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Here are a few factors
Location | PAN India |
CIBIL Score | 650+ |
Processing | Online |
Business Vintage | 2 Year |
Minimum Turnover | Minimum ITR 3 Lac, No Turnover Criteria |
Loan Amount & Tenure | 5K to 5 Lac (3 Month to 60 month) |
Loan Product | Only Term Loan No OD Limit |
Rate of Interest & Type | 16% to 36% (Reducing) |
TAT | Sanction-1 Days Disbursement-1 Days |
Processing Fees | 2% to 5% |
Foreclosure Charges | 4% |
Applicant Type | Only Individual or Proprietor |
Whether Co-Applicant Mandatory | No |
Proprietor Age/Co-Applicant Age | 21 Year to 60 Year |
Part Payment Allowed | No |
Whether Ownership Proof Required | No |
Business Registration Proof Mandatory | Yes, 2 Year Old ITR required with business name |
Program | ABB Program-5 Lac |
Product for Professionals | No |
Negative Profile | No Negative Profile |
USP | 1.Funding to Both Side Rented 2. Funding on ITR basis |
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