Business Loan can be applied by Private Limited Companies, Proprietorship, Partnership Firms, and LLP. Limited Companies can apply for BUSINESS LOAN with key stake holders in the company coming on board as co-applicants.

  • The maximum repayment period of the Business Loan is 5 years from lenders, subject to certain conditions.
  • The tenure of loan can be affected by the norms as laid by the respective lender.

The maximum amount that can be applied by the borrower for Business Loan is Rs 50 lakhs. However, the amount of loan that the borrower can avail will be dependent on the specific norms of the respective lender.
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