Best Banks for Business Loan in Sangli
1% - 2.5% of the Loan Amt
Business Loan in Sangli Features
- Business Loan Sangli gives an Overdraft facility.
- The overdraft facility is available up to Rs.5 Lac- Rs 15 Lac*(Terms & Conditions Apply).
- Avail of loans up to Rs. 40 lakhs without any security.
- Review your Business Loan eligibility online or at any branch in just 60 seconds.
- The loans are available at a @10.45% rate of interest.
- The tenure is ranging from 12-48 months.
- Tax benefits are also applicable as per laws.
- Pay the interest only on the amount you have utilized.
Business Loan in Sangli Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Business Loan in Sangli Documents Required
Salaried Customers:
- Any of the following as Identity proof:
- Aadhaar Card
- Passport
- Voter’s ID Card
- PAN Card
- Driving License
- A copy of any of the following documents as address proof:
- Aadhaar Card
- Passport
- Voter’s ID Card
- Driving License
- Two passport-sized photographs are required.
- Payslips of the last three months of the candidate is also required.
- Bank statements for the last 6 months.
*NOTE: In case of rented houses, rent agreement needs to be attached.
Self-Employed Customers:
- PAN Card is compulsory for applying.
- Aadhar Card as identity proof.
- Two passport-sized photos.
- All financial documents are required of the customer(Balance Sheet, P&L Statement as well as ITR files).
- Residence verification( Current and Permanent) is required for applying.
Business Loan in Sangli Eligibility Criteria
Salaried Applicants
- The minimum age should be:- 21 years.
- The maximum age should be:- 60 years.
- The minimum income should be:- INR 25,000 per month.
- The job position of the applicant should be mentioned.
- Candidate must have a decent credit history.
- Work experience of the three years and the payroll should also be received in their accounts only.
Self-Employed Applicants
- The minimum annual income should:- Rs 2.5 lakh.
- The minimum age should be:- 25 years.
- Individuals who have been in the current business for a minimum of 3 years are eligible.
- 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 Business loan Sangli is that the applicants have to present their financial and bank statements of the previous three months.
How to Apply for Business Loan in Sangli?
- Visit our website Dialabank
- Go to the loan part on the page and click on the Business loan section.
- The applicant will address all the details of the Business loan Sangli and also they can choose their favored city, according to their needs.
- For more information on Business loans and free administration, you may call on 9878981166.
Processing Fees / Prepayment Charges on Business Loan in Sangli
Every Bank and NBFC charges a fee for processing your loan request. Processing Fees charged by the Bank or NBFCs on Business Loan Sangli 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 Pithapuram
Business Loan Sangli Contact Number
Call 9878981166 and get instant help and approval for availing Business Loan Sangli.
Pre Calculated EMI Table for Business Loan Sangli
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