What is Business Loan ?
A business loan is a type of financial assistance provided by banks, financial institutions, or lenders to individuals or organizations to support their business activities. This loan can be used for various purposes, such as starting a new business, expanding operations, purchasing equipment, managing working capital, or covering operational expenses.
Business loans are designed to provide the funds businesses need to grow, sustain, or manage financial challenges while maintaining smooth operations.
You can Apply For Business loan with us and get business finance of up to 90 lakhs .You can avail; of our online business form the convenience pf your home or office.
Advantages of Dhan Varsha Finance: a trusted name in the financial industry, offers business loans tailored to meet the needs of entrepreneurs and businesses. Here are the key advantages of choosing a Dhan Varsha Finance Loan:
1. No Collateral Required
Dhan Varsha Finance provides unsecured business loans, meaning you don't have to pledge any assets or collateral to secure the loan.
2. Flexible Loan Amounts
You can avail of loan amounts ranging from ?5 lakhs to ?75 lakhs, depending on your business requirements and eligibility.
3. Competitive Interest Rates
Dhan Varsha Finance offers attractive and affordable interest rates starting from 12% per annum, making the loan cost-effective for businesses.
4. Flexible Repayment Tenure
Enjoy repayment tenures ranging from 12 to 60 months, allowing you to choose a plan that fits your business cash flow and financial capacity.
5. Minimal Documentation
The loan process involves minimal paperwork, making it hassle-free and time-efficient for busy entrepreneurs.
6. Quick Approval and Disbursa
Dhan Vrsha Finance ensures a fast loan approval process, with funds being disbursed quickly to address your business needs without delays.
7. Customized Loan Solutions
Whether you need funds for expansion, purchasing equipment, hiring staff, or working capital, Dhan Varsha Finance offers customized loans to cater to your specific business requirements.
8. No Hidden Charges
Tata Capital follows a transparent policy with no hidden costs or charges, ensuring you know exactly what you’re paying for.
9. Prepayment Facility
Dhan Varsha Finance allows part-prepayment of your loan after a minimum lock-in period, reducing your overall interest burden.
10. Eligibility for Diverse Businesses
Dhan Varsha Finance Limited caters to various businesses, including startups, SMEs (Small and Medium Enterprises), and established enterprises across multiple sectors.
11. Digital Application Process
The application process is simple and online, allowing you to apply from the comfort of your home or office.
12. Dedicated Customer Support
Dhan Varsha Finance provides dedicated support to guide you through the loan process, from application to disbursal.
Why Choose Dhan Varsha Finance Limited?
Trusted Brand: Backed by Tata’s legacy, you can rely on Tata Capital for trustworthy and reliable financial solutions.
Customer-Centric: Dhan Varsha Finance limited focuses on understanding the unique needs of businesses and providing tailored financial products.
Flexible Financial Partner: Whether you’re looking to expand, manage cash flow, or handle unforeseen expenses, Dhan Varsha Finance business loans are designed to support your growth.
With Dhan Varsha Finance Business Loan, you can focus on growing your business while they take care of your financial needs!
Get Business Loan with Our 5- Step Application process.
Securing a business loan doesn’t have to be complicated! Follow our simple 5-step application process to get quick access to funds for your business needs:
Step 1: Assess Your Requirements
Determine the loan amount you need and the purpose of the loan (e.g., expansion, working capital, equipment purchase).
Step 2: Check Eligibility
Ensure you meet the basic eligibility criteria for the loan, such as:
Age: Typically between 21 and 65 years.
Business Vintage: At least 1-3 years of operational history.
Credit Score: A good score (above 650) improves your chances.
Annual Turnover: Meeting the lender's minimum turnover requirements.
Step 3: Gather Required Documents
Prepare the necessary documents, including:
Identity Proof: Aadhaar, PAN, Passport, or Driving License.
Address Proof: Utility Bills, Rent Agreement, or Business Address Proof.
Business Proof: GST Registration, Trade License, or Business Registration Certificate.
