Key Features of -Business loan
Interest rate Starting from 16%
Tenure Ranging from 3 Months to 36 months
Loan Amount Rs 1 Lakh to Rs 50 Lakh
Security/Collateral Required if Loan Amount Exceeds 50 lakh
Factors Affecting rates/ Risk Gradation The rates can vary for each borrower depending on factors like CIBIL score, income, repayment capability, the amount being borrowed, loan tenure, employment nature, financial history, and other personal loan eligibility criteria.