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CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002
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IDFC First Bank is a key private lending financial institution that offers various types of banking products, including business loans to individuals and businesses. IDFC First Bank offers the Business Installment Loan (BIL) to its customers. It’s an unsecured loan provided to self-employed individuals and businesses. BIL can be utilized for various business purposes like purchase of machinery, expansion of business and similar business activities.
Highlights
| Particulars | IDFC First Bank Business Loans |
|---|---|
Rate of Interest | Starts from 20% p.a. |
Amount of Loan | Up to Rs. 1 crore |
Loan Tenure | Up to 4 years |
Type of Funding | Collateral free |
Quick Eligibility | Up to Rs. 50 lakhs |
Processing Charges | Up to 3.5% of the total loan amount |
Who can take an IDFC First Bank Business Loan?
Minimum Eligibility requirements
Documentation
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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