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!
Overview
| Amount | Up to 1 Crore |
| Loan Tenure | 3 to 5 Years |
Detailed Information
Features & Benefits
Why this product is right for you
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.
Eligibility Criteria
Check if you qualify:
| Age Requirement | Borrower age should be between 21 and 65 years. |
| Business Vintage | Business should be minimum one year old |
Why Choose Udhar Capital?
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.
Documents Required
Keep these documents ready to ensure a smooth and fast loan approval process.
Fees & Charges
| Loan Processing Fees | Loan processing fees should be Up to 2% of the loan amount. |
| R.O.I | Reducing 15% to 24% |
Partner Banks
| No Logo | Poonawalla | 18.00% p.a. |
| No Logo | Axis Bank | 14.95% - 19.20% p.a. |
| No Logo | HDB Financial Services Ltd. | Up to 36% p.a. |
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.