Tata Capital Bank Business Loan - http://www.loansandcredits.in/tata-capital-bank-business-loan/
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Apply Tata Capital Business Loan

A Tata Capital 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]

 

Tata Capital Bank Business Loan

Any business entity or owner can apply for a business loan. Before you apply for a business loan, you need to understand the basic purpose of this loan and how you intend to utilise it. Here's a list of the basic documentation you will need to submit:

• Application form


• Company bank statements for six months


• Income Tax Returns for 2 years


• Balance sheet and P&L accounts for 2 years


• KYC documents of the company including PAN Card, Registration of Incorporation, Partnership deed, Memorandum & Articles of Association.


• KYC documents of the owners


• A report as to how the business loan intends to be utilised

Applying for a business loan has its advantages:

• You can use the funds for any immediate requirement you may face including your daily capital needs.


• Unlike investments from private equity firms or entities, there is no need for profit sharing


• Business loans can also help in tax benefits for the company


• You also have the option of opting for Flexi EMIs, where you can control the outflow of repayment


• For all our customers, Tata Capital offers pre-approved loans for the business finance needs


• There is no need for any collateral or guarantee for business loans for up to Rs 50 lakhs

Are you eligible for a Business Loan?

To be eligible for a business loan, these are the points you need to keep in mind:

• You need to be minimum of 25 years of age and maximum 65 years


• Your business should have been making profit for 3 consecutive financial years


• Turnover should be on a positive trend


• Balance sheet has to be audited by a registered chartered accountant

Check your eligibility using a business loan calculator.

What are the business loan interest rates and the maximum amount of loan one can take?

With Tata Capital, you can apply for a loan starting at Rs 3 Lakhs. The maximum amount you can apply for is Rs 50 Lakhs, without any collateral of guarantee.

Tata Capital offers you the best fixed interest rate that is suited for your company and does not dip into your monthly cash flow. Our business loan interest rates range between 18% to 24%, depending on your requirement.

What are the documents you need?

The documents required for availing business loan are basic and include:

• Application form with passport-sized photographs


• KYC documents


• ITR returns for two years


• P/L statement and balance sheet for two years


• 6-month bank certified bank statement


• Ownership documents


• Proof of business loan documents issued by statutory authorities

What is the maximum business loan you are eligible for ?

The maximum loan under business loans is Rs 50 lakhs.

 

If you are planning to apply, check your EMI using a business loan EMI calculator.[/vc_column_text][/vc_column][/vc_row][/vc_section][vc_section][vc_row][vc_column][vc_empty_space][/vc_column][/vc_row][/vc_section][vc_section][vc_row][vc_column][vc_column_text]

Loan EMI Calculator

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