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NBFC Business Loan Criteria for Small Business:
Minimum 1 Year IT Return
Minimum 1 Year Business Stability
Age : 21 Years or above
NBFC Business Loan Criteria for Audited Business:
1 Crore Plus Yearly Turnover
Minimum 2 Year Audited Report
Age : 21 Years or above
Loan tenure ranging from a minimum of 3 months to a maximum of 72 months with Annual Interest Rates between 11% - 35%. Processing fee up to 2%. For Example: Considering a business loan of Rs.1,00,000 availed at 11.5% interest rate for a tenure of 6 years with 2% processing fee, the APR will be 12.26%. *T&C Apply. All these numbers are tentative/indicative, the final loan specifics may vary depending upon the customer profile and NBFCs' criteria, rules & regulations, and terms & conditions. Company Registered Address: 2 Floor, Saymsundar Complex Swaminarayan Nagar soc,katargam, Surat, Gujarat, India - 395004