Inspired by the thoughts and work of Chhatrapati Rajarshi Shahu Maharaj, Bhausaheb Shelke, who was working in a specific field like the teaching profession, changed his direction after retirement.
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Rajashri Shahu Multistate Bank
Business Loan
It is possible to receive a secured or unsecured bank loan from a bank. Banks will demand collateral for secured loans, which might be forfeited in the event of late payments. The bank will usually ask to see the company's financial records, balance sheet, and business strategy in addition to researching the credit histories of the owners. However, a lot of small businesses are now looking to alternative finance providers, particularly smaller organisations.
Business loan interest rate:
Starting from With the down payment of 25% we provide Vehicle loan for a repayment tenure upto ….
Types of Business Loan:
- Term Loan
- Start-up Loan
- Working Capital Loan
Required Document
- Aadhaar Card Xerox
- Voting Card Xerox
- PAN Card Xerox
- Light Bill Xerox
- Ration Card Xerox
- Photo 4
- Savings Account Bank Statement for 6 months
- Bank Passbook Xerox (Nationalized Bank)
- 100 rupees notarized without putting a check on the stamp
- Industry base
Guarantor 2
- Aadhaar Card Xerox
- Voting Card Xerox
- PAN Card Xerox
- Light Bill Xerox
- Ration Card Xerox
- Photo 1
- Bank Passbook of one Guarantor (Xerox Nationalized Bank)
- 2 checks of one guarantor 100 stamps of one guarantor
- notarized without putting a stamp cheque
- LIC Policy
Note :- Borrower and both guarantors must have membership and income proofs of the organization
10% reduction in loan amount
Interest Rate :- 15 %
Rate of interest on arrears :- 2 %
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