Bandhan Bank Business Loan Advantage | Bandhan Bank Business Loans are a bunch of benefits for small to large businesses | Bandhan Bank Business Loans

Bandhan Bank Business Loan Advantage. Bonding Bank Business Loans are a bunch of benefits for small to large businesses

Bandhan Bank Business Loan Subidha - Detailed information about Bandhan Bank Loan for small to large businesses:

Are you going to start or are doing small or large scale business, if you know the business but can't start or grow it for capital then you are at the right place, today. In this post we will discuss how you can take a loan from Bondan Bank for your small or big business, which project is convenient for you, what is the interest rate, how long can be borrowed etc. Small traders in particular can easily start a business with a loan from Bondhan Bank. Then you can get a bigger business loan if the business grows.

So let's take a look at the details of Bondhan Bank business loan projects and this will give you a clear idea of ​​what kind of loan you need.

Bandhan Bank Business Loan - There are two types of loans for starting a business

1. Bandhan Bank Microlon:
2. Bandhan Bank Loan for Medium and Large Business

There are a few more projects under these, which are discussed in detail below.

For those of you who want to start a small business and start a business with a small size Bandhan Bank Business Loan, a micro loan from Bandhan Bank is very convenient.

There are four projects in Microlone: ​​-

1. Introductory loan
2. Creation loan
3. Prosperity loan
4. Solution loan

1. Introductory loan

What are the features of this type of bond bank business loan and what kind of paperwork is required

You can take this type of loan to grow a small new business or old business.

These loans are disbursed on very simple terms by biometric authentication in groups in your village or neighborhood.

For the convenience of the customers, the banking team visits your neighborhood.

The loan amount is from 1000 to 25000 rupees.

Payable within one year.

Requires simple and minimal documents.

The loan is easily available if the customer has a savings account in Bondan Bank.

What are the qualifications to get an introductory loan?

Must be between 18 and 65 years of age.

Must have a specific source of income.

Requires very minimal paperwork.

You can contact Bondhan Bank in your area or neighborhood or call this toll free number 18002588181 for more information.

Apply online

2.Creation loan:

What documents are required and what are the features?

This is a group based personal loan to grow your business.

This loan is given for recruitment of employees, purchase of equipment, raw material and other business related needs.

Bondan Bank has quick approval and disbursement arrangements for Savings Account holders.

The loan amount ranges from 26,000 to1.5 lakh.

The loan repayment period is two years.

Doorstep Banking - Loans are disbursed very easily by biometric authentication.

The following qualifications are required to get this type of loan

Must be between 18 and 65 years of age.

The borrower needs to have a specific source of income.

The borrower must be a resident of the project area or a member of any loan group of Bondhan Bank.

Very minimal documents are required to take a creation loan.

Apply online

3.Wisdom loan

What are its features and what documents are required?

Bonding Bank helps financially through this type of loan to further grow your stable business.

To get this loan, Bondan Bank needs to have an existing micro banking loan.

This loan is available after repaying 50% of the ongoing initial loan.

Approval for this type of loan is available 10 weeks or more after receiving the ongoing initial loan.

The loan repayment period is 12 months, 24 months, 36 months and 48 months.

Loans can be easily repaid in weekly or fortnightly installments.

At present the interest rate on such loans is 19.45%.

Processing fee up to Rs. 25,000 will not be required. 1% plus GST above Rs. 25,000.

An ongoing initial loan to an existing startup / creation / MEL project.

What documents are required?

• Identity proof
• Address proof
• Passport size photograph

Apply online

4.Solution loan

In times of epidemics or crises, this type of loan service is only available to existing micro-banking customers.

The loan amount is 5 to 15 thousand rupees.

The repayment period is two years.

Arrangements for payment in weekly fortnightly installments.

Interest rate 19.45%

Age Requirement Minimum 18 years Maximum 65 years.

Necessary documents

• Address proof
• Identity proof
• Passport size photograph

Apply online

* Click here to apply the above microlons online. Then enter the name, email ID, mobile number, city name, pincode and other necessary information and apply by ticking the check box.

2. The projects that are available for loan for medium and large business are:

1. Tram loan
2. Working capital loan
3. Lone Against Property

1.Tram loan:

A new business venture or stable business expansion, small or medium enterprise owner, sole proprietorship, partnership company or ownership is eligible for this tram loan loan.

The loan amount depends on the documents of the borrower and the valuation policy of the bank.

The maximum term of the loan council is 7 years.

Age minimum 23 years and maximum 60 years.

Non-individual applicants must have a minimum of two years of business experience.

What documents are required?

• Properly filled application form
• Passport size photo of the borrower
• Two copies of the guarantor's passport size photo
• KYC
• Last year's financial statements
• Trade license or other regulatory license
• Ownership documents
• Copy of Partnership Deed / Copy of MOA and AOA or other related paperwork in case of company / partnership firm
• Or the bank may ask for other documents if necessary

Apply online

2.Working Capital Loan:

This loan is provided on easy terms to meet the financial needs of your business.

The loan amount depends on the borrower's paperwork and the bank's policy assessment.

Loan Term - Changeable as per demand.

The assets are financed by the bank to insure.

What documents are required?

• Properly filled application form
• Passport size photo of the borrower
• Two copies of the guarantor's passport size photo
• KYC
• Financial statements for the last 3 years
• 6 months bank Statement of Account
• Trade license or other regulatory license
• Ownership documents
• Copy of Partnership Deed / Copy of MOA and AOA or other related paperwork in case of company / partnership firm
• Or the bank may ask for other documents if necessary

Apply online

3.Lone Against Property:

Under this scheme repairs and renovations will expand investment as well as business capital requiring loans for general business purposes.

The amount of the loan depends on the amount of assets of the borrower on paper and the valuation policy of the bank.

The maximum loan amount is 10 crore.

The maximum term of the loan is 15 years.

What kind of qualifications are required?

Ownership partnerships are LLP companies and self-employed professional traders.

Age minimum 20 years maximum 60 years.

The business firm must have a satisfactory track record with the business profits of the last two years.

Satisfactory bureau score.

Satisfactory banking and account management.

Necessary documents

• Properly filled application form
• Passport size photo of the borrower
• Two copies of the guarantor's passport size photo
• KYC
• Financial statements for the last 2 years
• 12 months bank account statement
• Trade license or other regulatory license
• Ownership documents
• Copy of Partnership Deed / Copy of MOA and AOA or other related paperwork in case of company / partnership firm
• Or the bank may ask for other documents if necessary

Apply online

* Click here to apply for the above Loan for Medium and Large Business Online. Then enter the name, email ID, mobile number, city name, pincode and other necessary information and apply by ticking the check box.