Business Loan Features & Benefits
ZipLoan, one of the best business loan providers in Delhi, is an RBI registered NBFC and offers SME loans ranging from Rs 1 to 7.5 lakhs. The following are the features of the business loan offered by the NBFC:
Loan up to Rs. 7.5 Lakhs: we offer business loans ranging from Rs. 1,00,000 to Rs. 7.5,00,000 to the eligible small business owners. The wider loan window offered by us helps the business owners get access to funds to meet all their various business requirements, such as business expansion and growth.
Online Processing: we have an online loan application process where you can apply for a loan through your mobile or laptop/PC. So, there is no need for you to visit us in person.
Faster Processing: we have a fast process wherein we process the application and disburse the loan amount in just three days*. The online loan application also saves time as there is no time between your filling the loan application and us processing it. Besides, we try and inform the borrower about his eligibility on the same day he applies for the loan.
Flexible Repayment: we offer flexible repayment offers to our borrowers. You can choose between 12 months, 18 months, and 24 months, and 36 months as per your business financials.
No Hidden Costs: we don’t have any hidden charges or costs. We levy a one-time processing fee. Besides, we don’t have any prepayment penalty as well if you prepay your loan amount after the payment of 6 EMIs.
Documents Required for an MSME Business Loans in Delhi
Following are the documents need to avail of a business loan for MSME businesses:
| ||Proprietorship||Partnership||Pvt. Ltd. / LLP / One Person Company|
|Bank statement (12 months)||✓||✓||✓|
|Business registration proof||✓||✓||✓|
|ITR of the previous two years||✓||✓||✓|
Business Loans Fees & Interest Rates
|Customized Interest Rates||Yes|
|Loan Tenure||up to 36 months|
|Pre-closure charges||Nil** after paid the first 6 EMIs|
|Eligibility Criteria||Annual turnover more than Rs.10 lakh|
|Loan Amount||₹ 1 Lakh – ₹ 7.5 Lakh|
Why Avail Business Loan in Delhi?
We are one of the best NBFCs in Delhi for business loans and MSME loans. The following are the benefits of our business loan from Ziploan:
Variety of Business Loans: you have several options to choose between when availing of business loans. You can avail of a machinery loan, term loan, working capital loan, and capital loan.
Simple Process: we have a fast and simple application process. You can fill the loan application in as little as just 10 minutes. Just check your eligibility criteria on our eligibility calculator and fill the loan application. Besides, we require minimal documentation for the processing of the application. And you can submit the documents online – upload their soft copies (pictures or PDFs).
Fast Disbursement Process: our disbursement process is fast. We approve the loan application the same day and disburse the loan amount in just three days*.
Flexible Repayment Tenure: we have felxible repayment tenure ranging from 12 months to 24 months, and 36 months. You can choose one that suits your pocket. This helps you get access to the necessary funds without indulging in long-term liability. In addition, the short debts also help you in keeping your cash flow positive.