25+
Banks & NBFCs
Banks & NBFCs
Door Step Services
Processing Fee
Relationship Manages
The SCB Business Loan in Chennai is one of the finest business loans to opt for. All the entrepreneurs out there will be able to widen their business spread with the collateral free loans. Apart from opting for business loans, the loan applicants will also be able to get guaranteed instalment loans, if chosen to take SCB Business Loan in Chennai.
The Business Instalment Loan (BIL) is available at 17.25% PA and the Guaranteed Instalment Loan (GIL) is available at 13.5% PA. The bank also offers special benefits for branch/direct non-referral sourced customers and also for Priority Sector Lending (PSL) customers. Hence, the easy way to find a strong financial support to your start-up or project launches is choosing SCB Business Loan in Chennai. We have discussed the prominent features, eligibility criteria and other key documents required to be eligible for SCB Business Loan in Chennai, in-detail.
However, before that, it is essential to know that availing professional loans is easier if the loan applicants sought the help of the best SCB Business Loan Dealers in Chennai. Here, the team of LoansBazaar who are also the top SCB Business Loan Agents in Chennai, comes into the scenario and provides the loan applicants with complete financial assistance.
A guaranteed annual turnover is expected from a loan applicant.
Self-employed individuals, proprietors, private ltd. co. and partnership firms involved in the business of manufacturing, trading or services.
The business existence must be at least for 2 – 3 years. The credit amount depends on the nature of the business and CIBIL score
Salaried | Self-Employed |
ID Proof - Passport, PAN Card, Voters' ID, Aadhaar Card, Driving License | ID Proof - Passport, PAN Card, Voters' ID, Aadhaar Card, Driving License |
Address Proof - Passport, Aadhaar Card, Driving License | Address Proof - Passport, Aadhaar Card, Driving License |
Salary slips - (For three months), Bank statements for last 6 months | Salary slips - (For three months), Bank statements for last 6 months, Proof of Business existence, Maintenance and Electricity Bills, Last 2 years Income tax returns of the applicant, Copy of GST registration for business |