Processing Fee of Loan Amount 1-2 Federal Bank Small Business Loan, Document Required 6-12 Months Bank Statment, Business Vintage Proof, Income Proof, PAN, Business KYC, Address Proof, Aadhar Card
Key Highlights
Available Variants
Technical Specifications
| Parameter | Value |
|---|---|
| Loan Tenure | 3 Yrs - 5 Yrs |
| Document Required | 6-12 Months Bank Statment, Business Vintage Proof, Income Proof, PAN, Business KYC, Address Proof, Aadhar Card |
| Collateral Required | No |
| Eligibilty Criteria | 2-3 Years Business Experience, Profitable Business, Age (21-65 Yrs), Self Employed, Business Proof(ITR), GST |
| Loan Amount (in Rs) | > 20 Lacs |
| Interest Rate (Yearly) | 10% - 15% |
| Loan Approval Duration | >3 Days |
| Processing Fee (% of Loan Amount) | 1%-2% |