Business Loan
If you're a self-employed manufacturer, retailer, trader, or professional, you understand the dual challenges of managing day-to-day operations while seeking growth opportunities. For the self-employed, having readily available funds is crucial. Meeting the expanding needs of your business doesn't come easily to you. This is where our role becomes vital. Most Bank now presents unsecured, EMI-based Business Loans for the self-employed with minimal documentation required. Whether you utilise the loan for its full term or opt for early closure, we aim to address your immediate funding needs while ensuring your business has the resources to thrive. The loan application process is online, offering the convenience of repayment through manageable instalments.
Business Loan Features
Simplified
Simplified Access & Minimal Documentation
Minimum loan Amount Rs 50,000
Minimum Loan Amount Rs 50,000
Balance Transfer Available
Balance Transfer Available
Features & Benefits
Collateral Fee
Bank Busines Loans are Collateral-free. You can get upto 75lakhs as a loan without providing any collateral or asset as security.
Easy to Apply
Documentation is minimal, keeping in mind the busy schedules of a busy professional. Get quick approval if you meet all the eligibility criteria as follows:
Business Vintage- Minimum 3 years
Turnover- Minimum Rs 30 laksh
Age-21 to 65 years
The business loan can be availed for a tenure of 6 to 60 months
The Buisness loan can be availed for a minimum of 6to 36 months. You can repay in EMIs without undue financial burden. Choose the tenure to suit your budge and repay at your convenience.