Business Loan in coimbatore

Check Business Loan Interest Rates of all major banks of coimbatore 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 coimbatore

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Located on the banks of river Noyyal and surrounded by the Western Ghats, Coimbatore is the second largest city in Tamil Nadu. The city is a major hub for industry, textiles and manufacturing and is also famous as the gateway to several other tourist destinations in South India. One of the largest exporters of jewellery, auto components, wet grinders, Coimbatore is recognised as Geographical Indications by the Government of India. Due to the decline of the cotton industry in Mumbai, Coimbatore experienced a textile boom in the early 19th century.

Several temples in and around the city of Coimbatore, carries rich historical significance. The massive 112 feet tall statue of Lord Shiva, known as Adiyogi Shiva Statue is featured in the Guinness Book of World Records. It is an architectural marvel, garnering several tourists from across the world. Popular tourist destination of the town include Dhoni Hills, the Vellari Mala, the Perumal Peak, and the Thalaiyar Falls trek.

About Business Loan in coimbatore

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 coimbatore 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 coimbatore

No worries for strict eligibility conditions. We tie-up with all the best lenders in the coimbatore 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 coimbatore

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 ElectrcoimbatoreBill/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 coimbatore

Taking a business loan is an indispensable decision in one’s life. At coimbatore, 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 coimbatore. 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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Loans

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Insurance

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Branch

COIMBATORE SINDHI SCHOOL
COIMBATORE
DHALIROAD-UDUMALPETá
THRIUMURUGANPOONDI
PALAGHATMAINROAD-RAMAPATTINAMá
TIRUPPURá
COIMBATORE - RAM NAGARá
SETHUMADAI ROAD - VETTAIKARANPUDURá
NEW SCHEME ROAD - POLLACHIá
COIMBATORE - MILL ROADá
COIMBATORE VILANKURICHI ROAD
COIMBATORE SEZ
PEELAMEDU
TIRUPPUR ASHER NAGAR
COIMBATORE GANAPATHY
TIRUPPUR KANGEYAM ROAD
KINATHUKADAVU
KUNIAMUTHUR
VAVILPALAYAM
KAMANAICKENPALAYAM
THONDAMUTHUR
N.M.SUNGAM
SAVAKATTUPALAYAM
PETHANAICKENPALAYAM
THUDIYALUR
SARAVANAMPATTI BRANCH
VADAVALLI
METTUPALAYAM
SUNDARAPURAM
PALLADAM, TAMIL NADU
COIMBATORE - SAIBABA COLONY TAMILNADU
RAMANATHAPURAM-COIMBATORE, TAMIL NADU
COIMBATORE-SIDDHAPUDUR
TIRUPPUR - PALLADAM MAIN
AVANASHI
COIMBATORE - AVINASHI ROAD
COIMBATORE - R S PURAMá
COIMBATORE - PRICOLá
COIMBATORE - TRICHY 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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Mastercard Credit Card

Insurance

Life InsuranceGeneral InsuranceHealth Insurance

Popular product

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

Branch

RBL BANK LTD
COIMBATORE
AVINASHI

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.

Banking

Internet BankingMobile BankingSMS Banking

Product

DepositFixed DepositRecurring DepositTax Saving Fixed DepositSenior Citizen Fixed DepositSweep-In Facility

Loans

Home LoanCar LoanPersonal LoanEducation LoanGold LoanLoan Against SecuritiesLoan Against Property

Card

Credit CardsDebit CardsForex / Prepaid Cards

Insurance

Life InsuranceHealth InsuranceMotor InsurancePradhan Mantri Jeevan Jyoti Bima YojanaPradhan Mantri Suraksha Bima YojanaAtal Pension Yojana

Popular product

DepositFixed DepositRecurring DepositTax Saving Fixed DepositSenior Citizen Fixed DepositSweep-In Facility

Branch

VEDAPATTI
TIRUPPUR
POLLACHI BANCH
SAI BABA COLONY RAM NAGARSSI COIMBATORE
COIMBATORE RS PURAM
COIMBATORE METTUPALAYAM BR
COIMBATORE BRANCH
TIRUPPUR
COIMBATORE
R S PURAM

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.

Banking

Instant Banking Baroda Connect (Internet Banking) BHIM Baroda Pay Baroda M-connect Plus (Mobile Banking)Mobile Application Baroda mPassbook Baroda m-Invest App BHIM UPI Payment App

Product

Account Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

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Insurance

Life InsuranceHealth InsuranceGeneral Insurance

Popular product

Account Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Branch

TRICHY ROAD, TAMILNADU
TATABAD BRANCH
SUNDARAPURAM,COIMBATORE,TN
SULUR
SAIBABACOLNY BRANCH
RAMNAGAR BRANCH
RACE COURSE ROAD,TN
PALLADAM,TN
METTUPALAYAM
KARUMATHAMPATTI,TN
KINATHUKADAVU, DIST COIMBATORE
KARADIVAVI BR., DIST.COIMBATORE, T.N.
KALAPATTI
GANAPATHY, TAMILNADU
DHARAPURAM
COTTONMARKET BRANCH
COIMBATORE(M) BRANCH
SASTRI ROAD BRANCH
AVINASHI
ANUPPARPALAYAM
ANNUR