Get the funds you need to grow your small business with Tamil Finance and Investments Pvt Ltd. Our Business Loan - Small is perfect for small business owners who need quick access to funds. With our easy application process and fast approval, you can get a loan of Rs. 20,000 to Rs. 2,00,000 with just a surety and cheque for security. Plus, our flexible repayment options make it easy to pay back your loan on a weekly or monthly basis. Apply today and take your small business to the next level.
Business Loan - Small
- Amount: 20,000 to 2,00,000
- Security: surety with cheque
- Rate of Interest: 33%
- Repayment: Weekly / Monthly
- Interest repayment: Weekly / Monthly on reducing balance
- Principal repayment: EMI scheme
- Processing fee: 0.75% subject to minimum of Rs.500.
- Other fee: Inspection Rs.500/-
Customer Selection Criteria
- Turnover: Rs.3000 per day minimum.
- Business place: own or rental - document copy
- PAN / Aadhar / It returns
- Bank account copy: 1 year
- Period of business: Minimum 1 year
- Permanent Address and current address
Amount: 20,000 to 2,00,000
Security: surety with cheque
Rate of Interest: 33%
Repayment: Weekly / Monthly