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Business Loan

With Decimus Financial Limited business loans, funding for your small business is now easy and hassle-free. Use the funds to invest in infrastructure, upgrade to the latest plant and machinery, expand operations, upgrade to the latest plant and machinery, increase working capital or maintain inventory. These varying types of business loans can give your business the boost it needs to reach newer heights with enhanced competitiveness and profitability.

Key Features

  • Loans starting from ₹10000 up to ₹10 Lakh
  • Flexible repayment tenures up to 48 months
  • Hassle free documentation and faster decision
  • No collateral/ guarantor required
  • Direct transfer to a bank account

Eligibility

  • You are at least 25 years old (not older than 55 years)
  • Government Approved Valid Identity Proof
  • You have an Aadhaar-linked mobile number handy
  • Applicants must have a business vintage of at least 2 years.
  • The applicant’s business must have a minimum annual turnover.

Business Loan Documents Required

Business owners need to submit the following documents required for a Business Loan. These are basic requirements that should be easy to gather and provide for loan consideration :

  • Company PAN Card, Director/Proprietor/ Partner PAN Card, Aadhaar Card, Passport.
  • Proprietor/Partner/Director PAN Card, Aadhaar Card, Electricity Bill/Rent Agreement/Passport.
  • Personal Docs - All Individual/Partner/Director - PAN & Officially Valid Documents + Proof of Address (If not as per Officially Valid Documents)
  • Reference Contact Details
  • Business Docs - Business Registration Proof + Business Address Proof (if not as per Business Registration Proof)
  • Utility bills/ Rent Agreement
  • Bank account statement of past 6 months.

Interest Rate

For our monthly tenure Business Loan product, the annualized interest rate varies between 12-16%.