Vyapar Pragti
Minimum loan amount- 50000
Maximum loan amount- 200000
Repayment tenure- 12-24 Months
Processing fee- 03%+Gst
Rate of interest- 28-36 Reducing
Documentation charges- As Per Applicable
Insurance premium- Premium percentage depends
Minimum turnover- Minimum 02 Lakh in 06 Months
Foreclosure charges- 4%+ Applicable taxes
Bouncing Charges- 500+ Applicable taxes
Repayment Type- Monthly
Benefits of our Business Loans
1. Working Capital
2. Business Expansion Loans
Eligibility Criteria & Eligible Entities
Business Type: Proprietorships, Partnerships,LLP, Private Limited
Credit Score: 675 & Above
Age Criteria: Min. 21 years at the time of loan application & Max. 65 years at the time of loan maturity.
Business Vintage : Min. 2 year or above
Business experience: Min. 2 year, business location to remain same
Additional Criteria: Applicants must own either a residence, office
Documentation
- Bank Account Statement for the last 07 months
- Photocopy of PAN Card
- Address Proof for Residence such as Voter Card, Passport, Aadhar Card, Telephone Bill, Electricity Bill
- Address proof for Business such as the Telephone Bill or Electricity Bill
- Last Financial Year's provisional Financials and future year's projections.
- 2 photographs of promoters and property owners.
- Udhayam Aadhar registration certificate
- Business Continuity proof of 3 years (3 years old ITR/Company registration etc)
- Company PAN Card, Certificate of Incorporation, MOA, AOA, List of Directors, and Shareholding pattern for Pvt Ltd companies
- Partnership Deed, Company pan Card for Partnership Companies
