Business Loan

A loan particularly intended for all business purposes is Business Loan. There are various distinctive types of business credits, including resource based financing, bank advances, invoice financing, microloans and cash flow loans. With the adjustable repayment options and low financing costs, a business loan can give the genuinely necessary lift to your business, improving your whole business and productivity. Loan for business gives a credit line ease, empowering you to extend your business higher than ever, redesign your current business to most recent supplies, scale up the development and significantly more, at insignificant reimbursing choices. Business credits are important for organizations that occasionally expect advances to meet their day to day operations needs until the point when their income is sufficient to enable them to wind up plainly manageable after some time. You can apply for a business loan to guarantee your organization continues going powerful, and utilize the advance for renting another office space, enlisting more workforce, building proficient innovative help, getting the required material, expanding your showcasing, and so on.

Documents Required

  • 3 years IT return
  • 1 year bank statement – savings / current
  • Business proof
  • Address proof
  • Residence proof
  • 5 photos
  • Shop act
  • Service Tax
  • Partnership deed
  • Pan card, Aadhar Card, Passport, Voter Id

EMI Calculator

Description Data Entry
Loan Amount
Loan Length in Months
Interest Rate
Monthly Payment Calculated

Terms and Conditions

  • Borrower will be instructed from the office after file processing
  • Borrower have to spend 10% agreement cost after loan Approval
  • Borrower should know that he/she will have to spend 10% Agreement cost after loan approval
  • Any other amount will not be deducted as a cheque of loan approval
  • Cheque of whole expense will be given to borrower immediately after agreement
  • Make D.D. or cheque of 10% of loan cost by name “Lotus Group (LOW MONEY ENTERPRISES)”, after loan approval

Return on investment

  • Interest rate will be from 8% to 18%
  • Interest rate will be decided after borrower’s file processing
  • Interest rate will be on yearly basis
  • Loan installment will be taken by RTGS
  • If you want to return loan before return period, then you have to pay 2% extra charges

Return Period – 5 years, 10 years, 15 years, 20 years

Loan Limit – 10 lacks to 50 lacks

Helpline No : 02025282018