BANK LISTS
Business Loan Eligibility Criteria
Primarily an unsecured loan, a Business Loan empowers you to avail funds without collateral for infusion into your enterprise for purposes that you deem fit.
However, to avail such a facility, you need to fulfil certain eligibility criteria laid down by our Partner Banks and NBFCs.
- Age
- Minimum 18 years
- Maximum 65 years a time of Loan Maturity
- Nationality
- Resident Citizen of India with no Criminal Record
- Employment
- Minimum 3 years Own Business Vintage
- Minimum Annual Turnover and Profit at Lender’s Discretion
- Registered Chartered Accountant Audited Balance Sheet Compulsory
- No Previous Default with any Financial Institution
- Credit Score
- Credit Score of 700 & More
Business Loan Eligible Entities
The following entities may avail Business Loans at Ruloans
- Resident Individuals
- Self-employed Professionals
- Enterprises
- SMEs or Small and Medium Enterprises
- MSMEs or
- Artisans
- Traders
- Manufacturers
- Shopkeepers
- Small Vendors
- Retailers
- Companies
- Private Limited Companies
- Public Limited Companies
- Sole Proprietors
Contact with us for any advice
Call Anytime
9945038539