Looking for a secured business Loan?
Are you ready to take your business to greater heights? Apply for business loans online at low-interest rates through Udhar Capital. Do apply now!
Choose Secured or
Unsecured Business Loan
Rate of Interest Starting
from 14%
Minimal Documentation
For business owners looking to start or expand their enterprises, online business loans are critical. Udhar Capital financial services have undergone continuous innovation to satisfy the demands of entrepreneurs seeking capital. The purpose of the business loan is to businesses acquire the finance they need.The instant business loan may be utilised to cover all of your company’s needs, it’s the finest lending option for a startup. Apply business loans online for an attractive and affordable interest rate ensures you won’t have to cut back on expenses.
Overview
Obtaining a business loan from Udhar Capital is simple and straightforward with affordable interest rates and flexible repayment choices. It doesn’t matter if you’re a small business or an established institution, Udhar Capital Business Loan is accessible to everyone. Our online application makes it easy to obtain the cash you require quickly.
| Amount | Up to 1 Crore |
|---|---|
| Loan Tenure | 3 to 5 Years |
| Low- Interest Rates | Starting from reducing 15%*p.a. |
| Eligibility Criteria | 21- 65 Years |
| Loan Disbursal | Loan Disbursal in 72 Hours. |
Business Loan Features
Fulfill your Financial Needs
Acquire a business loan at such low interest rates and without any collateral or security.
Fast Disbursal of Loan
Obtain a business loan in few hours.
Flexible Tenure
You can repay your loan over period of 18-48 months.
Assignment of Financial Advisors
Udhar Capital will assign a financial advisor to a customer which makes the overall process more efficient.
Stay Protected
Keep your savings intact by not using them for repayment. Enjoy tax benefits.
Eligibility Criteria for Secured Business Loan
Let’s discuss Business Loan eligibility criteria:
| Age Requirement | Borrower age should be between 21 and 65 years. |
|---|---|
| Eligible Entities | Firm should be one year old for all types of firms like proprietorship, partnership and private limited companies . |
| Minimum Turnover Required | Turnover should be at least ₹10 lakhs in . |
| Business Vintage | Business should be minimum one year old |
Documents Required for Secured Business Loan
- Aadhar Card
- PAN Card
- Photo
- Business Proof
- Ownership Proof (Optional)
Note: Documents should be valid and authorised.
Fees and Charges Required for Secured Business Loan
| Loan Processing Fees | Loan processing fees should be Up to 2% of the loan amount. |
|---|---|
| Pre-Payment Charges | Depends on Lenders |
| R.O.I | Reducing 15% to 24% |
| Loan Tenure | Up to 5 Years | Insurance | Depends on lenders | th>Loan Tenure
Different Forms of Loan Repayments
EMI
On a specific date, the borrower makes an instalment payment to a lenders. The EMI amount remains constant throughout the loan terms.
A Foreclosure
Foreclosure means a method of paying off the entire unpaid loan amount before the due date comes around. A personal loan typically has a lock-in term after which you can opt to foreclose the remaining debt and repay the total loan amount. However, we normally suggest you to foreclose your debt when you have some extra income.
Part Prepayment
Part-prepayment allows you to repay a portion of your loan via multiple EMIs. This is an easy approach to reduce your interest payable. Your part-prepayment amount is taken from your outstanding principal as of the month in which you make the prepayment. If you have extra cash and wish to utilize it to pay off anything, you might choose a part-prepayment option.
Why to Choose Udhar Capital for a Secured Business Loan?
Competitive Interest Rates
To meet your financial objectives and budget, we offer low interest rates.
Fast Approval Process
Using Udhar Capital, you can count on a simple and rapid approval process that gives you access to funds exactly when you need them.
Flexible Repayment Alternatives
We make sure you can easily and peacefully repay your loan with our flexible repayment alternatives.
Dedicated Customer Support
At every stage of the loan procedure, our focused customer support team is here to help.