ICICI Bank Business Loan on Rubique

Business Loan

Apply ICICI Bank Business Loan Online @18.50% Interest Rate Onwards

Processing Time

NA

Interest Rate

18.50% onwards

Processing Fees

2.0% + ST

Pre-Payment Fees

Nil

Tenure

1 - 3 years

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    ICICI Bank Business Loan - What You'll Love

  • Quick processing and disbursal of loans
  • Loan documentation at your location for ease and flexibility
  • Attractive interest rates
  • Easy switch-over of banking limits
  • Hassle-free renewals with minimum documentation

    ICICI Bank Business Loan Eligibility

  • Age: Min 28 years to max 65 years at the end of loan tenure
  • Annual turnover min 20 lacs
  • In current business for at least 5 years

    Documents Required for ICICI Bank Business Loan

  • Entity proof – Partnership deed/Certificate of Incorporation/Shops and Establishment certificate
  • Copy of PAN Card of Entity, Proprietors/Partners/Directors, Security providers and guarantors
  • Address Proof of Entity, Proprietors/Partners/Directors, Security providers and guarantors
  • Last 3 years Audited/Provisional Financials (Audited financials to include Balance Sheet, Profit and Loss Account along with schedules and Notes to Accounts, Tax audit reports, Statutory Audit report). In case of Provisional financials, VAT returns are also required.
  • Current year performance and projected turnover on letterhead of the entity
  • Last 1 year Income Tax returns of the borrowing entity (along with Computation of Income and copy of acknowledgement), if filed online, acknowledgement number is required
  • Latest Bank Statements for last 6 months (in case of First Time Borrower) and 12 months (in case of Takeover proposals). In case of multiple banking, statements covering minimum 75% of banking turnover is to be provided.
  • Bank Statements (not more than 45 days old)

    ICICI Bank Business Loan - Fees and charges

  • Processing fees : Up to 2% + ST

    ICICI Bank Business Loan Offers

  • No offers available.