Documents and eligibility criteria
| ||Proprietorship||Partnership||Pvt. Ltd. / LLP / One Person Company|
|Bank statement (12 months)||✓||✓||✓|
|Business registration proof||✓||✓||✓|
|ITR of the previous two years||✓||✓||✓|
Note: - We don't offer a loan for startup business in Delhi NCR.Business loan interest rates in Delhi
|Customized Interest Rates||Yes|
|Loan Tenure||up to 36 months|
|Pre-closure charges||Nil** after paying the first 6 EMIs|
|Eligibility Criteria||Annual turnover more than Rs.10 lakh|
|Loan Amount||₹ 1 Lakh – ₹ 7.5 Lakh|
Business Loans EMI
Equated Monthly Instalments (EMIs) break down a loan into easily repayable financial units. The EMI option provided by Ziploan helps you repay the loan amount with an easy EMI repayment facility. You can repay your loan amount in 12 to 36 months.
You can use our business loan EMI calculator to know your EMI.
How to Calculate Business Loan EMI?
Here is the formula to calculate business loan EMI.
EMI = P × r × (1 + r) n/ ((1 + r) n – 1)
P: Loan amount, r: interest rate, n: tenure in number of months
How to Apply for Business Loan in Delhi NCR
Here are three steps process to apply for a business loan online from ZipLoan:
- Submit Application - Simply enter your personal, business, and financial info to receive a business loans offer.
- Upload Documents - Upload digital copies of your documents in a single-step process for verification.
- Get Sanctioned - Receive your business loans approval and disbursal within 3 working days*.
How to apply for a business line of credit loan?
Getting a line of credit for your business is pretty easy from Ziploan. Simply download our App and:
- Sign up with your registered mobile number
- Fill in your basic details to check your loan eligibility
- Get a real-time conditional offer basis on your PAN & Aadhaar Card
- Upload a few documents – Address proof, Bank statement & ITR
- Now track your loan application status on an app for approval
- The loan application is approved and money is transferred directly to your bank account