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Ambit Finance Small Business Loan

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Ambit Finance Small Business Loan

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Processing	Online
Location	PAN India
CIBIL Score	675+
Applicant Type	Any Self Employed Person
Age of Applicant	23 Year to 65 Year
Minimum Turnover Required	10 Lac Per Annum
Loan Amount & Tenure	1 Lac to 10 Lac (12 Month to 24 Month)
Rate of Interest & Type	24% to 36% (Reducing)
Processing Fees	2.50 % to 3.00%
TAT	Sanction 3 Days & Disbursement in 7 Days
Foreclosure Charges	4% to 5%
Negative Profile	(i) Animal Husbandry (ii) Bee Keeping & Cattle filed (iii) Dairy & Dairy Products (iv) Fish & Fish Farming (v) Poultry (vi) Butcher & Mutton Shop (vii) Spices & Grams (viii) Edible Oils (ix) Diamond Traders (x) Gems & Stones Traders (xi) Goldsmith, Gold & Silver Showrooms (xii)Metal Scraps (xiii) Real Estate Agents (xiv) Builder & Developer (xv) Micro Finance Institutions, Chit Funds, NBFC & Nidhi Company (xvi) Actor, Singer, Entertainer, Painter (xvii)Media, Advertising & Promotions (xviii) KPO, BPO & Call Centers (xix) Security Services (xx) Advocate (xxi) Job/Recruitment Consultants(xxii) Guest House, Mess & Hostels(xxiii) Restaurants & Hotels, Lodges (xxiv) Diamond Traders (xxv) Liquor & Wine Shop (xxvi) DSA, Verification Agents & Collection Agents(xxvii) NGO (xxviii) MLM (xxix) Religious Leaders, Social Workers & Politian's(xxx) Internet Cable Operators (xxxi) Dry Fruit (xxxii) Metal & Paper Scrap
USP	(i) No Physical PD (ii) Loan on the basis of Banking (iii) Loan to First time Borrower upto 5 Lac
Additional	(i) Ownership Proof Mandatory (ii) Co-Applicant Mandatory (iii) Maximum Loan enquiries accepted in last 3 month upto 8