Business Loan in Delhi - Apply Online @11.69%

Everyone who is into business will be in need of right expertise who can understand the various business requirements. More often than not, most of the businesses need some extra push to get to the next level. Also timely financial support is the other major factor that all businesses are in need of. With the help of Finance Buddha, we can ensure business loan is offered in Delhi at a very low interest rate as per the needs of the applicant.

Anytime you need a business loan in Delhi, just visit the Finance Buddha website and go through the loan details and interest rate specifications of each bank. Do thorough comparisons of what is offered by each bank and pick the best bank whose services meet your requirements! Once the bank you want to apply for the loan is decided, simply click on the “apply online” tab and banks will contact you within couple of days to collect your documents and to process your business loan.

Some of the important eligibility criteria that every applicant should meet are:

• Any person aged between 22-56 years and doing a business whether as a proprietor, partner, or director in a private limited company can avail business loan very easily.
• Entrepreneurs engaged in manufacturing, trading or services can avail business loan in very short time.
• The business should be minimum 5 years old and should have a minimum turnover of 1 crore and above.
• The net profit of the business should be more than 2.5 lakhs p.a
• Business loan interest rates are normally vary from 16% to 22%. The bank will not ask for any security or guarantee.
• Business loan can be repaid in easy installments ranging from 12 to 60 months.
• Having an own house and good CIBIL Score is an added advantage.

Make use of the below interest rates and other charges information of different banks to compare and pick the best business loan provider in Delhi.

Business Loans Interest Rate Comparison of Top Banks / NBFCs in Delhi (updated 06 Nov,2023)

After applying online, it is important that every applicant should submit all necessary documents per which banks with check the validity of the applicant and the financial need.

• Identity Proof / Residence
• IT Returns CA Certified Copies for 2 years complete set
• Business Continuity / Existence Proof 3 years old
• Education Proof
• Partnership deed & other mandatory documents
• Balance Sheets