HDFC BANK BUSINESS LOAN

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HDFC business loans in India are introduced keeping in mind the self-employed professionals/non-professionals and private and partnership firms. Under a business loan, an entrepreneur can borrow the loan amount to use it for business growth and expansions or to fund a start-up venture. More Info:-https://www.afinoz.com/hdfc-bank-business-loan

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Presentation Transcript

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HDFC BANK BUSINESS LOAN

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HOW CAN I GET BUSINESS LOAN FROM HDFC BANK • Minimum Turnover of Rs. 40 Lakhs. • Minimum of 3 years in current business. • 5 years total business experience. • Business must be profit making for the last 2 years. • Minimum Annual Income must be Rs. ... • Age of Applicant: Min 21 years during applying for loan. • Age should not be more than 65 years at the time of loan maturity.

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WHAT IS THE ELIGIBILITY FOR BUSINESS LOAN • Factors Deciding Business Loan Eligibility • Few important ones are: Age Limit: The applicant should be min 21 years max. 65 years. Income: Business should be profit making at least for the past 2 years. Turnover: ₹150000 p.a. should be the minimum annual income.

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HOW CAN I GET A START UP BUSINESS LOAN • Step 1: Perfect Your Business Plan. ... • Step 2: Get Your Credit Report In Order. ... • Step 3: Consider Offering Collateral. ... • Step 4: Consider Investing Some of Your Own Money.

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HOW CAN I GET A BUSINESS LOAN • Pinpoint why you need the money. Ask yourself how this loan will help your business. • Find the right loan. Choose a type of business loan based on your needs. • Find the best lender for you. ... • See if you have what it takes to qualify. ... • Get your documents ready and apply.

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THANK YOU • Thank you for being with us from the core team of Afinoz.com

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