Small Enterprise Loan
Small Enterprise Loan
-
Loan for small enterprises who require both working capital and term loan
-
Loan amount – Above ₹3 lakh up to ₹25 lakh
-
Loan tenure – Flexible loan tenure up to 5 years
-
Doorstep assistance with a Relationship Officer/Credit Manager available to service you throughout the loan processing period
-
Simplified documentation
-
Convenient repayment with EMIs issued through Standing Instructions, NACH and e-NACH
-
Rate varies from 13.00% p.a. to 21.00% p.a.
-
Processing fee – Up to 2% of the loan amount + taxes as applicable
-
EMI bounce charges:
-
₹300 plus GST per bounce for loans up to ₹10 lakh
-
₹500 plus GST per bounce for loans above ₹10 lakh
-
-
Business vintage: Minimum 2 years
-
Age
-
Minimum - 23 years
-
Maximum at loan maturity - 65 years
-
- Business KYC
- Proprietor / Partner / Company Management KYC
- Business vintage proof and business validity document (such as Trade License)
- Income proof and financial statements (ITR / GST Return)
- Residence ownership and stability proof
Note: Requisite documents may vary as per the Loan Amount
Get timely financial support for your small business
Apply for a Small Enterprise Loan from Bandhan Bank today
We will get in touch with you shortly
