factors that lenders take into consideration to decide your eligibility for a personal loan.
- Age should fall under the range of 21 years to 60 years
- Net monthly income should be 15,000/- for salaried and self-employed, yearly transactions should be a minimum of 20 lakhs
- Credit score must be above 650
- Debt-to-income ratio
- Employment stability
- Maintained a good credit score
- Clear repayment history
- Must be a Resident Citizen of India
Documents required to apply for Personal Loan
- Identity Proof - Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
- Proof of Residence or Address Proof - Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card, Electricity Bill, Telephone Bill, Ration Card
- Age Proof - Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
- Income Proof - 1 year Bank statement, 3 months Salary Slips
- Employment Proof - Employment Certificate, Office address proof
- GST or VAT Registration for Self-employed
- Photograph - Passport-size photographs
- Business proof - Business registration documents such as a partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
- Income tax returns – Documents of the past 2-3 years to verify income and tax payment history
Features and Benefits of our Home Loan
A vast array of institutions offer you the best home loan rates at the most competitive rates and affordable EMIs.
- Home Construction Loan: If you have a plot of land and lack financial support to construct a home on that piece of property, you may choose a house construction loan. Such borrowing is mainly made to construct or repair a major part of your home.
- Home Extension Loan: Should you already own a home, and feel the need to extend the building, add an annexe, or build another floor, etc., Home Extension Loan is your go-to option that finances such needs.
- Home Improvement Loan: All of us wish to improve and upgrade our homes for a better life. From your old-age furniture, fixtures to faulty lightning systems, Home Improvement Loan funds all your plans.
- NRI Home Loan: If you are a patriot, a Non-Resident Indian, and wish to own residential property in India, NRI Home Loan is your answer. Though the formalities for application may be a little different.
Home Loan Eligibility
The basic home loan eligibility criteria are as follows:
Age:
- You must be above 21 years of age at the time of the commencing of your loan, and up to 65 years or less at loan maturity
- Salaried Person - 21 years to 58 years
- Self-Employed Person - 25 years to 65 years
Income
- Salaried Person - Minimum Rs. 10,000 per month
- Self-Employed Person - Minimum Rs. 2,00,000 per year
Employment
- Salaried Person - Minimum 2 to 3 years of Experience in MNC, or a Private or Public Limited Company
- Self-Employed Person - Minimum 3 years of Experience in the current field
Credit Score
- A credit score of 750 is considered a good score for approval.
Documentation for Home Loan
Income Proof Documents
1. Salaried Individuals
- Form 16
- Employee Identity Card
- 3 Months Salary Slip
- 6 Month Bank Account Statement
- Duration of Employment Evidence
2. Self-Employed Individuals
- PAN
- Trade License
- Partnership Deed
- Article of Association
- Memorandum of Association
- Import Export Code
- SEBI Registration Certificate
- ROC Registration Certificate
- Financial Statement Audited by CA
- Profit & Loss Account Statement
- Balance Sheet
- 6 Months Bank Account Statement
- Professional Practice License for Doctors, Consultants, etc
- Registration Certificate of Establishment for Shops, Factories, and Other Establishments
- Business Address Proof
3. Documents Required from all Non-Resident Indians (NRIs) Applicants
- Income Proof Documents for NRI
- Property Papers
- Property Documents
- Sale Deed
- Stamped Agreement of Sale
- Allotment Letter
- No Objection Certificate or NOC
- Housing Society
- Builder
- Possession Certificate
- Land Tax Receipt
- Construction Cost Estimate
- Bank Account Statement of Payment Made to Seller or Builder
- Payment Receipt of Payment Made to Seller or Builder
- Incase of resale property share certificate is required
- Occupancy Certificate
Features and Benefits of our Business Loans
- Term Loans
- Working Capital Loans
- Business Expansion Loans
- Equipment Financing Loans
- Invoice Financing & Bill Discounting
- Machinery Loans
Eligibility Criteria & Eligible Entities
Business Type: Most lenders provide loans to various types of businesses, including sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and more.
Credit Score: A good credit score is often required to qualify for a business loan. Lenders use your credit history to assess your ability to repay the loan.
Business Age: Some lenders require a minimum operational history for your business, usually ranging from a few months to a year or more.
Annual Revenue: Lenders may have a minimum annual revenue requirement to ensure your business has a stable income.
Collateral: Secured loans might require assets as collateral to secure the loan. Collateral can be real estate, equipment, inventory, or other valuable assets.
