Short Term Loan

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Short Term Loans Bangalore

Now get Short Term Loans easily with Team4Loans in Bangalore. A short term Loan is the form of obtaining money to finance your temporary working capital needs and you need to be repaid in less than a year if your business doesn’t qualify for a line of credit from a bank.

Need of Short Term Loans? Apply Online now, so that we can help you to meet your requirement.

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Short Term 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.

Short Term Loan Interest Rates

Interest rates on any loan plays an important part so always choose the lowest one is beneficial. Short Term 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 for Short Term Loan interest rates.

Short Term Loan for Self Employed

Almost all banks offer Short Term 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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  • Credit Card
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  • Short Term Loan

Referred the customer overlooking for the loan earn upto

1 Lack Per Month

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