Business Loan from IDFC Bank

What is business Loan: A Business loan is a loan that an individual or a company borrows from a bank or a financial company at a certain rate of interest to be used for business purpose only. The Business Loan is usually provided in the form of Working Capital or Term Loan.

Overview of IDFC First Bank: IDFC First Bank is an Indian banking company with headquarters in Mumbai that forms part of IDFC, an integrated infrastructure finance company. The bank started operations on 1 October 2015. IDFC received a universal banking licence from the Reserve Bank of India in July 2015. IDFC FIRST Bank is a private sector bank in India offering wide range of Personal, Business, Wholesale & Wealth Management services like home loan, personal loan, business loan, loan against property, two-wheeler loan, etc. to meet your needs. Business Loan interest rates start from 22.00% p.a. onwards. For more information, please visit the following link: https://www.capitalfirst.com/

Documents required for business loan:

1. Identity Proof

2. Address proof

3. Bank statement of last 6 months/Latest ITR/Latest audited financials

4. Qualification Certificate/Certificate of Practice (COP) OR Shop Act License/ MOA & AOA/ Sales Tax/ Vat registration/ Partnership Deed

Chillz India can help you in fulfilling your requirements. Our team of professionals can help you in getting the secured and unsecured Business Loan from IDFC First Bank (Capital First). We can help you in getting the working Capital, Cash Credit or Business Loan.