Know And Understand Everything About Business Loans In India. Read More About What Is SME Loans In This Blog By IIFL Finance.
Loan Type Key
business-loans
H1 Title
Business Loan: Small And Medium Enterprises Loan Blogs
Business Loan in Chennai EMI Calculator
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What is the maximum limit of a gold loan for my business?
The maximum limit for a gold loan in India is Rs. 75 lakh*.
What are the minimum eligibility criteria for taking a gold-backed business loan?
Anyone with gold jewellery or gold in any other form, such as coin, bar or biscuit, is qualified to apply. Only the gold content of the jewellery will be calculated. The candidate must fall between the ages of 18 and 60. Professionals, self-employed people, business owners, and other people can get loans against gold.
How to get a business loan in Chennai?
Different lenders have different requirements. However, a majority of them expect you to fulfil the following eligibility criteria:
- Your business should be functioning for at least two years
- A CA should audit the business' past two years
- Your credit/ CIBIL score should be more than 650
- Your business should not be blacklisted
Business Loan in Chennai
Business Loan in Chennai
Chennai has a thriving business environment that has attracted numerous industries and multinational corporations.
Paperless
process
No collateral
needed
How much is the interest rate on business loans in Pune?
The interest rates on business loans in Pune range between 11.25% - 33.75% p.a.
How long does it take to get a business loan in Pune?
When you take a business loan in Pune with IIFL Finance, it takes less than 30 minutes to get approved and 48 hours to disburse.
Are there any charges other than the interest rate that I have to pay to avail of the loan in Pune?
Yes. There are additional charges apart from the interest rate, such as loan processing charges, cheque/return charges, prepayment charges, etc.