Business Loan in Jamkhandi Interest Rates

Business Loan in Jamkhandi Documents Required

Salaried Customers:

• PAN Card of the individual making use of the loan from the company.
• The applicant’s payslips for the last three months are also required.
• Residence Proof required for loans (Owned / Rented / Company provided).
• Passport-sized pictures-2.
• Bank statements of the person applying for a loan for the previous 6 months.
• Identity evidence required by the Business Loan (Aadhar Card / Driving License / Voter I d)

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

Self-Employed Customers:

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

Business Loan in Jamkhandi Eligibility Criteria

Salaried Applicants:

• The applicant’s work status should also be noted.
• A borrower should also have the lowest salary of INR 25,000 per month.
• A person should have a minimum age of 21 and a maximum age of 60.
• The three years of work experience and the payroll should also only be received in their accounts.
• Applicants must have an outstanding credit record

Self-Employed Applicants:

• The credit score of the individual candidates should be fair, and there should not be any debt or dues left of the individual.
• The company should be running for the prior three years continuously.
• The whole documentation method of the Business loan is that the applicants have to present their financial and bank statements of the previous three months.
• The applicants asking for the Business loan should need to have a file of ITR for the last three years.
• The least age for an independent person should be 25 years.
• The annual income of the applicants should be the least Rs 2.5 lakh.

How to Apply for Business Loan in Jamkhandi?

1. Visit our website Dialabank
2. Go to the loan part on the page and click on the Business loan section.
3. The borrower will provide you with all the details of the business loan, where they can pick their favoured 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 Jamkhandi

For the processing of your loan request, every bank and NBFC charges a fee. Up to 2.50 per cent of the loan, the sum is transaction fees paid by the bank or NBFCs on Business Loan Jamkhandi.

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 Jamkhandi

Business Loan Jamkhandi Contact Number

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

Pre Calculated EMI Table for Business Loan Jamkhandi