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Lendingkart Business Loan

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How To Apply
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Mode of Process

Online

Lending Size and Tenure


Minimum (In Rs.)- 50,000 (up to 3 years)

Maximum (In Rs.)- 2 Crore (3 years)

ROI

1% - 2% Per Month

ROI (Fixed/Reducing)

Reducing

Processing Fees

2% to 3%

Foreclosure

Nil**

Partial Payment Allowance

No

Age of Client (If Proprietor)

Minimum (In Year)- 22

Maximum (In Year)- 67

USP

USP-1- NA

USP-2-NA

USP-3-NA

Additional-NA

Lendingkart Business Loan EMI Calculator

Interest Type

Loan Amount

₹

Interest Rate

%

Loan Tenure

Mo
Loan Amount₹100,000
Interest %21 %
Tenure (months)12
Emi (monthly)₹ 9,311
Total Interest₹ 11,737
Loan Amount + Interest₹ 111,737
YearTotal Principal
( A )		Total Interest
( B )		Balance
( A + B)		Total Payment Loan Paid Till Date (%)
₹ 55,787₹ 9,390₹ 65,177₹ 44,21355.79 %
Jun₹ 7,561₹ 1,750₹ 9,311₹ 92,4397.56 %
Jul₹ 7,693₹ 1,618₹ 9,311₹ 84,74615.25 %
Aug₹ 7,828₹ 1,483₹ 9,311₹ 76,91823.08 %
Sep₹ 7,965₹ 1,346₹ 9,311₹ 68,95331.05 %
Oct₹ 8,104₹ 1,207₹ 9,311₹ 60,84939.15 %
Nov₹ 8,246₹ 1,065₹ 9,311₹ 52,60347.40 %
Dec₹ 8,390₹ 921₹ 9,311₹ 44,21355.79 %
₹ 44,207₹ 2,348₹ 46,555₹ 699.99 %
Jan₹ 8,537₹ 774₹ 9,311₹ 35,67664.32 %
Feb₹ 8,687₹ 624₹ 9,311₹ 26,98973.01 %
Mar₹ 8,839₹ 472₹ 9,311₹ 18,15081.85 %
Apr₹ 8,993₹ 318₹ 9,311₹ 9,15790.84 %
May₹ 9,151₹ 160₹ 9,311₹ 699.99 %
Work Process

Save Your Time with a Simple Loan Process

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

About Lendingkart Business Loan

In today’s world, owning a house is a dream for everyone. But managing the expenses that come with it is not everyone’s cup of tea. So, to overcome such situations, financial institutions have come up with the facility of Home Loans. One such Home Loan is provided by the Government-run bank Punjab National Bank. Lendingkart Business Loan is specially curated to help applicants who want to own a home and expand and renovate their property.

With this secured loan, the borrowers just need to make a down payment; the lender will cover the remaining balance (up to 90%* on loans under Rs. 30 lakh) entirely. The complete amount borrowed plus interest is subsequently paid back to the lender in equal monthly payments (EMIs). Lendingkart Business Loan Housing Loan is affordable with low-interest rates. The hassle-free housing loan from Lendingkart Business Loan can assist you in achieving your goals, whether you're trying to buy, expand, or renovate a home.

Right Documents - Easy Process

Required Documents

PAN Card

Aadhaar Card

Driving Licence

Voter ID

Passport

Registered rent agreement

Current passport size photograph

Salaried income documents

Self Employed person documents

Note : Lendingkart Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Eligibility

  • The age of eligibility is a minimum of 22 years old and a maximum of 67 years old.
  • At least Rs.40 lakh must be business turnover every year.
  • A 36-month stability period is required for minimum business stability.

Documents Required

  • Your KYC documents, such as proof of address, GST Registration Certificate (if applicable), PAN Card, and other registration certificates if applicable.
  • For income documents, such as utility bills, rent agreements, etc., KYC data of your partner, director, or proprietor is required.
  • The last two years' Balance Sheet and Profit/Loss Statement.
  • A bank account statement for the last six months is required.

