Business Loan
With simplified documentation and speedy approvals, getting the loan couldn't get easier.
Features
- Business Loan eligibility in 1 minute available online & across all branches
- Self employed customers get exclusive higher loan amount
- Best in class offerings on loan amount, interest rates and charges
Benefits
- No collateral/ guarantor /
- Speedy approvals
- Funds available for business expansion, working capital, child's education or home renovation
You will get some exclusive features and benefits with your HDB Finance Business Loan
- In - Principle loan eligibility in 1 Minute online and across all branches
- Loan Amount up to Rs. 50 Lakhs (Up to Rs. 2 Crore in selected locations).
- Flexible repayment options ranging from 12 - 60 Months.
- Credit Protect Insurance Plan:
We help you take care of your loved ones with a Credit Protect Plan to cover your loan at a nominal premium.*
In case of Natural / Accidental Death of the customer, the customer / nominee can avail of the Payment Protection Insurance (Credit Protect) which insures the principle outstanding on the loan up to a maximum of the loan amount.
We will charge a premium for this product, and the premium amount will be deducted from the loan amount at the time of disbursal. We will also charge service tax and applicable surcharge/cess at the rates notified by the government.
Secure your business loan with Credit Protect.
Key benefits of policy- Protects the family by paying off the loan amount in case of death of the customer
- Life Coverage – provides peace of Mind
- No need to use other savings to repay the loan
- Tax Benefits as per applicable laws
- One convenient package - loan + insurance