Business Loan is most suited solution for small and mid size businesses, many times entrepreneurs stuck up in temporary financial crisis even after availing regular credit lines and other financial facilities, Business loan serve the purpose to help entrepreneurs in their business. Business loan with various banks and financial institutions is easily available to keep you away of all kinds of hassles and inconveniences.
To reap the benefits of this assistance, you just need to go through the easy and quick documentation and meet the eligibility criteria
Some excellent features of business loan are:
- Collateral free loan
- Repayment period is flexible from 12 – 60 Months
- You can avail loan up to 50 lacs from one bank
- Interest rate is very competitive i.e. 12% p.a. onwards
- Fastest loan approval and disbursement within 72* hours
- Minimum Documentation
Terms and conditions apply *
Normally the rate of interest on business loan is almost fixed throughout the tenure of the loan.
The indicative rate of interest charged by various banks are given in table as below, however final rate may differ depending on the profile of individual and parameters of bank