Get quick and hassle free access to funds without dipping into your savings or liquidating your assets
Loan amount
Get up to a maximum of ₹ 5 Cr
Interest Rate
Interest Rate between 11.99% to 19.99%.
Tenure
Repay loans in easy instalments from 12 to 180months as per your repayment choice
Processing Fees
A processing fee of up to 3% of the loan amount and requisite documentation charges are applicable, and the same is deducted from the loan amount at the time of disbursal
Loan Eligibility
Borrower
Partnership firm (Including Limited Liability Partnership firms), Sole Proprietorship entity and Private Limited Companies (including closely held limited companies).
Work experience
Salaried – 3 years Self-Employed Architects – 5 years
Age
21 years of age and under 65 when the loan matures
Minimum annual income
Salaried Rs. 6,00,000/- (Gross Salary) Self-Employed Rs. 6,00,000/- (Net Profit)
Documents required
- 6 month’s salary slip (If variable components present in salary structure)
- Bank statements for the last 12 months
- Latest 2 years IT returns and computation of income (firm and individuals)
- Latest 2 years P&L statements, balance sheets (along with all the schedules) and capital account statements, certified by a C.A
- Latest 2 years audit reports
- [For self-employed : Turnover > 1,00,00,000; For self-employed professionals : Gross receipts > 25,00,000] and bank statements of the primary bank account for latest 6 months.
- Partnership deed is required.
- Shareholding pattern or memorandum and articles of association, attested by a C.A.
- List of directors