Business Loan in Kolkata

Bengal boasts of being the third easiest state in the country to do business due to its rich resources, accessible location, and ease of living. This gives rise to a number of business opportunities. Fullerton India offers business loans in Kolkata with an array of benefits like attractive interest rates, minimal documentation, speedy processing time, no collateral, and many more. Fullerton India offers collateral-free business loans up to Rs. 5,000,000* at an interest rate as low as 17% for a flexible tenure between 12 to 60 months. 

At Fullerton India, we understand that the needs of small business owners and offer customized solutions to help you grow your business Choosing Fullerton India as your preferred business loan provider in Kolkata helps you with the right kind of financing and support you need for your business with an online application process and a customized web portal as well as a Fullerton India InstaLoan app to help you manage your account online from the comfort of your home.

Fullerton India Personal Loan offers Business Loan in West Bengal with the following Benefits:

1. Eligibility: 

Fullerton India offers business loans to self-employed individuals, proprietors, private limited companies, and partnership firms from all industries. However, as an individual, you need to be associated with the current business for at least 3 years, with a total of 5 years of business experience. 

Your minimum age should be at least 22 years of age and the maximum age 65 years during the time of maturity. 

Companies who have a minimum annual income of Rs. 200,000 per year are eligible. 

Your eligibility will also depend on additional factors like CIBIL score, tax payment records, stability in bank balances, current credit utilization ratio, your employment details, etc.

Fullerton India’s business loan eligibility calculator can provide an estimate of how much loan amount you may be eligible for. You just need to enter basic details like your location, age, net annual profit and your current EMIs. You can vary the rate of interest and tenure to get a clearer picture. 

2. Instant Approval:

You will be given an instant decision based on the information you provide in the application form. We believe in having transparent business loan eligibility criteria and minimal documentation requirements so that you can receive your funds in time. Fullerton India provides small business loans within 24 - 72 hours*.

3. Simple Documentation:

Fullerton India’s documentation for a business loan includes the following from the applicant. Please note that in the case of business entities having more than 1 director/partner, documents for all required parties will be needed:

• A completed application form with latest passport size photographs
• PAN / proof of identity
• Proof of address
• Bank statements for the last six months
• Latest ITR

The following documents are required of the business entity:

• KYC documents (PAN, address proof)
• Audited financials of the past 2 years
• Business existence proof such as trade license / establishment / sales tax certificate. 
• MSME registration certificate (if applicable)
• GST certificate (as applicable)

There could be a few more documents required depending on the nature of your business, your requirement, and Fullerton India’s policy at the time of loan application.

4. Loan Amount:

Fullerton India provides collateral-free loans up to Rs. 5,000,000*, depending on your eligibility.

If you need a larger loan amount, you can opt for a loan against property for SME.

5. Business Loan EMI Calculator:

A loan EMI calculator helps you plan your monthly outflow constructively in a few minutes. Fullerton India’s business loan EMI calculator is extremely easy to use. You have to simply enter your preferred tenure, rate of interest, and total loan amount to know your monthly EMI amount.

Apply for Business Loan