Bank offers Business loan in chennai, Tamilnadu to develop the Business including purchasing of new machinery in India. Bank takes of care of customer needs and try to full up their financial needs by syndicating the Business loan at affordable rate of Interest. A borrower can apply for Business loan to investment in start up new Business. Unlike Secured loan, a borrower can get Business loan within seven working days subject to Creditscore & Financial Statements. Bank will process the Business loan in chennai quickly and speedy. Finance Limited Companies Process the loan application with Checking Credit Score in CIBIL. A loan Provider with deduct fees and chages at the time of disbursement. Every Lender provides loans offers based on the segment of the Busines, Security and Turnover of the business.Small Business entreprenur also can apply unsecured business loans for Banks and NBFS for short term and long term
Bank/NBFC | Rate of Interest | Loan Processing Charges |
---|---|---|
HDFC Bank | 11.49% onwards | Not exceeding 2.5% of loan amount sanctioned. Min. Rs. 1000, Max. Rs. 25,000 |
State Bank of India | 12.55% onwards | 1% to 3% of loan sanctioned |
Axis Bank | 15.50% to 24% | 1.5% to 2% of loan sanctioned |
Tata Capital | 12.50% onwards | Min. Rs. 999 |
ICICI Bank | 11.49% onwards | Not exceeding 2.5% of loan amt. |
Bajaj Finserv | 11.49% onwards | 2.25% to 3% of loan sanctioned |