HDFC Bank Business Loan Amravati

 

HDFC Bank Business Loan Amravati – Apply & Get Quick Business Loan Online. Check Eligibility, Documents, Interest Rates, Processing Fee, EMI Calculator, Loan Amount, Tenure.

HDFC BANK BUSINESS LOAN – GET INSTANT LOAN QUOTES ONLINE

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Located in Maharashtra, Amravati is renowned for its cultural heritage and education facilities. The business sector is also growing with cotton mills, sugar factories, thermal power plant, textile industries.

To avail the funds for these industries, take an HDFC Bank Business Loan right away in Amravati. The bank offers an array of services to its customers with multiple repayment options and loan tenures. So the wait is over, and your much-needed business loan is just a click away.

Eligibility Criteria

  • Age: An individual should be at least 21 years old and not more than 65 years old at the time of loan maturity.
  • Business Segment: Self-employed individuals, proprietors, private limited Co. and partnership firms in manufacturing, trading or services sector.
  • Income: The business should have a minimum annual income of Rs 1.5 lakh per annum.
  • Turnover: Minimum business turnover should be Rs 40 lakh.
  • Profit: Business should be making a profit in the previous two years.
  • Business Vintage: The business vintage of 3 years with 5 years of total experience in the business.

HDFC Bank Business Loan Amravati Rate of Interest

  • HDFC Bank business loan interest rates in Amravati may vary from 15.65% to 21.20%

Key Features

  • Convenient, professional assistance
  • Flexible loan tenure
  • Quick disbursal
  • Drop line overdraft facility
  • Easy loan balance transfer

Benefits

  • Renovate existing office
  • Enhance production
  • Take up bulk orders
  • Hire seasonal employees
  • Purchase equipment and latest technology
  • Maintain cash flow and inventory
  • Expand your business in Amravati

HDFC Bank Interest Rates may vary due to:

  • CIBIL Score
  • Loan Amount
  • Business turnover
  • Loan duration
  • Nature of Security offered by Borrower

HDFC Bank Business Loan Amravati EMI Calculator

The business loan can be repaid through EMI (Equated Monthly Instalments). This EMI calculator will help you to know the exact monthly instalment after you successfully enter the loan amount, duration and interest rate. Knowing the EMI beforehand helps you to plan your monthly expenses accordingly.

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Loan Amount

  • Minimum: Rs 50,000
  • Maximum: Rs 50 Lakh

Security or Collateral Required

Repayment Period

  • 12 to 48 months

Repayment Mode

  • Equal Monthly Instalments (EMIs)/ Post Dated Cheques (PDCs)/ Electronic Clearing System (ECS)

HDFC Bank Business Loan Amravati Documents Required

  • Identity Proof: Aadhar card/Passport/PAN card/Driving license/Voter’s ID
  • Address Proof: Aadhar card/Passport/Driving license/Voter’s ID
  • Income Proof
  • PAN Card: For Company/Firm/Individual
  • Proof of Continuation: (ITR/Trade license/Establishment/Sales Tax Certificate)
  • Bank Statement: Last 6 months
  • Income Tax Return: Last 2 years
  • CA audited financials
  • Business Ownership Proof
  • Sole Proprietary Declaration/Certified Copy of Partnership Deed
  • Certified true copy of Memorandum & Articles of Association (Director certified) & Board resolution (original)

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