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Business Term Loan

Flexible Loans • Easy EMIs • Trusted Banking Partner

Business Term Loan - Product Description

Purpose: Businesses, Shops, Wholesale Services

Loan Amount: Based on Purpose

Maximum Loan: Up to ₹49 Lakhs

Tenure: 5-7 Years

Security: Collateral may be required for higher loan amounts

Benefits

• Covers tuition fees, hostel, books & travel expenses

• Lower interest rates for meritorious students

• Repayment starts after course completion

• Tax benefits under Income Tax Act

Eligibility

• Salaried & Self-Employed Individuals

• Minimum-Maximum Age: 21-50 Years

• Stable income source

Rate of Interest

• Starting from 13.00% p.a.

Documents Required

• Admission letter from institute

• KYC documents of student & co-applicant

• Academic records

• Fee structure & expense details

Terms & Conditions

• Loan approval subject to academic merit

• Interest applied during moratorium period

• Subject to bank policies & guidelines

How To Apply

01
Fill Application Form

Submit your basic personal, income and property details online.

02
Document Submission

Upload or submit required KYC, income and property documents.

03
Verification & Approval

Bank will verify details and approve loan as per eligibility.

04
Loan Disbursement

Loan amount is disbursed directly to your account or builder.