Business Loan

Gives you access to immediate funds

Available for salaried and self employed

Benefits of Saarebank Business Loan

  • - Low EMIs
  • - Immediate Funds availability
  • - Fast and easy Loan Processing
  • - Speedy Approvals
  • - Flexible Tenure
  • - Simple and Hassle free Documentation
  • - Easy Balance Transferring

Get Instant Business Loan

Get an Instant Business Loan from Saarebank

Saarebank appreciated that each business has new/unique financial needs. We take great pride and effort in making sure that entrepreneurs meet their business goals by offering them good financial solutions. We work hard to guarantee customer facility so that you can focus on growth in your business while leaving the financial aspects to us. We have also designed end to end digital process where you can digitally apply for a business loan from anywhere and anytime.

According to the business information which you mentioned on your online small and medium business loan application, we provide you best solutions that fit your needs.
Whether you are thinking to expand your business scale or start-up a large scale business, Saarebank has a wide collection of unsecured solutions.

Our versatile solution helps you take care are not just your capital needs but also short-term and working capital requirements towards everything from new buying or updating inventory to purchasing new equipment to office expansion, to business branding, and paying for additional staff.

Saarebank strives to provide the best business loans in Delhi as per the necessity of every unique customer across different sectors including the retail market, e-commerce, tours, and travel.

Features & Benefits

Get small and medium business loans up to Rs. 50 Crores, in just 24-48 hours. Invest the funds in your company infrastructure, expand operations, upgrade to the latest machinery technology, maintain inventory, or increase working capital. Saarebank’s business loans can give a much-needed boost to grow your enterprise-scale next level of profitability.

Top Features of Saarebank Business Loans

Large capital made affordably

Flexi loan facility

Hassle-free unsecured loans

Loans up to 20crore and more.

No collateral

Business Loan Eligibility Criteria

The eligibility criteria to apply for a Saarebank Business Loan are simple. To avail of a business loan, you need to meet these criteria:

Must be an Indian citizenship

Age b/w 24 and 70 years at loan maturity

You must own a business space which is currently inoperative from the last 3 years

Documention for Business Loan

Saarebank offers hassle-free business loans, and you only need to submit a few documents to apply. Listed below are the documents required to apply for small business loans in Delhi.

ID proof:

  • KYC documents
  • Aadhar card
  • PAN card
  • Passport
  • Driving license

Address proof:

  • Electricity Bill
  • Telephone Bill
  • Lease agreement
  • And More

Business ownership proof:

  • Business registration document
  • Partnership Agreement
  • Certificate of Commencement/Article
  • Memorandum of Association
  • And More.

Financial documents:

  • Previous Year ITR copy
  • Partnership Agreement
  • Last 6 months of Bank Account Statement
  • With Audited balance sheet
  • Previous 2 years Profit and loss statement

Business Loan FAQs

If you are a budding entrepreneur and need finance to meet the expenses of your working capital, you can get a small business funding of up to Rs.45 lakh based on your eligibility. Saarebank offers collateral-free funds to small businesses at affordable rates and simple terms. Our business loans come with additional benefits, such as the Flexi facility that lets you withdraw as many times as per your needs from the total sanctioned limit.
A business loan is an unsecured form of credit designed to cover various expenditures in a business. Borrowers need not mortgage any asset to avail funds. Saarebank offers loans up to Rs.45 lakh, against simple business loan eligibility criteria and basic documentation. Once approved, you get the amount disbursed within a working day.
Entities, self-employed non-professionals, and self-employed professionals can apply for a business loan. Once they fulfil the required eligibility criteria, they can fill up the online business loan application to get funds.
A CIBIL score of 685 is considered healthy to avail a business loan. The closer your score is to 900, the higher are your chances of getting small business financing on good terms.
An applicant can qualify for a business loan by meeting the following criteria:
Minimum 3 years of business vintage
Applicant’s age to be within 24 to 70 years (*Age should be 70 years at loan maturity.)
A healthy CIBIL score and strong credit profile
The business turnover ratio measures the proficiency of a business with which it effectively collects their receivables or the credit it has extended to its customers. To know how to calculate business turnover ratio, the total amount receivable from customers at the start of the accounting period must be added with the ending balance and divided by 2. The business turnover ratio can be calculated by then dividing the total sales on credit by the average balance (excluding the cash receipts).
To be eligible for a business loan, the applicant must own a business running for at least 3 years and have a good CIBIL score. Also, a good business loan turnover ratio gives a positive reflection of business growth and profitability, making it a good profile for a business loan.

Explore More Features Loans