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business loan palakkad

Elevate your business to new heights with our Business Loan

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What is a Business Loan?

A Business Loan from NTC Finance is a financial solution designed to support the growth and operational needs of your business. Whether you’re looking to expand your operations, purchase equipment, or manage day-to-day expenses, our Business Loan offers a flexible, quick, and convenient way to secure the funds you need. With competitive interest rates and a customer-centric approach, NTC Finance’s Business Loan is your reliable partner in your entrepreneurial journey. Experience seamless financing solutions with NTC Finance’s Business Loan, designed to help your business reach new heights.

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Eligibility Criteria for Our Business Loan

Thinking about the required documents for availing a Business Loan? Check the eligibility criteria based on your employment type and experience easy documentation. You should meet the below mentioned eligibility criteria before applying for a Loan.

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Nationality
Indian
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Age
18 - 60 years
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Minimum Business Vintage
1 Year

Documents required to Apply for our Business Loan

Type Document
Land tax The applicant must provide proof of a Land Tax.
Photo 2 Photo's
Guarantor details 2 Phone numbers with the aadharcard
Shop Documents Rent agreement or Shop license

Let's Talk about Business Loan

For additional information regarding business loan, kindly visit our nearby branch or send us a message.

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Frequently Asked Questions

Most asked questions about our Business Loan
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The eligibility criteria typically include a stable business income, and a minimum 1 year period of business operation. You also need to provide valid identification, address proof, and business-related documents.

The loan amount depends on various factors such as your business income the nature of your business. NTC Finance offers business loans ranging from a few thousand to several lakhs.

If the loan is not repaid within the agreed tenure, it could affect your credit score and future loan eligibility.

The formula for calculating EMI is expressed as:
[P*R*(1+R) (n*12)]
Here, P represents the principal amount borrowed, R is the annual interest rate, and n denotes the number of years. Utilize our EMI calculator to quickly ascertain your monthly EMI for a specified loan amount, tenure, and interest rate.