Business Loan in Thane

Thane is considered to be a hub of new and emerging companies across several industries. Several large corporations and businesses such as JP Morgan, Deloitte, Accenture, and many others have their headquarters based in Thane. If you are looking to apply for aThane is considered to be a hub of new and emerging companies across several industries. Several large corporations and businesses such as JP Morgan, Deloitte, Accenture, and many others have their headquarters based in Thane. If you are looking to apply for aThane is considered to be a hub of new and emerging companies across several industries. Several large corporations and businesses such as JP Morgan, Deloitte, Accenture, and many others have their headquarters based in Thane. If you are looking to apply for a business loan in Thane, Piramal Capital and Housing Finance can help you with several benefits such as quick disbursement, minimal documentation, and many others.

Want to know more?

Features of a Business Loan

When it comes to availing of a business loan, make sure that you check all of its available features as they can be beneficial. Here are some of the main features of a business loan that is impressive to many applicants.

  1. Quick Approval
  2. One of the most important features is that we ensure that your loan application and the disbursal process happens quickly. Typically, banks prolong the verification and approval processes thereby leading to plenty of delays in plans.

  3. Wide Range of Collaterals
  4. Collaterals have always been an issue with respect to availing higher loan amounts with security. With Piramal Capital and Housing Finance, you can avail of loans across a wide variety of collaterals including several types of properties.

  5. Door Step Service
  6. You no longer have to travel to the physical branch of the bank or lending institution. Now, you can apply for a loan from the comfort of your home or workspace.

  7. Attractive Interest Rates
  8. Interest rates are a key parameter that determines your repayment journey. With our competitive interest rates starting from 12.5% per annum, both self-employed individuals and salaried individuals can benefit greatly.

  9. Higher Loan Amount
  10. Our extensive assessment process enables you to opt for loans with high capital. This avoids applying for multiple streams of credit to meet your business needs.

Eligibility Criteria

Before applying for a business loan in Thane, make sure that you meet the following eligibility criteria to ensure a smooth application process.

  1. Age
  2. To apply for a business loan in Thane, you should be between 21 and 70 years of age if you are a government employee. If you are an employee working at a private company, you can apply between 21 and 62 years of age.

  3. Employment
  4. You should work in a multinational corporation, government organization, proprietorship concern, LLP, partnership firm, PSU, private sector companies, or trusts run by NGOs or societies. Self-employed professionals should be doctors, CAs, or architects. Self-employed non-professionals should be proprietorships, partners with partnership firms, business owners, or promoters’ directors of public or private limited companies.

Documents Required

The list of documents varies between self-employed individuals and salaried individuals.

Self-Employed Individuals

  • Passport
  • Voter ID
  • Driving License
  • Aadhaar Card
  • Utility bills such as telephone bills, electricity bills, etc.
  • KYC documents
  • Income tax returns for the past two years along with computation
  • Bank statements of the last 6 months
  • CA audited financials and records for your collateral.

Salaried Individuals

  • Job card (NREGA)
  • Voter ID
  • Utility bills such as telephone bills, electricity bills, etc.
  • Passport
  • Driving License
  • Aadhaar Card
  • Letter from National Population Register containing photo/name and address
  • KYC documents
  • Last 3 months’ salary slips
  • Income tax returns for the last 2 years/Form 16
  • Bank statements of the last 6 months
  • Documentation related to your collateral property

How to Apply Online?

You can apply for a business loan in Thane through Piramal Capital and Housing Finance by following these four simple steps.

Step 1: First, you have to visit Piramal Capital and Housing Finance’s website to start your application process.

Step 2: Once you navigate the website, you have to click on the “Quick Apply” option.

Step 3: After you click on that option, a form will be displayed where you have to enter your information such as your name, contact information, email ID, the loan amount you require, and your current location.

Step 4: After filling in these details, click on “Submit” to complete your application process.

In a Nutshell

Applying for a business loan in Thane can be done simply with Piramal Capital and Housing Finance. Make sure that you have all of the required documents ready to have a hassle-free application process.