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In today’s world, women entrepreneurs are leading the charge to produce innovative solutions for bringing a positive change in society. In doing so, they are showcasing their unique approach to management, organisation and solving business problems. We at Fullerton India want to be part of these inspiring stories and journeys. With customised business loans for women, loaded with a host of benefits and privileges, we are here to partner your financial needs. We hope to be with you along the way of your success in finding your financial independence, making your own decisions and leading the way for people around the country!
Women today are no longer limited to being homemakers anymore. They have the ambition and drive to work and realise their dream of starting something on their own.
This brings forth a new set of challenges, which is financing their entrepreneurial journey. This can be easily resolved with the help of a Fullerton India business loan for women.
Business loan interest rates at Fullerton India are lowest as compared to others. The rate of interest largely depends on the amount of loan requested, the tenure selected, the applicant’s profile and credit history, and their current financial status.
There is also a processing fee component which can be up to 6.5% of the loan amount. Typically, Fullerton India offers loans with a repayment period of anywhere between 12 and 48 months. If you intend to foreclose the loan, a prepayment charge may be applicable ranging between 0% to 7%.
The entrepreneurial spirit is in full bloom among women in India. However, the greatest obstacle in their path to kick starting their business journey comes down to funding. While some may have savings or be able to access financing from family and friends, in most cases, it may not be enough. This is where a business loan for women by Fullerton India enters the picture.
In order to apply for a business loan from Fullerton India, the applicant must be able to meet the minimum eligibility criteria. The business loan for women eligibility includes:
Business loans for women may be difficult to get approved because it comes with a lot of eligibility parameters that the applicant must be able to meet. However, if that stage is covered successfully, the next step involves getting together all the business loan documents that must be submitted to Fullerton India to process the loan request.
Documents required for a business loan for women include:
Unsecured financial assistance of up to 50 lakhs*
As a women entrepreneur, you can get adequate financial support to start a new business venture or boost your existing enterprise.
Preferential Interest Rates
Business loans for women are available at an extra special rate of interest*!.
We provide a safety net with an insurance cover for your loan.
No collateral required*
Business loans for women are available without the provision of any collateral*.
Flexible repayment options
Select a flexible repayment tenure upto 48 months*.
Yes, women in India can get a business loan if they are able to successfully meet the eligibility criteria and documentation required by the lender. Additionally, the lender will also take a look at the applicant’s credit profile, CIBIL score, ITR and company related documents prior to approving the business loan application.
You can easily get a business loan for women in India by placing an application with Fullerton India which offers dedicated business loans for women for up to Rs 50 lakhs at competitive interest rates starting at 17% per annum. The repayment of the loan comes with a flexible tenure of 12 to 48 months.
The minimum amount for a business loan for women at Fullerton India is Rs 50,000.
The documents required for a business loan for women include:
* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.
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