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2.  Term Loan


Term loans are loans offered to businesses for capital expenditure and expansion, having a specific amount for a specific tenor, generally upto 5 years. The term loan is to be repaid in regular payments, such as Equated Monthly Installments (EMIs) over a defined period of time. These loans are tailor-made to suit the various financial needs of businesses.


  •   Fixed loan amount
  •   Fixed tenor of payments
  •   May or may not require collateral
  •   Fixed or Floating Interest Rate
  •   Fixed Repayment Schedule

  •   Affordable EMIs
  •   Limited Cost of Loan
  •   Hassle free documentation and process
  •   Lower Interest Rates
  •   Minimal Documentation
  •   Flexible Repayment
  •   Quick Disbursal of Funds

  •   Good CIBIL score required
  •   Good business stability with profitability required
  •   High penal charges on default in non-repayment of Loan/EMI
    Documents Required

  •   Passport Size Photograph
  •   KYC Documents
  •   Business Documents and other details
  •   Company Profile
  •   Income Tax Returns and Audited Financial Statements of last 3 years
  •   Bank Statement of last 12 months