Business Loan Kalimpong

Best Banks for Business Loan in Kalimpong

Business Loan in Kalimpong Features

• Avail of loans up to Rs. 40 lakhs without any security.
• In some selected locations, the loans are available up to 50 lakhs without any security.
• Business Loan Kalimpong provides an Overdraft facility without any security.
• The loans are available at a @10.45% rate of interest.
• You can repay your loan between 12-48 months.
• You don’t have to use your other savings to repay the loan.
• No guarantor/security is required.

Business Loan in Kalimpong Interest Rates

Business Loan in Kalimpong 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 previous 6 months.

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

Self-Employed Customers:

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

Business Loan in Kalimpong Eligibility Criteria

Salaried Applicants:

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

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 annual income of the applicants should be the least Rs 2.5 lakh.
• The whole documentation method of Business loan Kalimpong is that the applicants have to present their financial and bank statements of the previous three months.
• 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.

How to Apply for Business Loan in Kalimpong?

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 Kalimpong and also they can choose 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 Kalimpong

Every Bank and NBFC charges a fee for processing your loan request. Processing Fees charged by the Bank or NBFCs on Business Loan Kalimpong 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 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 Kalimpong

Business Loan Kalimpong Contact Number

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

Pre Calculated EMI Table for Business Loan Kalimpong