Overview
Are you an Entrepreneur looking for business growth? Are you planning to start a new manufacturing/processing /trading/service related business or want to expand an existing unit? Do you intend to purchase commercial vehicle for your business or hire vehicles on lease? Do you own a commercial property in a prominent locality and want to avail loan against future rent receivables?
With Federal Bank Business Loans, all your business dreams can become a reality. Avail hassle free loans as per needs of your business.
Key Features
Facilities Offered
Working Capital or Non-funded limits
For procurement of stock, financing against receivables, meeting advertisement expenses. Overdraft/Cash Credit/Term Loans /Demand Loans/Bank Guarantee/Letter of Credit for meeting working capital requirements.
Term Loan
For purchase of fixed assets, machinery, equipment etc and construction of office building/factory, godown, furnishing, interior decoration etc.
Demand Loan
For meeting general administrative expenses.
How to apply
Who can apply
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Individuals, Self-employed professionals
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Firms- Proprietorship /Partnership/LLP/Companies
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Any other legal entity engaged in manufacturing / Service /Trading, excluding NBFCs/Chit Companies/Real estate/Export Credit
To avail the loan, you can choose any of these:
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Download the application form and submit it at your branch
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Call our contact centre executives
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Please visit any of our branches.
Documents Required
- Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
- Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
- Bank Account Statement (latest 12 months)
- Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)
- Income Tax/GSTR/ Sales tax returns of proprietor/partners/firms/companies, wherever applicable.
- Audited/Unaudited financial statements as applicable for the past two years, in case of existing units.
- Projected financial statements
- Copy of license/NOC from local body or license from the competent authority for running the business.
- Other documents may be requested as per individual/product requirements.
Repayment options
Rates and Fees
Please visit the Interest Rates page for details
What's New
With pre-approved personal loans available through WhatsApp, our customers are just a few clicks away from turning their aspirations into reality.