Apply Capital First Business Loan Online
Explore 2017 Interest rates available for Capital First Business Loan. Check eligibility criteria, EMI calculator, documents required and get instant approval.
Capital First Business Loan
Capital First Business Loan is the best way to fulfill your aspirations of expanding your business. Business owners can meet their working capital requirements by using the Capital First Business Loan.
Capital First Business Loan Interest Rate, Charges, Fees and Commissions
| | ||
|---|---|---|
| Interest Rate | 16.00% - 24.00% | |
| Lowest EMI | Rs. 3,516 per lakh | |
| Tenure | From 24 months to 36 months | |
| Loan Amount | Min Rs. 100,000 and Max Rs. 500,000 | |
| Processing Fee | 1.99% | |
| Part Prepayment, Charges | Not allowed | |
| Early Foreclosure, Charges | Allowed after 24 EMI's, 5% charges up to 6 months and at 4% after that | |
Capital First Business Loan Eligibility
Self-employed professionals and individuals, partnership firms, sole proprietorship firms, closely held limited companies, private limited firms and doctors are eligible to apply for a Capital First Business Loan.
There are few factors on which Eligibility for the Capital First Business Loan depends upon the following-
- Profitability
- Business Stability
- CIBIL Score
Capital First Business Loan Documents Required
Documents required for processing your business loan documents are given below-
- Application form
- Address proof of individual
- Identity proof of individual
- PAN Card,
- Sales tax/ excise/ VAT/ service tax registration
- Copy of partnership deed
- Trade license
- Certificate of practice
- Registration certificate issued by RBI
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