Members Business Loan
Business loan can be availed for purchase of assets, business expansion, working capital requirements etc..
Documents Required
One of the most common ways to raise capital for your business is to take a business loan. A loan is also a better source of capital for a profitable business in comparison with the share capital as you can have better leverage. You enjoy the surplus of the rate of return over the interest you pay for the borrowings.
Required documents are:
- ID and Address proof
- shop license
- GST and 6 months bank statement
Who Can Apply
- Co-applicant/ Guarantor Spouse or Close blood relative as co-applicant
*terms & conditions apply
Minimum Amount
Loan Amount 10,000 – 7 Lakh
Deposit Tenure
100 days