Dhanlaxmi Bank Business Loan
Run your business smoothly with financial assistance from Dhanlaxmi Bank; ROI starts from 10.70% onwards
Loan Details
Interest Rate
Starting from 10.70% p.a. Onwards
Processing Fee
Nil
Prepayment
Charges
Nil
Tenure
The loan period can extend up to 60 months
- Eligibility Factors
- Documents Required
- Loan Verification Process
- Rate of Interest
Dhanlaxmi Bank Business Loan
- Age: Minimum of 23 years
- Credit score: Should have a good credit history
- Employment type: Retailers, Service Providers, Contractors, Manufacturers, Traders and Wholesalers
- Minimum net income (monthly): Should have a regular source of income
- Work experience: Minimum 5 years; 4 years in the current business
The loan verification proceeds in the following stages:
- Fill the application form and upload it on the official website or wherever
required. Attach copies of all the relevant documents. You can do it by signing
up on Apnapaisa.com. - The customer care representatives will get back to you within 24 hours and schedule
visits to collect document copies (in case you opt for offline submission of
documents). - The concerned officials verify the documents and may visit your work or home
address; if necessary. - Once your application is approved, the loan amount will be disbursed to your
account.
- Construction Finance: 10.70% onwards
- Working Capital Loan (Cash Credit): 10.50% onwards
- Working Capital Loan (Packing Credit): 10.30% onwards
- Term Loans: 10.60% onwards
- Short Term Loans: 10.10% onwards
- Overdraft: 10.50% onwards