Develop Your Business With IndusInd Bank Business Loan | 2021
IndusInd Bank is one of the fastest-growing banking and financial institutions in India. The Induslnd Bank business loan also offers funds to a variety of new and existing MSMEs, SMEs, self-employed professionals, and other business units to support business creation, expansion, and continuity. IndusInd Bank Business Loans have become a popular choice for many business ventures due to their simplified documentation, flexible tenures, and lower business loan interest rates.
- Fast processing.
- Competitive interest rate.
- Simple documentation.
- Fast payouts.
- Reliable service.
- Continuous and consistent customer support is available.
Induslnd Bank Business Loan Interest Rate and other charges:
Particulars
|
Details |
Rate of interest
|
Ranges between 15% - 26% |
Processing fee
|
2% of the loan amount + GST |
Loan amount
|
Minimum Rs. 10 Lakhs and Maximum Rs. 50 Lakhs. |
Repayment tenure
|
12 – 36 Months. |
Induslnd Bank Business Loan Eligibility Criteria:
Age Limit
|
From 25 – 70 Years. |
Business Vintage
|
Minimum 3 years |
Property Ownership
|
Property ownership is a must. |
Minimum Turnover
|
INR 1 crore in the latest financial year. |
Profitability
|
Profitable in last 3 years |
Paid-up capital
|
Equal to or above Rs. 10 Lakhs |
Documents Required for Availing Induslnd Bank Business Loan:
- Duly filled application form with passport-size photographs.
- ID Proof: PAN Card.
- Address Proof: Utility Bills.
- Business establishment proof, GST registration certificate, last 3 years ITR.
- Business Continuity proof, partnership deed, and companies MOA, AOA certificate, copy of sales deed.
- Last 6 months Bank statements.
Induslnd Bank Business Loan Customer Care:
Customer care number
|
1860 500 5004 |
E-mail support
|
Types of Business Loan offered by Induslnd Bank:
- Working capital finance.
- Export finance.
- Term loan.
- Trade offerings.
- Unsecured Business Loans.
Conclusion:
To sum up, if you want to expand the business, then Induslnd Bank business loan is the best financial provider in the market with the Best Business Loan Interest Rate. However, you should always consider other lenders also for the same. For this Afinoz.com is there to help you to find the best lender according to your need.
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