BUSINESS LOAN

• Up to Rs. 10 lacs: Business loan without collateral (if matching with company's norms).
• Above Rs. 10 lacs: Business loan with collateral.
• The criteria for loan will depend on various factors listed.
• Finance for Purchasing machinery, goods, furniture, fixtures etc.
• Loan for 12 Months to 60 Months.
• Loan Amount Upto 70 - 75% of the items to be Purchase & 25 - 30% margin from borrower
• Customer Friendly Product.
• Easy and Flexible E.M.I.
• Quick Disposal of Loan Application.
• Fixed Rate Loa: No worry for Increase in Instalments.
• Rate of Interest Varies from 14-20%.
• No Collateral required on case to case basis on hypothecation of goods in favour Of the Company.
• Setting up new business as well as expansion of existing business.
• Documents Required.
• Passport, PAN Card, Voter I.D., DL, Aadhar Card.
• Bank Statement for last 6 to 12 Months.
• I.T.R. for last 3 Years.
• Financial statement for the last 3 years (balance sheet and profit and loss account).