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Residents of Delhi enjoy an extraordinary lifestyle given their access to a large number of high-end and world-class facilities in the city. It is the national capital of the country which is home to many of the world’s top companies and industries. Therefore, it can be assumed that Delhi is a haven for all the job seekers, entrepreneurs and businesspersons. If you need monetary assistance for your business, and are looking for a business loan in Delhi, we at Fullerton India offer our services and the opportunity to be your financial partner.
Below provided is a list of documents to apply for a small business loan in Delhi:
Below-listed is the eligibility criteria for an unsecured business loan in Delhi:
The enterprises that seek the funds should have a minimum annual turnover of Rs. 10 lakhs. The enterprises must also have a proven track record of profits at least for the last 2 years. Also, the enterprises should have a minimal annual income (ITR) of at least Rs. 2 lakh per annum.
The rate of interest starts at 17% and can go up to 21%. We determine the applicable interest rate based on your location, business stability, net income, annual turnover and profit, current financial position, business vintage, existing monthly obligations, and other factors. With the details such as the loan tenure, amount, and interest rate, you can understand the monthly instalments to pay with the help of the business loan EMI calculator on our website. This financial tool is accessible free-of-cost and offers accurate results.
You can rely on us as a trusted business loan provider in Delhi that offers you a flexible amount of funds and tenure for repayment. Apply for Business Loan with us is easy. You can drop an online application by scrolling on the top-hand right side of the webpage. Click ‘Apply now’ and complete the loan application steps. You will have to upload the soft-copy of the necessary documents, so keep them handy.