If you are looking for a loan to start up your business, then RBL Bank Business Loan will be a great option. As it provides business loan of up to Rs. 1 Crore with an attractive rate of interest.
RBL Bank Business Loan: Features and Benefits:
- No collateral or security is required.
- Affordable interest rate.
- Maximum loan amount of Rs. 1 Crore.
- Flexible repayment tenure.
- Low processing fee.
- No hidden charges.
RBL Bank Business Loan: Interest rate and other charges:
RBL Bank Business Loan: Eligibility Criteria:
- The applicant’s age must be between 27 – 65 years.
- The business must be profitable for a minimum of 2 years.
- The business turnover must be at least Rs. 1 Crore.
- The applicant’s CIBIL score must be 750 or above.
RBL Bank Business Loan: Documentation Required:
- ID proof: PAN card.
- Address proof: Aadhar card, Utility bills.
- Last 2 years ITR.
- Last 6 months Bank statements.
- Business continuity proof: Registration certificate, partnership deed, certificate of practice.
RBL Bank Business Loan: Eligibility Criteria:
One can calculate their RBL Bank Business Loan Eligibility using a simple Eligibility calculator tool. It is an online tool that gives you an estimate about your business loan, that how much credit you can avail and at what interest rate and, repayment tenure.
RBL Bank Business Loan: Customer Care:
Conclusion:
To conclude, the RBL Bank Business Loan is one of the Best Business Loans in the market. However, to apply for a Loan for Small Business or MSME loans, you must visit Afinoz.com.