Best Banks for Business Loan Pudukkottai
1% - 2.5% of the Loan Amt
Business Loan in Pudukkottai Features
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The loan amount ranges from Rs 50,000 to one crore. -
It is a hassle-free loan with no collateral or guarantee necessary.
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You can easily pay back the entire amount of the loan with simple EMIs.
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This includes clear procedures and quick approvals for loans.
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Company Loan Shimoga is a trouble-free loan with no collateral or guarantee necessary.
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You can easily pay back the entire amount of the loan with simple EMI.
Business Loan in Pudukkottai Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Business Loan in Pudukkottai Documents Required
Salaried Customers:
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PAN Card of the individual making use of the loan from the company.
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Residence Proof required for loans (Owned / Rented / Company provided).
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Passport-sized pictures-2.
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Identity evidence required by the Business Loan (Aadhar Card / Driving License / Voter I d)
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The applicant‘s payslips for the last three months are also required.
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Bank statements of the person applying for a loan for the previous 6 months.
*NOTE: In case of rented houses, rent agreement needs to be attached.
Self-Employed Customers:
- Aadhar Card
- Residence verification( 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 Pudukkottai Eligibility Criteria
Salaried Applicants
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It should also note the applicant’s job position.
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The lowest salary of INR 25,000 per month should also be for a borrower.
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An individual should have a minimum age of 21 years and a maximum age of 60 years.
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Job experience of the three years and the payroll should also be earned in their accounts only.
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Candidates must have an outstanding history of credit.
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 a least of 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 least age for an independent person 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 from the prior three years continuously.
How to Apply for Business Loan in Pudukkottai?
- Visit our website Dialabank
- Go to the loan part on the page and click on the Business loan section.
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The borrower will provide you with all the details of the business loan, where they can pick their favored 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 Pudukkottai
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 Pudukkottai
Business Loan Pudukkottai Contact Number
Call 9878981166 and get instant help and approval for availing Business Loan Pudukkottai.
Pre Calculated EMI Table for Business Loan Pudukkottai
FAQs About Business Loan Pudukkottai
✅ What are the minimum and maximum loan amounts I can get as a business loan Pudukkottai?
The minimum loan amount offered in a business loan Pudukkottai is Rs. 5,000 and the maximum loan amount can extend up to Rs. 2 crores, depending on the requirements and eligibility.
✅ What is the age limit of availing a business loan Pudukkottai?
The age limit is usually 21-65 years for availing of a business loan Pudukkottai.
✅ What is the tenure period for business loan Pudukkottai repayment?
You can repay the Pudukkottai loan amount in a minimum of 12 months and a maximum of up to 5 years, depending on the respective bank or NBFC. Some institutes in Pudukkottai may even extend the tenure period.
