How to take business loan? Know 3 methods step by step!

Friends, do you want to take a business loan, but you do not understand how to take business loan and where to take it? How are the documents required? What types of documents are required? You may have many such questions in your mind, then you do not need to worry because in today’s article we will know how to take a business loan and from where, let’s start without wasting time.

Friends, in today’s time, many people in our country are unemployed and they are not getting jobs. Due to not getting jobs, their attention is going towards business, and they want to do business, which is a good idea, but they do not have money. Due to this, he is not able to do business and is thinking of taking a loan.

So friends, in today’s article we will tell you about the most popular applications and government portals from where you can apply for a loan ranging from Rs, 50000 to Rs 20 lakh. And you will get this loan within a few minutes. So friends, we will tell you three ways through which you can take a loan.

Are you eligible to take a business loan?

Do you want to take a business loan? If yes, then you will have to accept some terms and conditions of the bank. All banks and finance companies have their own requirements which all loan takers have to fulfill, if they do not fulfill these requirements then they are not given the loan.

Friends, if you apply for a business loan, then you will have to upload all the documents that will be required. Firstly, the requirement is that the age should be between 21 years to 65 years, and he should be an Indian citizen. Along with this, the applicant should have Aadhaar card, PAN card, bank account and his civil score should be low i.e., around 750.

What documents are required for a business loan?

Friends, to take a business loan, you should have the following documents

  • Aadhaar card
  • Pan card
  • Bank passbook
  • Mobile number
  • Business Certificate
  • GST registration
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Friend, even if you do not have GST registered, you can still apply for business loan because in this article I have told you about a way from where you can take loan without GST and business agreement.

How to take business loan?

How to take business loan
How to take business loan?

Friends, to get a business loan sitting at home and in a very short time, you must know the right option. You must know what a business loan is. Presently, let us talk about the ways in which a business loan can be taken. If you want to take loan easily and quickly, then you can take loan online. There are many websites, government scheme applications to take loan online, through which you can apply loan or business loan. Through these three options, you can take loan immediately.

  1. Lendingkart app
  2. PMEGP Website
  3. SBI Bank

How to take business loan from Lendingkart app?

Friends, this is an online loan giving application from where we can take loan for ourselves. The interest rate of this application ranges from 12% to 24% and this application gives you business loan ranging from Rs, 50000 to Rs 2 crore. To apply for loan through this application, you should have PAN card, Aadhaar card, and you should be eligible to take business loan, and you should be an Indian citizen.

Along with this, your age should be between 21 years to 65 years. If you are doing business in partnership then you must have a partnership agreement for that and if you are doing private or government business then for this also you will have to get document verification done.

Interest Rate on Lendingkart Business Loan?

  1. Loan amount: ₹1,00,000
  2. Time: 1 year
  3. Interest rate: 1.25% month
  4. Processing Fee and GST: ₹10000
  5. EMI per month: ₹9025

Lendingkart business loan apply online?

Friends, do you want to take a business loan and apply online immediately? If yes, then first you have to install the Lendingkart application. After installing the app, you will have to follow all the steps mentioned below one by one.

Step 1. First, you have to open the Lendingkart application.

Step 2. After that, click on apply now.

Step 3. Now you have to fill your personal details and also what business you are doing and where you are doing it.

Step 4. After doing this, you have to click on the submit button.

Step 5. Now you have to upload your document and click on the confirm button.

Step 6. After uploading the documents, your documents will be verified, after which the loan offer will appear in front of you. The offer will contain how much loan you can get.

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Step 7. Now you have to click on the claim offer option, after that enter your bank account details and click on the submit button. After doing this, you have to wait for a few minutes, after which your loan amount will come to your bank account.

How to take PMEGP loan?

Friends, this is a government scheme which has been run by the Prime Minister. Through this scheme, you can take loan. You can take any type of loan on this government portal, but friends, if we business people want to take it, then we will have to go to its official portal. Friends, before visiting this portal, you must have some documents like bank passbook, PAN card, Aadhaar card, mobile number and your age should be between 18 years to 60 years.

  1. First, you open Jan Samarth portal.
  2. Now register by entering your mobile number.
  3. After doing this, you have to click on the Business Activity Loan option.
  4. After that, click on check eligibility.
  5. Now you have to choose the option as per your choice, and then you have to click on the Calculate Eligibility option.

Now you will get the message Congratulations we have found 1 scheme for you, that is, you are eligible to take the loan and your loan will be approved within a few minutes. When your loan is approved, you have to fill your bank account details and click on the submit button. After some time, your loan amount will come to your account. Similarly, you can apply for education loan, personal loan and agricultural loan.

How much interest will be charged on taking loan from Jan Samarth?
  1. Loan amount: ₹2,00,000
  2. Time: 24 months
  3. Interest rate: 12%
  4. Total interest rate: ₹10,328
  5. Total amount to be paid: ₹10328+ ₹200000= ₹210328
  6. EMI every month: ₹8780

In this way, your loan schedule can be prepared.

How to take business loan from SBI bank?

There will be many people who want to take a loan from the bank but do not know which bank will give them the loan and how safe it is. In my opinion, if you want to take a business loan immediately and that too in a safe and under your supervision then You should take loan from SBI Bank.

SBI Bank provides many types of loans like home loan, business loan, gold loan, personal loan, two-wheeler loan etc. Anyway, if you have to take an online loan, we will tell you step by step below. To take this loan, you should also have some documents like PAN card, bank passbook, Aadhaar card and mobile number.

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Friends, if we take a business loan from SBI, then the interest rate here ranges from 11.20% to 16.30%. And here we can get loan ranging from Rs 5 lakh to Rs 1 crore. Here, the loan tenure ranges from 1 year to 5 years. You can take loan from SBI Bank in three ways.

  1. You can apply for loan from the official website of SBI.
  2. Furthermore, you can apply for loan through Yono application.
  3. You can take loan through SBI bank branch.

How to apply online for business loan from SBI bank?

Friends, first you have to go to the business website of SBI, after that you have to log in by entering your mobile number. As you will log in, a new page will open in front of you, here you have to fill the name, mobile number, loan amount, bank account number, after that click on proceed button. Have to click on the button.

After this, you have to fill your personal details address and upload the required documents. Now you have to put a tick mark in front of the payment condition. After that OTP will come on your mobile number, you have to fill it, and then you have to put a tick mark on Proceed for Office Confirmation. Then you have to fill the details with your bank account.

Now the documents given by you will be verified, after that within 24 hours you will get a loan offer as to how much loan you can get. Now you have to claim the loan as per your choice. After claiming, your loan amount will come to your bank account. Will go. So friends, this is how online loan is applied, about which I have told you.

How to take loan from SBI bank branch.

Friends, to take a loan from SBI bank branch, you will have to go to the bank branch and talk to the officer of the bank branch there. You will have to tell them about taking the loan. Just like you will tell them about taking the loan, the employees, or officers there will tell you about the loan. We will give you complete information about the loan and how you will get the loan. You can easily take loan from bank branch also.

FAQs

From which banks one can get business loan?

Business loan can be available from SBI Bank, Punjab Bank, Kotak Bank, Individual Bank etc.

Can business loan be obtained without PAN card?

No, you cannot take a business loan without a PAN card, nor will any bank give you a business loan or any loan without a PAN card. PAN card is mandatory.

Conclusion

Friends, in today’s article we have learned how to take a business loan and in how many ways. Along with this, we have also learned the answers to many other questions in this article, so friends, I hope that you will get information about business loan. You must have liked the given information and if you liked it then share it with your friends also.

Thank you

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