Best Banks for Business Loan Kohima
1% - 2.5% of the Loan Amt
Business Loan Kohima Features
- The amount of around 40 lakhs to 50 lakhs don’t need collateral by an individual to avail of a loan.
- The time span of a loan can be varied from three years to four years.
- Rate of Interest of 10.45% p.a.is generally provided by Dialabank
- During the first six months, no closure is permitted for the loan
- Review your Business Growth Loan eligibility online or at any office in just a minute.
- Loans will be paid based on the previous loan amount and payback of the same.
Business Loan Kohima Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Business Loan Kohima Documents Required
Salaried Customers:
- PAN Card of a candidate is required.
- Proof of residence of a candidate (Owned/Rented/Company provided) for loans.
- Two Passport-sized photos.
- Identity proof needed by the Business loan (Aadhar card/driving license/Voter Id)
- Payslips of the last three months of the candidate is also required.
- Bank statements for the previous 6 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 of an applicant
- Address proof( Current and Permanent) is needed for applying.
- Two passport-sized photos of the person applying for a loan.
- All financial documents are needed of the customer(Balance Sheet, P&L Statement as well as ITR files).
- PAN Card is compulsory for applying.
Business Loan in Kohima Eligibility Criteria
Salaried Applicants:
- The job position of the applicant should also be mentioned.
- Monthly Income required – Minimum of INR 25000.
- The minimum age of an applicant should be 21 years and a maximum of 60 years.
- Work experience of three years is required.
- The loan amount should also be received in their salary accounts only.
- Candidates must have an excellent credit score and no debts.
Self-Employed Applicants:
- The candidate should have a good credit score and should not have any debt left.
- The annual income of the applicants should be the least Rs 2.5 lakh.
- 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 minimum age of an 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 Kohima?
- Visit our website Dialabank
- Go to the loan part on the page and select on the Business loan section of the website.
- The applicant will address all the details of the Business loan where they can choose their favoured city they want to avail the loan from, according to their comforts.
- For more information on Business loans and free administration, you may call on 9878981166.
Processing Fees / Prepayment Charges on Business Loan Kohima
The fee charged by every bank in order to avail of a client loan is the processing fee. The processing fee for a business loan is generally 2.50% of the loaning out by the bank from the applicant.
If customers want to pay the remaining loan amount before the fixed tenure of time, it is also possible with a penalty charge called the prepayment charge. This is applicable to the applicants through the bank. 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 Kohima
Business Loan Kohima Agents/Broker
Dialabank is the best agent for availing Business Loan.
You can simply apply online at Dialabank or give a bell at 9878981166.
Business Loan Kohima Contact Number
Call 9878981166 and get instant help and approval for availing Business Loan.
Pre Calculated EMI Table for Business Loan Kohima
Major localities Kohima for availing Business Loan
Business Loan Nagpur | Business Loan Latur |
Business Loan Nashik | Business Loan Kolhapur |
Business Loan Nanded | Business Loan Jalna |
Business Loan Pune | Business Loan Jalgaon |