Business loan helps traders, businessmen and professionals to start or expand their commercial activities. The loan can be secured against collateral in the form of property, finished goods, etc or can be availed without keeping any collateral security.
Business Loan can be availed for all business purpose like working capital requirement, purchasing of fixed assets, capacity expansion/ modernization, technology up-gradation, Research and Development or any other short-term requirement
The loan amount will depend on profit and years of business and cash flow
Eligibility for business loan will vary from bank to bank and will depend on various factors. Your ability to repay the loan will be verified by the bank on the basis of your line of business, profitability, financial statements, etc.
Self-employed individuals / business owners in the age group of 21 to 65 years can apply for business loan. The annual turnover of the business will vary from bank to bank, The business needs to be in continuity for the last 3 years showing positive trends in turnover and profit for the last 2 years.
Business information :
Business owner information :
Contact information :
Ans. An unsecured business loan from Rs.3lakhs up to Rs.50lakhs may be availed.
Ans. The minimum tenure available for this loan is 12 months and it can go up to 48 months.
Ans. We offer fixed rate of interest.
Ans. You can repay through either Post Dated Cheques or Electronic Clearance Service(ECS) or Direct Debit.
Ans. To avail the loan, simply call 1800-120-0288. You can also e-mail us at email@example.com or visit any of our branches.
Ans. We offer business loans to both professionals and non-professionals, who are self-employed. Among self-employed professionals, we also offer exclusive loans for doctors with special features such as competitive interest rates and quick approval. The customer segment covered under Business Loans is listed below:
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Sukhdev Singh , AmritsarBest place for Business Loan
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