Business Loan in chennai

Check Business Loan Interest Rates of all major banks of chennai Instantly

Bank NameFloating Interest RateProcessing Fee
Bank of baroda 14.10% per annumupto 1%
Federal Bank 8.9% to 14%upto 3% of the loan amount
IndusInd bank 14.00% per annum2.50%
Neo Growth 18% to 24%upto 2% of the loan amount
BAJAJ 18% onwardsupto 3% of loan amount
TATA CAPITAL 19 %upto 2.75% of the loan amount + GST
BAJAJ 18% onwardsupto 3% of loan amount
ICICI 16.49%upto 2% (plus applicable taxes)
FULLERTON 13% to 16% per annum.upto 2 % of the Loan Amount
Punjab National Bank Business Loan 12.6%- 15.60%1.8% + taxes
Vistaar finance 15 % to 25 %upto 2% of the loan amount
Incred Finance 18%upto 5% of the loan amount
IIFL 18 to 25% p.a.upto 3% of the loan amount
Kotak Mahindra Bank 16.00% per annumMaximum 3% of the Loan I Facility Amount (plus GST
HDB bank 13.99%upto 2% of loan amount.
RBL BANK 20.00% per annum,3% of loan amount
Lendingkart 18% to 28%upto 2% of the loan amount
Aditya birla 17.00% - 26.00%2% of the loan amount
HDFC 15.65% onwardsupto 2.50% of loan amount
Zip Loan 16 %2 %
MUFIN FINANCE 13% to 22%2% of the loan amount
AXIS 14.25% onwardsupto 2% of loan amount + applicable taxes
Prest loan 15 % to 22 %upto 3.00% of the total loan amount + Service Tax

About chennai

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Formerly known as Madras, Chennai is the capital town of the state of Tamil Nadu. It is one of the most visited Indian cities by foreign tourists and is the biggest cultural, economic, and educational centre of South India.

Chennai is also nicknamed as “The Detroit of India” having a base of one third of India’s automobile industry. It is also a major film production centre and is home to Tamil Film Industry. For many centuries the region around Chennai has served as an important military, administrative, and economic centre. Ancient coins dating to around 500 BC have been found in the excavations in the city and surrounding areas. The sculpted caves and paintings of the age old period also have been identified from that period.

About Business Loan in chennai

We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Business Loan with just a few clicks.

Now, you can compare and make a wise choice for the best Business Loan in chennai also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Choose your desired product and win amazing assured cash backs up to ₹ 5000 on loan disbursal.

Eligibility Criteria for Business Loan in chennai

No worries for strict eligibility conditions. We tie-up with all the best lenders in the chennai and help you with flexible eligibility criteria. Self-employed/professionals – hope you meet the following eligibility parameters.

  • Applicants should own a business or engaged in practice since at least 1 year
  • Self-employed applicants should be between 25 to 60 years
  • Having net monthly income of Rs. 22,000
  • Turnover of minimum Rs 20 lakhs
  • Your ITR income should be equal to or above Rs 2,50,000
  • The firm should have been incorporated at least 2 years before

Documents Required for Business Loan in chennai

We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.

  • Identity Proof – Pan Card/Driving License/Passport/Voter ID Card
  • Address Proof – Telephone or ElectrchennaiBill/Ration Card/Lease Agreement/Trade License/Sales Tax Certificate
  • Bank Statement – for the last 6 months statements
  • Mandatory Documents – Memorandum & Articles of Association/Sole Proprietorship declaration (Business Certificate)
  • Audited Financials – of last 3 years, signed by a C.A
  • IT Returns – for the last 2 years

Benefits & features of taking Business Loan in chennai

Taking a business loan is an indispensable decision in one’s life. At chennai, we have a plethora of options with added benefits. Everything is online – you don’t need to visit the bank.

Get ready to leverage the following benefits –

  1. Instant Approval – Yes. SBI, ICICI, HDFC, IIFL and other players are offering instant paperless business loan approval. Apply at Afinoz, and we will help you avail the Business Loan at best rate.
  2. High Eligibility – Within a just few minutes, we will assess your business loan eligibility and suggest you the best available options in chennai. Our process is driven by automated technologies, and we help you get low EMI business Loan
  3. Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Business Loan balance to save on money. Some lenders charge fee for a balance transfer.

Have a few clicks on our EMI Calculator and get your business loan EMI in quick time.

