Desired Loan Amount: ₹10,00,000

Min: ₹1,00,000 Max: ₹1,00,00,000

Interest Rate: %

Min: 6% Max: 20%

Loan Tenure: Years

Min: 1 Year Max: 30 Years

CASHFIN BUSINESS LOANS FOR ALL NEEDS

Working Capital Loans

MSME/SME Loans

Business Loans for Shop/Traders

Business Loans for Manufacturers

Business Loans for Doctors

Business Loans for CAs

ELIGIBILITY FOR BUSINESS LOAN

Some of the basic eligibility criteria for availing a business loan from Cashfin are as follows:

Eligible Entities - Self-employed with own business or proprietor/partner/director of an existing business
Nationality - Resident of India
Age Criteria - Between 25 to 65 years
Turnover - Minimum annual turnover of ₹ 10 Lacs and profit after taxes of ₹ 2 Lacs annually
Credit Score - CIBIL score of 750 or above

DOCUMENTS REQUIRED FOR BUSINESS LOAN

To apply for a Business Loan, you need the following documents:

Latest Passport Size Photographs
Valid ID Proof - PAN, Driving License
Valid Address Proof - Passport, Aadhar Card, Electricity Bill
Latest Bank statement
GST and ITR of the Business

Application Process

1

CHECK ELIGIBILITY

Check your eligibility for the business loan. If you fulfill the criteria, you can proceed further.

2

DOCUMENTATION

After your eligibility is confirmed, you will be required to submit the documents needed to process the application further.

3

VERIFICATION

All the submitted documents and information is verified by the financial institution to assess the legibility of the business.

4

APPROVAL AND DISBURSAL

Once the verification is completed, the financial institution sanctions the loan.