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Small loans designed to help entrepreneurs and small business owners start or expand their ventures with minimal documentation and quick approval.
Perfect for small business needs, vendor payments, or emergency fund requirements with flexible repayment options.
| term | figure |
|---|---|
| Term of loan | 1 year |
| Maximum loan size | Rs. 25,000 |
| Minimum loan size | As per requirement of borrower |
| Security, if any | Cross Guarantee between borrowers |
| Repayment policy | Equated Monthly Instalment |
| Loan processing fees | 5% of Loan amount + GST |
| Any other fees | Nil |
| Cheque Bounce Charge | 300 + GST |
| Collection Charge | If Cheque Bounce And EMI Collect By Executive 300 + GST Per Visit |
Note: Interest rates may vary based on credit profile and business viability.