HDB Financial Services - Business Loans
HDB Financial Services is a leading non-banking financial company in India that offers a wide range of financial products and services, including business loans.
Business Loan Features:
- Loan Amount: Up to ₹50 Lakhs
- Tenure: Up to 5 years
- Flexible repayment options
- Quick and hassle-free processing
- Competitive interest rates
Eligibility Criteria:
To apply for a business loan with HDB Financial Services, the following eligibility criteria must be met:
- Minimum age of 25 years
- Minimum turnover of ₹10 Lakhs per annum
- Minimum credit score of 700
- Business should be in operation for at least 3 years
Documents Required:
- Identity proof
- Address proof
- Income proof
- Business registration documents
- Bank statements
How to Apply:
To apply for a business loan with HDB Financial Services, visit their website or contact their customer service helpline. You can also visit their nearest branch to speak with a loan officer and start the application process.
Contact Information:
For more information about HDB Financial Services' business loans, you can contact them at:
Phone: 1800-209-7797
Email: info@hdbfs.com
Frequently Asked Questions about HDB Financial Services Business Loans
1. What are the eligibility criteria for availing a business loan from HDB Financial Services?
Applicants must be Indian citizens between the ages of 21 and 65 years with a minimum annual income of Rs. 3 lakhs.
2. What is the maximum loan amount that can be availed for a business loan?
HDB Financial Services offers business loans ranging from Rs. 1 lakh to Rs. 50 lakhs, depending on the applicant's eligibility.
3. What documents are required to apply for a business loan from HDB Financial Services?
Documents such as proof of identity, address, income, bank statements, and business registration documents may be required.
4. What is the tenure of repayment for a business loan from HDB Financial Services?
The repayment tenure for business loans can range from 12 to 48 months, depending on the loan amount and repayment capacity of the applicant.
5. Are there any prepayment charges for HDB Financial Services business loans?
Yes, prepayment charges may apply if the loan is prepaid before the completion of the tenure. The charges vary depending on the loan terms.
