Interest Rate
Reducing interest rate of 28%
2% of Loan amount
Max Tenure
3 Years
Pre-Payment Conditions
Post 6 months, All charges including residual interest component of first six Monthly Installments to be paid along with PoS
Documents Required
ID proof (Mandatory -PAN Card, Form 60 to be filled in case PAN card not available), Adhaar Card
Business KYC - Shop Act, GST Certificate FSSAI, Current account, Udyog Aadhar, ITR
6 Month Bank statement, One year ITR
Loan Closure Conditions
Loan can be foreclosed 6 months from the date of disbursement
Closure Process
Closure request can be placed anytime by the customer via mail