You have various options to get business loan. Each bank has different interest rates different tenure and different loan amount criteria. The business loan amount and rate of interest is dependent on customers profile like Annual turnover, nature of business, Net profit, Gross profit, average bank balance, Cibil score etc. Every banks give business loan from minimum of Rs. 3 lacks to maximum of Rs. 50 lacks.
Easy Loan give you best platform to get offers from many banks and NBFC. By applying here you will get value of your profile and banks come to your doorsteps to give you best. Here you can take decision as per your choice, your loan amount, interest rate and in touch with as many banks as possible and get them to make loan offers to him. Then he can then try to negotiate with them and select the most cost effective option for him. The borrower will also have to take into consideration the processing fee and prepayment charges while finalizing the lender.
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