Business Loan Jodhpur

Best Banks for Business Loan in Jodhpur

Business Loan in Jodhpur Features

• Business Loan Jodhpur provides an overdraft facility without any security
• Avail maximum loan amount up to Rs. 40 lakhs ( up to Rs. 50 lakhs in some selected locations) without any security
• The attractive Rate of Interest starts at 10.45% per annum
• Loan Tenure ranging from 12 – 48 months
• No foreclosure/ part closure shall be accepted during the first 6 months of the limit setting
• No guarantor is required
• Check your Business Loan eligibility online or at any branch within 60 seconds.
• Loan disbursal depends on the previous repayment of home loans, auto loans, and credit cards.

Business Loan in Jodhpur Interest Rates

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Business Loan in Jodhpur Documents Required

Salaried Applicants:

1. PAN Card of the consumer for getting a Business Loan.
2. Residence Proof required (Owned/Rented/Company provided) for loans.
3. Two Passport-sized photographs
4. Identity proof required for the Business Loan Jodhpur (Aadhar card/driving license/Voter Id)
5. Salary slips of the last three months of the applicant are required.
6. Bank statements for the last 6 months of the applicant applying for a Business Loan.

*NOTE: In the case of rented accommodations, the rental agreement must be attached.

Self-Employed Applicants:

1. Aadhar Card is required for getting a business loan.
2. House Proof( Current and Permanent) is required for applying.
3. Two passport-sized photographs
4. All financials are required of the applicant(Balance Sheet, P&L Statement as well as ITR files).
5. PAN Card

Business Loan in Jodhpur Eligibility Criteria

Salaried Applicants:

1. The job placement of the applicant must be mentioned.
2.  A borrower must have a minimum earning of INR 25,000/month
3. The age requirement of the applicant must be a minimum of 21 years and a maximum of 65 years.
4. Work experience must be of three years and the income must be received in their accounts only.
5. Applicants should have an outstanding credit history.

Self-Employed Applicants:

1. The credit score of the applicants should be good and there must not be any debt or dues left of the candidate.
2. The yearly income of the candidates should be the least Rs 2.5 lakh.
3. The whole documentation process of the business loan is that the applicants have to present their financial and bank statements for the previous three months.
4. The minimum age for an independent person must be 25 years.
5. The applicants applying for the business loan must require to have a file of ITR for the last three years.
6. For the businessmen, the business should be functioning for the last three years constantly.

How to apply for Business Loan in Jodhpur?

1. Visit our website Dialabank
2. Go to the loan section and click on the business loan link.
3. The applicant will be directed to all the details of the business loan where they can choose their favourable city, according to their needs.
4. For more information about business loans and free assistance, you may call on 9878981166.

Processing Fees / Prepayment Charges on Business Loan in Jodhpur

Every Bank and NBFC charges a fee for processing your Business Loan application. Business Loan Jodhpur charges a processing fee of up to 2.50% of the loan amount.

If you close your loan before the agreed loan tenure period in the documents, every lending foundation charges you a penal prepayment fee for the loan duration agreed earlier. In most cases, you cannot close the loan before the duration of 12 months from the date of availing the loan. After that, the prepayment charges depend on how many years the loan has been done.

The prepayment charges on Business Loan in Jodhpur are:

• 07-24 Months – 4% of Principal Outstanding
• 25-36 Months – 3% of Principal Outstanding
• For more than 36 months, the charges up to 2% of Principal Outstanding

Business Loan EMI Calculator Jodhpur

CIBIL Score required for Business Loan Jodhpur

Every lending institution has its standard for the minimum CIBIL score required to process the Business Loan application in Jodhpur. Most foundations require a minimum score of CIBIL of 750 to process your Business Loan Jodhpur application.

Apart from the CIBIL score, the foundations check the detailed behaviour on the previous loans that you have taken. This involves the type of loan taken and the loan amount borrowed. Any late payments for previous loans can act as a hurdle to your availing of a new loan.

Business Loan Jodhpur Agents/Broker

Dialabank is the best agent for availing Business Loan in Jodhpur.

You can easily apply online for a Business Loan at Dialabank or contact us at 9878981166

Business Loan Jodhpur Contact Number

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

Pre-Calculated EMI Table for Business Loan Jodhpur

Major Localities in Jodhpur for availing Business Loan