Looking for a business Loan?
Want to take your business to the next level? Apply for business loans online at low-interest rates with Profession Website. Apply now and make it happen!
Overview
Obtaining a business loan from Credit Marg is simple and straightforward with affordable interest rates and flexible repayment choices. It doesn’t matter if you’re a small business or an established institution, Credit Marg Business Loan is accessible to everyone. Our online application makes it easy to obtain the cash you require quickly.
Business Loan Features
Fulfill your Financial Needs
Fast Disbursal of Loan
Flexible Tenure
Assignment of Financial Advisors
Stay Protected
Eligibility Criteria for Secured Business Loan
| Age Requirement | Borrower age should be between 21 and 65 years. |
|---|---|
| Eligible Entities | Firm should be one year old for all types of firms like proprietorship, partnership and private limited companies . |
| Minimum Turnover Required | Turnover should be at least ₹10 lakhs in . |
| Business Vintage | Business should be minimum one year old |
Documents Required for Secured Business Loan
- Aadhar Card
- PAN Card
- Photo
- Business Proof
- Ownership Proof (Optional)
Note: Documents should be valid and authorised.
EMI
On a specific date, the borrower makes an instalment payment to a lenders. The EMI amount remains constant throughout the loan terms.
A Foreclosure
Foreclosure means a method of paying off the entire unpaid loan amount before the due date comes around. A personal loan typically has a lock-in term after which you can opt to foreclose the remaining debt and repay the total loan amount. However, we normally suggest you to foreclose your debt when you have some extra income.
Part Prepayment
Part-prepayment allows you to repay a portion of your loan via multiple EMIs. This is an easy approach to reduce your interest payable. Your part-prepayment amount is taken from your outstanding principal as of the month in which you make the prepayment. If you have extra cash and wish to utilize it to pay off anything, you might choose a part-prepayment option.