Business loan acts as fuel to meet day to day operations, working capital needs, expansion of business and trade related activities.

1. What are the loan tenure options for Business Loan?

You can repay your loan over a period of 12 to 48 months

2. What security do I need to provide to obtain a Business loan?

To obtain the loan, there is absolutely no need to provide any security or collateral. Its based on your business income Bank/NBFCs can provide the loan.

3. How much loan can I avail of Business Loan?

You can avail of a loan from Rs 50,000/- to Rs75,00,000/- depending on your income, repayment capacity.

4. How long will it take for me to get a Business Loan?

Once you submit your application form and supporting documents, we shall give approval within 5 – 10 working days provided every document is in order. All loan approvals are at the sole discretion of the bank/ NBFCs.

5. How do I repay my Business Loan?

You pay the loan in equated monthly installments. The loan will be paid through post-dated cheque, through Standing Instructions to debit your Bank account or Through ECS EMI amount.

6. Can I repay the loan earlier for Business Loan?

Yes, you can choose to repay your loan anytime after 6 months of taking the loan and after you have paid 06 EMIs along with applicable foreclosure charges.( Pre-closer charges applicable for some banks/NBFCs )