Filters
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Kotak Mahindra Bank 8.50% 0.50% + ST 300000 - 300000000 3-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
PNB HOUSING FINANCE LTD 8.6%-8.95% 10,000/0.50% + ST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
HDFC LTD 8.35%-8.95% 0.50%/Rs 3000 + Tax 500000 - 50000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
DHFL 9%-9.75% 5,000 to 20,000 One time fee 300000 - 300000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
ADITYA BIRLA FINANCE 8.55% - 8.99% 5,000 to 10,000 One time fee 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
LIC HOUISING FIANANCE 8.15% - 8.19% Upto 0.50% 300000 - 300000000 5-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
State Bank of India 8.35% 10000+GST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
INDIABULLS 8.40%-10.05% Up to 0.5% One time fee 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Axis Bank 8.35%-11.75% 0.50% (min. ₹10000) 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
SHRIRAM Housing Finance 12.5% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Bank of Baroda 8.35%-9.35% 7,500 to 20,000 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
HDFC Bank 8.35%-8.60% 0.50%/Rs 10,000 + ST 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
ICICI Bank 8.40%-8.85% 0.5% (max 11,800)One time fee 300000 - 300000000 5-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Yes Bank 9.25% 0.25% 300000 - 300000000 1-25 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
IDBI Bank 9.30% 0.25% 300000 - 300000000 1-25 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Union Bank of India 9.50% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Indian Bank 9.55% 0.25% 300000 - 300000000 1-20 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Vijaya Bank 9.65% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Federal Bank 9.68% 0.25% 300000 - 300000000 1-30 Years Eligible Documents
Bank Name Interest Rate(%) Processing Fee Range Loan Amount Tenure Range Action
Reliance 9.75% 0.25% 300000 - 300000000 1-30 Years Eligible Documents

Overview

Term Loan

Banks provide term-loan programs that can offer small business who require cash for business work from month to month. Mostly, a small business uses cash to buy assets such as equipment for its production process.

The Term loan carries a fixed or flexible interest rate, with monthly or quarterly schedule with selected maturity dates. In order to reduce the risk of repayment term loan require collateral and a rigorous approval process.

Types of Term Loans

There are two types of term loans, intermediate-term loan and long-term. Intermediate – term loans run less than three years, which can be paid in monthly installments from a company cash flow Long-term loan run for three years to 25 years, which paid monthly or quarterly payments from profits or cash flow of the company.

With the understanding of the complexities involved in financial matters associated with business operations, myfundbucket.com , is specialized and offers consultancy services related to project finance. We provide Term Loan to the companies so that they can achieve their financial goals. We study the requirements of the company then design appropriate moratorium. Companies are given ample time for repayment with proper justification for the limits.

FAQ's

Q. Which sectors you provide financial assistance?

Ans. MFB offers financial assistance to medium and large scale industries in all sectors like star category hotels, resorts, Land & Building, hospitals, Plant & Machinery etc.

Q. Why term loan?

Ans. A term loan is a loan from a bank for a particular sum that has a predefined reimbursement plan and a fixed or floating interest rate.

Q. How long it takes for a loan to be sanctioned?

Ans. After submission of requiring documents it takes between 7 to 20 working days.

User Reviews

Sushma trivedi from New Delhi

Quick Service

myfundbucket.com service is very fast and their representatives are very helpful. I got a loan quickly with best rate of interest. Must say you people are doing great work

Abdul Khan from Hyderabad

Best loan provider

I tried several lenders to get SME loan but their process was taking too much time and their rate of interest was out of my budget. My friend suggested me about this website myfundbucket.com so I tried it. Their process for loan applying is very simple and quick, I got amaze with the low interest rate they offered. My loan got sanctioned in few days. Thanks to the myfundbucket.com team

Rahul Trivedi from mumbai

Excellent website

This website is very helpful in getting term loans and other products. I applied for term loan and in few minutes I received call from their agent who helped me to complete my procedure. They analyze my company requirement, design appropriate moratorium and give ample time for repayment with proper justification for the limits. I got my term loan because of this website myfundbucket.com