Business Loan

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Transfer Loan Balance with Ease
Attractive interest rates on existing loan transfer
Flexible tenure up to 48 months to transfer your loan balance
Overdraft Facility
Enjoy Overdraft Facility without any security. Limit is set in a separate Current Account which drops monthly till the end of the tenure. Pay the interest only on the amount utilised.
Overdraft Facility up to ₹1 lakh – ₹25 lakh
No guarantor / security required
Tenure ranging from 12-48 months
Attractive rate of interest

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PAN Card: A Permanent Account Number (PAN) Card is required for the Company, Firm or Individual applying for the Business Loan.
Identity Proof (Any one): Aadhaar Card, Passport, Voter’s ID Card, PAN Card or Driving Licence.
Address Proof (Any one): Aadhaar Card, Passport, Voter’s ID Card or Driving Licence.
Bank Statement: Bank statements of the previous six months are required.
Financial Statements: Latest Income Tax Return (ITR), along with computation of income, Balance Sheet and Profit & Loss Account for the previous two years, after being CA Certified/Audited.
Proof of Continuation (Any one): Income Tax Return (ITR), Trade Licence or Establishment/Sales Tax Certificate.
Other Mandatory Documents: Sole Proprietorship Declaration, Partnership Deed, MOA & AOA or Board Resolution, as applicable.

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Interest Rate Range	9.99% to 25% per annum*
Processing Charges	Up to 2.00% of the loan amount
MSME Benefit	NIL Processing Fees for loan facility up to ₹5 lakh availed by Micro and Small Enterprises, subject to URC submission prior to disbursal.
Stamp Duty	As per applicable laws of the state