Business Loan- Overview
Expertise with MSMEFUNDING.in
Our Specialization
• Project Loan
Commercial Loans
• Working Capital Institutional lands
• Property Loans Registration of firms
• Home Loans Direct tax
• Lease Rental Discounting Indirect tax planning
• Restructuring of Loans GST registration
• One time settlement of Loans MSME registration
• Term Loans Import Export Code
• OD / CC
Business Loan is the budgetary item that guarantees steady progression of assets for SME business to keep up its development force and business extension.
It is the sort of unbound advance, which empowers the borrower to use its advantages without putting any benefit/ware as insurance.
Independently employed people and adventures utilize the business credit as an instrument to take care of the obligations, putting resources into new hardware,
subsidizing everyday business tasks and to fuel different business exercises that needs persistent money stream.
Business Loan Interest Rate 2020
|
Salaried |
| Interest Rate |
13% Onwards * |
| Lowest EMI |
Rs. 734 per lakh |
| Loan Tenure |
From 5 years to 30 years |
| Loan Amount |
Min Rs. 5 Lakh and Max Rs. 5 Cr |
| Processing Fee |
Minimum Rs. 10,000 Maximum Rs. 10,000 with applicable tax |
| Age |
Min 24 years and Max 60 years |
| Prepayment, Foreclosure Charges |
Allowed with Nil charges for floating rate loans |
