Business Loan Latur

Best Banks for Business Loan Latur

Business Loan Latur Features

Banking and NBFC authorities remain the backbone of small and medium scale businesses in India. Business Loan Thrissur helps you expand the roots of your business in the whole industry, supporting you to invest in developments, infrastructure, and factory tools. These loans serve as a genuine medium for enjoying a good command over several business processes.

These loans allow you to balance the advantage of competing with top shot business players in the market.

Dialabank, the first financial helpline of India, is an NBFC serving a low rate of interest Business Loan Thrissur and various other cities of India. We give you a way to wealth making with superfast processing of documents and no security requirement.

We wish to regard you as a partner with a reliable framework for your business to help it enjoy a good reputation in the industry.

Business Loan Latur Interest Rates

Business Loan Latur Documents Required

Salaried Customers:

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

Self-Employed Customers:

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

Business Loan Latur Eligibility Criteria

Salaried Applicants:

• The work position of the candidate should be stated while applying.
•  The minimum income of INR 25,000 per month of the applicant is required.
• The minimum age of the applicant should be twenty-one years and a maximum of sixty years.
• The minimum job experience of three years and salary to be received in the applicant’s account.
• An excellent credit history of the candidate is required.

Self-Employed Applicants:

• The CIBIL/ credit score should be clean with no debt or dues pending.
• The yearly earnings of the candidate should be minimum of Rs 2.5 lakh.
• The complete documentation process requires financial and bank statements for the past three months.
• The minimum age of the person should be 25 years when applying for the loan.
• A file of Income Tax Records for the last three years is required when applying for the loan.
• The business should be in operation for the past three years continuously.

How to Apply for Business Loan Latur

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 respective city.

For further information, contact 9878981166.

Processing Fees / Prepayment Charges on Business Loan Latur

Every Bank and NBFC charges a fee for processing your Business loan Thrissur request. Processing Fees charged by the Bank or NBFCs on Business Loan Thrissur is up to 2.50% of the loan amount.

If you close your loan before the accepted loan tenure in the documents, then 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 been 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 Latur

Business Loan Latur Contact Number

Contact 9878981166 for instant help and approval for your Business Loan Thrissur.

Pre Calculated EMI Table for Business Loan Latur

Major localities for availing Business Loan