Business Loan

What is business loan?

In case of shortage of funds or financing a new venture or fund the renovation of machinery a business can avail loan from the bank. Banks loan money to businesses, which must be repaid by the borrower, called the business loan. These loans are provided only to fund business expenses and thus carry a higher interest rate.

Features of business loan:

Business loan are no hassle loan as they require minimal documentation.
A bank account and a commodity trading account
1.KYC details and PAN Card
2.Commodity Demat account as it is mandatory for all delivery-based transactions.
3.Sales Tax number (not mandatory for trading but for delivery-based transactions).

Depending on the size of the business, a maximum business loan of up to Rs. 75 Lakhs can be availed.

Business Loan

Business Loan

Business Loan

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