Financial Documents:
Last 6-12 months’ bank statements.
Profit & Loss statement and Balance Sheet (audited if applicable).
Income Tax Returns (ITR) for the past 2-3 years.
Loan Application Form: Duly filled and signed.
Step 4: Submit the Application
Fill out the loan application form online or visit the lender's branch.
Attach the required documents and ensure all details are accurate.
Step 5: Loan Approval and Disbursal
The lender will verify your documents and evaluate your eligibility.
Once approved, the loan amount will be disbursed directly to your bank account within a few working days.
Features of Our Business Loan
Our business loans are designed to empower businesses with the financial flexibility they need to grow and succeed. Here are the key features that make our business loans stand out:
1. High Loan Amounts
Borrow up to ?5 lakhs to ?75 lakhs, depending on your business requirements and eligibility.
2. Unsecured Loans
No need to pledge any assets or collateral. Our business loans are collateral-free, making them accessible and convenient.
3. Flexible Repayment Tenure
Choose repayment terms ranging from 12 months to 60 months, allowing you to manage your EMIs comfortably.
4. Competitive Interest Rates
Enjoy affordable interest rates tailored to suit your business’s financial profile, ensuring cost-effective borrowing.
5. Quick Loan Disbursal
Experience fast approvals and quick disbursals, ensuring you have access to funds when you need them the most.
6. Minimal Documentation
Simplified loan application process with minimal paperwork, so you can focus on running your business.
7. Flexible Usage
Use the loan amount for any business-related purpose, such as:
Expansion
Purchasing equipment or inventory
Hiring staff
Managing working capital
8. Prepayment Options
Prepay your loan in part or full after the minimum lock-in period, helping you save on interest.
9. Transparent Process
No hidden charges or fees. We maintain complete transparency throughout the loan process.
10. Eligibility for All Business Types
Suitable for startups, SMEs, and large enterprises across various industries.
11. Dedicated Customer Support
Our team of financial experts is available to assist you at every step, ensuring a smooth and hassle-free experience.
12. Digital Application
Apply easily through our online platform for faster processing and convenience.
Required Documents for a Business Loan
When applying for a business loan, having the right documentation ensures a smooth and hassle-free process. Below is the list of commonly required documents:
1. Identity Proof (of Business Owner/Authorized Signatory)
Aadhaar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof (of Business Owner/Authorized Signatory)
Aadhaar Card
Passport
Utility Bills (Electricity, Water, or Telephone)
Rent Agreement or Property Ownership Documents
3. Business Proof
GST Registration Certificate
Trade License
Udyam Registration Certificate (if applicable)
Certificate of Incorporation (for companies)
Partnership Deed (for partnerships)
Business Registration Certificate (Shop Act or MSME registration)
4. Financial Documents
Bank Statements: Last 6–12 months’ bank statements.
Income Tax Returns (ITR): Filed ITRs for the past 2–3 years.
Profit & Loss Statement: Audited profit and loss statement for the past 2 years.
Balance Sheet: Audited balance sheet for the past 2 years.
Turnover Proof: GST returns or sales invoices for turnover validation
5. Loan Application Form
A completed and signed loan application form provided by the lender.
6. Ownership or Collateral Documents (if applicable)
Property documents, such as sale deed, title deed, or lease agreement (for secured loans).
Any additional collateral documents requested by the lender.
7. Age Proof (of Business Owner/Authorized Signatory)
Birth Certificate
Aadhaar Card
Passport
8. Business Continuity or Vintage Proof
Proof of business operational history (e.g., GST filing or bank statement showing business activity for at least 1–3 years).
9. KYC Compliance Documents
PAN Card of the business or owner (for sole proprietorships).
PAN Card of the company/partnership (if applicable).
Articles of Association (AOA) and Memorandum of Association (MOA) for companies.
Tips to Ensure Smooth Processing
Make sure all documents are accurate and up to date.
Keep both originals and photocopies ready, as lenders may request to verify the originals.
Check the specific requirements of your lender, as they may vary slightly.