Friends, If you want to get a loan (Axis Bank Business Loan) grow your business, or start a new business, you will be able to get a loan easily through this article, we have told you about the business loan from Axis Bank.
In this article, we have told you how much loan is available in Axis Bank Business Loan? How much interest does Axis Bank Business Loan charge?, What is the processing fee in Axis Bank Business Loan?, Axis Bank has qualified to take a business loan? Who can take Axis bank’s business loan? What documents do axis bank business loans take? Etc.
Axis Bank Business Loan | Axis Bank Business Loan
If you want to start your business or grow it and you are short of money then you can apply for a business loan. The loan we are going to talk about today is being provided by Axis Bank, from those who want to start a business to rebuild the business, For new expansion and development, you can get funds through light business loans of schemes, etc.
How much business loan does Axis Bank get? | Axis Bank Business Loan Amount-
If you are thinking of taking a business loan from a bank, you should first find out how much funds that bank is providing us with the maximum amount of funds it is providing to us.
How much interest does it cost to take a business loan from Axis Bank? | Axis Bank Business Loan Interest Rate-
When you take a business loan from any bank, you should first find out the interest rate incurred because the interest rate determines how much money you have to pay in that loan. Similarly, you are given a loan in axis bank business loan at an annual interest rate of 15%.
What documents do you need to take a business loan from Axis Bank? | Axis Bank Business Loan Documents-
- KYC Documents (Aadhaar Card, Passport, Voter ID, PAN Card, Driving License)
- Proof of Address (Aadhaar Card, Passport, Voter ID Card)
- Bank Statement of last 6 months
- Income Calculation and ITR (certified by CA)
What should be the qualification to take a business loan from Axis Bank? | Axis Bank Business Loan Eligibility-
- You should be between 21 years and 65 years of age.
- If you are taking a loan to grow your business, you need to have at least 3 years of experience.
- Whatever business you have, the turnover should be above Rs. 30 lakhs.
- Your residence address should be stable and if you live on rent, the rental home must have at least 12 months’ residence.
What is the other fee for availing business loan from Axis Bank? | Axis Bank Business Loan Processing Fees –
Taking a business loan from Axis Bank charges you a processing fee of 2% of the loan amount. And if you don’t pay EMI on time, you have to pay an extra charge of 2% on the installment.
Axis Bank Business Loan Customer Care Number | Axis Bank Business Loan Customer Care Number-
If you follow all these procedures and you apply for a loan, you will definitely get a business loan from Axis Bank Friends, if you have any problem getting a loan with it, you can contact us on our firstname.lastname@example.org
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