Business Loan Delhi

Business Loan that is not secured by property such as land, commercial and residence property called an unsecured loan. As an unsecured loan has no link with the personal assets, so we suggest that an unsecured business loan is the fruitful one for any business person or companies. The lender takes more risk while offering this type of loan.


At Delhiloanbazaar we provide you an option to release your nice home from your business loan. A question arises. Will your business qualify? As it is not secured by collateral, it is approved on your credit rating and previous financial history. If your business suffers a bad credit or has a poor credit history here our experts will guide you to move on every step.

What type of business loan is suitable for small business owners? Large companies have assets, so they can opt for secured business loan while small companies or business runners should opt for unsecured one. Business cash advance is an alternative to the small business owners as its repayment is flexible.

Unsecured business loan is offered to

  • Sole Proprietors / Proprietorship firms
  • Partnership Firms
  • Pvt. Ltd. Companies
  • Professionals

Get your loan quickly here. Forget about the formalities you have to deal with the banking professionals of any institutions and funds. We have associate partners and offer loans to our clientele who want to grow up in their business. Our loan consultants will check your difficulties to get the commercial business loan from the most fast-growing lenders in the industry. Our associate partners are ICICI Bank, HDFC, Axis, Kotak Mahindra and SCB. You can opt for any institution that you choose.

Benefits:

  • *Wide range of product to choose.
  • *Doorstep service at your comfort.
  • *Zero charges – No extra charges, fees or commissions to you.
  • *Simple procedure, minimal documentation and quick approval.
  • *Attractive interest rates.
  • *Expert advice on your needs and suitability.
  • *Provide transparency and rapid decision making, with no confusion.
  • *Compare prices and Features of various banks/ insurers.
  • *Calculate your Emi , Eligibility , Life cover and so on.
  • *Provide comprehensive choice than any of our competitors.
  • *Quick and transparent processing.

Eligibility

Every customer’s eligibility is different. Access your eligibility with our simple calculator.

  • *To qualify for a loan you must be An Indian resident.
  • * You must be at least 24 years of age at the commencement of the loan.
  • * The loan must terminate before or at 65 years of age.
  • * You must be self-employed or professionals with a regular source of income.

Documents

Self Employed Properitor

  • Application form with photograph signed by applicant
  • Identity, residence and age proof
  • Vat registration copy
  • PAN card copy of the applicant Proof of business existence Co Profile
  • Last 3 years Income Tax Returns with computation of Income
  • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
  • Last 6 months bank statements
  • Working loan and limit details with sention letter

Self Employed Partnership

  • Application form with photograph signed by applicant
  • Identity, residence and age proof
  • Vat registration copy
  • PAN card copy of company and partners
  • Partneship deed copy Co Profile
  • Last 3 years Income Tax Returns with computation of Income
  • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
  • Last 6 months bank statements
  • Working loan and limit details with sention letter

Self Employed Pvt Ltd

  • Application form with photograph signed by all directors
  • Identity, residence and age proof
  • Vat registration copy
  • PAN card copy of company and directors
  • Mao Co Profile
  • Last 3 years Income Tax Returns with computation of Income
  • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account
  • Last 6 months bank statements (self and business)
  • Working loan and limit details with sention letter
Banks/Rates Business Loan Interest Rates
Self employed Processing Fees
Negotiable
ICICI Bank 18% to 20% 2%
HDFC Bank 17% to 19% 2%
Kotak Bank 17% to 20% 2%
Tata 18% to 20% 2%
Fullerton India 19% to 26% 2%
Bajaj Finserv 19% to 21% 2%
Standard Chartered Bank 18% to 21% 2%
Loan Rates are subject to change according to the bank.


Process


Step 1 – Choose the lenders.

Step 2 – Determine your Loan Eligibility .

Step 3 – Get ready all your required documents.

Step 4 – Apply for Loan by filling the application form with all requisite documents.

Step 5 – Verification -The lender will verify the information and documentation provided by you along with checking your credit history. The lender can also ask for additional documents.

Step 6 – After verification and credit check lender calculate your eligibility and get the loan Sanction.

Step 6 – Once loan get sentioned lender issue a loan agreement with all terms and conditions.

Step 6 – Applicant sign the loan agreement and give post-dated cheque or ecs for repayment.

Step 6 – Disbursal of loan.



Testimonials

By Deepak Kumar on November 16, 2013, 12:13 am
Very helpful details available for loan good one site

By Pankaj Sharma on June 23, 2013, 6:14 pm
I was able to understand how much Home loan i can get and what are best options- Thanks

By Simran Sharma on May 27,2013, good service

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