Business Loan Deoria

Best Banks for Business Loan in Deoria

Business Loan in Deoria Features

• Business Loan Deoria provides an Overdraft facility without any security.
• The loans are available up to Rs. 40 lakhs(at some locations up to Rs. 50 lakhs) without any security.
• Review your Business Loan eligibility online in just 60 seconds
• The loans are available at an attractive @10.45% interest rate.
• The tenure is ranging from 12-48 months.
• No Foreclosure/part Closure shall be permitted during the first 6 months.
• Tax benefits are also applicable as per laws.
• No guarantor/security is required.
• Pay the interest only on the amount you have utilized.

Business Loan in Deoria Interest Rates

Business Loan in Deoria Documents Required

Salaried Customers:

• Any of the following as Identity proof:
  • Aadhaar Card
  • Passport
  • Voter’s ID Card
  • PAN Card
  • Driving License
• A copy of any of the following documents as address proof:
  • Aadhaar Card
  • Passport
  • Voter’s ID Card
  • Driving License
• Two passport-sized photographs are required.
• Payslips of the last three months of the candidate is also required.
• Bank statements for the last 6 months.

*NOTE: In the case of rented houses, a rent agreement needs to be attached.

Self-Employed Customers:

• PAN Card is compulsory for applying.
• Two passport-sized photos of the applicant are required. 
• Aadhar Card as identity proof.
• Residence verification( Current and Permanent) is required for applying.
• All financial documents are required of the customer(Balance Sheet, P&L Statement as well as ITR files).

Business Loan in Deoria Eligibility Criteria

Salaried Applicants:

• The minimum age of the applicant should be 21 years.
• The maximum age of the applicant should be 60 years.
• The minimum income of the applicant should be INR 25,000 per month.
• The job position of the applicant should be mentioned.
• The candidate must have a decent credit history.
• Work experience of the three years and the payroll should also be received in their accounts only.

Self-Employed Applicants:

• The annual income of the applicants should be the least Rs 2.5 lakh.
• The minimum age of the applicant should be 25 years.
• Individuals who have been in the current business for a minimum of 3 years are eligible.
• The credit score of the individual candidates should be fair, and there should not be any debt or dues left of the individual.
• The whole documentation method of Business loan Deoria is that the applicants have to present their financial and bank statements of the previous three months.

How to Apply for Business Loan in Deoria?

1. Visit our website Dialabank
2. Go to the loan part on the page and click on the Business loan section.
3. The applicant will address all the details of the Business loan Deoria and also they can choose their favored city, according to their needs.
4. For more information on Business loans and free administration, you may call on 9878981166.

Processing Fees / Prepayment Charges on Business Loan in Deoria

Every Bank and NBFC charges a fee for processing your loan request. Processing Fees charged by the Bank or NBFCs on Business Loan Deoria is up to 2.50% of the loan amount.

If you close your loan before the accepted loan tenure in the documents, every lending company charges you a penal prepayment fee for the loan period agreed beforehand. In most cases, you cannot settle your loan before 12 months from the date of availing the loan. Post that the charges also vary depending on how many years the credit has been done. The Prepayment charges are mentioned below:

• 07-24 Months – 4% of Principal Outstanding
• 25-36 Months – 3% of Principal Outstanding
• >36 Months – 2% of Principal Outstanding

Business Loan EMI Calculator Deoria

Business Loan Deoria Contact Number

Call 9878981166 and get instant help and approval for availing of Business Loan Deoria.

Pre Calculated EMI Table for Business Loan Deoria