HDFC Bank Business Loan - http://www.loansandcredits.in/hdfc-bank-business-loan/
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Apply HDFC Bank Business Loan

A HDFC Bank Business Loan is in this way an unsecured advance at a financing cost, giving you access to credit that can be paid back finished a concurred time alongside the enthusiasm, with no security against it.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/2"][contact-form-7 id="3301" title="BL-loansandcredits.in"][/vc_column][vc_column width="1/2"][vc_column_text]

 

HDFC Bank Business Loan

Grow your small firm or large-scale company with business loans from HDFC Bank.

Our business loans come with a host of benefits and are tailormade to meet your unique business needs.

We offer among the best business loans in India, with complete transparency and competitive interest rates. Also, our business loans do not require any security.

Apply for a business loan from HDFC Bank to get funds up to Rs 50 lakhs, and enjoy easy documentation and doorstep service & fast disbursal within 48 hours*, while enjoying unmatched benefits.

Features

 

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  Fulfil Your Every Need

  
  Avail of a loan up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations) without any collateral, guarantor or security, to fulfil your every business need, from business expansion and working capital, to your child's education or a home renovation.


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  Transfer Loan Balance with Ease

  
  Transfer your existing Business Loan to HDFC Bank for lower EMIs, and enjoy our benefits
  
  • Interest rates as low as 15.75%* on the existing loan transfer
  
  
  • Processing fee as low as 0.99%
  
  
  
  To transfer your loan balance, apply now.

 

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  Dropline Overdraft Facility

  
  It provides Overdraft facility without any security. Limit is set in separate Current account which drops monthly till end of the tenure. Pay the interest only on the amount utilized.
  
  • Dropline Overdraft Facility up to Rs.5 Lac - 15 Lac*
  
  
  • No Guarantor / Security required.
  
  
  • Tenure ranging from 12-48 months.
  
  
  • Attractive Rate of Interest
  
  
  • No Foreclosure / part Closure shall be permitted during the first 6 months of the limit setting.
  
  

 

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  Quick Eligibility Check & Disbursal

  
  Check your Business Loan eligibility online or at any branch in just 60 seconds. Loans will be disbursed based on previous repayment of home loans, auto loans and credit cards.


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  Flexible Tenure

  
  You can repay your loan over a period of 12 to 48 months.


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  Convenient Borrowing

  
  For any help with your loan, you can reach out to us via SMS, Webchat, Click2Talk and PhoneBanking.

 

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  Stay Protected

  
  Take care of your loved ones by paying a nominal premium* and covering your loan with our Credit Protect
  Plan:
  
  • In case of Natural/Accidental Death of the customer, the customer/nominee can avail of the Payment Protection Insurance (Credit Protect), which insures the principle outstanding on the loan up to a maximum of the loan amount.
  
  
  • The premium for this product will be deducted from the loan amount at the time of disbursal, after levying service taxes and applicable surcharge/cess at the rates notified by the government.
  
  
  • Benefits:
    
    • Protects the family by paying off the loan amount in case of death of the customer
    
    
    • Life Coverage – provides peace of Mind
    
    
    • No need to use other savings to repay the loan
    
    
    • Tax Benefits as per applicable laws
    
    
    • One convenient package - loan + insurance
    
    
  
  

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Loan EMI Calculator

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Eligibility Criteria

The following people are eligible to apply for a Business Loan:

• Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.


• The business should have a minimum turnover of Rs. 40 lakhs


• Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.


• Those whose business has been profit making for the previous 2 years


• The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum


• The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity

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Documentation

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  The following documents are required along with your Business Loan application:

  
  
  • PAN Card – For Company/Firm/Individual
  
  
  • A copy of any of the following documents as identity proof:
    
    • Aadhaar Card
    
    
    • Passport
    
    
    • Voter's ID Card
    
    
    • PAN Card
    
    
    • Driving License
    
    
  
  
  • A copy of any of the following documents as address proof:
    
    • Aadhaar Card
    
    
    • Passport
    
    
    • Voter's ID Card
    
    
    • Driving License
    
    
  
  
  • Bank statement of the previous 6 months
  
  
  • Latest ITR along with computation of income, Balance Sheet and Profit & Loss account for the previous 2 years, after being CA Certified/Audited
  
  
  • Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
  
  
  • Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]
  
  

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