Finance Companies In Bangalore For Business Loan

Grow your businesses with online business loan in Bangalore

Unlike traditional lenders, Indifi provides customized small business loan in Bengaluru which comes collateral-free. Albeit many big firms or businesses can avail collateral loans, maximum small businesses are unable to borrow such loans. So, there arises the need for a business loan without security in Bengaluru from Indifi.

Upto 50 Lacs

Get loan upto 50 Lacs
depending upon the need

1.5% Per Month

Get amazingly low interest rate starting from 1.5% per month

2% Fees

We only charge 2% processing fee

36 Months

Get a loan with a tenure of upto 36 months

Eligibility For Business Loan In Bangalore

  • Minimum operational history of 2 years
  • 2 years ITR for >10 lacs
  • VAT returns for the last 12 months

Documents Required To Get Business Loan In Bangalore

  • Business Registration Proof
  • KYC documents of the applicant and the organisation
  • Bank statement for the last 9 months
  • Pan Card of the promoter
  • Aadhaar Card of the promoter

Business Loans In Bangalore

Indifi offers customized business loan in Bangalore for small scale entrepreneurs. These customized loans are designed to meet the business needs because we understand the need for capital at the time of expansion. Now you can easily avail a business loan in Bangalore with just a click. Our online loan offering has become an easy and convenient way for the business person.

Indifi is a Suitable Choice for Small Businesses

  • Minimum Documentation:: With Indifi, you can now get a business loan in Bangalore hassle-free. We give you a loan easily with the submission of basic documents.

  • Loan without Collateral: For the business with a turnover of ten lakh and more, we make sure you get a business loan in Bangalore that is collateral-free.

  • Receive Funds Quickly:Just in three days after your loan application is approved, you will receive your business loan money directly into your account.

  • EMI Payment: At Indifi, we do not charge any prepayment fee for availing business loan in Bangalore. Also, you can pay back the loan amount in EMI that doesn’t give you a burden to pay all at once.

What is the Eligibility Criteria for Availing a Business Loan in Bangalore?

To get a business loan in Bangalore from Indifi, you need to fulfill the following eligibility criteria:

  • At least one year of business vintage.

  • Income tax return for the last year to be of at least Rupees 1.5 lakh.

  • Business revenue for the last year to be at least Rupees 7.5 lakh.

  • Applicants should have ownership of either the business premises or the house.

Features and Benefits of Business Loan in Bangalore

We make sure that small business persons have enough funding to expand and grow their businesses. Thus, to all the eligible enterprises, we offer business loan in Bangalore of rupees 1 to 1.5 lakhs. Also, our eligibility criteria are customer-centric that make sure your loan gets approved quickly. We have specific features for a business loan in Bangalore that makes us different from other loan providers. Have a look at our product features:

  • Quick Loan Processing: With just a click, you can apply for a business loan in Bangalore. It eliminates a lot of manual work and leads to quick loan approvals. Our online loan application is easy, quick, and fast.

  • Unsecured Loans: We also provide an unsecured business loan in Bangalore. The unsecured business loan is a collateral-free loan, and you don’t have to put your asset on risk. It ensures that you don’t have to worry about security while availing a loan with us.

  • Fast Disbursals: Our business loan in Bangalore would reach you quickly. Our online process has made approval of the loan for the same day and ensures a quick turnaround. With our fast disbursals, you don’t have to wait for a week or two to get approved.

  • No Hidden Costs: We don’t charge you with any extra handling fee when you avail your business loan in Bangalore with us. You only have to pay a one-time loan processing fee. Further, you don’t have to pay any prepayment charges after you pay your six EMIs.

  • Loan Tenure: As per your convenience, we have created business loan repayment tenure of minimum six months and a maximum of twenty-four months. Once you avail your business loan in Bangalore with us, you can choose to pay back depending on your business suitability.

Why Choose Us to Get a Business Loan in Bangalore?

At Indifi, we are entirely customer-centric, and put every effort to comply with the needs of the customer. Our loan process is customized as per the customer’s requirement. Thus, when you avail a business loan in Bangalore from us, we would serve you with the following benefits:

  • Our loan disbursal process is quick and fast. Thus, we make sure to disburse the loan to you in three days after you submit your complete documents.

  • You can check your eligibility before availing business loan in Bangalore using our business loan eligibility calculator before applying for a loan application.

  • You can calculate your business loan EMI using our EMI calculator.

  • We provide collateral-free SME loan up to rupees five lakhs.

  • You can choose your repayment tenure when you receive your business loan in Bangalore anytime from six months to twenty-four months.

  • Our application for a business loan in Bangalore is entirely online and transparent. You can check your loan application status online, and also we make sure to update you at every step

  • We only ask you to submit the necessary documents when you apply for a business loan in Bangalore with us.

  • You don’t have to pay your prepayment charges due for your business loan in Bangalore after you successfully paid your 6 EMIs.

What is the Process of Applying for a Business Loan in Bangalore?

Indifi makes sure to provide funding to SMEs and MSMEs in India. Our process for applying for a business loan in Bangalore is hassle-free and quick. Now you can quickly apply for a loan by filling out our online loan application form. Follow the below-mentioned steps to help a business loan in Bangalore quickly.

  • Online Application: We have uploaded the business loan in Bangalore application on our website and mobile app. Download the form and fill the application with professional and personal details. We offer business loan in Bangalore between INR 1 to 5 lakhs.

  • Upload Documents: To make sure that your application for a business loan in Bangalore is processed quickly, upload all the documents at the time of filling the form. We advise you to upload the documents in soft copies, preferably Pdfs.

  • Approval: Our expert would check the application form filled by you. If you meet with our eligibility criteria and all your documents are correct, then your application for a business loan in Bangalore would be approved.

  • Receive Funds: Once your application for a business loan in Bangalore is approved, then the loan amount would be sanctioned into your bank account in a few days. Our entire loan application process is online. Thus you have to register your bank account with us to receive funds.

Frequently Asked Questions

HOW DO I APPLY FOR A LOAN?

Applying is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. Securely connect your bank information so we can assess your business without long forms, waiting in line or having to dig up old paperwork. Your association with business services who we have partnered with helps get you more fitting loans.

WHAT DOCUMENTS ARE REQUIRED TO AVAIL A LOAN?

We need your

  1. Pan Card
  2. Aadhaar Card
  3. Address proof of self and firm
  4. Business registration proof
  5. Bank Statement last 9 months.
    In case of loan more than 15 lacs, latest ITR

Can I extend my moratorium request till Dec'20? Will the company adjust the amount collected during the moratorium against Sep'20 EMI?

The moratorium on payment of Loan EMIs as per the regulatory guidelines has ended on 31st August, 2020. Starting 1st September,2020 we request customers to ensure timely repayment of loan EMI as per the repayment schedule. Any amount collected before 5th Aug will be considered as part payment and the amount collected post 5th Aug will be adjusted against Sep'20 EMI. For more details, click here