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Business Loans

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. 
 

  • Business loans against property
  • GSTR based loans
  • Quick business loans against Gold/Deposits/Other liquid securities
  • Rent securitization loans against your rent receivables
  • Commercial vehicle loans
 

Key Features

 

  • Quick loan processing & approval
  • Hassle free balance transfer loans,  based on repayment track
  • Simple assessment norms
  • Longer repayment period up to 120 months
  • Flexible repayment options
  • Attractive Interest Rates
  • Low margin requirements on securities
  • Fresh loans/Takeovers/Reimbursement of expenses

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, go-down, furnishing, interior decoration etc.

 

Demand Loan

For meeting general administrative expenses.

Who can apply

  • Individuals- Self-employed professionals
  • Firms- Proprietorship /Partnership/LLP/Companies
  • 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:
 
 
  • 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 of the loan is made as Equal Monthly Instalments/EMI/Graded.
You can use any one of the ways to repay the loan:
 
 

Please visit the Interest Rates page for details