ICICI BANK LIMITED

About

ICICI Bank is an Indian multinational bank and financial services company. Headquartered in Mumbai, India, the bank currently has a network of ,87 branches and , 7 ATMs across India. The bank became the first Indian bank to list on the New York Stock Exchange in 000. It is India’s largest private sector bank with total consolidated assets of Rs. ,.8 billion (US$ 7. billion) as on March 08.

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Branch

CHENNAI
CHENNAI,T.NAGAR
VELACHERY MAIN ROAD
CHENNAI - MOUNT ROADá
CHENNAI - SELAIYURá
CHENNAI - EGMOREá
CHENNAI - PADIANALLURá
CHENNAI - BESANT NAGARá
CHENNAI - SOWCARPETá
CHENNAI - NANDANAMá
CHENNAI - ANNA NAGARá
CHENNAI - T. NAGARá
CHENNAI - PURASAWALKAMá
CHENNAI - WEST MAMBALAMá
CHENNAI - R H ROADá
CHENNAI - MAINá
MAHALINGAPURAM
CHENNAI - G.P.ROAD
CHENNAI ONE IT PARK
BROADWAY
THILLAI GANGA NAGAR
GUINDY
MKB NAGAR
VANAGARAM
OFFICERS COLONY PADI
M G ROAD SASTRI NAGAR
AKKARAI
VEPERY
PALAVAKKAM
ZAMIN PALLAVARAM
SANTHOME HIGH ROAD
CHENNAI MAHALAKSHMI NAGAR
PERUNGUDI
VENGAIVASAL
SHENOY NAGAR
EGMORE MONTIETH ROAD
URAPAKKAM
VALMIKI NAGAR
VALLUVARKOTTAM
ASHOK PILLAR
ROYAPETTAH
VELACHERY_JAGANATHAPURAM
VILLIVAKKAM
SIRUSERI
MAMBAKKAM MAIN ROAD
KOVILAMBAKKAM
MUDICHUR
RAMAPURAM
PORUR
NEELANKARAI
MADURAVAYOL
THIRUVOTTIYUR
PAMMAL
CHENNAI OLD WASHERMENPET
CHENNAI NORTH BOAG ROAD
CHENNAI RAMNAGAR
CHINMAYA NAGAR
ST. THOMAS MOUNT
NANDANAM
VADAPALANI
ARUMBAKKAM
MAHALINGAPURAM
GOVINDAN ROAD
KORATTUR
MYLAPORE
SAIDAPET
CHENNAI - KOLATHUR
MOGAPPAIR
PH ROAD
PERAMBURá M.H. ROAD
EKKATUTHANGAL
KOYAMBEDU
CHENNAI - T NAGAR, TAMIL NADU
CHENNAI - AYANAVARAM, TAMIL NADU
CHENNAI HARRINGTON ROAD, TAMIL NADU
CHENNAI-ASHOK NAGAR, TAMIL NADU
CHENNAI - ANNA NAGAR VI MAIN, TAMIL NADU
CHENNAI - GOPALAPURAM, TAMIL NADU
CHENNAI - MYLAPORE OLIVER ROAD, TAMIL NADU
INDIRA NAGAR - CHENNAI, TAMIL NADU
SALIGRAMAM, CHENNAI
MOGAPPAIR-CHENNAI, TAMIL NADU
TRIPLICANE - CHENNAI, TAMIL NADU
CHENNAI - CHINTHAMANI, TAMIL NADU
CHENNAI - PERUNGUDI
TIRUVANMIYUR
CHENNAI (KOTTURPURAM)
KOTTURPURAM
CHENNAI - PERAMBUR
CHENNAI - VIDYODAYA
CHENNAI - ARMENIAN STREETá
CHENNAI - PORT TRUST
CHENNAI - ANNANAGAR WEST
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SME CENTRAL OPERATIONS
CHENNAI - ASHOK NAGARá
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CHENNAI - CENOTAPH ROADá

RBL Bank Limited

About

RBL Bank (Ratnakar Bank Limited) is one of the fastest growing private sector banks in India, headquartered in Mumbai, Maharashtra. Established in August 9, currently the bank operates through a network of branches, 99 banking outlets and 9 ATMs spread across 0 Indian states and union territories. In August 99, the bank obtained Scheduled Commercial Bank status. It is listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

