Business Loans
Purpose:
Business loans provide working capital to entrepreneurs and enterprises, helping them fund operations, expand their business, or purchase new equipment.
Benefits:
- Helps manage cash flow
- Funds can be used for expansion, hiring, marketing, or inventory
- Flexible repayment terms and structured EMI options
- Tax benefits under certain conditions
Process:
- Submit a business plan and loan application
- Share financial documents like profit/loss statements, IT returns, and bank account details
- The loan is reviewed and approved based on the financial health of the business
- Funds are disbursed within a short time frame
Eligibility:
- New or established businesses
- Minimum annual turnover as per the company's requirement
- Clean credit history
Key Features:
- Loan amounts up to ₹50,00,000 or more
- Specialized options for startups and SMEs
- Collateral-free options available