Secured by business or residential properties, Secured Business Loan is an ideal way to utilize and leverage your immovable property to its maximum potential according to your cash flows. We extend credit facilities to micro, small and medium enterprises for business expansion and growth. Being our foundational product, the process of granting these loans is relatively faster and easier in relation to banks and other micro-finance houses.
MSME Secured Business Loan
Overview :-
Tenure Up to 7 Years
Loan Amount Up to INR 50 Lakhs
ROI 17% Onwards
- Minimum & Hassle-Free Documentation
- Balance Transfer Facility
- Finance amount based on Collateral Security
- Tailored EMI Schedule Based on Your Personal Needs
- LTV Up to 75%
- Quick Processing and Fast Disbursal
- Transparency in Processing
- Multiple Disbursement
Whether you are a salaried individual, self-employed individual, partnership firm or private limited company, we have a loan designed to suit your requirement .
Salaried Individuals:
- Application form with a recent photograph
- Proof of Residence: Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card
- Proof of Identity: Any one of Voters Card / Driving License / Employers Card
- Latest Bank Statement / Passbook (where salary / income is credited for the past 6 months)
- Latest 3 Months Salary Slip with all deductions & Form 16 for the last 2 years
- Copies of all Property Documents
- Processing fee cheque
- Income Tax Returns for last 3 years
- Stamp duty & Other charges as applicable
Self Employed:
- Application form with a recent photograph
- Certified Financial Statement for the last 2 years
- Proof of Residence: Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card
- Proof of Identity: Any one of Voters Card / Driving License / Employers Card
- Proof of business existence
- Income Tax Returns for last 3 years (for self and business) duly certified by a CA
- Processing fee cheque
- Latest Bank Statement / Passbook (where salary / income is credited for the past 6 months)
- Copies of all Property Documents
- Stamp duty & Other charges as applicable