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Loans

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Card

Mastercard Credit Card

Insurance

Life InsuranceGeneral InsuranceHealth Insurance

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Corporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits

Branch

R A PURAM - CHENNAI
MADURAVOYAL CHENNAI
ANNA NAGAR
PARRYS CORNER
ADYAR
NUNGAMBAKKAM
CHENNAI

KOTAK MAHINDRA BANK LIMITED

About

Kotak Mahindra Bank Limited is a private sector Indian Bank headquartered in Mumbai, Maharashtra. The bank was founded in 98 and in February 00, Kotak Mahindra Finance Ltd. received the license from the Reserve Bank of India to carry on banking business. It had a network of ,88 full-fledged branches and ,99 ATMs in the country as of March 08.

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Branch

VIRUGAMBAKKAM EARLIER VALASARAVAKKAM BR CHENNAI
CHENNAI VEPARY BRANCH
G N CHETTY BRANCH
CHENNAI CURRENCY CHEST
TIRUVANMIYUR BRANCH
NUNGAMBAKKAM CHENNAI
TAMBUCHETTY STREET CHENNAI
KILPAUK CHENNAI
ASHOK NAGAR CHENNAI
GUINDY MADRAS RACE CLUB CHENNAI
SANTHOME CHENNAI
ADAYAR CHENNAI
MADIPAKKAM CHENNAI
ANNA NAGAR CHENNAI
MYLAPORE CHENNAI
VILLIVAKKAM CHENNAI
MOUNT ROAD CHENNAI
SOUTH MAMBALAM CHENNAI
GNSTREET CHENNAI
CHENNAI PURAM BRANCH
ASHOK NAGAR BRANCH
SOWCARPET BRANCH
KOYEMBEDU BRANCH
R K SALAI BRANCH CHENNAI
KILPAUK BRANCH CHENNAI
NUNGAMBAKKAM BRANCH
VELLACHERY
PORUR
ANNA NAGAR
CHENNAI - T. NAGAR
CHENNAI - KODAMBAKKAM
CHENNAI - PARRY
ADAYAR
CHENNAI - ANNAI SALAI

BANK OF BARODA

About

Bank of Baroda (BOB) is an Indian multinational banking and financial services institution headquartered in Vadodara in Gujrat, India. The bank was established on 0 July 908 and nationalized on 9 July 99 along with other major commercial banks of India. It has been termed as a profit-making public sector undertaking (PSU). The bank has 7 global branches including 7 India branches and 0 overseas branches. It offers a wide range of banking products and services including loans, credit and debit cards etc.

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Branch

WIMCO NAGAR BRANCH
VIRUGAMBAKKAM,CHENNAI,TN
VELAPPANCHAVADI, TAMIL NADU
VELACHERRY,CHENNAI
VALASARAVAKAM BRANCH
VADAPALANI BRANCH
ULLAGARAM, CHENNAI
TIRUVATEESWA BRANCH
THIRUVANMIYUR, CHENNAI
T.NAGAR BRANCH
TAMBARAM BRANCH
THOMAS MOUNT BRANCH
SOWCARPET BRANCH
SITHALAPAKKAM
SERVICE BRANCH, CHENNAI
ROYAPURAM BR., CHENNAI, T.N.
ROYAPETTAI,,CHENNAI,TN
RAMKRISHN NG BRANCH
RAJAKILPAKAM, TAMILNADU
PURASAWAKKAM BRANCH
PERUNGUDI,CHENNAI
PBB ANNANAGA BRANCH
NUNGAMBAKKAM BRANCH
NRI BRANCH KKNAGAR
RAJAJI ROAD BRANCH
MYLAPORE BRANCH
M.R.C.NAGAR BRANCH
MOUNT ROAD BRANCH
KAMBAR SALAI MOGAPPAIR
MADURAVOYIL,CHENNAI,TN
IBB MADRAS BRANCH
KOLATHUR BRANCH
KODAMBAKKAM,TN
K.K.NAGAR BRANCH
CORPORATE FINANCIAL SERVICES BRANCH
RAMAVARAM BRANCH
EGMORE BRANCH
E.C. STREET BRANCH
SIET.COLLEGE BRANCH
CHOOLAIMEDU BRANCH
WEST MAMBALA BRANCH
AYNAVARAM,CHENNAI
AMBATTUR BRANCH
ALWARPET BRANCH
ADAYAR, CHENNAI
AMBUR