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Secured Business Loan

Top Features of Secured Business Loan

About Secured Business Loan

    Get Loans at low Interest Rates to meet your current financial needs by mortgaging existing property.

    • Excellent Customer Service
    • Minimal Documentation
    • Competitive Interest Rates



Q1. Who can avail the Secured Business Loan?

  • Self Employed Professionals
  • Small Businessmen & Service Professionals
  • Firms under Proprietorship structure
  • Partnership Firms
  • Private Limited Companies
  • Salaried Individuals

Q2. What is the purpose for which Secured Business Loan can be used?

Working Capital/ Business Expansion, Asset purchase Renovation / Extension of House / Office / Shop / Factory, Debt consolidation, Education.

Q3. What type of collateral can be accepted for LAP?

Residential and commercial.

Q4. What is the loan size available for Secured Business Loan?

INR 1.5 Lakhs to INR 50 Lakhs.

Q5. What Products are offered under LAP?

  • Term Loan
  • Combination of Term Loan & Overdraft
  • Balance Transfer

Q6. What is the maximum tenure for Secured Business Loan?

120 months (10 years).

Q7. Ways to apply for LAP?

A prospective client can apply for LAP through following ways:

  • Filling in online application form.
  • Contacting through the phone number or email id provided on website.
  • Visiting our nearest branch.
  • Existing liability customer can also apply by getting in touch with the RO.

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