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Business Loan in
Chennai

Business Loans ranging from Rs.5L to Rs.25L with a tenure starting from 6 months.

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Business Loans in Chennai

One of the major educational, cultural and financial centers in south India, Chennai has an expansion story that continues to be on the climb. The business output in this metropolitan city is competitive, and it has become home to various large-scale Indian and multinational companies. If the applicant seeks to run business in Chennai and is looking for a loan to expand their business and meet their working capital financing, then Rupee Station can be a great option. Rupee Station provides with the best rates and a multiple choice of products ranging from Business Loans to overdrafts or from letters of credits to cash credits. Whether the applicant is a self-employed individual or a partner in a Rupee Station has the product to suit all their needs.

Types of Business Loans provided by Rupee Station

Applying for loans at Rupee Station in Chennai is a rewarding experience and a key advantage. Rupee Station offers various Business Loans to their customers. Some of the loans provided by Rupee Station are:

  • Unsecured Business Loan
  • Machinery/Exchange Business Loan
  • Working Capital Loan
  • Merchant Cash Advance
  • Credit to Professionals
  • Loan against Property

How to find low interest Business Loan in Chennai

The uses are guaranteed of getting low-interest loans in this kind if they do their homework and are well prepared beforehand. Business loan amounts can establish from INR 2-3 lakhs for small enterprises and go up to INR 1-2 crore on a standard. This can be advanced depending on the size, scale, turnover and repayment abilities of the business. Average loan tenures can vary from 5-15 years in most scenarios as well. With the modest patience and research, the user is guaranteed of finding the most outstanding business loans in Chennai without any hassles.

Benefits of applying for Business Loan in Chennai at Rupee Station

•    Rupee Station provides online hassle free processing. Applying for a loan online takes less than 5 minutes and is tremendously smooth.
•    It offers Quick disbursement. Once the user asks for a loan online and as they upload the documents, the loan is approved in 3 days.
•    No Prepayment Fees
•    Simple loan arrangements
•    Instant services are offered.
•    24/7 Customer Support
•    Easy documentation
•    Leads the applicants with all safety guidance

Eligibility for loan approval at Rupee Station

•    Age of the customer should be between 21 - 60 Years
•    Business should have a period of at least three years
•    Business should consist of IT returns filed for the last three years
•    Business Individual should be residing in the city for at least 1 Year
•    Business should have all company documents and data adhering to the state laws
•    The applicant requires essential documentation such as your address proof, identity proof, latest bank statements, etc
•    Business Financials which consist of the overall turnover and profit after taxes should also be available

Documents required for Business Loan in Chennai at Rupee Station

  • Pan card is an essential asset to apply for Business Loan in Chennai.
  • Last six-month salary slip
  • Address and identification proof
  • Latest Cibil report
  • IT returns of previous three years
Age proof- driver’s license, passport, adhaar card, etc. 

How it Works

A Business loan is a form of credit offered by financial institutions for the borrower’s Business use.
It is an unsecured loan and doesn’t require collateral as security or a guarantor to avail the loan.

1

Registration

register

Apply online in less than 2 minutes

2

Quick Verification

verification

We will review your application and give you a decision within minutes

3

Loan Disbursal

receive loan

Receive the loan amount within two days.

Find out your customized interest rate for a Business Loan in Chennai

A Business loan is a form of credit offered by financial institutions for the borrower’s Business use.
It is an unsecured loan and doesn’t require collateral as security or a guarantor to avail the loan.

Basic Eligibility Criteria

  • eligibility

    Good Credit Score

  • eligibility

    Above 21 years of Age

  • eligibility

    Self Employed professional

  • eligibility

    Resident of India

  • eligibility

    Valid Bank Account

  • eligibility

    PAN Card and Voter ID Card/Driving License

  • eligibility

    Bank Statements for the last three months

  • eligibility

    ITR Return