Best Banks for Business Loan in Kalol
1% - 2.5% of the Loan Amt
Business Loan in Kalol Features
- Business Loan Kalol provides an Overdraft facility without any security.
- The loans are available up to Rs. Forty lakhs (up to Rs. 50 lakhs in some selected areas) without any security.
- The tenure is ranging from 12-48 months.
- Business Loan in Kalol is available at an attractive Rate of Interest @10.45% p.a.
- You can review your Business Growth Loan eligibility online or at any office in just 60 seconds.
- Loans will be paid based on the previous payment of home loans, auto loans, and credit cards.
Business Loan in Kalol Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Business Loan in Kalol Documents Required
Salaried Customers:
- PAN Card of the person availing the Business loan.
- Residence Proof required (Owned/Rented/Company provided) for loans.
- Two passport-sized photographs
- Identity proof needed by the Business loan Kalol (Aadhar card/driving license/Voter Id)
- Payslips of the last three months of the candidate is also required.
- Bank statements for the previous six months of the person who is asking for a loan.
*NOTE: In the case of rented houses, a rent agreement needs to be attached.
Self-Employed Customers:
- Aadhar Card as identity proof.
- Residence verification( Current and Permanent) is required for applying.
- Two passport-sized photos
- All financial documents are required of the customer(Balance Sheet, P&L Statement as well as ITR files).
- PAN Card is compulsory for applying.
Business Loan in Kalol Eligibility Criteria
Salaried Applicants:
- The job position of the candidate should be notified.
- The minimum income of the applicant should be INR 25,000 per month.
- The minimum age of the body should be 21 years and a maximum of 60 years.
- Work experience of the three years and the payroll should also be received in their accounts only.
- Candidates must have an excellent credit history.
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 the Business loan Kalol is that the applicants have to present their financial and bank statements of the previous three months.
- The least age of the applicant should be 25 years.
- The applicants asking for the Business loan should need to have a file of ITR for the last three years.
- The company should be running for the prior three years continuously.
How to Apply for Business Loan in Kalol?
- Visit our website Dialabank
- Go to the loan part on the page and click on the Business loan section.
- The applicant will address you all the details of the Business loan Kalol, and also they can choose their favoured city, according to their needs.
- For more information on Business loans and free administration, you may call on 9878981166.
Processing Fees / Prepayment Charges on Business Loan in Kalol
Every Bank and NBFC charges a fee for processing your loan request. Processing Fees charged by the Bank or NBFCs on Business Loan Kalol 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 Kalol
Business Loan Kalol Contact Number
Call 9878981166 and get instant help and approval for availing of Business Loan Kalol.
Pre Calculated EMI Table for Business Loan Kalol
