Business Loan Karaikudi

Best Banks for Business Loan in Karaikudi

Business Loan in Karaikudi Features

Finance is the most important part of a business. The biggest concern is to run your business smoothly and hence, a business corporate can go for Business Loan. It is an unsecured loan that can be acquired without putting any personal asset as collateral. Business Loan Karaikudi is a loan one can use for the easy advancement of his/her business.

Dialabank, a financial helpline of India, is an NBFC serving on the policies of the low rate of interest for taking the Business Loan Karaikudi and in many other places in the nation. We present before you the idea of getting financed with convenient processing of documents without any collateral requirement,

We provide Business Loan with a good framework for your business to help you experience a good status!

Business Loan in Karaikudi Interest Rates

Business Loan in Karaikudi Documents Required

Salaried Customers:

• PAN Card Copy
• Identity Verification Proof 
• Two Passport-sized photos
• Proof of Residence (Rental/ Owned) 
• Slips of pay for the last three months
• Bank statements for the previous six months

Self-Employed Customers:

• PAN Card Copy
• Aadhar Card Copy
• Two passport-sized photos
• Residence Verification Proof (Aadhar Card/ Driving License)
• Financial documents (Balance Sheet, Profit and Loss Statement and Income Tax Return records).

Business Loan in Karaikudi Eligibility Criteria

Salaried Applicants:

• Excellent credit history of the candidate is required while applying for the loan.
• The work position of the candidate should be stated while applying for the loan.
• The minimum income of INR 25,000 per month of the applicant is required to apply.
• The minimum age of twenty-one years and a maximum of sixty years to avail of the loan.
• The least job experience of three years and pay to be held in the candidate account.

Self-Employed Applicants:

• The CIBIL/ credit score should be clean with no debt or dues pending.
• The yearly earnings of the candidate should be at least Rs 2.5 lakh.
• The company should be in operation for the past three years continuously.
• The minimum age of the candidate should be 25 years when applying for a loan in your city.
• A record of Income Tax Records for the last three years is needed when applying for the loan.
• The complete documentation process requires bank and bank statements for the past three months.

How to Apply for Business Loan Karaikudi?

1. Visit the website of Dialabank.
2. Go to the loan section and click on Business Loan.
3. Fill in details appearing on the form as per your own city.

For further information and free guidance, contact us on 9878981166.

Processing Fees / Prepayment Charges on Business Loan in Karaikudi

Each Bank and NBFC charges a fee for processing your Business loan Karaikudi offer. Processing Fees charged by the Bank or NBFCs on Business Loan is charged on the amount of the loan availed by you.

If you settle your loan before the allowed loan period, every lending organisation requires you to pay a penalty payment fee for the same. Mostly, it is not allowed to end your loan before one year from the date of obtaining Hence, the charges differ depending on how many years the credit has been terminated. The Prepayment charges are explained 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 Karaikudi

Business Loan Karaikudi Contact Number

Contact 9878981166 for immediate relief and approval of your Business Loan Karaikudi or any other city.

Pre Calculated EMI Table for Business Loan Karaikudi