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Check Eligibility For HDFC Bank Business Loan

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HDFC Bank Business Loan

Features:

  • Quick Eligibility Check & Disbursal
  • Flexible Tenure
  • Convenient Borrowing
  • 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 

Eligibility:

  • The business should have a minimum turnover of Rs. 40 lakhs
  • Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.
  • Those whose business has been profit making for the previous 2 years
  • The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum
  • The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity