Business Loan Features
The following are the features that make our product the best business loan in India:
- Eligible Age: The borrower availing a loan from us has to be between 21 to 60 years of age.
- Loan Amount: you can avail a business loan ranging from Rs. 1 to 7.5 lakh. You can choose the loan amount that you require.
- Loan Tenure: We offer unsecured business loans for a shorter time period. Our loan repayment tenure ranges between one to three years. With the five options to choose from (12, 18, 24, 30, and 36 months), you can pick the one according to your repayment capacity.
- Eligibility Criteria: Our eligibility criteria is very easy to fulfil. You just need to be in business for more than two years, and you must have filed the income tax return in the previous financial year of more than Rs. 1.5 lakh. Besides, your annual banking should be more than Rs. 5 lakh.
- Business Vintage: It is a vital factor as it helps in comprehending the stability of your business and knowing that your business is authentic. To prove the vintage of your business, you can provide us with the ITR of the previous two years.
- Loan Documents: We offer business loans at minimal documentation. We require bank statement of last nine months, ITR of the previous two years, PAN card, Aadhar card, and business place and house address proof.
The minimal documentation requirement and basic eligibility criteria make our loan product the best business finance available for you.