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Here are a few factors
Processing | Online |
Location | PAN India |
CIBIL Score | 650+ |
Applicant Type | Only Individual & Proprietorship Firm (Only Shopkeeper who are Traders) |
Age of Applicant | 18 Year to 59 Year |
Minimum Turnover Required | 3 Lac Per Annumn |
Minimum Business Vintage | 2 Year |
Loan Amount & Tenure | 5000 to 3.50 Lac (12 Month to 30 Month) |
Rate of Interest & Type | 28% to 29% (Reducing) |
Processing Fees | 2.50% to 4.00% |
TAT | Sanction 3-4 Days & disbursement 5-7 Days |
Foreclosure Charges | 4.00% to 5.00% |
Negative Profile | (i) Manufacturer (ii) Service Provider (iii) Advocate (iiii) Real Estate (iv) Politian's (v) Commission Agents |
USP | (i) No Business Registration Required (iii) No Ownership Proof Required (iii) No Income Documents Required, Loan on the basis of Shop & Bank Statement |
Ayefin Business Loan
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