How to get HDFC Business Loan?

HDFC Bank Business Loan in Hindi HDFC Business Loan Interest Rate : In this article, we will know friends how we can take business loan from HDFC Bank. Before taking a business loan you should know that What is business loan, Like other banks and financial institutions, HDFC Bank also provides business loan facility to the customers. If you are starting your business then you can take loan to start a new business.

If you want to take a business loan from HDFC Bank then this article is for you. In this article we will know in detail that hdfc business loan What is the interest rate, eligibility, documents and how can we apply for this loan, etc., so read this article till the end.

Also read: Bandhan Bank Business Loan

HDFC Bank Business Loan in Hindi 2022

Any person can take a business loan to start a new business, to expand his business or to meet any expenses related to his business. Before giving bank business loan to the customer CIBIL Score So your credit score should be very good. business loan Secured & Unsecured loan It is of both types. if you HDFC Business Loan If all the conditions are fulfilled then you can get instant business loan from the bank.

HDFC Business Growth Loan to HDFC Bank Business Loan (HDFC Bank Business Growth Loan) is also called. You can get a loan of up to Rs 40 lakh (up to Rs 50 lakh in select locations) under HDFC Bank Business Loan. To avail this loan, you do not have to provide any collateral, guarantor or security which makes the loan process easier. You can take HDFC Business Growth Loan to meet your every type of business requirement. can.

Also read: Bajaj Finance Business loan

HIGHLIGHTS:

loan name	hdfc bank business loan 2022
lender	HDFC Bank
Rate of interest	Starting from 11.90% p.a.
loan tenure	12 to 48 months
loan amount	Rs 40 lakh (up to Rs 50 lakh in select locations)
processing fee	Up to 2.50% of the loan amount
Application Mode	online / offline
official website	https://www.hdfcbank.com/

Also read: IIFL Business Loan

HDFC Business loan interest rate 2022

HDFC Business Loan interest rate starts from 11.90% per annum which is maximum 21.35% per annum. Before applying for any business loan, you must business loan interest rate 2022 It is important to have correct information about If you apply for that loan without knowing the interest rate of the loan properly, then you may have to face problems at the time of repayment of the loan.

HDFC business loan interest rate depends on various factors of the customer such as the applicant’s credit history, CIBIL score, age, income etc. The better your credit score, you will be able to take advantage of the more attractive interest rates of the bank.

Also read: Lendingkart Business loan

Benefits and Features of HDFC Business Loan

• Any person can take a business loan to start his business, expand business or fulfill any need related to his business.
• You can take a business loan of up to 40 lakh rupees from HDFC Bank, this amount is 50 lakh rupees at selected places.
• Whether your business is any type of micro, small, medium industry, you can apply for HDFC Business Growth Loan.
• The interest rate of this loan starts from 11.90% per annum.
• The bank allows you to transfer your existing business loan to HDFC Bank.
• You get huge discount in interest rate and processing fee by transferring the existing loan. An interest rate of 15.75% and a processing fee of 0.99% is offered on transfer of an existing loan.
• Dropline overdraft facility is provided by the bank.
• HDFC Business Loan The loan tenure is from 12 to 48 months.
• Avail loans with easy and simple documentation.
• You can avail this loan without giving any kind of collateral, guarantor or security.
• You can pre-pay your loan subject to the condition that you have paid at least 6 monthly EMIs.
• By paying a very low premium, you can take advantage of the bank’s credit insurance scheme, under which the bank provides accident insurance cover to the customer.
• In just 60 seconds, you can check business loan eligibility by visiting the bank’s official website.
• Top-up loan facility for additional funds.

Also read: Mahindra Finance Business loan

HDFC Business loan Eligibility

Only those individuals can apply for this loan who are eligible for it. You can check your eligibility in just 60 seconds with the help of the official website of the bank. Following are the eligibility to apply for HDFC Business Growth Loan:

• The minimum age of the applicant should be 21 years.
• The maximum age of the applicant should not be more than 65 years at the time of loan maturity.
• Any self-employed individual, proprietor, private limited company and partnership firm engaged in the business of manufacturing, trading or services are eligible for this loan.
• The minimum turnover of your business should be 40 lakh rupees.
• This type of person who is in current business for at least 3 years and has total experience of 5 years is eligible for this loan.
• Such a person whose business is earning good profit for 2 years.
• The minimum annual income (ITR) of the business should be Rs 1.5 lakh per annum.

