Key Features
Loans For
Self Employed Only
Rate of Interest
20-28%
Loan Tenure
1-3 Years
Processing Fee
2.5% onward
Eligibility
Income
More than 5 Lacs for last 6 months
Age
21-65 Years
CIBIL Score
650+
Other Conditions
- More than 1 year with valid document proof ( 1-2 years manual credit decisioning}
- Customer should not be ABFL's existing BL customer for last 6 months.
- No EMI cheque bounce/settlement in last 6 months.
- Minimu average bank balance 10000
- For Loan Amount > 2 lacs, either GST returns of last 24 months or bank statements of last 6 months r
- Segment - Individuals/proprietorship/professionals