In present times with women creating a niche for themselves in every industry to match up to their counterparts, they are not left behind where the question of business is concerned. With changing times, more and more women entrepreneurs are establishing themselves as all-round business owners, not to leave behind that they are doing a swell job.
With the requirement of finances to run a business, we at HDFC Bank have curated and designed a one-of-a-kind Business Loan for Women to sustain their dreams and financial objectives.
Let us take you through the benefits of a Business Loan for Women.
- Loan Amount: Through the HDFC Bank Business Loan for Women, you can avail of a loan amount of up to Rs. 75 lakhs, we also provide the flexibility in select locations with an increment amount of Rs. 10 Lakhs that is a total of Rs. 50 Lakh loan amount However, you can also opt for a customised Business Loan to suit your financial requirement.
- Unsecured Loan: one of the vital advantages of a Business Loan for Women is that there is no requirement of any collateral or security or assurance from a Guarantor. The loan amount is sanctioned based on your business and your future business growth plan presented to the bank during the Business Loan application process. With this plus point, the Business Loan for Women is your best bet to enhance your business goals.
- Overdraft Facility: another added benefit of a Business Loan for Women is the Dropline Overdraft facility. It is an overdraft facility without any collateral or security. The withdrawal limit is set in distinct Current Accounts that drop monthly until the end of the Business Loan tenure.
- Interest Payment: A Business Loan for women permits you to pay interest only on the amount utilised. You don’t need to pay interest every month whether you utilise the funds or not. Offering you a seamless banking experience, we offer you the facility to pay as you use.
- Flexible Tenures: one of the significant advantages of a Business Loan for Women is the option of a flexible tenure offered through the loan. You can choose between a period ranging from 12 to 48 months towards repayment of your loan.
- Minimal Documentation: documentation required for the Business Loan for Women is extremely straightforward and effortless. Your loan application process is completed in a few minutes with the primary personal, business, and income information required.
- Check Loan Eligibility: as we bring you a seamless experience for your financial journey with us, you can use our eligibility calculator and check the same in just 60 seconds.
- Transfer of Loan: another benefit of a Business Loan for Women is that you can transfer your loan balance from another bank to HDFC Bank with ease.
With so many prevalent benefits of a Business Loan for Women, what are you waiting for? Apply for your HDFC Bank Business Loan for Women today. To know more, click here.
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*Terms and conditions apply. Business Loan at the sole discretion of HDFC Bank limited. Loan disbursal is subject to documentation and verification as per Banks requirement.