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

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%

 

 

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