Business Loan Pathankot

Best Banks for Business Loan in Pathankot

Business Loan in Pathankot Features

• 
  An Overdraft facility without any protection is offered by Business Loan Pathankot. 
• Tenure for a period of 12-48 months. 
• Attractive Interest Rate @10.45% p.a. 
• For the first six months of the limit setting period, no foreclosure/part closing is allowed. 
• In just 60 seconds, check your Business Growth Loan eligibility online or at any office.

Business Loan in Pathankot Interest Rates

Business Loan in Pathankot Documents Required

Salaried Customers:

• PAN Card of the person availing the Business loan.
• Residence Proof required (Owned/Rented/Company provided) for loans.
• Passport-sized photos.
• Identity proof needed by the Business loan (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 the case of rented houses, a rent agreement needs to be attached.

Self-Employed Customers:

• Aadhar Card
• Residence verification( 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 Pathankot Eligibility Criteria

Salaried Applicants

• The job position of the applicant should also be mentioned.
• A borrower should also have the least income of INR 25,000 per month.
• The least age of the person 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 credit score of the individual candidates should be fair, and there should not be any debt or dues left of the individual.
• The annual income of the applicants should be a least of Rs 2.5 lakh.
• The whole documentation method of the Business loan is that the applicants have to present their financial and bank statements of the previous three months.
• The least age for an independent person should be 25 years.
• 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 for the prior three years continuously.

How to Apply for Business Loan in Pathankot?

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 Pathankot

Every Bank and NBFC charges a fee for processing your loan request. Processing Fees charged by the Bank or NBFCs on Business Loan Pathankot is up to 2.50% of the loan amount.

If you close your loan before the accepted loan tenure in the documents, every lending company charges you a penal prepayment fee for the loan period agreed beforehand. 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 Pathankot

Business Loan Pathankot Contact Number

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

Pre Calculated EMI Table for Business Loan Pathankot