Business Loan
Every business needs capital to grow and at this platform, we ensure you get the best of what you need. Whether you are launching or expanding your business, we pledge to give you best business loan offers.
Features & Benefits
- Both secured & unsecured loans are available
- Loan amount: Unsecured loan - Up to Rs 1 crore; Secured loans - Up to Rs 5 crore
- Loan tenure: Unsecured loan – Up to 5 years; Secured loans - Up to 15 years
- Unsecured loan facilities include term loans & working capital loans
- Secured loan facilities include Cash Credit A/c & Working Capital Loans
Business Loan Eligibility
- Age: 21 – 60 years
- Business Vintage:1 year & above
- Credit Score: A credit score of 675 & above increase the chances of loan approval and at lower interest rates
Startup Business Loans
You can avail a Startup business loan from a bank or a financial body in order to raise funds to start a business of your own or expand your current business. The rate of interest charged by the bank will depend on the loan amount availed by you and the repayment tenure.
| Highlights of Business Loan | |
|---|---|
| Interest rate | Up to 21% p.a. |
| Loan Amount | Up to Rs.75 lakh |
| Tenure | Up to 5 years |
| Processing Fees | Up to 6.5% of the loan amount + GST |