Top Picks For Business Loans

In today’s time, there are many of them who are willing to start a business but usually drop the ideas of doing so because of finance needed. So, you are looking for the best banks and other financial institutes then here we have the list of the best ones with info like Loan amount applicable, repayment tenure, and interest rates for a business loan.

Top Picks for Business loan

Axis Bank –

This bank has to offer a loan amount starting from 3 lakh to a maximum of 50 lakh rupees. The interest rate for this bank starts from 15.5% p.a and the repayment tenure is said to be from 12 months to 36 months.

Bajaj Finserv –

This bank has to offer a loan amount starting from 1 lakh to a maximum of 40 lakh rupees. The interest rate for this bank starts from 18% p.a and the repayment tenure is said to be from 3 months to 36 months.

Capital First Prime –

This bank has to offer a loan amount starting from 1 lakh to a maximum of 9 lakh rupees. The interest rate for this bank starts from 21% p.a and the repayment tenure is said to be from 12 months to 36 months.

Fullerton Finance –

This bank has to offer a loan amount starting from 1 lakh to a maximum of 50 lakh rupees. The interest rate for this bank starts from 17% p.a and the repayment tenure is said to be from 12 months to 48 months.

HBD Financial Services ltd –

This bank has to offer a loan amount starting from 75 thousand to a maximum of 30 lakh rupees. The interest rate for this bank starts from 18% p.a and the repayment tenure is said to be from 12 months to 60 months.

HDFC Bank –

This bank has to offer a loan amount starting from 75 thousand to a maximum of 50 lakh rupees. The interest rate for this bank starts from 15% p.a and the repayment tenure is said to be from 6 months to 48 months.

ICICI Bank –

This bank has to offer a loan amount starting from 1 lakh to a maximum of 40 lakh rupees. The interest rate for this bank starts from 13% p.a and the repayment tenure is said to be from 6 months to 48 months.

These are the best banks and financial institutions that you can pick where the three major details covered are Loan amount applicable, repayment tenure, and interest rates for a business loan. We hope that the provided information has been of help to you. Do leave a comment below.

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