Cash Flow: Lenders often evaluate your business's cash flow to determine your ability to repay the loan.
Age Criteria: Min. 21 years at the time of loan application & Max. 65 years at the time of loan maturity.
Eligible Entities: Individuals, MSMEs, Sole Proprietorships, Partnership Firms, Public and Private Limited Companies, Limited Liability Partnerships, retailers, traders, manufacturers, and other non-farm income-generating business entities engaged only in the services, trading, and manufacturing sectors
Business Vintage : Min. 1 year or above
Business experience: Min. 1 year, business location to remain same
Annual Turnover: Shall be defined by the Bank/NBFC
Credit Score: 700 or above (Preferred by most private and public sector banks)
Nationality: Indian citizens
Additional Criteria: Applicants must own either a residence, office, shop, or Godown.
Documentation for Business Loans
The list of documents required for a business loan to be submitted varies based on type of business entity. Submit the following documents to begin with the loan process:
- ITR for the past 2-3 years
- Current Bank Account Statement for the last 12 months
- Photocopy of PAN Card
- Address Proof for Residence such as Voter Card, Passport, Aadhaar Card, Telephone Bill, Electricity Bill
- Address proof for Business such as the Telephone Bill or Electricity Bill
- Last Financial Year's provisional Financials and future year's projections.
- Company's business profile on the letterhead
- 2 photographs of promoters and property owners.
- Sanction letter and Repayment schedule of existing loan
- GST registration certificate and GST returns of latest 2 years.
- D-Vat/Sale tax registration copy
- Udhayam Aadhaar registration certificate
- Rent agreement copy of factory and residence (if property is rented)
- Business Continuity proof of 3 years (3 years old ITR/Company registration etc)
- Company PAN Card, Certificate of Incorporation, MOA, AOA, List of Directors, and Shareholding pattern for Pvt Ltd companies
- Partnership Deed, Company pan Card for Partnership Companies
Features and Benefits of our Car Loan
- Access to Immediate Funds
- Flexible Loan Tenures
- Fixed Interest Rates
- Customized Loan Amounts
- Convenient Monthly Repayments
- Potential Tax Benefits
- Option for New and Used Cars
- Ownership from Day One
- No Need for Full Upfront Payment
- Improve Credit Score through Timely Payments
Car Loan Eligibility
Car loan eligibility is about whether you can get a loan to buy a car. It depends on things like how much you earn, your credit score, and if you have other debts. Lenders use these details to decide if you can repay the loan. If you meet their criteria, you're eligible for the loan; if not, you might need to wait or improve your financial situation before getting a car loan.
Car Loan Eligibility Calculator Refer to the Calculator
Car Loan Eligibility Criteria for Top Banks
Car loan eligibility criteria vary from one bank to another, but generally include factors such as your age (usually 21 to 65 years), minimum income (often around INR 20,000 per month), and stable employment. A good credit score, usually 650 or above, is important. Some banks might require you to be a salaried employee or self-employed, while others could need you to have a certain work experience or business vintage. Banks also consider your existing debts and liabilities to ensure you can manage the loan. Checking with each bank directly or using their online eligibility calculators can provide precise criteria tailored to their policies.
Car Loan Eligibility for Salaried Individuals/Self-Employed Individuals
For Salaried Individuals
- Individuals who are at least 21 years old at the time of loan application and no older than 60 at the end of the loan tenure
- Individuals who have worked for at least two years, with at least one year with the current employer
- Individuals with a minimum earning of Rs. 3,00,000 per year, including the income of the spouse/co-applicant.
For Self Employed Individuals
- Individuals who are at least 21 years old at the time of application and no older than 65 at the end of the loan tenure.
- Those who have been in business for at least two years.
- Should earn at least Rs. 3,000,000 per year
Documents Required to Apply for Car Loan
- KYC documents (Valid Photo ID Proofs)
- PAN Card
- Last 2 years' ITR as proof of income
- Salary Slip (latest 3 months)
- Salary account statement(latest 6 months)
- Signature Verification Proof
We provide the best value Life Insurance
What is Life Insurance?
Life insurance is a financial contract or arrangement between an individual (the policyholder) and an insurance company. In this arrangement, the policyholder pays regular premiums to the insurance company, and in return, the insurance company provides a death benefit to the policyholder's designated beneficiaries upon the policyholder's death. Life insurance is designed to provide financial protection and support to the policyholder's loved ones or beneficiaries in the event of their passing.
Types Of Life Insurance:
- Term Life Insurance: A long-term, pure financial protection strategy designed to safeguard your family's financial well-being.
