Overview

  • Customized to match your requirement
  • Speedy & transparent Processing
  • Simple Documentation
  • Competitive Interest rates
  • Easy convenient and simple

emi Business Loan

 

emi Business Loan

Who can Apply?

  • Business class
  • Ages 23 to 60 at a fixed rate of interest

What document is required

Meeting customer expectation is our Moto and this is exemplified by simple documentation.
Your loan application form must be accompanied by:

In case of Business / Professional

  • Last 2 to 3 year ITR, Computation, Balance sheet & P&L Account
  • Last six months' bank statement
  • Previous Loan Statement 6 months (if any)
  • KYC documents as requested
    • PAN Card copy
    • Aadhar Card copy
    • Rental Agreement (if on rent)
    • Any utility bill copy viz Electricity Bill, MGL Bill or MTNL Bill

*All documents to be self attested.

Why opt for Business Loan

  • Flexible repayment options
  • Flexible tenure options up to 60 months
  • Repayment options: ECS/NACH
  • No security or collateral required to avail of the loan
  • Applicant can club income of co-applicant to enhance eligibility
  • Interest rates remain unchanged throughout the loan tenure

Our Channel Partners

click on channel to view rate of interest

emi Business Loan
emi Business Loan
emi Business Loan
Rate of Interest : 18.5% to 20%
Processing Fees : 2.2% + GST + Insurance
Max Loan : 1 Cr
Tenure : 3 – 5 years (Doc)
Other Information : Business Loan
Sanction TAT : 5 working days
Sanction Validity : 1 month
Disbursement TAT : 2 days
Lock In period : 6 Months
Repayment / Foreclosure Charges (of Loan amt outstanding) : 5%

 

Rate of Interest : 17 to 19.5% (Professional 15% onwards)
Processing Fees : 2% + GST + Insurance (Loan Protector)
Max Loan : 40 Lac
Tenure : 1 – 5 years (Doc)
Other Information : Business Loan
Sanction TAT : 2 working days
Sanction Validity : 1 month
Disbursement TAT : 2 days
Lock In period : Nil
Repayment / Foreclosure Charges (of Loan amt outstanding) : 2%-4%

 

Rate of Interest : 15% to 18%
Processing Fees : 1% to 2.25% + GST + Insurance
Max Loan : 2-50 Lac
Tenure : 1 – 3 years (5 years in case of Doc)
Other Information : Business Loan
Sanction TAT : 5 working days
Sanction Validity : 1 month
Disbursement TAT : 2 days
Lock In period : 6 Months
Repayment / Foreclosure Charges (of Loan amt outstanding) : 5% ( + GST )

 

 

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