Small and medium-sized businesses can apply for small business loans in Lucknow at the lowest business loan interest rates. The requirements for business loan eligibility are simple and require minimal paperwork.
No balance sheet needed
After first 6 EMIs
Straight into your account
In addition to its rich cultural heritage, Lucknow has earned the title 'City of Nawab'. The city has a touch of royal splendour that once upon a time was unlimited, with its traditional cuisine, fine arts, and courteous people.
Funding for operational and capital purposes is a crucial need for business people who wish to participate in these industries. Ziploan is a reputed business loan provider in Lucknow that can provide you with a quick business loan in Lucknow if you are in need. Business loans of up to Rs. 7.5 lakh are available at low rates, with minimal documentation, flexible tenor, and many other benefits.
Our business loan eligibility criteria are easy to meet:
| Proprietorship | Partnership | Pvt. Ltd. / LLP / One Person Company | |
|---|---|---|---|
| Bank statement (12 months) | ✓ | ✓ | ✓ |
| Business registration proof | ✓ | ✓ | ✓ |
| PAN Card | ✓ | ✓ | ✓ |
| Aadhar Card | ✓ | ✓ | ✓ |
| ITR of the previous two years | ✓ | ✓ | ✓ |
| 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 |
Equated Monthly Instalments (EMIs) let you pay off a loan in affordable monthly payments. Ziploan one of the reputed business loan lenders in Lucknow offers you a convenient EMI repayment option. You can repay the loan amount between 12 and 36 months.
You can calculate your EMI using our business loan EMI calculator.
Here is the formula to calculate business loan EMI.
EMI = P × r × (1 + r) n/ ((1 + r) n – 1)
Above:
P: Loan amount, r: interest rate, n: tenure in number of months
To apply for a business loan online from ZipLoan, follow these three steps:
Getting a line of credit for your business is pretty easy with Ziploan. Simply download our small business loan app and:
Here are the types of small business loan schemes that are available to you:
How to get a business loan in Lucknow?
ZipLoan is one of the best NBFC in Lucknow for business loan that offers loan within 3 days*.
How do I calculate the EMI for the business loan?
It is easy to calculate EMI on our website by using our online calculator. You need to enter the principal loan amount, tenure of the loan in months and the rate of interest
Who can get a business loan from ZipLoan?
Businesses with more than 2 years of vintage qualify for a business loan. Besides, their previous year's turnover should be more than Rs. 5 lakh and they must have filed an ITR of more than Rs. 1.5 lakh in the last year.
What documents required to get a business loan from ZipLoan?
The documents required for a business loan from ZipLoan are PAN card, Last 12 months Bank Statement, Last 1 year’s ITR, Address proof, Aadhar card, etc.
How can I get a loan for small business in Lucknow?
To avail of a small business loan, the business owner can visit our website and fill the loan application form online. Our business loan agent in Lucknow will help with further assistance.
What is the eligibility for a business loan?
Our business loan eligibility criteria are easy to meet: 1) Business should be more than two years old. 2) Last year turnover should exceeds 10 lakh. 3) No default history. 4) Taxes filed over the last year should exceed Rs. 1.5 lakhs. 5) Ownership of either a home or a business is essential.
What is the minimum amount for a business loan?
You can avail of a small business loan of up to Rs. 7.5 lakh from Ziploan within 3 days*.
