Business Loan
A business loan is a financial arrangement in which a lender provides funds to a business entity, typically with an agreed-upon interest rate and repayment terms. It’s intended to support the company’s operational needs, expansion, or other specific purposes, and is usually repaid over a specified period of time.
Features:
- Loan Term: 6 months to 60 months (Varies from company to company)
- Rate : Ranges From 11.49% to 36% (Depends upon Profile & Company)
- Process Time : 24 hrs to 72 hrs (Varies from company to company)
Eligibility Criteria For a Personal Loan
- Minimum Age Limit : 23 yrs
- Maximum Age Limit : 65** Yrs
- Minimum Income : 3 lac per year
- Minimum Cibil Score: 650 or -1
- Minimum Business Vintage : 2* years
- Minimum Loan Amount: 1 Lac
There are various of different Business loan offers/Schemes from various banks Banks/NBFC’s are there for every customer. Our Professional Team guided the customer to choose a most suited product offers as per their need.
