If you are looking for funds to expand and upscale your business, consider getting a loan of up to ₹50 Lakhs from Lendingkart on Bajaj Markets. Enjoy low interest rates starting from just 12% p.a. and repayment tenures ranging up to 3 years. With the digital application and documentation process, you can apply for a loan easily at your convenience. Once approved, you can receive the amount within 3 business days.
Here are the details of interest rates and charges of the business loan:
12% p.a. onwards (flat)
18% p.a. onwards (reducing)
Up to 2.75% of the loan amount
*Disclaimer: The rates and charges mentioned above are subject to change at the lender’s discretion.
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Fulfil the following requirements, specified by Lendingkart, to be eligible for the loan:
Your business must be operational for at least 6 months
Your business should generate a minimum turnover of ₹90,000 consistently for the last 3 months
You should fall under the age bracket of 25 - 60 years
Alongside this, you will be required to furnish some essential documents that are listed below:
Address Proof: Any one of the following
Driving licence, etc.
Identity Proof: Any one of the following
Business Proof: GST registration certificate, relevant trade licences, etc.
Copy of ITR filings of the last 2 years
Bank statements of the last 12 months
Follow these simple steps to apply for these business loans on Bajaj Markets.
Click on the ‘Apply Now’ option on this page
Provide your personal and business details
Select ‘Lendingkart’ from the list of partners
Choose the required loan amount and preferred tenure
Submit your application form
Post verification of your form, a representative will contact you for further proceedings.
The repayment tenure for Lendingkart business loans ranges between 6-36 months.
You can get amounts of up to ₹35 Lakhs with Lendingkart business loans.
You need not provide any security as Lendingkart business loan is an unsecured loan.
Vendors can get a Lendingkart Business Loan even with a low CIBIL score. However, a higher interest rate may be charged on the loan.