Business Loan Chandrapur

Best Banks for Business Loan in Chandrapur

Business Loan Chandrapur Features

• The business loan Chandrapur provides the overdraft without any security.
• The loan amount that can be availed without collateral is 40lakhs(50 lakhs in some particular cases).
• The duration of loans can vary from 1 to 3 years.
• Attractive Rate of Interest @10.45% p.a.
• No Foreclosure/part Closure shall be permitted during the first six months of the limit setting.
• The Business growth loan can be checked both online and offline within a time duration of 1 minute.
• Loans will be paid based on the previous payment of home loans, auto loans, and credit cards.

Business Loan in Chandrapur Interest Rates

Business Loan Chandrapur Documents Required

Salaried Customers:

• PAN Card of an applicant is required.
• Proof of residence of an applicant (Owned/Rented/Company provided) for loans.
• Two Passport-sized photos.
• Identity proof needed by the Business loan Cochin (Aadhar card/driving license/Voter Id)
• Payslips of the last three months of the candidate is also required.
• Bank statements for the previous 6 months of the person who is asking for a loan.

*NOTE: In case of rented houses, rent agreement needs to be attached.

Self-Employed Customers:

• Aadhar Card of an applicant
• Address proof( Current and Permanent) is needed for applying.
• Two passport-sized photos of the person applying for a loan.
• All financial documents are needed of the customer(Balance Sheet, P&L Statement as well as ITR files).
• PAN Card is compulsory for applying.

Business Loan in Chandrapur Eligibility Criteria

Salaried Applicants

• The job position of the applicant should also be mentioned.
• An applicant should at least earn 25000 a month.
• The minimum age of an applicant should be 21 years and a maximum of 60 years.
• Work experience of the three years and the payroll should also be received in their accounts only.
• Candidates must have an excellent credit history.

Self-Employed Applicants

• The candidate should have a good credit score and should not have any debt left.
• The annual income of the applicants should be a least of Rs 2.5 lakh.
• The bank statements of three months should be given for the documentation.
• An applicant should be 25 years for availing a loan.
• The applicants asking for the Business loan should need to have a file of ITR for the last three years.
• The company should be running from the prior three years continuously.

How to Apply for Business Loan in Chandrapur?

1. Visit our website Dialabank
2. Go to the loan part on the page and click on the Business loan section.
3. The applicant will address you all the details of the Business loan where they can choose their favored city, according to their needs.
4. For more information on Business loans and free administration, you may call on 9878981166.

Processing Fees / Prepayment Charges on Business Loan in Chandrapur

The fee charged by every bank in order to avail of a client loan is the processing fee. The processing fee for business loan Chandrapur is up to 2.50% of the loan amount.

It is possible to end the loan tenure before the fixed time but then the banks charge a pre-payment penalty fee from the customer. In most cases, you cannot settle your loan before 12 months from the date of availing the loan. Post that the charges also vary depending on how many years the credit has done. The Prepayment charges are mentioned below:

• 07-24 Months – 4% of Principal Outstanding
• 25-36 Months – 3% of Principal Outstanding
• >36 Months – 2% of Principal Outstanding

Business Loan EMI Calculator Chandrapur

Business Loan Chandrapur Agents/Broker

Dialabank is the best agent for availing Business Loan in Chandrapur.

You can simply apply online at Dialabank or give a bell at 9878981166.

Business Loan ChandrapurContact Number

Call 9878981166 and get instant help and approval for availing Business Loan Cochin.

Pre Calculated EMI Table for Business Loan Chandrapur

Major localities in Chandrapur for availing Business Loan

FAQs About Business Loan Chandrapur

✅ What are the minimum and maximum loan amounts I can get as a business loan Chandrapur?

The minimum loan amount offered in a business loan Chandrapur is Rs. 5,000 and the maximum loan amount can extend up to Rs. 2 crores, depending on the requirements and eligibility.

✅ What is the age limit of availing a business loan Chandrapur?

The age limit is usually 21-65 years for availing of a business loan Chandrapur.

✅ What is the tenure period for business loan Chandrapur repayment?

You can repay the Chandrapur loan amount in a minimum of 12 months and a maximum of up to 5 years, depending on the respective bank or NBFC. Some institutes in Chandrapur may even extend the tenure period.