SME Loans| Loans for Business Growth

Page-header-breadcrumb

Business Loan Products

Overview

Are you an Entrepreneur looking for business growth? Are you planning to start a new manufacturing/processing /trading/service related business or want to expand an existing unit? Do you intend to purchase commercial vehicle for your business or hire vehicles on lease? Do you own a commercial property in a prominent locality and want to avail loan against future rent receivables?

With Federal Bank Business Loans, all your business dreams can become a reality. Avail hassle free loans as per needs of your business.

Federal Insta Loans, Know more.

Business loans against property

GSTR based loans

Quick business loans against Gold/ Deposits/ Other liquid securities

Rent securitization loans against your rent receivables

Business Vehicle Loans

Term Loans / Demand Loans for funding Working Capital Requirement or for acquisition of fixed assets.

Key Features

Quick loan processing & approval

Hassle free balance transfer of loans, based on repayment track

Simple assessment norms

Longer repayment period up to 120 months

Flexible repayment options

Attractive Interest Rates

Low margin requirements on securities

Fresh loans/Takeovers/Reimbursement of expenses

Facilities Offered

Working Capital or Non-funded limits

For procurement of stock, financing against receivables, meeting advertisement expenses. Overdraft/Cash Credit/Term Loans /Demand Loans/Bank Guarantee/Letter of Credit for meeting working capital requirements.

Term Loan

For purchase of fixed assets, machinery, equipment etc and construction of office building/factory, godown, furnishing, interior decoration etc.

Demand Loan

For meeting general administrative expenses.

How to apply

Who can apply

Individuals, Self-employed professionals
Firms- Proprietorship /Partnership/LLP/Companies
Any other legal entity engaged in manufacturing / Service /Trading, excluding NBFCs/Chit Companies/Real estate/Export Credit

To avail the loan, you can choose any of these:

Download the application form and submit it at your branch
Call our contact centre executives
Please visit any of our branches.

Documents Required

Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
Bank Account Statement (latest 12 months)
Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)
Income Tax/GSTR/ Sales tax returns of proprietor/partners/firms/companies, wherever applicable.
Audited/Unaudited financial statements as applicable for the past two years, in case of existing units.
Projected financial statements
Copy of license/NOC from local body or license from the competent authority for running the business.
Other documents may be requested as per individual/product requirements.