Bangalore has made its mark among the most mature and high-potential markets in the world. This city has multiple names like ‘The Silicon Valley of India’, ‘The startup capital of India’, and ‘The technology hub’, to name a few. Almost all the fortune 500 companies have set a base in Bangalore. New businesses in the field of technology, e-commerce, and fintech have an abundance of opportunities in Bangalore. Hence it is understandable that a business loan in Bangalore is something that would be in demand by a number of residents.

Fullerton India believes in your business dreams and provides smart financial solutions to help you achieve them. Hence a Fullerton India business loan can add tremendous value to your business plans through its many benefits such as attractive business loan interest rates, flexible repayment tenures, generous loan amount with no collateral, and many more. Fullerton India offers up to Rs. 5,00,000* without any collateral at an attractive interest rate in the range of 17-21%. The loan repayment tenure can range between 12 months to 60 months.

Fullerton India offers business loan in Bangalore with the following benefits:

  1. Loans upto INR 50 lakhs*: Fullerton India offers attractive loan amounts as per your eligibility to meet your business needs.
  2. Flexible Repayment Tenure: You can easily repay your loan within tenures from 12 months to 60 months.
  3. Simple Documentation: Enjoy our hassle free documentation process and get the funds you need.

Business Loan Eligibility

Here are some of the basic criteria for a business loan in Bangalore from Fullerton India:

  1. Fullerton India offers business loans self-employed individuals, proprietors, private limited companies & partnership firms from any industry. 
  2. As an individual, you need to have association with the current business for a minimum of 3 years, in addition to a total of 5 years of business experience. 
  3. The minimum age should be at least 22 years of age and the maximum of 65 years at the time of maturity. 
  4. Enterprises which are making profits for 2 years and with a minimum turnover of Rs. 1,000,000 are eligible. 
  5. Minimum annual income of Rs. 200,000 per year.

There are additional parameters like CIBIL score, your tax payment record, bank balance, credit utilization ratio, credit history, etc. Based on an assessment of all these, your final eligibility will be determined.

Maximum Business Loan Amount

Our business loan eligibility calculator can provide an estimate of how much loan you are eligible for based on a few basic parameters like location, age, annual profit after tax, and your net current EMIs. You can vary the rate of interest and tenure to get an indicative amount of your maximum loan eligibility.

Business Loan EMI Calculator

A loan calculator helps you plan your monthly outflow constructively in a few seconds. Our business loan EMI calculator is extremely easy to use. You just need to enter your preferred tenure, rate of interest, and total loan amount. You will get your monthly outflow. This will give you a clear picture of what your monthly expenses could be like.

Business Loan Documentation

Our basic business loan documentation includes the following:

  1. Proof of identity (PAN card)
  2. Proof of address
  3. Bank statements for the last six months
  4. Latest ITR (past 2 years)
  5. Audited financials such as income statements, balance sheet, profit and loss statements etc. for the past two years
  6. Proof of business establishment

Please note that this is a basic list. There could be additional documents that may be required depending on your individual profile and eligibility. After successful verification checks and loan approval, you will receive the funds in your account.

Apply online today for a Fullerton India business loan in Bangalore and take one step towards your goals.

Apply for Business Loan  

Contact Us

Address:

First Floor, #820, RNS Reddy Complex, 14th Cross, JSS Circle, Jayanagar 7th Block, Bangalore - 560082, Karnataka

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:00 AM to 7:00 PM (except Sundays and public holidays).

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