Businesses require an adequate amount of capital to fund startup expenses or pay for expansions. As such, companies take out business loans to gain the financial assistance they need. A business loan is debt that the company is obligated to repay according to the loan’s terms and conditions. According to the U.S. Small Business
Administration, before approaching a lender for a loan, it is imperative for the business owners to understand how loans work and what the lender will want to see from the owner.
- Easy & Quick loan.
- No any Hidden charges.
- Simple documentation.
- Identity, Address proof & income papers of Borrower and both Guarantors
- Project report of Business & concerned documents like property extract, search report ,valuation etc.
| Loan Scheme | Loan Amount | If CIBIL Score is 750 and above Rate of Interest | Rate of Interest |
|---|---|---|---|
| Educational Center and Hospital Development | All Loan Amount | 10.75% | 11.00% |
| Godown Rent Discounting | Rent receipt must be Deposited in our bank | 10.00% | 10.50% |
| Small & Medium Business Tearm loan | Below 25 lakh | 10.50% | 11.00% |
| Business Tearm loan | Above 25 lakh | Interest rate as per credit rating policy ( 10.00% To 12.25%) | |
Regular Monthly Loan repayment (loan installment/interest) will be credited monthly with 2% rebate discount on the original loan interest rate.
| Loan Scheme | Loan Amount | If CIBIL Score is 750 and above Rate of Interest | Rate of Interest |
|---|---|---|---|
| Builders and Developers Loan | All Loan Amount | 13.00% | 13.50% |
