Overview
A Business Loan helps MSMEs, proprietors, and companies meet their capital requirements, purchase equipment, hire staff, or expand operations. We offer both secured and unsecured business finance solutions.
Features & Specifications
- Loan amounts up to Rs. 75 Lakhs without collateral.
- Flexible tenure up to 5 years.
- Quick assessment and hassle-free processing.
- Customized products for MSMEs.
Interest Rate
13.00% - 21.00% p.a.
Processing Fee
1.50% - 3.00% of loan amount
Eligibility Criteria
- Business vintage of at least 3 years.
- Minimum annual turnover of Rs. 15 Lakhs.
- ITR filed for last 2 years.
- Applicant age: 25 to 65 years.
Documents Required
- PAN Card of Individual & Entity.
- Aadhaar Card of promoter.
- Last 2 years ITR, Balance Sheet, and P&L statements.
- GST registration certificate and 12-month GST returns.
- Bank statements for last 12 months.
Key Benefits of Applying via Loan Sahyog
- Strengthen your business working capital.
- Quick funding to seize new business opportunities.
- Transparent rates with no hidden charges.