- Whole Life Insurance: Offers lifetime coverage, extending until age 99, ensuring long-lasting life protection.
- Unit Linked Insurance Plan (ULIP): Allows investment in a diversified mix of equity and debt funds, with a 5-year lock-in period for partial withdrawals.
- Endowment Plan: Ensures the guaranteed receipt of the intended sum at the policy's maturity, providing financial security.
- Money Back Plan: Aids in the management of cash flows, particularly for goals like financing your child's education or marriage.
- Retirement Plan: Helps you build a substantial retirement fund or establish a pension to secure your golden years.
- Child Insurance Plan: Safely invest in your child's higher education and marriage goals while providing life insurance coverage.
- Group Insurance Plan: Beneficial for corporations and other organizations to protect their employees and customers from unforeseen risks.
- Savings & Investment Plans: Direct your savings toward achieving future financial objectives.
Life Insurance
Life insurance is a kind of life insurance that offers protection for a predetermined number of months or years, or a term. In the tragic event that the insured passes away during the policy term, this sort of life insurance offers a financial benefit to the nominee. Low-cost term insurance products offer excellent life coverage. For e.g.: The cost of a $1 billion term insurance policy might be as low as $485* every month. These set premiums may be paid all at once, periodically, for the duration of the policy, or only temporarily. Depending on the type of premium payment method selected by the buyer, the premium amount varies.
Term Insurance
Term insurance is a type of life insurance that provides coverage for a specific period (term), such as 10, 20, or 30 years. If the policyholder dies within the term, a predetermined amount is paid to their beneficiaries. Term insurance focuses solely on providing financial support in case of the policyholder's death.
Who should buy a Life Insurance Policy?
- Individuals with financial dependents, such as spouses, children, or aging parents.
- Breadwinners who contribute significantly to the household income.
- Anyone with outstanding debts, such as mortgages, loans, or credit card balances.
- Parents who want to ensure their children's education and future financial security.
- Business owners looking to protect their businesses and provide for their families in case of their demise.
- Individuals with specific financial goals, such as leaving an inheritance or legacy.
- Those who want to ensure their funeral and final expenses are covered without burdening their family.
- People seeking to build cash value or investment opportunities through certain life insurance policies, like whole life or universal life.
Learn a few terms about Life Insurance
- The regular payment made for the life insurance policy.
- The person or entity who receives the death benefit upon the insured's passing.
- The payout given to the beneficiary upon the insured's death.
- The duration for which the life insurance policy is valid.
- The sum of money the policy pays to the beneficiary.
- The process of assessing an applicant's risk and determining policy eligibility and premiums.
- The savings component in some policies that can grow over time.
- Optional policy add-ons that offer extra coverage or benefits.
- Provides coverage for a specified period with lower premiums.
- Offers lifetime coverage with a savings component and higher premiums.
We provide the best value General Insurance
General Insurance Features
Multi-purpose Professional
Higher Insurance Amount
Pocket- friendly Interest Rates
Easy Processing
What is General Insurance?
General insurance is like a shield for things other than your health or life. It covers your car, home, travel, and more. If something bad happens, like an accident, theft, or damage, the insurance company helps you pay for the repairs or replacements. It's like having a backup plan for unexpected events that could cost you a lot of money.
Type of General Insurance:
Motor Insurance:
Motor insurance is coverage for your vehicle, protecting you from financial losses due to accidents, theft, or damage.
Health Insurance:
Health insurance covers your medical expenses, helping you afford healthcare services and treatments when you're sick or injured.
Travel Insurance:
Travel insurance offers coverage for unexpected events during your trips, including trip cancellations, medical emergencies, lost luggage, and more.
Home Insurance:
Home insurance provides financial protection for your home and belongings against events like theft, fire, and natural disasters.
Marine Insurance:
Marine insurance covers losses and damages to ships and cargo during sea voyages, providing financial protection for maritime activities.
Rural Insurance:
Rural insurance provides coverage for agricultural assets, livestock, and rural properties, protecting farmers and rural communities from financial losses due to various risks.
Mobile Insurance:
Mobile insurance covers the cost of repairing or replacing your smartphone if it gets damaged, stolen, or lost.
Bicycle Insurance:
Bicycle insurance provides coverage for your bicycle against theft, damage, and accidents.
Commercial Insurance:
Commercial insurance is coverage for businesses, safeguarding them from financial losses due to property damage, liability, business interruptions, and other risks specific to their industry and operations.
