Small Ticket Business Finance

SMALL TICKET BUSINESS FINANCE (UP TO 60K)


Introduction

This product is for clients who want to start new business or who want to expand their existing business. This product is apt for your short-term business needs.

Features and Benefits

Maximum loan amount of Rs. 60,000
Tenure 19 months.
Business of stocks, machinery, working assets and book debts, without collateral

Eligibility

You should be an Indian citizen in the age group of 21-58 years.
Business stability of 3 years.
Permanence of business location of 3 years.

Fees and Charges

Processing Fees & Documentation – 3% + GST.
Insurance (Life)-Rs15.54 (Joint) (inclusive of taxes)
Insurance (Hospicash) – Rs 450 per loan tenure (inclusive of taxes)
Foreclosure Charges – As applicable.
ID Proof

Current Residence Proof

Ownership Proof

Age Proof

Bank Statement