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BUSINESS LOAN

Loan uses for business operation is a Business Loan, should meet the following eligibilities:

-The business shall be a proprietary firm, partnership firm, LLP or a Company

-A credit score of 650+

-Business operation for at least 24 months with growing cash flow

-Sound banking transactions

-Minimum 2 year work experience for self employed

-Minimum  23 year and maximum 65 years old at the time of  Loan Maturity

 

TYPE OF LOAN BUSINESSMEN PROFESSIONALS
                RATE                 18% - 24%                 11%-16%
        Unsecured Loan amount         3 LAKH to 100 LAKH.               3 LAKH to 100 LAKH.     
            Processing Fee                      1%                        1%
               Stamp Duty                     0.5%                       0.5%

 

 

 

Process
Apply for Loan
Talk to Expert for more information
Upload Documents (scanned)
Get your Documents through eVyapar wallet
Document
Four Photograph of Applicant/Co-applicant.
Copy of PAN card & Aadhar card of Applicant/Co-applicant.
Latest Residence proof of Applicant (Latest telephone/electricity bill).
3 months latest salary slip
Form No. 16 (3 years)
ITR for last 3 years. ( applicant & co-applicant)
Saving/ salary A/c statement of Applicant and co-applicant for 1year.
Copy of statement of existing loans(if any)