Business Loan in ranchi

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

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

About ranchi

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Ranchi is a city and capital of Jharkhand state, India. It lies on the bank of the Subarnarekha River. It was constituted as a municipality in 1869.

The city is connected with other parts of the country by major rail and road transportations. Ranchi is the centre of the region’s agricultural, cotton, and tea trade. It is engaged in silk production and the manufacture of shellac and heavy machine tools industries. Ranchi houses the headquarters of the National Coal Development Corporation, the Heavy Engineering Corporation, and the Hindustan Steel Company. In addition, military cantonment, radium and lac research institutes, and two mental-health hospitals are also located in the city. It houses colleges of law, medicine, and teacher training centres affiliated with Ranchi University.

Ranchi lies on the southern part of Chota Nagpur plateau system, the eastern section of the Deccan plateau, with lofty flat-topped hills in the northwest. The region is surrounded by lush fertile land; rice is the principal crop in lands irrigated by the multiple rivers such as Subarnarekha, North and South Koel, and Sankh. City has large deposits of minerals, like bauxite, limestone, and china clay, in the vicinity.

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About Business Loan in ranchi

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 ranchi 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 ranchi

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

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 ElectrranchiBill/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 ranchi

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

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

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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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

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Debit Cards Visa Electron Card RuPay Platinum Card Baroda Master Platinum Card RuPay Classic Card Master Classic Card Visa Platinum Chip CardPrepaid Cards Gift Card TravelEasy Card Reloadable CardCredit Cards Easy Visa Platinum Select Visa Platinum Premier Visa Signature Prime Mastercard

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

TUPUDANA,RANCHI
TORPA, JHARKHAND
RATU ROAD BRANCH
RATU
RANCHI BRANCH
LALPUR CHOWK, JHARKHAND
KHUNTI BR., JHARKHAND
KANKE BRANCH
KADRU,RANCHI,JHARKHAND
IRBA RANCHI
HESAG BR., DIST. RANCHI, JHARKHAND
HARMU BR., DIST. RANCHI, JHARKHAND
DORANDA,RANCHI,JHARKHAND
BUNDU
BUKRU,RANCHI
BIRSA CHOWK
BERO
BARIYATU,JHARKHAND
ARGORA CHOWK