Best Banks for Business Loan Vishwanathapura
1% - 2.5% of the Loan Amt
Business Loan in Vishwanathapura Features
Company Loan Vishwanathapura without any protection provides an Overdraft service.- Availability of a loan of up to Rs. Forty lakhs (in some selected places, up to Rs. 50 lakhs) without any protection.
- Tenure for a period of 12-48 months.
- Attractive Interest Rate @10.45% p.a.
- For the first six months of the limit setting period, no foreclosure/part closing is allowed.
- In just 60 seconds, check your Company Development Loan eligibility online or at any office.
- Loans can be charged on the basis of past home loan installments, car loans, and credit cards.
Business Loan in Vishwanathapura Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Business Loan in Vishwanathapura Documents Required
Salaried Customers:
- Identity proof needed by the Business loan Vishwanathapura(Aadhar card/driving license/Voter Id)
- PAN Card of the person availing the Business loan.
- Residence Proof required (Owned/Rented/Company provided) for loans.
- Passport-sized photos–2
- 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 case of rented houses, rent agreement needs to be attached.
Self-Employed Customers:
- Aadhar Card
- Residence verification( Current and Permanent) is needed for applying.
- All financial documents are needed of the customer(Balance Sheet, P&L Statement as well as ITR files).
- PAN Card is compulsory for applying.
- Two passport-sized photos of the person applying for a loan.
Business Loan in Vishwanathapura Eligibility Criteria
Salaried Applicants
- The job position of the applicant should also be mentioned.
- The least age of the person should be 21 years and a maximum of 60 years.
- Work experience of the three years and the payroll should also be received in their accounts only.
- A borrower should also have the least income of INR 25,000 per month.
- Candidates must have an excellent credit history.
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 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 annual income of the applicants should be a least of Rs 2.5 lakh.
- The company should be running from the prior three years continuously.
How to Apply for Business Loan in Vishwanathapura?
- Visit our website Dialabank
- Go to the loan part on the page and click on the Business loan section.
- The applicant will address you all the details of the Business loan where they can choose 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 Vishwanathapura
For the processing of your loan applications, every bank and NBFC charges a fee. Vishwanathapura company loan processing fees paid by the bank or NBFCs are up to 2.50 percent of the loan volume.
Every financing firm charges you a penal prepayment fee for the loan term negotiated in advance if you close the loan prior to the approved loan duration in the agreements. In most cases, the debt will not be repaid within 12 months of the date on which the debt is used. The costs may vary based on how many years the loan has been taken out. Below are the Prepayment Charges:
- 07-24 Months – 4% of Principal Outstanding
- 25-36 Months – 3% of Principal Outstanding
- >36 Months – 2% of Principal Outstanding
Business Loan EMI Calculator Vishwanathapura
Business Loan Vishwanathapura Contact Number
Call 9878981166 and get instant help and approval for availing Business Loan Vishwanathapura.
Pre Calculated EMI Table for Business Loan Vishwanathapura
FAQs About Business Loan Vishwanathapura
✅ What are the minimum and maximum loan amounts I can get as a business loan Vishwanathapura?
The minimum loan amount offered in a business loan Vishwanathapura 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 Vishwanathapura?
The age limit is usually 21-65 years for availing of a business loan Vishwanathapura.
✅ What is the tenure period for business loan Vishwanathapura repayment?
You can repay the Vishwanathapura 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 Vishwanathapura may even extend the tenure period.
