Business Loan in Varanasi
About Business Loan in Varanasi
|Bank Name||Floating Interest Rate||Processing Fee|
|AXIS||14.25% onwards||upto 2% of loan amount + applicable taxes|
|TATA CAPITAL||19 %||upto 2.75% of the loan amount + GST|
|Bank of baroda||14.10% per annum||upto 1%|
|MUFIN FINANCE||13% to 22%||2% of the loan amount|
|Lendingkart||18% to 28%||upto 2% of the loan amount|
|RBL BANK||20.00% per annum,||3% of loan amount|
|Incred Finance||18%||upto 5% of the loan amount|
|Federal Bank||8.9% to 14%||upto 3% of the loan amount|
|FULLERTON||13% to 16% per annum.||upto 2 % of the Loan Amount|
|Punjab National Bank Business Loan||12.6%- 15.60%||1.8% + taxes|
|Aditya birla||17.00% - 26.00%||2% of the loan amount|
|HDB bank||13.99%||upto 2% of loan amount.|
|HDFC||15.65% onwards||upto 2.50% of loan amount|
|Kotak Mahindra Bank||16.00% per annum||Maximum 3% of the Loan I Facility Amount (plus GST|
|IIFL||18 to 25% p.a.||upto 3% of the loan amount|
|Zip Loan||16 %||2 %|
|IndusInd bank||14.00% per annum||2.50%|
|Neo Growth||18% to 24%||upto 2% of the loan amount|
|ICICI||16.49%||upto 2% (plus applicable taxes)|
|Vistaar finance||15 % to 25 %||upto 2% of the loan amount|
|Prest loan||15 % to 22 %||upto 3.00% of the total loan amount + Service Tax|
Varanasi is the city situated on the banks of Ganga in Uttar Pradesh, India. Being the major religious hub in India, Varanasi is considered as the holiest of the 7 sacred places in Hinduism and Jainism. This city is also the important place for Buddhist as it played important role in wide-spreading of Buddhism. Varanasi is worldwide famous for its Hindu devotion, pilgrimage, mysticism and poetry. People from all around the globe come here to find the peace and spirituality. Varanasi is a magical city where people find peace in noisy streets.
About business Loan in Varanasi
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 Varanasi 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 Varanasi
No worries for strict eligibility conditions. We tie-up with all the best lenders in the Varanasi 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 Varanasi
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 ElectrVaranasiBill/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 Varanasi
Taking a business loan is an indispensable decision in one’s life. At Varanasi, 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 –
- 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.
- High Eligibility – Within a just few minutes, we will assess your business loan eligibility and suggest you the best available options in Varanasi. Our process is driven by automated technologies, and we help you get low EMI business Loan
- 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.
STATE BANK OF INDIA
State Bank of India (SBI) is India’s multinational public sector banking and financial services company. SBI was established in 80 and is headquartered in Mumbai, Maharashtra. The bank is the largest bank in India with a % market share in assets. State Bank of India operates a network of , branches and 9, ATMs in India and internationally. SBI operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business channels. It extends a comprehensive range of banking products and services to individuals, commercial enterprises, corporates, and government bodies, and institutional customers in India and internationally. Its personal banking services include current accounts, savings accounts, term and recurring deposits; personal, home, auto, and education as well as loans against property and securities; and wealth management, demat, ATM, foreign inward remittance, safe deposit locker, public provident fund, money transfer, and pension policy, as well as cards and inflation indexed national savings securities cumulative bonds. It also provides corporate banking services including corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer financing, channel financing, equipment leasing, loan syndication, financing Indian firms overseas subsidiaries or JVs, and construction equipment loans. In addition, the bank offers NRI services, such as accounts and deposits, remittances, investments, and loans; agricultural banking and micro credit to agriculturists and farmers; loans, supply chain finance, and deposits and transaction banking services for SME customers; and international banking services.
Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.
PUNJAB NATIONAL BANK
Punjab National Bank (PNB) is an Indian multinational banking and financial services company. Established in 89, it is state-owned bank. Headquartered in New Delhi, India, the bank operates through a network of zonal offices, 7 circle offices, 98 branches, and 98 ATMs. PNB also operates a banking subsidiary in the UK, as well as branches in Hong Kong, Kowloon, Dubai and Kabul and representative offices in in Almaty (Kazakhstan), Dubai (UAE), Shanghai (China), Oslo(Norway), and Sydney (Australia). PNB and other major commercial banks were nationalized on 9 July 99.
ICICI BANK LIMITED
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.