Are you a business owner in Kalyan looking for financial support to expand or manage operations? LoanPe provides business loans in Kalyan designed to empower entrepreneurs with the necessary funds for growth, innovation, and stability. With flexible repayment terms, competitive interest rates, and a hassle-free application process, LoanPe makes financing accessible and straightforward.
Why Choose LoanPe for Business Loans in Kalyan?
- Competitive Interest Rates: LoanPe offers attractive interest rates, making repayment manageable and aligned with your business cash flow.
- Flexible Repayment Tenure: Choose a tenure that suits your business needs, with repayment periods ranging from 12 to 60 months.
- High Loan Amount: Finance up to ₹1 crore depending on eligibility, helping you meet expansion, operational, or cash flow needs.
- Quick Disbursal: With a streamlined application process, approved funds are quickly disbursed to ensure your business plans stay on track.
Features of LoanPe’s Business Loan in Kalyan
- Unsecured Financing: Get a business loan without collateral, making it accessible for small and medium enterprises (SMEs).
- Doorstep Document Collection: Dedicated assistance is provided to collect necessary documents, minimizing disruption to your operations.
- No Hidden Charges: Transparent fees and charges mean you’ll know exactly what you’re paying for, with no hidden surprises.
- Loan Top-Up Facility: Eligible borrowers can opt for top-up loans to access additional funds as their business grows.
Eligibility Criteria for Business Loan in Kalyan
LoanPe has made the eligibility criteria easy and straightforward for businesses in Kalyan:
- Age: Applicants should be between 25 to 65 years.
- Business Vintage: Minimum 3 years of established operations in Kalyan or nearby areas.
- Annual Revenue: Steady annual turnover with a minimum revenue of ₹10 lakh.
- Credit Score: A credit score of 650 or above is generally recommended for faster approval.
Documents Required for a Business Loan Application
When applying for a business loan in Kalyan with LoanPe, you’ll need to provide these documents:
- KYC Documents: Valid Aadhar, PAN, or passport.
- Business Proof: GST registration, Udyam registration, or business registration certificate.
- Financial Documents: Recent bank statements, income tax returns, and profit & loss statements.
- Ownership Proof: Proof of business address and ownership details.
Fees & Charges
- Processing Fee: Ranges from 1% to 2% of the loan amount.
- Prepayment Charges: Minimal charges apply for early loan closure, ensuring flexibility if your financial situation changes.
- Late Payment Fee: Applicable for overdue EMIs.
Is collateral required for a LoanPe business loan in Kalyan?
No, LoanPe offers unsecured business loans, so collateral is not required.
Can I apply for a loan top-up?
Yes, eligible customers can apply for a top-up loan for additional funds
How long does it take to get a business loan?
With complete documents, LoanPe typically disburses funds within 7-10 working days.
Are there tax benefits on business loans?
Yes, interest paid on business loans is often tax-deductible under specific sections of the Income Tax Act.
Conclusion
With LoanPe, obtaining a business loan in Kalyan is streamlined, transparent, and tailored to meet the unique needs of businesses in the area. Enjoy the benefits of flexible terms, competitive rates, and accessible financing that supports your growth and operational goals. Apply with LoanPe today and take your business in Kalyan to new heights!