Best Services
24x7 Support
Client is our most important priority
Easy Claim System
Express your desires and needs to us
Easy installments
Less complicated payment system
Strongly Secured
We can secure your precious assets
Types of General Insurance Policies
- General Insurance with Critical Illness Cover - In the tragic event that the policyholder passes away during the policy term, this general insurance plan includes a life cover that is paid as a lump amount. The fundamental life insurance policy includes a paid-for life cover.
- Basic Plan - The basic General Insurance plan includes a life insurance policy that pays out a lump amount if the policyholder dies during the policy period. The basic life insurance plan includes a paid life cover.
- Life Insurance with Accidental Death Cover - This General Insurance plan includes a life insurance policy that pays out a lump amount if the policyholder dies during the policy period. The basic life insurance plan includes a paid life cover.
WE PROVIDE THE BEST VALUE HEALTH INSURANCE
What is Health Insurance?
Types of Health Insurance:-
A. Indemnity Plan
An indemnity health insurance plan, also known as a fee-for-service plan, gives you the freedom to choose your healthcare providers and services. You pay for medical expenses upfront and then submit a claim to the insurance company for reimbursement based on the plan's coverage limits. This plan offers flexibility but requires managing paperwork and higher out-of-pocket costs.
B. Fixed Benefit Plan
A fixed benefit health insurance plan provides specific pre-defined payouts for certain medical events, such as hospitalization, surgeries, or critical illnesses. The plan pays out a predetermined amount regardless of the actual medical expenses incurred. It offers simplicity and helps cover specific costs, but may not cover all healthcare expenses.
Best Services
24x7 Support
Client is our most important priority
Easy Claim System
Express your desires and needs to us
Easy installments
Less complicated payment system
Strongly Secured
We can secure your precious assets
What does Health Insurance Covers?
Health insurance covers a range of medical expenses and healthcare services, which can vary based on the specific plan you choose. Generally, health insurance can cover:
- Hospitalization: Inpatient hospital stays, room charges, surgery costs.
- Outpatient Care: Doctor visits, diagnostics, consultations.
- Medications: Prescription drugs and medicines.
- Emergency Care: ER visits, urgent care, ambulance services.
- Preventive Care: Vaccinations, screenings, wellness check-ups.
- Specialist Services: Specialist consultations, therapies, treatments.
- Maternity Care: Prenatal, childbirth, postnatal care.
- Diagnostic Tests: Lab tests, X-rays, imaging.
- Mental Health: Therapy, counseling, psychiatric care.
Learn a few terms about Health Insurance
- Premium: The amount you pay for the insurance coverage.
- Deductible: The initial amount you pay before insurance coverage starts.
- Co-payment (Co-pay): A fixed amount you pay for each medical service.
- Network: Approved list of doctors, hospitals, and healthcare providers.
- Claim: Request for payment when you use your insurance coverage.
- Pre-existing Condition: Health issue existing before getting the insurance.
- Exclusion: Situations or treatments not covered by the insurance.
- Policy Limit: The maximum amount the insurer will pay for a claim.
BUILDING CAREERS, BUILDING ORGANISATIONS WITH WISE CONSULTANTS.
What is the WISE culture about?
- Our policies are based on trust - discretionary time off, responsible travel, work flexibility, paternity benefits, etc.
- We are an equal opportunity employer with a diverse workforce
- India's Top 25 Safest Places to Work by Help HR for two years in a row
- A certified Great Place to Work - Rank 21 (Top 10 for Women & Top 50 for Millennials)
At WISE CONSULTANCY, we are passionate about connecting top talent with leading organizations. As a trusted Recruitment Consultancy, we specialize in providing expert solutions for businesses and professionals alike.
Our Mission
Our mission is to deliver exceptional recruitment services that exceed our clients' expectations. We strive to build lasting relationships with our clients and candidates, understanding their unique needs and goals.
Our Values
- Integrity: We operate with transparency and honesty in all our interactions.
- Expertise: Our team of experienced recruiters possesses in-depth knowledge of the industry and market trends.
- Customer-centric approach: We prioritize our clients' and candidates' satisfaction and success.
Our Services
- Talent Acquisition
- Executive Search
- Temporary Staffing
- Recruitment Process Outsourcing (RPO)
Why Choose Us?
- Proven track record: We have a successful history of matching top talent with leading organizations.
- Personalized approach: We take the time to understand our clients' and candidates' unique needs.
- Industry expertise: Our team stays up-to-date with the latest industry trends and best practices.