HDFC Bank Business Loan

Get HDFC Bank Business loan to meet your business finance requirements. With HDFC Business Loan you can prepay part of your loan anytime or foreclose your entire business loan after paying foreclosure charges.

HDFC Bank Business Loan Interest Rate, Charges, Fees and Commissions

Categories under which HDFC Bank Business Loan Interest Rates are disbursed:

The details of HDFC Bank Business Loan Interests, charges, fees and Commissions

HDFC Bank Business Loan Eligibility

Following profiles are eligible for HDFC Business Loan

• Self Employed
• Individual Proprietors
• Private Ltd. Co.
• Partnership Firms involved in the Business of Manufacturing, Trading or Services.

The above mentioned profiles should have the below to qualify for HDFC Business Loan Eligibility

• Minimum Turnover of Rs. 40 Lakhs.
• Minimum of 3 years in current business
• 5 years total business experience
• Business must be profit making for the last 2 years
• Minimum Annual Income must be Rs. 1.5 Lakhs p.a.
• Age of Applicant: Min 21 years during applying for loan
• Age should not be more than 65 years at the time of loan maturity.

HDFC Business Loan Documents

You should have the following documents before applying:

• PAN Card of Applicant
• Proof of applicant identity
• Copy of Aadhaar Card/Passport/Voter's ID card/Pan Card/Driving License
• Bank Statement of latest 6 months
• Latest ITR along with computation of income
• Balance sheet and Profit & Loss a/c for the last 2 years
• Financial should be CA Certified /Audited
• ITR
• Trade license
• Establishment
• Sales Tax certificate
• Sole Prop. Declaration Or Certified Copy of Partnership Deed
• Certified true copy of Memorandum & Articles of Association