Also read: Government Business Loan Schemes

HDFC Business loan Documents required

Before applying for HDFC Business Loan, you should keep all your documents together so that whenever the bank asks for documents from you, you can show them all the documents immediately. To apply for HDFC Business Loan, you need to have the following documents:

• PAN Card – For Company/Firm/Individual
• As Identity Proof (Aadhaar Card, Passport, Voter ID, PAN Card, Driving License)
• As Proof of Address (Aadhar Card, Passport, Voter ID, Driving License)
• Bank statement of last 6 months.
• Latest ITR with calculation of Income, Balance Sheet and Profit and Loss Account for the last 2 years after CA certified/audited.
• Proof of Continuity (ITR/Trade License/Establishment/Sales Tax Certificate).
• Other Mandatory Documents.

Also read: Axis Bank Business Loan

How to Apply for HDFC Business Loan?

If you fulfill all the conditions of this loan, then you can apply for it both online and offline. To apply, follow the steps given below:

HDFC Bank Business loan online apply

• To apply online, you must first visit the official website of HDFC Bank. hdfcbank.com But have to come.

• On the home page of the website, you will see a select box.
• In this box, select the option of loan in the product type and select the option of business loan in the option of product.
• after selecting Apply Online Click on the option.
• Enter your mobile number and click on Proceed option.
• A form will open in front of you.
• Enter the requested information in it and submit.
• After this the bank employees will contact you and the loan process will be issued further.

Also read: ICICI Business Loan

How to apply offline?

• First of all, you have to go to your nearest HDFC Bank branch.
• Go to the bank branch and contact the bank employee who will provide you complete information about the business loan.
• Your documents will be verified.
• You will be given a form in which you have to enter the requested information.
• Attach your documents and submit it there.
• In this way your application will be completed.

Also read: Bank of India Business Loan

HDFC Business Growth Loan fees and charges

The fees and charges levied on the loan are as follows:

processing fee	up to 2.50% of the loan amount, Minimum- Rs.1000 Maximum – Rs 25,000 75,000 for self-employed customers as per board note
Prepayment – ​​Partial or Full	Pre-payment not allowed up to 6 EMIs, Partial payment up to 25% of the principal outstanding is allowed after 12 EMIs. Allowed only once in a financial year and twice during the loan tenure.
prepayment fee	6 to 24 months – 25 to 36 months – More than 36 months –
loan closure letter	Zero
duplicate loan closing letter	Zero
solvency certificate	Not Applicable
Fee for converting from fixed to floating rate	Not Applicable
Overdue EMI Interest	2% per month
Fee for converting from floating to fixed rate	Not Applicable
Stamp duty and other statutory charges	in accordance with applicable state laws
credit appraisal fee	Not Applicable
non standard repayment charges	Not Applicable
check swapping fee	500 rupees
amortization schedule fee	200 rupees
loan cancellation fee	Zero
check bounce fee	1st return – Rs 450 + tax per instance Second in the month- Rs 500 + Tax per instance 3rd onwards – Rs 550 + Tax per instance

Also read: SBI Business Loan

How to Check HDFC Business Loan Status?

If you have applied for online loan then you can track your loan status by following the steps given below:

• First of all you have to visit the official website of HDFC Bank.
• After visiting the website you business loan status Click on the option.
• Status form will open in front of you.
• You can track the status of your application by entering the requested information in it.

Also read: Shriram Finance Business loan

HDFC Business loan EMI Calculator

Before applying for the loan, you should calculate the EMI (Equated Monthly Installment) of your loan so that you can get an idea of ​​how much you will have to pay at the time of loan repayment. You can go to the official website of HDFC Bank Business loan EMI calculator With the help of this you can calculate the EMI of your loan.

The loan EMI depends on the loan amount, interest rate and loan tenure. You can find out the cheapest loan by comparing EMIs of various business loans.

HDFC Bank Business loan Customer Care Number

• HDFC Bank Customer Care Number : 1800 202 6161 / 1860 267 6161

Also read: SBI Business Loan for Womens In Hindi

Conclusion

In this article we have you HDFC Bank Business Loan in Hindi Provided complete information about. Any person can take a loan to start his new business or to expand the business. If you are facing any kind of problem in taking HDFC Business Loan then you can call on HDFC Bank Customer Care Number to get more information about the loan.

If you also have to take a business loan from HDFC Bank to start your business, then you can apply for this loan by reading this article. If you still have a question in your mind that HDFC Bank Se Business Loan Kaise Le then you can write to us in the comment.

Hope friends, you have found this article informative. If you liked this article then please share it with your friends.

Also read: What is a two wheeler loan and how to get it?

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