Eligibility:-
- You should be in the operational business for a minimum of 2 years.
- You should have a self owned business or residential premise.
- Minimum Income in last two financials years of Rs. 2.50 Lakh per annum.
- A good CIBIL score and credit history
Features:-
- Flexibility in prepayment charges.
- The Loan Tenure up to 10 years.
- Loan amount up to ₹ 25 lakhs.
- Quick Disbursal: within 24 Working hours after completion of documents.
Required Documents:-
- KYC documents of the applicant and the organization
- ITR – Financial documents for the last 2 years
- Bank statements for the last 12 months
- Loans or overdraft sanction letters (if any)
- VAT/ Salex tax returns for the last 12 months
- Property Papers of either Residential/Business Premises in the name of self or immediate family members.