Best Banks for Business Loan in Navsari
1% - 2.5% of the Loan Amt
Business Loan in Navsari Features
- Business Loan Navsari gives an Overdraft facility.
- The loans are available up to Rs. 40 lakhs without any security.
- At some locations, the loans are available up to Rs.50 lakhs without any security.
- Business Loan Navsari gives business loans at a @10.45% rate of interest.
- Flexible tenures are available. Tenures are ranging from 12 to 48 months.
- Pay the interest only on the amount you have utilized.
Business Loan in Navsari Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Business Loan in Navsari Documents Required
Salaried Customers:
- Any of the above documents as Identity proof: Aadhaar Card, Passport, Voter’s ID Card, PAN Card, Driving License
- Any of the above documents as address proof: Aadhaar Card, Passport, Voter’s ID Card, Driving License
- Bank statements for the last 6 months.
- Payslips of the last three months of the candidate.
- Two passport-sized photographs.
*NOTE: In the case of rented houses, a rent agreement needs to be attached.
Self-Employed Customers:
- PAN Card is compulsory for applying.
- Two passport-sized photos.
- Aadhar Card as identity proof.
- Residence verification( Current and Permanent) is required for applying.
- All financial documents are required of the customer(Balance Sheet, P&L Statement as well as ITR files).
Business Loan in Navsari Eligibility Criteria
Salaried Applicants:
- The minimum age of the applicant should be 21 years and the maximum age of the applicant should be 60 years..
- The minimum income of the applicant should be INR 25,000 per month.
- The job position of the applicant should be mentioned.
- Work experience of the last three years and payroll should also be received in their accounts only.
- The applicant is required to have a good credit history profile.
Self-Employed Applicants:
- The annual income of the applicants should be the least Rs 2.5 lakh.
- The minimum age of the applicant should be 25 years.
- The credit score of the applicant should be good, and there should not be any debt or dues left of the individual.
- Individuals who have been in the current business for a minimum of 3 years are eligible.
- The whole documentation method of Business loan Navsari is that the applicants have to present their financial and bank statements for the last three months.
How to Apply for Business Loan in Navsari?
- Visit our website Dialabank
- Go to the loan part on the page and click on the Business loan section.
- The applicant will address all the details of the Business loan Navsari 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 Navsari
Every Bank and NBFC charges a fee for processing your loan request. Processing Fees charged by the Bank or NBFCs on Business Loan Navsari 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 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 Navsari
Business Loan Navsari Contact Number
Call 9878981166 and get instant help and approval for availing of Business Loan Navsari.
Major localities offering 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 |