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Business Loan

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CredBuddha is your trusted loan aggregator for securing hassle-free business loans online. We specialize in connecting entrepreneurs with the best loan options tailored to their needs, ensuring financial growth and efficiency for their business ventures. In today’s dynamic market, quick and reliable funding is crucial for both startups and established businesses.

Personal Loan

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Features & Benefits
  • No Hidden Charges: Transparent terms and conditions.
  • Online Process: Fully digital application process.
  • Zero Collateral: No need to pledge any https://credbuddha.com/assets.
  • Competitive Interest Rates: Affordable rates to suit your needs.
  • Quick Approval: Immediate access to funds.
  • No Prepayment Penalties: Flexibility to repay early without extra charges.

Top NBFCs:

NBFC Interest Rate (p.a.) Processing Fee
Bajaj Finserv Starts from 15% p.a. Up to 3% of the loan amount
Tata Capital Starts from 12% p.a. 2% of the loan amount
HDFC Credila Financial Services Starts from 14% p.a. Up to 2% of the loan amount
Aditya Birla Finance Starts from 13% p.a. Up to 2% of the loan amount
L&T Finance Starts from 14% p.a. 2% to 2.5% of the loan amount
Muthoot Finance Starts from 13% p.a. Up to 2% of the loan amount
Shriram City Union Finance Starts from 14% p.a. 1% to 2.5% of the loan amount
Fullerton India Starts from 14% p.a. Up to 6.5% of the loan amount
IIFL Finance Starts from 15% p.a. Up to 2% of the loan amount
Indiabulls Commercial Credit Starts from 14% p.a. 1.5% to 3% of the loan amount

Top Banks:

Bank Interest Rate (p.a.) Processing Fee
State Bank of India (SBI) Starts from 9.50% p.a. Up to 2% of the loan amount
HDFC Bank Starts from 11.90% p.a. Up to 2.5% of the loan amount
ICICI Bank Starts from 12.00% p.a. Up to 2% of the loan amount
Axis Bank Starts from 10.75% p.a. Up to 2% of the loan amount
Kotak Mahindra Bank Starts from 11.50% p.a. Up to 2% of the loan amount
Bank of Baroda Starts from 10.00% p.a. Up to 1% of the loan amount
Punjab National Bank (PNB) Starts from 8.95% p.a. Up to 1% of the loan amount
IDFC First Bank Starts from 12.00% p.a. Up to 2% of the loan amount
Yes Bank Starts from 11.50% p.a. Up to 2.5% of the loan amount
Union Bank of India Starts from 9.80% p.a. Up to 1% of the loan amount
Comparing NBFCs and Banks
  • Interest Rates: Generally lower at banks.
  • Loan Amounts: Higher at banks.
  • Processing Fees: Potentially lower at banks.
  • Approval Speed: Faster with NBFCs.
  • Eligibility Criteria: More flexible with NBFCs.
  • Documentation: Minimal with NBFCs.
Eligibility Criteria
  • Age: 24-58 years
  • Citizenship: Indian
  • Employment: Stable income source
  • Work Experience: 6-24 months
  • Monthly Income: ₹15,000
Required Documents

For salaried employees and self-employed individuals, standard identification, residence, and income proofs are needed.

Steps to Apply for a Loan
  1. Click on "Apply For Loan" Start your application by clicking the "Apply For Loan" button
  2. Fill Out Step 1: Enter your Name, Mobile Number, Employment Type, Salary, and Pincode. Click "Next".
  3. Fill Out Step 2: Provide details about your Salary Type, Company Name, and Desired Loan Amount. Click "Next"
  4. Fill Out Step 3: Enter your PAN Number, Date of Birth, Gender, and Email Address. Click "Next".
  5. Fill Out Step 4: Enter your Address, Locality, City, and State. Click "Submit".
Frequently Asked Questions
    1. How quickly can I get loan approval?

    Approval times can vary by lender, but many of our partner lenders offer fast approvals, often within minutes once your application is complete and verified.

    2. What are the eligibility criteria for applying for a loan?

    Eligibility criteria vary depending on the lender. Common factors include your age, income, employment status, and credit history. Each lender’s specific requirements will be detailed during the application process.

    3. What is the minimum salary requirement for a loan?

    The minimum salary requirement usually starts from ₹10,000 per month. However, this can differ among lenders. Please check the specific requirements for each loan product.

    4. Can I get a loan without providing income proof?

    Yes, some lenders offer loans without requiring income proof, but these are subject to specific conditions and may have higher interest rates. Check the lender's conditions to see if you qualify.

    5. What types of loans are available through your platform?

    Our platform connects you with various types of loans, including personal loans, home loans, business loans, education loans, and more. Each loan type has different terms and conditions.

    6. Are there any processing fees or hidden charges?

    Processing fees and charges depend on the lender and the loan type. All applicable fees will be clearly disclosed during the application process, ensuring transparency.

    7. How do I compare loan offers from different lenders?

    Our platform allows you to compare loan offers based on interest rates, loan amounts, repayment terms, and fees. Use our comparison tools to find the best loan for your needs.

    8. What documents do I need to apply for a loan?

    Required documents vary by lender but typically include proof of identity, address, and income. Some lenders may require additional documents based on their policies.

    9. How do I apply for a loan through your platform?

    To apply, select your desired loan type, fill out the online application form, upload any required documents, and submit your application. Our platform will match you with suitable lenders.

    10. Can I get assistance if I have trouble applying for a loan?

    Yes, our customer support team is here to help. If you encounter any issues or have questions during the application process, please contact us via phone, email, or live chat.