Business Loan

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Business Loan in Bangalore

You can now get Business Loan in Bangalore for business growth or expansion without disturbing your personal investments. Business loans help to grow micro and small enterprises and capitalize on business opportunities in a growing economy. We have experience in understanding your business necessities and customizing financial solutions according to your business needs.

Need of Business Loan in Bangalore? Apply now online, so that we can help you to meet your requirement.

 

Business Loan Eligibility

1. Minimum per month Income of Rs.18500 in Metro cities required.
2..Minimum per Month Income of 17500 required in other cities like Tier 1, 2 & 3.
3. Age Must be above 21 Years.
4. Regular Source of Income with Valid proof of income like – Pay Cheque, Account Transfer. Cash salary is not considered by any bank.
5. Minimum 6 Month stability in current company for Salaried, 2 Years ITR for self-employed / Professionals.
6. CIBIL Score must be above 650 points.

Business Loan Interest Rates

Interest rates on any loan plays an important part so always choose the lowest one is beneficial. Business Loan interest rates for most of the banks starts from 10.99% to 17.50%. Some banks offer special interest rates to its customer on the basis of Company, Profile, Residential status, Income per month. Banks offer lowest rates to only CAT A based company employees. So have a look at major banks Business Loan interest rates.

Business Loan for Self Employed

Almost all banks offer a Business Loan to self-employed persons on the basis of business stability & last 2 or 3 years Income tax returns. Interest rates are also on the higher side for the comparison to salaried people.
• Maximum loan amount avail up to 15 lakhs.
• Maximum tenure period is 5 Years.
• Mandatory bank account, Part payment option is not available for self-employed borrowers.

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Other Loans

  • Personal Loan
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Referred the customer overlooking for the loan earn upto

1 Lack Per Month

ABOUT US

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