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Protium Finance Business Loan
Protium Finance is one of the fastest emerging innovation-led lending platforms. Unlike the traditional platforms of lending, Protium relies on digitalisation using technology, data science, and analytics. This platform caters to multiple spheres of lending under a single umbrella, making financial freedom easy to access for the masses.Powered By
Protium Finance Business Loan
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Here are a few factors
| Location | Pan India |
| Processing Fee | Offline |
| ROI Type | Reducing |
| Loan Amount | Rs. 2-25 Lakh |
| Interest Rates | 18-34% |
| Repayement Tenure | 12-36 months |
| Required CIBIL | > 650 |
| Processing Fees | 3-6% |
| Minimum Business Vintage | 1 Year |
| Minimum Turnover | 24 Lakh |
| Co-Applicant Required | Upto 10 Lac no Co-Applicant required for Self Employed Individual |
| Foreclosure Charge | 4% |
| USP | (i) Loan on 1 Year Vintage (ii) Funding to Both Side Applicant |
| Negative Profiles | (i) School,Hotels, Hospitals (ii) Advocates (iii) Share Traders (iv) Gym (v) Applicant Living in dominated Area (vi) Meat Product Vendor (vii) Jewellers (viii) NGO, Trust & Society (viii) Spa & Saloon (ix) Tour & Travel |
Required Eligibility for Protium Finance Business Loan
Sole proprietor business
Must have a bank account (current and savings), net banking or ePDF
Must have access to an Aadhar-linked mobile number
Must have Proof of Address for current residence address and business address
Must have Business Proof for a minimum of 1 year before the application
The age of the applicant must be 23-60
Required Documentation
Identity Proof
Address Proof
Business Income Proof
Business Income Proof
Business Ownership Proof
Why Choose Protium Finance Business Loan
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100% Digital Process
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5-Min* Disbursal
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No Hidden Charges
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Multiple Loan Options for Business
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Innovative & Scalable Business
FREQUENTLY ASKED QUESTIONS
To apply for a Protium Finance Business Loan your minimum business vintage must be 1 year.
The applicant’s age must be between 23 to 60
The foreclosure charges on the Protium Finance Loan are 4% of the loan amount.
The minimum required CIBIL score to apply for a Protium Finance Business Loan is 650
The interest loan on the Protium Finance Business Loan is 18% onwards.
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