Apply for HDBFS Bank Business Loan Back

Tenure Range

2 to 5 Years

Processing Fee

2% to 3%

Interest Rate Range

16% onwords

Rs.

HDBFS Bank Business Loan Interest Rate 2018

HDBFS Business Loan Interest Rate 2018
Interest Rate16% onwords
Processing Charges2% to 3%
Loan Tenure2 to 5 Years
Loan Amount 3 Lakhs to 1 Crore
Cheque Bounce ChargesRs 750
Cheque / Instrument Swap ChargesRs 750
Prepayment or Foreclosure Charges4% (on Fixed Interest Rate)
4% (on Floating Interest Rate)
NIL (Individual Borrowers)

Documents for HDBFS Business Loans

Following documents are required for loan approval -

Know your customer (KYC) formalities:

  • Proof of Identity: Passport / Voters ID / Driving License/PAN Card/Aadhar Card/ Photo Ration Card
  • Address Proof: Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport
  • Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
Self-employed (Professionals)Self-employed (Individuals) Self-employed (Pvt Cos and Partnership Firms)
Bank Statements: Latest 3 Months bank statements / 6 months’ bank passbookBank Statements: Latest 3 Months bank statements / 6 months’ bank passbookBank Statements: Latest 3 Months bank statements / 6 months’ bank passbook
Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CALatest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CALatest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
Proof of continuation: Trade license /Establishment /Sales Tax certificateProof of continuation: Trade license /Establishment /Sales Tax certificate/ SSI Registration
Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Cert. Copy of MOA, AOA & Board resolution.)Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (Certified by Director) & Board resolution (Original).)