business loan

A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest.

Tell us about your business loan. We'll listen And then work with you to make sure you've got

Business loan Eligibility

  • Business Tenure: Minimum 1 year or above
  • Minimum Annual Tenure: Rs. 12Lakh or Above for existing enterprises

 

Documents required

When applying for a business loan you will need to submit the following documents.

  • KYC documents of the applicants, including pan card, passport/Pan card/Aadhaar card/Driving license/Utility bills(water, electricity bills).
  • Last 1year bank statement.
  • Copy of non-collateral overdraft, if any
  • Copy of business incorporation
  • Any other documents by the lender

 

Which business loan is right for you?

Loans against property

A loan against property(LAP) is a secured loan that is sanctioned against the asset pledged as collateral. This asset can either be owned

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Home Loans

A home loan is a secured loan that is obtained to purchase a property by offering it as collateral. Home loans offer high-value funding at economical interest rates and for long tenors. They are repaid

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New Vehicle Loans

Auto loans are secured loans where the vehicle itself is used as collateral. It is offered by lenders for new cars, used cars, two-wheelers (generally

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Used Vehicle Loans

Used Vehicle loans are provided at attractive interest rates and come with a repayment tenure of up to 7 years. Certain lenders provide loans of

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Save 30% on your every business loan policy from froturance

Since 1914, the New York Mutual Insurance Company has been serving policyholders protecting businesses

Very helpful fully explaining the different plans. Cash value is accessed via loans, which accrue interest and reduce cash value our valuable items.

Maria Marlin Retired Govt Officer, ON, Canada

Very helpful fully explaining the different plans. Cash value is accessed via loans, which accrue interest and reduce cash value our valuable items.

Maria Marlin Retired Govt Officer, ON, Canada

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

    Serving the interests of our clients. Personalized support and relationships matter to us. Because we are owned by banks, we are empowered to deliver top-notch support and services able to add on additional.

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    Since 1914, the New York Mutual Insurance Company has been serving policyholders – protecting businesses, mitigating losses, defending claims. Renters .