| Business loan is an unsecured loan offered
to self-employed individuals including proprietors, partnership,
private, public ltd cos. on the basis of their turnover
& ITR filed for last two years. |
|
|
It's
unsecured, so No Collateral required
Loan in the form of overdraft or term
loan
Interest only on the amount utilized
Flexibility to pay minimum amount
Faster sanction
|
|
We understand that expanding and
growing your business to the heights of success is a dream
of every entrepreneur like you. At times, to fuel this
growth, your enterprise would require urgent finance.
At such times, an overdraft against your investments would
be just the right option for you. You need not liquidate
your precious, farsighted investments and at the same
time, meet the financial needs of the present.
Amount |
| From Rs.10 Lakhs
to 3 Crores |
|
| |
Interest Calculation
method |
| Interest charged on
a monthly basis on the actual amount utilized |
|
| |
Ownership |
| The facility can be granted
to the company / partnership / proprietorship
against the security of units held in the
name of the firm or director / partner / proprietor |
|
| |
|
|