Nature of business loan taken from financial institution, NBFC, private lender or government body differs in nature. It actually depends on you why and how you needs the loan for.
Ideally the easiest way to get SME finance from leading NBFCs. These are experienced institutions which understand your needs for the loan. They can offer high-value loan of up to Rs. 3 lakhs on lower rate of interest and flexible tenure to eligible candidates. Whether your business has a short-term, intermediate-term or long-term need you can always avail a preferred loan amount to finance your small business.
NBFCs offer the Flexi loan facility on its custom business loans. This is a unique feature which help you withdraw as per your requirement from the loan amount sanctioned. It charges interest on these daily withdrawals. This helps to lower the EMI by up to 45% and better manage your finances.
This is an unsecured business loan which means you do not have to pledge any collateral to avail the loan. It lets you apply online for the loan by filling up the application form and submitting it with minimum paperwork.
While applying for the loan you can avail pre-approved offers on the loan floated from time to time. These are floated from time to time and you can discuss them with your Relationship Manager to avail them on time.
You can easily manage the loan online. Just use your login details to access your account from anywhere anytime to manage your repayments, interest charges etc. and take informed decisions during the loan process.