GST Business Loan
Features and facilities:
- Easy and simplified product Overdraft, up to Rs 2 crore
- End to end online processing of cases, up to Rs 1 crore, with an instant in-principle sanction
- Paperless journey
- Simple assessment norms on the basis of GST returns
- Avail an Overdraft against a self-occupied residential/commercial/ industrial property
- For a requirement of more than Rs 1 crore, please contact your nearest branch or your Relationship Manager.
What are the acceptable collaterals for your loan facility?
We offer flexible collateral options and can accept self-occupied residential/commercial/ industrial property and liquid securities i.e. Fixed Deposit as collateral
What kind of companies would be eligible for the facility?
You can get working capital finance as long as you are engaged in sectors like manufacturing, service or trade and belong to any of the following segments:
- Sole proprietorship firm
- Partnership firm
- Private limited company
- Public limited company
Who can benefit from the working capital finance?
If you are a manufacturer, a service provider, a retailer/wholesaler or a trader engaged in import/export, you can apply for our Business Loan and benefit from our products and services.
What is the interest rate for your loan facility?
We offer competitive interest rates for our loan facilities. The interest for each loan is determined based on the assessment of your business profile, past track record, financial records, loan amount required and the tenure of the loan.