Business loans are offered by banks to SME, MSME and start-up enterprises.
The loan is used for managing cash flow or for expanding the business, etc.
Interest Rate :- 12.25% – 13.35% per annum
There is no minimum limit of loan amount, maximum loan amount up to ₹ 1 crore
Repayment term from 12 months – 5 years
Business plan, photo, application form, proof of income
Business address proof, bank statement etc.
Minimum 18 Years and Maximum 70 Years
CIBIL score above 750
MSME Toll Free Number :- 1800-123-7376