Friends, there are so many people who want to start there own business and wants to do something big in there life. Be that as it may, companions in today's time swelling is increasing at a lot higher rate. Everything had become a lot of costly that gathering cash for beginning your own business is extremely hard. Companions you are dealing with the same issue? You also need to go into business yet you don't have the cash to do as such? Provided that this is true then you don't need to stress now. Indeed my companions in the present post I will reveal to you that how might you go into business by taking a business advance. Companions in the present post the bank which we will discuss is HDFC bank. Today we will realize that how might you apply for a business advance from HDFC bank?, what is the loan fee of HDFC bank? and a lot more things we will know in this post. So right away how about we start our post.
How Much Loan Amount We Will Get From HDFC Bank?
We can get a loan amount of up to 40 lakh from HDFC Bank.
What Is The Tenure Rate Of HDFC Bank?
We will get 12 months to 48 months’ time to repay the loan amount.
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What Is The Interest Rate Of HDFC Bank?
HDFC bank will charge an internet of 11.90%-21.35%
Documents
- Last 6 months’ bank statement
- Address Proof
- ID Proof
- Salary Proof
- Latest ITR along with computation of income, Balance Sheet, and Profit & Loss account for the previous 2 years, after being CA Certified/Audited
- Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
- Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]
Eligibility
- Minimum Age- 21 years, Maximum age-65 years
- You should be self-employed
- Your yearly turnover should be at least 40 lakh rupees
- You should have 3 years experience in current business and should have 5 years overall business experience.
- Your yearly income should be at least 1.5 lakh rupees.
Why HDFC Bank Business Loan?
- You can get a large loan amount.
- You have to pay the interest-only for the amount you have used.
- Interest rates are low.
How To Apply for HDFC Bank Business Loan?
- Login to HDFC Bank’s official website.
- Then go to the home loan option and then click on apply online.
- Then register your mobile number.
- Then fill the application form.
- Then you will get your loan amount in your bank account if you are eligible for a loan.
That’s it for today's friends. Today we came to know that how can we apply for a business loan from HDFC bank?, what is the interest rate of HDFC bank? and many more things we came to know in this post. If you liked this post then please share this post with your friends or your colleagues.