Months in Operations
One of the major educational, cultural and financial centers in south India, Chennai has an expansion story that continues to be on the climb. The business output in this metropolitan city is competitive, and it has become home to various large-scale Indian and multinational companies. If the applicant seeks to run business in Chennai and is looking for a loan to expand their business and meet their working capital financing, then Rupee Station can be a great option. Rupee Station provides with the best rates and a multiple choice of products ranging from Business Loans to overdrafts or from letters of credits to cash credits. Whether the applicant is a self-employed individual or a partner in a Rupee Station has the product to suit all their needs.
Types of Business Loans provided by Rupee Station
Applying for loans at Rupee Station in Chennai is a rewarding experience and a key advantage. Rupee Station offers various Business Loans to their customers. Some of the loans provided by Rupee Station are:
How to find low interest Business Loan in Chennai
The uses are guaranteed of getting low-interest loans in this kind if they do their homework and are well prepared beforehand. Business loan amounts can establish from INR 2-3 lakhs for small enterprises and go up to INR 1-2 crore on a standard. This can be advanced depending on the size, scale, turnover and repayment abilities of the business. Average loan tenures can vary from 5-15 years in most scenarios as well. With the modest patience and research, the user is guaranteed of finding the most outstanding business loans in Chennai without any hassles.
Benefits of applying for Business Loan in Chennai at Rupee Station
• Rupee Station provides online hassle free processing. Applying for a loan online takes less than 5 minutes and is tremendously smooth.
• It offers Quick disbursement. Once the user asks for a loan online and as they upload the documents, the loan is approved in 3 days.
• No Prepayment Fees
• Simple loan arrangements
• Instant services are offered.
• 24/7 Customer Support
• Easy documentation
• Leads the applicants with all safety guidance
Eligibility for loan approval at Rupee Station
• Age of the customer should be between 21 - 60 Years
• Business should have a period of at least three years
• Business should consist of IT returns filed for the last three years
• Business Individual should be residing in the city for at least 1 Year
• Business should have all company documents and data adhering to the state laws
• The applicant requires essential documentation such as your address proof, identity proof, latest bank statements, etc
• Business Financials which consist of the overall turnover and profit after taxes should also be available
Documents required for Business Loan in Chennai at Rupee Station
Fill in the application form with the required details along with the necessary documents.
The bank verifies the records and sends in the approval within minutes
The money is disbursed to the bank account within two working days
Good CIBIL Score
21 or above that
Self Employed professional
Native of India
Valid Bank Account
PAN Card and Voter ID Card/Driving License
Bank Statements for the last three months