Business Loan Eligibility Criteria :-
Business loan is purely secured & unsecured loan. Type of loan that does require any property or collateral for the loan. Business loan is similar to a personal loan. Business loan helps you for the expansion of an existing business. This loan is specially designed to meet your all the business requirements. we can provide you secured loans from Rs. 1 crore to Rs. 500 crore and upto 5 crore in unsecured loan.
Purpose of Business Loan:-
- Business Loan For NPA Customers
- Business loan for business expansion
- Business loan for developing business and Infra
- Business loan for Purchase of Machinery or Equipments
- Business loan for paying your credit to your suppliers
Features & Benefits :-
- Loan amount up to 500 CR
- Repayment Tenure 12 months to 120 Months
- Guarantor or security required in some cases.
- Attractive rate of Interest
Sr. No | Particulars | Criteria |
---|---|---|
1 | Age | Age 18 Years to 80 Years |
2 | Minimum Loan Amount | 10,00,000/- (Ten Lakh) |
3 | Maximum Loan Amount | ₹5,00,00,00,000/- (Five Hundred Crore) |
4 | Loan Tenure | 24 to 60 Months (2 to 5 Years) |
5 | Rate of Interest | Starts from 11.99 % |
6 | Collateral | N.A. |
Business Loan Documents
- ID Proof - Pan Card & Adhar Card
- Address Proof - Passport / Electricity Bill / Registered Rent Agreement / Index
- Income Proof - Last 3 Years ITR with Computation of Income, P& L And Balance Sheet
- Banking - Last 1 Year Bank statement of Current & Saving Account
- Business Proof - Shop Act Licence / Partnership Deed, MOA/AOA
- Who can Apply - Sole Proprietorship/ Partnership Firm / Pvt. Ltd. Firm / LLP
- GST Certificate - GST File return for last 2 years
- 2 Photos of Applicant & Co Applicant