Small Business Loan tailored to meet the needs of a small to medium scale businesses.
The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity.
Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing,Trading or Services.
Yes, you can get a Small Business Loan without any collateral or security.
The following people are eligible to apply for a Business Loan:
- Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.
- The business should have a minimum turnover of over Rs. 1 crore.
- Individuals who have been in the current business for a minimum of 2 years.