To start a business, revamp existing business and for expansion purposes, business loan is the primary financial product availed by individuals and enterprises. Business loan is offered to meet working capital requirements, buy equipment or machinery, enhance business cash flow and much more.
With loan amounts starting from, as low as Rs. 1,00,000 and exceeding up to Rs. 50 crore (unsecured loan), businesses and enterprises have multiple funding options with flexible and customized repayment options.
1. Interest Rate:6.5% reducing yearly.
2. Nature of Loan:Short- and Long-term, Working Capital, Secured and Unsecured Loans.
3. Minimum Loan Amount:Rs. 1,00,000
4. Maximum Loan Amount:Up to Rs. 50 crore, can exceed as per business requirements
5. Repayment Period:1 year to 30 years.
6. Collateral:Not required for Unsecured Business Loans.
Check and Compare from available business loan options at competitive interest rates.