| Loan Amount | ₹100,000 |
| Interest % | 8 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,699 |
| Total Interest | ₹ 4,386 |
| Loan Amount + Interest | ₹ 104,386 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 8,032 | ₹ 667 | ₹ 8,699 | ₹ 91,968 | 8.03 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 91,970 | ₹ 3,719 | ₹ 95,689 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Self-employed persons can apply The minimum age of the applicant must be between 24-55
No minimum required business vintage The minimum CIBIL score of the applicant must be 630
No minimum monthly business turnover requirement
Only Proprietorship firms can apply
Identity Proof
Address Proof
Business Income Proof
No, you don’t require ownership proof to apply for a Faircent Eazy Business Loan
To apply for Faircent Eazy Business Loan your minimum CIBIL must be 630
No, only proprietorship firms can apply
No. Part-payment is not allowed for Faircent Eazy Business Loan.
