Business Loan Details
What Types of Business Loans Are There?
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For Professionals: Doctors, accountants, architects, and similar professionals can use business loans to buy equipment, set up offices, or expand their practice.
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For Business Owners: Traders, manufacturers, and service providers can use loans to run or grow their business.
What is a Business Loan?
A business loan is money you borrow to help your business grow or improve.
You can use it to buy new equipment, open new branches, or upgrade your business.
The loan is repaid over time with interest.
How Much Can I Borrow?
You can borrow from ₹3 lakh up to ₹1 crore or more, depending on your business size, income, and eligibility.
How Long Can I Take to Repay?
Business loans are usually repaid within 1 to 4 years.
Some banks allow early repayment with a small additional charge.
What About Interest?
Interest rates typically range between 16% and 25%,
based on your credit score, business profile, and loan amount.
Who Can Apply?
- Age between 21 and 65 years
- Business operational for at least 2 years
- Minimum annual turnover of ₹50 lakh with profit
- Last 3 years of Income Tax Returns required
How to Apply?
Visit
money2go.in
,
choose your loan type, amount, and tenure, and submit your details.
You will receive offers from multiple banks, and our team will assist you at every step.
What Documents Do I Need?
- Aadhaar Card / Voter ID
- PAN Card
- Business registration documents
- Last 3 years ITR
- Bank statements
- Business & address proof
- Passport-size photographs
- Co-applicant documents (if any)
How Do I Send My Documents?
Upload your documents securely on money2go.in.
All documents are encrypted, used only for loan processing,
and deleted once the process is completed.
