Ambit Finvest Business Loan Interest Rates

With an Ambit Finvest Business Loan, you can borrow a high amount at low interest rates starting from 20% p.a. The interest rate you qualify for depends on various factors, such as your credit profile and prevailing market conditions. 

Understanding how these elements influence your interest rate can empower you to make a well-informed borrowing decision. Let’s dive into the details to explore how to secure the best possible rate for your business needs.

Here’s a breakdown of the interest rates, loan amount, and tenure details applicable to an Ambit Finvest Business Loan:

*Disclaimer: The mentioned details are subject to change at the discretion of the lender.

Here are the key details of the fees and charges associated with this business loan:

*Disclaimer: The mentioned charges are subject to change at the lender's discretion.

EMI calculations for business loans are simple. Let’s break the process with an example to understand how the EMI varies based on different tenures.

Suppose you take a business loan of ₹10 Lakhs at an interest rate of 20% p.a.. Here’s how your EMI would change depending on the repayment tenure:

*Disclaimer: The values mentioned above are indicative. Check the actual payable EMIs with your lender before applying.

Multiple factors help lenders determine your Ambit Finvest Business Loan rate of interest. Some of these are as follows:

Loan Amount

Borrowing larger amounts may attract slightly higher rates, as they pose greater risk to lenders. It is advisable to request an amount that aligns with your repayment capacity.

Credit Score

A high score improves your chances of securing lower interest rates. On the other hand, a lower score may result in higher rates due to increased perceived risk.

Flexible Tenure

A shorter repayment period may lead to lower interest rates as it helps reduce the associated risk for the loan provider. However, shorter durations also mean higher EMIs. Choose a tenure that strikes the right balance between affordability and total loan cost.

Credit History

A good repayment record demonstrates reliability and credibility. Timely repayments of existing EMIs and credit card dues can help you secure better interest rates.

Business Revenue

Your business’s turnover and profitability play a crucial role in determining your interest rate. Consistent revenue and stable financials often result in more favourable terms.

Follow these simple steps to apply for an Ambit Finvest Business Loan online:

• Click on the 'Check Eligibility' option on this page

• Provide your personal and income-related details

• Select 'Ambit Finvest' from the list of lenders provided

• Enter your preferred loan amount and tenure

• Cross check the details and submit the application

Following this, your application will be verified. The loan provider will reach out to you for further proceedings.