Lendingkart Business Loan

For a business owner, building his business empire is the biggest dream to achieve. And further, the aim is to boost the business in the best way possible and create a brand. Well, it requires passion, a lot of hard work, conviction and off course money. The first three qualities will lead him to the way and money is the way. Many times due to shortage of funds, dreams of creating a niche come crashing down. Funds are required to purchase raw materials, machinery and upgrade the infrastructure or even starting a business in general. So, if you think your business has got it all to reach the pinnacle of success but only money is the limitation, no worries. Apply for a Business Loan from Lendingkart today on Finserv MARKETS. With a Lendingkart Business Loan, your dreams will not remain unfulfilled

Features and Benefits of Lendingkart Business Loan

  • Get Business Loans of up to Rs. 35 Lakhs

    You can avail a Business Loan of up to Rs. 35 Lakhs and expand your business venture to its fullest potential.

  • Superfast Business Loan Processing

    The application process is completely online at Finserv MARKETS. The smooth process eliminates the requirement of heavy documentation and paperwork.

  • Fast Turnaround Time and Disbursals

    You don’t have to wait long to avail the loan. You can get money credited in your account in just 3 working days.

  • No collateral required

    Lendingkart Business Loan is an unsecured loan, and you need not pledge any collateral as security.

  • Fair interest rates

    As per your requirement, rest assured that you will get the loan amount at best interest rates possible. The big data tools are used so that you get the lowest and suitable interest rate on your loan.

  • Extended Loan Tenure

    The repayment tenure ranges from 6 months to 36 months. The flexible tenure enables the hassle-free repayment of the loan.

  • No Hidden Costs

    There are no hidden costs and charges during the loan application process. You will be charged a one-time processing fee of 1-2%.

Lendingkart Business Loan Interest Rate and Charges

While availing the loan, it is important to consider the interest rates and associated charges. The Lendingkart Business Loan, comes with competitive interest rates and minimum processing charges.

The Lendingkart Business Loan interest rate starts at 12% p.a onwards, which is typically 1.5-2% per month. The interest rate depends upon the loan amount, and business type. There is a just a one-time processing fee which is 1-2% of the loan amount. The foreclosure charge, which is basically the charge incurred by the borrower on closing the loan before the actual term is over. Also, the foreclosure facility is allowed only after the first EMI is completely paid. There are no part payment charges and part prepayment charges as well.

An important point to consider here is the interest rates and associated charges are subject to change and the changes depends on the lender i.e. Lendingkart. You may also have to pay GST on the charges.

Lendingkart Business Loan Eligibility

Following are the criteria one needs to fulfill in order to be eligible for Lendingkart Business Loan:

  1. The business must be in operation for at least 6 months.
  2. A minimum turnover of Rs. 12 Lakhs p.a. is required while applying for loan. The turnover amount applies to 3 months before the loan application.
  3. The borrower should be between the age of 25 and 60.

Documents Required for Lendingkart business loan

While applying for a Lendingkart Business Loan, you need to provide some documents as well. Here’s the list:

  1. Proof of Address like Aadhaar Card/Voter ID/Driving Licence, etc.)
  2. Identity Proof (PAN Card/Aadhaar Card/Driving Licence/Passport etc.)
  3. Proof of Business (GST Registration Certificate, Trade License, Sales Tax)
  4. Copy of Income Tax Returns of the last 2 financial years.
  5. Bank Statement of past 12 months

Why Choose Finserv MARKETS for Lendingkart Business Loan?

Fast Online Processing

The loan application process on Finserv MARKETS platform is completely online. The smooth online process eliminates the involvement of heavy paperwork and also enables quick approval and rapid disbursal of the loan.

Minimal paperwork involved

Say goodbye to heavy paperwork. The documentation process involves very less of manual efforts and everything is digital.

Transparency Guaranteed

We promise transparency. Get all the information about your Bajaj Finserv pre-approved loan, upfront. No hidden charges!

Enhance your Credit Score

While applying for a Business Loan, it is very necessary to keep a track of the CIBIL Score. Download the Financial Health Check Report (FHCR), view your financial performance and take well-informed decisions in future.

A Trusted Partner

Finserv MARKETS has been successful in providing a great digital experience to the customers and become their trusted partner.

How to Apply for Lendingkart Business Loan on Finserv MARKETS

Applying for a Lendingkart Business Loan online on Finserv MARKETS is really very simple. Follow these steps and get your loan instantly!

  • Filling Details Online

    Enter your personal and professional details.

  • Specify Loan Details

    Select the loan amount and repayment tenure as per your choice.

  • Upload the Documents

    Upload the scanned copies of your documents

  • Approval & Disbursal

    Get online approval in 3 minutes and money in your bank within 3 working days

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Frequently Asked Questions on Lendingkart Business Loans

  • ✔️Why choose a business loan from Lendingkart?

    Lendingkart offers Business Loans up to Rs. 35 Lakhs with interest rates starting from 12% p.a. The loan can be used to expand your business operations, buy raw materials and much more.

  • ✔️What is the minimum and maximum tenure of business loan in Lendingkart?

    The repayment tenure for a Lendingkart Business Loan ranges from 6-36 months.

  • ✔️How much business loan amount I can borrow from Lendingkart?

    You can borrow up to Rs. 35 Lakhs as a business loan amount from Lendingkart.

  • ✔️How much time does Lendingkart takes in sanctioning a business loan?

    Lendingkart takes 3 working days to sanction the loan.

  • ✔️How much time does evaluation takes?

    The evaluation typically takes 1-3 days.

  • ✔️What are the repayment options of the availed business loan?

    The loan can be paid in EMIs either monthly or bi-weekly basis.

  • ✔️What is the interest charged on Lendingkart business loan?

    The interest charged on Lendingkart business loan ranges between 1.6% per month and 2% per month.