A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. We have a Expertise Team to serve the customer to provide them a best suited loan.
Typically Business loans range from Rs. 50,000 to Rs. 1 Cr with a tenure typically ranging from one to five years. Getting a Business loan is quite stress free and there are typically a number of offers in the market most of the time.
Business loan rates vary from bank to bank, and are anywhere between 14%-30% depending upon your profile and the policies/scheme you decide to opt for. In case you need to find out more about personal loan rates from different banks.
Age : 21 to 60 Yrs
Minimum Income : 25 K per Month
Minimum Loan Amount : 50 K
Aadhar Card (Current Address Proof)
Bank Statement of last 1 Months
ITR Of 3 Yrs ( Banks to Banks it will Vary)
Business Registration proof
Qualification proof ( If you have any professional Degree)
Some time Banks or finance institution may ask for Electricity bill/ credit card bills etc. It depends upon institution to institution.