Business Loan - Overview

We understand that managing financial health is one of the important components of your business .Planning to start a new business or even grow an existing business can be a special task as you need an enormous amount. Most of businessman need business loans which may be secured or unsecured. A business loan is generally a debt your company borrows and which you will repay according to our lending terms and conditions.

TERMS
  • Loan upto 20L
  • The applicant must be between 18 to 70 years old to apply for a business loan
  • Applicant must also own a business running for at least 3 years.
  • Income Tax Returns for the applicant’s business should be filed for a minimum of 3 year.
  • Those whose business has been profit making for the previous 2 years.
  • Features of Business Loan

    We understand that businesses thrive on timely financial support.
    Our business loans are designed to provide you with a hassle-free and efficient borrowing experience.
    Take your business to the next level with an business loan from Fatafat Finance Company.
    Your success is our priority.

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    Flexible Loan Amounts

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    Customized Repayment Plans

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    Competitive Interest Rates for Business Loan

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    Flexible tenure up to 36 months

    Business Loan Fee & Charges

    Type of Fee Charges
    Rate of Interest 15 to 18% p.a.
    Bounce charges ₹500 - ₹1000 per bounce plus applicable taxes
    Processing fees Upto 2% of Sanctioned Amount + GST
    Prepayment/Foreclosure Charges UPTO 4% + GST*
    Late Payment Charges 2% per month
    Loan Tenure 6 - 36 months