Lending

What is the minimum and maximum loan amount I can apply?
We provide Business Loans ranging from a minimum of ₹10,000 to a maximum of ₹10,00,000 depending on your eligibility.
Mon, 13 Jun, 2022 at 1:24 PM
What are the loan tenure options available?
You have the flexibility to choose the loan tenure and repayment ranging from 9 months to 5 years.
Mon, 13 Jun, 2022 at 1:24 PM
What are the interest rates for Business Loan?
You get an attractive Annual Percentage Rate ranging from 11.75% to 25.75% depending on your eligibility.
Mon, 13 Jun, 2022 at 1:24 PM
Is the interest rate, fixed or floating?
We offer a reducing rate of interest.
Mon, 13 Jun, 2022 at 1:24 PM
How is business loan EMI calculated?
If you avail a loan of ₹ 3,00,000 for a tenure of 12 months at 18% p.a. interest rate & and processing fee at 2%, the loan EMI will be ₹ 27,504 and the ...
Mon, 13 Jun, 2022 at 1:24 PM
How long will it take for my business loan to be approved?
Your loan can be disbursed as fast as 48 hours post receipt of all required documents.
Mon, 13 Jun, 2022 at 1:24 PM
What is the mode of EMI repayment?
 You can repay your EMI through Electronic Clearance Service (ECS) or Direct Debit facilities.
Mon, 13 Jun, 2022 at 1:25 PM
Can I prepay/foreclose my business loan?
Yes, you can choose to repay your loan anytime with applicable foreclosure charges.
Mon, 13 Jun, 2022 at 1:25 PM
Is part-prepayment allowed?
Part prepayment is not allowed. The business loan has to either be prepaid in full or serviced for the contracted tenure.
Mon, 13 Jun, 2022 at 1:25 PM
Are there any additional charges applicable?
A processing fee up to 2% of the loan amount is payable and same will be deducted from the loan amount at the time of disbursal.
Mon, 13 Jun, 2022 at 1:25 PM