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Aspiring Business Loan
Aspiring Business Loan
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Loan for micro & small enterprises who require working capital, term loan & composite loan facilities
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Loan Amount
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Unsecured loan: ₹3 lakh up to ₹25 lakh
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Secured loan: Up to ₹ 1 crore
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- Loan Tenure: Flexible loan tenure up to 12 years
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Doorstep assistance with a relationship manager is available for service throughout the loan processing period
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Simplified documentation
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Convenient repayment with EMIs collected through standing instructions/e-NACH
- Secured: Rate varies from 11.94% - 17.93% p.a.
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Unsecured: Rate varies from 13.00% - 25.91% p.a.
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Processing fee – Up to 2% of the loan amount + taxes as applicable
For detailed charges, please click here
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Business vintage: Minimum 2 years
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Age
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Minimum - 21 years
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Maximum at loan maturity - 65 years
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KYC of Business
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KYC of Proprietor / Partner / Directors
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Residence ownership and stability proof
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Business vintage proof and business validity document (such as Trade License)
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Proof of income and financial statements (Bank Statement/ITR/ Financials /GST Return)
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Collateral related documents for secured products
Note: Requisite documents may vary as per the loan amount, property type and legal requirements.
Get timely financial support for your small business
Apply for a Small Enterprise Loan from Bandhan Bank today
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