Take your medium-sized business to new heights with Tamil Finance and Investments Pvt Ltd's Business Loan - Medium. With loan amounts ranging from Rs. 5,00,000 to Rs. 15,00,000 and a low interest rate of 21%, you can invest in your business without worrying about high repayments. Our easy application process and fast approval make it simple to get the funds you need, secured by property mortgage. Plus, our flexible repayment options and low processing fee of 1% ensure that your loan is tailored to your business needs. Apply now and watch your business thrive.
Business Loan - Medium
- Loan Amount: 5,00,000 to 15,00,000
- Security: Property Mortgage
- Rate of Interest: 21%
- Repayment: Monthly
- Interest Repayment: Monthly on reducing balance
- Principal Repayment: Monthly 1% on loan amount
- Processing fee: 1%
- Other Fee: Legal and inspection Rs.5000/-
Customer Selection Criteria
- Turnover: 25 to 50 lakh per annum
- Business place: own or rental - document copy
- Required Documents: PAN/GST/IT Returns
- Bank Account Statement Copy: 1 year
- Period of business: Minimum 2/1 year
- Permanent Address and current address
Amount: 5,00,000 to 15,00,000
Security - Property Mortgage
Rate of Interest: 21%
Repayment: Monthly
