Business Loan in Pune

Opt for a flexible repayment tenure for an unsecured business loan that extends upto 48 months* as per your convenience to ensure that the repayment schedule does not affect your business operations. You can choose to schedule your repayments as per your cash inflow schedule to ensure that you do not run out of funds during the repayment tenure.

Fullerton India Business Loan in Pune

This is why you should consider a business loan in Pune:

1. Flexible Loan Repayment Tenure
   Opt for a flexible repayment tenure for an unsecured business loan that extends upto 48 months* as per your convenience to ensure that the repayment schedule does not affect your business operations. You can choose to schedule your repayments as per your cash inflow schedule to ensure that you do not run out of funds during the repayment tenure.     
2. Pre-Approved offers
   As an existing customer of Fullerton India, you can opt for top-up loans and pre-approved offers to cater to the growing requirements of your business.           
3. Quick Approval and Disbursal
   To ensure that you can keep pace with the rapidly changing business world, Fullerton ensures that your loan application is quickly processed and the funds are credited to your account soon after it is approved.     
4. Collateral-free Loans
   Avail loans up to a maximum of Rs. 50 lakhs* without pledging any assets at attractive rates of interest and low processing charges to ensure that the cost of borrowing remains competitive, allowing you to channelize your resources on building your business.
5. Online Account Access
   Log into your account and manage your loan conveniently at any time.

What Conditions do I Require to fulfil to Qualify to Apply for a Business Loan?

Loan providers are committed to providing financial solutions to help you tap business opportunities and help your business soar. The basic business loan eligibility criteria to be able to apply for a business loan is as follows:

• Applicants can be sole proprietors, partnership firms, private companies engaged in any form of trading, manufacturing or services.
• A minimum of 5 years of business experience, and engaged in the existing business for a minimum of 3 years
• Stable profits since the past 2 years, with a minimum turnover of Rs. 10 lakhs per annum and a minimum income of Rs. 2 lakhs per year.
• Applicants must be between 22 - 65 years of age.    

   
Please note that this is only the basic criteria, actual eligibility depends on a number of other parameters, including Fullerton India’s policy at the time of loan application.

What Documents do I Require to Submit while Applying for a Business Loan?

• Firms, as well as individuals desirous of applying for a loan, require to furnish a copy of their PAN card and documents to prove their identity.
• A copy of your Voter card, Driving license or passport as an address proof.
• Bank statement of the previous 6 months in addition to documents to prove your income that includes a copy of the balance sheet, profit and loss statement and computed income. This is required to be submitted after it is certified by a CA.
• Documents to prove continuity that includes a copy of the trade license, ITR, Sales tax certificate etc.
• Other business loan documents that require include documents to prove sole proprietorship/true copy of the Partnership Deed, a true copy of the Articles of Association etc. 

Please note that depending on your individual profile and requirement, additional documents may be requested.

*Terms and conditions apply.

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