Business Loan
Introduction
“ Fuel up your business with Affordable Business Loans! ”
We take great pride and effort in ensuring that business owners and entrepreneurs meet their business goals by offering them the best possible financial solutions. Business loans allow you to usher in funds for your enterprise to expand your existing business, boost production, take your operations online, buy new machinery and more. The quick infusion of cash through business finance enables you to make necessary purchases and payments on time ensuring smooth business functioning. SCCSL offers customized business loans for small and medium businesses of our Members.
- Minimal paperwork and easy documentation
- Convenient and Hassle free processing
- Quick and easy loan disbursement
- Transparent services and no hidden cost
- Direct funding without any intermediary
- Low-interest rates with customized repayment options
- Repayment during the loan tenure.
- Payable in equal, easy and affordable monthly instalments
- Low Interest rate*
- Processing Fees Will Be Charged
- In case of non-payment of the instalment, penalty interest charges extra would be levied to the member.
- Any individual who is an active member of SCCSL
- Business must be in profitable condition for last three consecutive years
- Business turnover must show an upward trend
- A duly filled loan application form
- Latest Passport size photograph
- Proof of Identity (Aadhar Card/ Pan Card/ Voters ID card/ Driving License)
- Address Proof (Ration card/ Electricity Bill/ Passport/ Driving License etc.)
- Income Proof (Salary Slips,Saving Passbook,Six Month Bank Statement)
- Guarantee Proof(Savings Account Checks as per Loan Tenure)
- Current Loan Repayment Schedule (if any)
- Business Proof (copy of ownership papers, trade license/ Sales Tax Certificate/Partnership Deed, if applicable/Sole Proprietorship declaration)
- Minimum Two Guarantor Compulsory
- Latest Passport size photograph
- Proof of Identity (Aadhar Card/ Pan Card/ Voters ID card/ Driving License)
- Address Proof (Ration card/ Electricity Bill/ Passport/ Driving License etc.)
- Guarantee Proof(Savings Account Two Checks)
- Current Loan Repayment Schedule (if any)