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Interest Rate
Reducing interest rate of 24%
PROCESSING FEE
2% of Loan amount
Max Tenure
3 Years
Pre-Payment Conditions
No Foreclosure charges
Documents Required
ID proof (Mandatory -PAN Card, Form 60 to be filled in case PAN card not available), Adhaar Card
1 year Bank statement, Latest ITR
Business Vintage Proof (Shop and Establishment Certificate)
Property ownership proof
Latest month GST Returns
Loan Closure Conditions
No Foreclosure charges
Closure Process
Closure request can be placed anytime by the customer via mail. Customer can also request for closure at nearest Lendingkart branch