Business Loan

Riding ahead. Always.

We understand how every little step makes a huge difference in reaching your business goals. To help you meet newer milestones of success everyday, we offer a range of collateral-free customized business loan solutions best suited for your business requirements.

Key Features

• Whether you are an established business professional or a budding entrepreneur, you can always turn to Business Loans in times when your business needs more capital. We offer business loans ranging from Rs. 3 lakhs – Rs.75 Lakhs with flexible repayment methods.
   

  Who could be eligible for a Business Loan?

  Are you thinking of availing a business loan anytime soon? Browse through our business loan eligibility criteria mentioned below, to make sure your business loan is approved at the very first go:

• The applicant has to be in business for last 3 years with a minimum turnover of Rs.40 Lakhs
• The business must have generated profit for a minimum of 1 year
• The applicant should be a Sole Proprietor / Partnership firm / Private Ltd Co. / Trust / LLP involved in the business of Manufacturing, Trading or Services
• The main applicant should be minimum of 25 years of age & should be no older than 65 years at the time of loan maturity

• What are the fees and charges associated with  Business Loans?

• Processing fees: Maximum 2% of the loan / facility amount (Plus GST)
• Documentation Charges:
  • Loan amount less than 10 Lakhs - Rs.3500/- (Plus GST)
  • Loan amount greater than 10 Lakhs - Rs.6000/- (Plus GST)

• How much EMI do I have to pay for a Business Loan?

  To know how much EMI you would have to pay every month, try our easy-to-use business loan emi calculator. Simply enter the following details & Know your EMI:

• Loan Amount
• Desired Interest Rates (%)
• Tenure in Years/Months

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