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  #1  
Old 10-25-2017, 02:58 AM
capitaworld capitaworld is offline
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Default How to get a business loan in India?

BUSINESS LOAN

The range of interest rate is in between 10-20%. Each bank has different criteria for approving of the business loan. Based on customer income, business activity, type of business, CIBIL score etc final eligibility is calculated.

You should compare Processing Fee, Per Month's EMI, Prepayment Charges, and Foreclosure Charges etc before availing a loan.

FACTORS AFFECT FINAL ELIGIBILITY
  • Collateral
  • Credit Score
  • Time in Business
  • Monthly Revenue
If you have any query, you can get free advice for car loans from us.

Visit: CapitaWorld dot com
CapitaWorld Platform
Ahmedabad
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  #2  
Old 10-25-2017, 04:23 PM
Vasu Dev Vasu Dev is offline
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Default Re: How to get a business loan in India?

its not a hard process in india. you can get business loan with respect your CIBIL Score
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Old 10-31-2017, 09:31 AM
Banknomics Banknomics is offline
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Location: 56, Akashneem Marg, DLF Phase 2,Guragaon, Haryana, India
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Smile Re: How to get a business loan in India?

Starting a business with business loan is not a big deal anymore, but it’s important to understand the key features of business loan and application process as well.

Process of Business Loan:

Here is the step by step process of getting a business loan easily:

•Clarify the reason behind your business and also amount for which you are Appling.
•Judge your needs and decide the actual amount for your business. At the start level small businesses never ask for a big budget and banks also never allow such kinds of loan amount.
•After all of this review your CIBIL Score and credit History. Bank and other lenders check the CIBIL score and credit history to judge the applicant.
•List out the best Banks and NBFCs available in the market. Make a research on the lenders which provide best business loan at low-interest rate and fulfill your business needs.
•Loan Documentation or Loan application package. Provide detailed Information of your business and yourself as well for a successful loan approval.
•At last the final step is waiting for the response of the Bank. Normally it takes two to four weeks. It may be possible that the lender asks for some additional documents later.
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Old 11-08-2017, 03:30 AM
tedsmith tedsmith is offline
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Default Re: How to get a business loan in India?

Check you CIBIL score then apply.
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  #5  
Old 11-17-2017, 01:44 AM
Sivampatel Sivampatel is offline
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Default Re: How to get a business loan in India?

Business loans for small enterprises have higher availability in the market from alternative and traditional lenders. These loans can help in the growth of business, development, funding new research, hiring new people, marketing efforts, enhancing sales and expansion into new territories. You can instant loan at MyFundBucket .
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  #6  
Old 11-22-2017, 08:24 AM
pritiparkar94 pritiparkar94 is offline
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Default Re: How to get a business loan in India?

I started a business a year ago which is still doing fine. I was helped by a financial institution which provides to them who wants to start their own business.
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