70 likes | 85 Views
RBL Bank offers best personal loan in India. RBL Bank business loan available at 18% from 10 lakh upto 35 lakh. The tenure available in RBL Bank business loan is 12 to 36 months. No need of any collateral. Only basic documents required.<br>https://www.afinoz.com/rbl-bank/business-loan
E N D
www.afinoz.com RBL Bank Business Loan
RBL Bank offers multiple business loans to cater to specific financial needs of different businesses. Facilities offered by the bank include working capital loan, term loan and non-fund based financial help. RBL Bank business loans are available at competitive interest rates starting from 18% p.a. to address the financial needs of small businesses. Description
Here are the key features of RBL Bank business loan: Flexible business loan amount from Rs. 10 lakh up to Rs. 35 lakh. Flexible and convenient loan repayment tenure of 12 to 36 months. Collateral-free and unsecured business loan. Convenient repayment in the form of Equated Monthly Instalments (EMI) depending on the loan amount, loan tenure and interest rate applicable. Features & Benefits of RBL Bank business loan
While applying for RBL Bank business loan, applicants will need to meet the following eligibility criteria to qualify for the loan. Age of the applicant applying for the loan should be between minimum 27 years at the time of application and maximum 65 years at loan maturity. The business should be operable for a minimum of 5 years in the same line with at least 3 years of business establishment and operation in the same city. For self-employed professionals, minimum 4 years of post-qualification experience is needed. The minimum turnover required for the businesses is Rs. 1 crore for professionals and service sector. The gross receipts of applicants should be at least Rs. 60 lakhs. The applicant should be the owner of the residence or must own office in his name or jointly with family members or resides in the property owned by an immediate member of this family. Eligibility Criteria for RBL Bank business loan
PAN Card of individuals/ company/ partnership firm Identity proof: Any one of Voter ID / Driving License / Passport / Aadhar Card Address proof: Any one of Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement Business residence proof: Either residence or office either in the name of applicant or jointly with family members Business continuity proof: One of the following documents - Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed – dated 5 years old The business plan or letter stating end-use of the business loan funds on business letterhead. Passport size photographs of applicant(s) and co-applicant(s) Documents Required for RBL Bank business loan