Business Loan Roorkee

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Best Banks for Business Loan in Roorkee

Feature
HDFC Bank
ICICI Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
12%
Min Loan Amt
Metro : 75000 & Non Metro: 50000
50000
100000
Max Loan Amt
50 Lacs
50 Lacs
1 Cr
Loan Tenure
1 - 5 Years
1 - 5 Years
1 - 5 Years
Processing Fee
0.25% - 2% of the Loan Amt

1% - 2.5% of the Loan Amt

0.5% - 2% of the Loan Amt
Preclosure Charges
2%, Nil foreclosure charges after 12 months
2%, Nil foreclosure charges after 24 months
Nil
Overdraft Facility
No
No
Yes

Business Loan in Roorkee FeaturesBusiness Loan Roorkee

  • Company Loan Roorkee without any protection provides an Overdraft service.
  • Attractive Interest Rate @10,45 percent p.a.
  • For the first six months after the setting of the cap, no foreclosure/part closing is authorized.
  • Accessible with a loan of up to Rs. Without any protection, forty lakhs (up to Rs. 50 lakhs in some chosen areas).
  • Tenure from 12-48 months.
  • Online or at any location, check your Company Development Loan eligibility in just 60 seconds.
  • Loans can be charged on the basis of past mortgage loan contributions, vehicle loans, and credit cards.

Business Loan in Roorkee Interest Rates

Bank
Processing Fee
Prepayment Charges
HDFC Bank Personal Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 3 months
Axis Bank Personal Loan
0.50% to 1.50%
Nil
ICICI Bank Personal Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 9 months
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Personal Loan
Nil
Nil
Muthoot Personal Loan
Nil
Nil
Manappauram Personal Loan
Nil
Nil
PNB Personal Loan
0.70% to 1%
Nil
Canara Bank Personal Loan
1%
Nil
Andhra Bank Personal Loan
Nil
Nil

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Business Loan in Roorkee Documents Required

Salaried Customers:

  • PAN Card of the individual utilizing the loan from the firm.
  • Residence Evidence required for loans (Owned / Rented / Company supplied).
  • Payslips for the last three months is also required for the applicant.
  • The passport-sized pictures-2.
  • The Business Loan Roorkee(Aadhar Card / Driving License / Voter Id) needs identity verification.
  • Bank statements of the person seeking the loan for the previous 6 months.

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

Self-Employed Customers:

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

Business Loan in Roorkee 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.
  • Candidates must have an excellent credit history.
  • 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.

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 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 annual income of the applicants should be a least of Rs 2.5 lakh.
  • The company should be running from the prior three years continuously.

How to Apply for Business Loan in Roorkee?

  1. Visit our website Dialabank
  2. Go to the loan portion of the website and press the segment on Company Loan.
  3. The specifics of the business loan will be presented to you by the borrower where, according to their requirements, they will pick their preferred city.
  4. For more information on Business loans and free administration, you may call on 9878981166.

Processing Fees / Prepayment Charges on Business Loan in Roorkee

For the processing of your loan applications, each bank and NBFC charges a fee. Processing fees paid on Business Loan Roorkee by the bank or NBFCs are up to 2.50 percent of the amount of the loan.

Every financing firm charge you a penal advance payment fee for the loan term negotiated in advance if you close the loan prior to the approved loan duration in the documents. In most cases, the loan will not be repaid until 12 months from the date of the loan’s availability. The payments often vary based on how many years the loan has been through. The pre-payment fees are listed 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 Roorkee

Business Loan Roorkee Contact Number

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

Pre Calculated EMI Table for Business Loan Roorkee

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

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