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CreditMantri Finserve Private Limited
CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002
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Tribe3 is a leading digital lender that offers quick, collateral-free and affordable business loans to small businesses. The loans of the company can be classified into three categories depending on the amount of loan ranging from Micro Business Loans (Rs. 1,00,000 – Rs. 3,00,000) Small Business Loans (Rs. 3,00,000 – Rs. 5,00,000) and Medium Business Loans (Rs. 5,00,000 – Rs. 20,00,000). These loans are collateral free and are for a period of 1 to 3 years. Check your eligibility and apply online.
Currently not available! for similar products
Processing Fee
2%
Max Tenure
2 yrs
Best Rate
18%
Tribe3 is a leading lender in the digital lending market. It provides instant financial solutions to eligible small businesses. The company caters to the financial needs of the micro, small and medium enterprises, commonly known as the MSME Sector of the country. The MSME sector is often considered as the backbone of the country. Although the MSME sector is largely an unorganized sector it provides not only major employment opportunities but is a major contributor in the manufacturing and service sector of the country. Despite its importance, the MSME sector faces many issues or hurdles when it comes to securing urgent and hassle free finance to survive or for growth and development.
Tribe3 aims to bridge this gap by offering instant and hassle-free financial assistance to small businesses, to help them survive and flourish. The business loans of Tribe3 are designed to ensure eligible customers get easy and hassle free access to immediate funds at reasonable and affordable rates with a flexible repayment tenure. The details of the business loans of Tribe 3 are mentioned below.
Tribe3 has maintained very broad and inclusive eligibility criteria to ensure maximum reach to those in need of immediate financial assistance and provide them with timely funds for their needs. The eligibility requirements for Tribe3 business loans are mentioned below.
Eligible applicants
The eligible applicants for Tribe3 business loans are the following entities
Age of the business
The business has to be in existence for at least a year to be eligible for the business loan of Tribe3.
Turnover of the business
The turnover of the business is another important eligibility criterion set by the company. This is to ensure the health of the business and to safeguard the interest of the company. Tribe3 requires the business to have a minimum turnover of Rs. 1,00,000 per month.
Bank account
The applicants have to hold a valid bank account to be eligible for the business loans of the company. The customers need to have a savings account for proprietorship and current account for other applicants.
Location of the applicant
Tribe3 provides loans to the eligible businesses currently only from the following locations
The documents required for Tribe3 business loans are basic KYC documents and business documents that have to be submitted along with the application form to complete the application and get the funds sanctioned promptly.
These documents have to be submitted in the digital format (PDF) along with the online application for the business loan.
The application process of Tribe3 Business Loan is entirely digital and can be made through the website of Tribe3. The link for the same is mentioned below.
tribe3[dot]com apply-for-business-loan-online#apply-form
The above link will take the customer to a new page where the customer will have to fill in all the following details.
After filling in these details the customer will be directed to another page where the customer will have to upload the scanned copies of the documents required which are to be submitted along with the application. Post this step the company will verify the eligibility and documents submitted by the customer along with the application form. Upon satisfaction of the same, the customer will be sanctioned the business loan sought and the same will be credited in the bank account mentioned by the customer.
Tribe3 business loans are available readily to the small businesses for their working capital needs or for growth and development of the business as the case may be. The various features and benefits of the business loans of Tribe3 ensure that the small businesses get the benefit of instant financial assistance at affordable rates along with flexible repayment tenure.
The details of the features of the loan are mentioned below.
Amount of loan
The amount of loan the customers can get through the business loan of Tribe3 is classified into 3 categories. The details of the same are tabled below
Category | Minimum Loan | Maximum Loan |
Micro | Rs. 1,00,000 | Rs. 3,00,000 |
Small | Rs. 3,00,001 | Rs. 5,00,000 |
Medium | Rs. 5,00,001 | Rs. 20,00,000 |
Customers can also apply for top-up loans on existing business loans. Such top-up loan will be sanctioned provided the customer has been duly paying the EMI for the past 9 months since the sanction of the loan.
Interest rates
The rate of interest on Tribe3 Business loans is very affordable and reasonable as compared to the market standards. The rate of interest will depend on the amount of loan sought, the credit profile of the customer, the tenure of the loans and other relevant factors set by the lender in this regard.
Tenure
The business loans of Tribe3 are in the nature of short term loans. The tenure of the loans is from a minimum period of 1 year or 12 months up to a maximum of 3 years or 36 months.
Collateral
The customers get the business loans without any need for collateral or guarantor. This ensures that the customers do not have to let go of ownership of their business (partly or wholly) or lose any asset for the same.
Quick processing and Disbursal
The business loans of Tribe3 are processed quickly and disbursed within 72 hours of application. This ensures speedy disbursal of the loans to provide prompt funds for the requirement of the small businesses.
Application and processing charges
The customers are charged any amount as fees for applying a business loan of Tribe3. The processing charges levied by the company are also nominal and do not put any excess burden on customers.
Other benefits
The other benefits of Tribe 3 business loans include the business aid in the form of expert business advice to streamline their operations and expert guidance wherever required. Tribe3 thereby becomes part of the business growth not only as a lender but also in the form of an advisor
Customers can contact the customer care service of the company for any queries of issues they may have with regards to their business loans or any other product. The contact details for the same are mentioned below.
Helpline Number – 1800 2 663 663
Email Id – contact[at]tribe3[dot]com
Customers can also fill their personal details like name, address, mobile number and their query on the page available through the following link and submit the same.
Home Contact
Tribe3 representatives will contact the customers upon receiving the query and resolve the same.
1. What is the maximum amount of business loan available to the customers of Tribe3?
Tribe3 provides business loans up to a maximum of Rs. 20,00,000 to its eligible customers.
2. What is the maximum tenure of loans?
The maximum tenure of the loans is 3 years or 36 months.
3. Can a person get a top-up loan on an existing business loan of Tribe3?
Yes. Customers can apply for top-up on existing business loans provided they have been paying the EMI for the existing business loan duly for the past 9 months since the start of the loan.
4. What are the other products of Tribe3?
The other products of Tribe3 include
5. What is the helpline number of Tribe3?
The helpline number of Tribe3 is 1800 2 663 663.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf. We do not sell any loans on our own and do not charge any fee from our customers/viewers for the purpose of loan application