Business Loan

Business Loan

Loan Amount :- 100000 To 4000000

Age :- 21 To 60

For every business, funding is a key concern and a requisite for scaling up. But getting loans is not that simple, especially for small businesses.Our financial services are aimed at helping you overcome financial constraints and realise your business goals.You get business Loan up to ?50 Lakh and repay it through pocket-friendly EMIs across flexible tenures.

Repayment Tenure: From 1 year to 4 years.

Interest Rate:- 16% To 30%.

The Company offers reasonable interest rates which depend on factors like your credit score, loan amount etc.

Business Loan Eligibility Criteria.

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• Age: 21 to 60 years
• Employment:
  • Employees of private limited companies.
  • Employees of public sector undertakings (central, state, and local bodies).
  • Self employed individuals, proprietors, private ltd. co. and partnership firms involved in the business of manufacturing, trading or services.
• Work Experience: 
• Those whose business has been profit-making for the previous 2 years.
• Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.
• Income: Minimum monthly net income of ?25,000 & minimal Annual Income (ITR) of ?1.5 lakhs per annum.

Loan Processing Charges:- 3%