Business Loan in Puducherry

Check business Loan Interest Rates of All Major Banks of puducherry Instantly
Bank Name
Floating Interest rate
Processing Fee
12.6%- 15.60%
1.8% + taxes
15 % to 22 %
upto 3.00% of the total loan amount + Service Tax
18% to 28%
upto 2% of the loan amount
RBL BANK
20.00% per annum,
3% of loan amount
Vistaar finance
15 % to 25 %
upto 2% of the loan amount
16.00% per annum
Maximum 3% of the Loan I Facility Amount (plus GST
15.65% onwards
upto 2.50% of loan amount
18% onwards
upto 3% of loan amount
18 to 25% p.a.
upto 3% of the loan amount
14.10% per annum
upto 1%
Federal Bank
8.9% to 14%
upto 3% of the loan amount
Zip Loan
16 %
2 %
18% onwards
upto 3% of loan amount
13% to 16% per annum.
upto 2 % of the Loan Amount
HDB bank
13.99%
upto 2% of loan amount.
ICICI
16.49%
upto 2% (plus applicable taxes)
MUFIN FINANCE
13% to 22%
2% of the loan amount
19 %
upto 2.75% of the loan amount + GST
14.00% per annum
2.50%
Neo Growth
18% to 24%
upto 2% of the loan amount
14.25% onwards
upto 2% of loan amount + applicable taxes
Incred Finance
18%
upto 5% of the loan amount
Aditya birla
17.00% - 26.00%
2% of the loan amount
ABOUT BUSINESS LOAN IN PUDUCHERRY

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 puducherry 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 puducherry

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

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 ElectrpuducherryBill/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 puducherry

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

ABOUT PUDUCHERRY

Puducherry, also called Pondicherry, is a city and capital of Puducherry, a union territory of India. The city lies in the southern part of India and its areas are bound by Tamil Nadu state, Andhra Pradesh and Kerala.

Puducherry was occupied several times by British occupations. However, it remained a French colony until it was incorporated into India in 1962.

Puducherry is one of the most popular tourist destinations for national and international tourists. It is connected by a railway branch at Viluppuram and Chennai. The city has Pondicherry University and several colleges affiliated by the University of Madras. Fisheries and tourism contribute a lot to the economy of the city.

TOP LOAN PROVIDERS IN PUDUCHERRY
ABOUT KARNATAKA BANK LIMITED, PUDUCHERRY, Puducherry

The Karnataka Bank Limited is ‘A’ Class scheduled commercial bank founded on 8th February 9. Headquartered in Mangaluru in Karnataka, India, the bank has a national presence with a network of 8 branches, 7 ATMs and 0 e-lobbies spread across states and Union Territories. The bank has deployed the most modern information technology like core banking, internet banking and mobile banking etc. to meet customers’ expectation of services, for today and for future. The bank is listed on both the BSE and the NSE.

Bank Details
Product

Saving Account Loans Cards Insurance Investment

Insurance

Life Insurance Health insurance General Insurance

Banking

Core banking Internet banking Mobile banking Treasury, Corporate/Wholesale Banking Retail Banking

Popular Product

Saving Account Loans Cards Insurance Investment

Loans

Personal loan Business loan Home Loan Vechile Loan Loan against property Education Loan

Cards

Credit Card Debit card Deposit only card Image Card Travel card Gift card

ABOUT KOTAK MAHINDRA BANK LIMITED, PUDUCHERRY, Puducherry

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.

Bank Details
Product

Deposit Fixed Deposit Recurring Deposit Tax Saving Fixed Deposit Senior Citizen Fixed Deposit Sweep-In Facility

Insurance

Life Insurance Health Insurance Motor Insurance Pradhan Mantri Jeevan Jyoti Bima Yojana Pradhan Mantri Suraksha Bima Yojana Atal Pension Yojana

Banking

Internet Banking Mobile Banking SMS Banking

Popular Product

Deposit Fixed Deposit Recurring Deposit Tax Saving Fixed Deposit Senior Citizen Fixed Deposit Sweep-In Facility

Loans

Home Loan Car Loan Personal Loan Education Loan Gold Loan Loan Against Securities Loan Against Property

Cards

Credit Cards Debit Cards Forex / Prepaid Cards