Business Loan

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BUSINESS LOAN

• Secured : A Loan taken by a borrower to start or Expand Business with a Collateral.

• Unsecured : A Loan taken by a borrower to start or Expand Business without a Collateral.

To meet the temporary needs of a business like short term working capital, a short term loan is most apt one, with the repayment time period of a year An Intermediate Loan is necessary for starting up business to buy inventory, equipment and also increase working capital A Long term is necessary for well established business houses who wish to expand, increase their fixed assets or related business acquisitions, with terms that runs for a period of 3-5 years.

Features & Benefits :

• Flexi Overdraft Loans

• Collateral Free Loans up to Rs.30 Lakhs

• Quick Process

• Low Interest Rate

• Long Term Loan

Documents :

• ID Proof ( PAN Card , Aadhar Card , Passport, Driving Licence)

• Latest Residence Electricity paid bill

• 1 Year Current Account Bank Statement

• 3 Years Income Tax Return&Balance Sheet

• Business Vintage Proof

• Application Form with Photograph

• Professional Fees Cheque

Rate of Interest : 14 % to 24 % depending on Customer Profile