Let us take an example, How EMI is being calculated

For instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee 2% of the disbursed amount + GST of loan amount may apply. T&C apply.
Year Principal
(A)		 Interest
(B)		 Total Payment
(A + B)		 Balance Loan Paid To Date
2022 ₹ 37,853 ₹ 41,667 ₹ 79,520 ₹ 19,62,147 1.89%

Dec ₹ 37,853 ₹ 41,667 ₹ 79,520 ₹ 19,62,147 1.89%
2023 ₹ 5,20,700 ₹ 4,33,536 ₹ 9,54,236 ₹ 14,41,447 27.93%
Jan ₹ 38,642 ₹ 40,878 ₹ 79,520 ₹ 19,23,505 3.82%
Feb ₹ 39,447 ₹ 40,073 ₹ 79,520 ₹ 18,84,059 5.80%
Mar ₹ 40,268 ₹ 39,251 ₹ 79,520 ₹ 18,43,790 7.81%
Apr ₹ 41,107 ₹ 38,412 ₹ 79,520 ₹ 18,02,683 9.87%
May ₹ 41,964 ₹ 37,556 ₹ 79,520 ₹ 17,60,719 11.96%
Jun ₹ 42,838 ₹ 36,682 ₹ 79,520 ₹ 17,17,881 14.11%
Jul ₹ 43,730 ₹ 35,789 ₹ 79,520 ₹ 16,74,151 16.29%
Aug ₹ 44,642 ₹ 34,878 ₹ 79,520 ₹ 16,29,509 18.52%
Sep ₹ 45,572 ₹ 33,948 ₹ 79,520 ₹ 15,83,938 20.80%
Oct ₹ 46,521 ₹ 32,999 ₹ 79,520 ₹ 15,37,417 23.13%
Nov ₹ 47,490 ₹ 32,030 ₹ 79,520 ₹ 14,89,927 25.50%
Dec ₹ 48,480 ₹ 31,040 ₹ 79,520 ₹ 14,41,447 27.93%
2024 ₹ 6,66,877 ₹ 2,87,359 ₹ 9,54,236 ₹ 7,74,570 61.27%
Jan ₹ 49,490 ₹ 30,030 ₹ 79,520 ₹ 13,91,958 30.40%
Feb ₹ 50,521 ₹ 28,999 ₹ 79,520 ₹ 13,41,437 32.93%
Mar ₹ 51,573 ₹ 27,947 ₹ 79,520 ₹ 12,89,864 35.51%
Apr ₹ 52,647 ₹ 26,872 ₹ 79,520 ₹ 12,37,217 38.14%
May ₹ 53,744 ₹ 25,775 ₹ 79,520 ₹ 11,83,472 40.83%
Jun ₹ 54,864 ₹ 24,656 ₹ 79,520 ₹ 11,28,608 43.57%
Jul ₹ 56,007 ₹ 23,513 ₹ 79,520 ₹ 10,72,601 46.37%
Aug ₹ 57,174 ₹ 22,346 ₹ 79,520 ₹ 10,15,428 49.23%
Sep ₹ 58,365 ₹ 21,155 ₹ 79,520 ₹ 9,57,063 52.15%
Oct ₹ 59,581 ₹ 19,939 ₹ 79,520 ₹ 8,97,482 55.13%
Nov ₹ 60,822 ₹ 18,698 ₹ 79,520 ₹ 8,36,660 58.17%
Dec ₹ 62,089 ₹ 17,430 ₹ 79,520 ₹ 7,74,570 61.27%
2025 ₹ 7,74,570 ₹ 1,00,146 ₹ 8,74,716 ₹ 0 100.00%
Jan ₹ 63,383 ₹ 16,137 ₹ 79,520 ₹ 7,11,188 64.44%
Feb ₹ 64,703 ₹ 14,816 ₹ 79,520 ₹ 6,46,484 67.68%
Mar ₹ 66,051 ₹ 13,468 ₹ 79,520 ₹ 5,80,433 70.98%
Apr ₹ 67,427 ₹ 12,092 ₹ 79,520 ₹ 5,13,006 74.35%
May ₹ 68,832 ₹ 10,688 ₹ 79,520 ₹ 4,44,174 77.79%
Jun ₹ 70,266 ₹ 9,254 ₹ 79,520 ₹ 3,73,908 81.30%
Jul ₹ 71,730 ₹ 7,790 ₹ 79,520 ₹ 3,02,178 84.89%
Aug ₹ 73,224 ₹ 6,295 ₹ 79,520 ₹ 2,28,954 88.55%
Sep ₹ 74,750 ₹ 4,770 ₹ 79,520 ₹ 1,54,204 92.29%
Oct ₹ 76,307 ₹ 3,213 ₹ 79,520 ₹ 77,897 96.11%
Nov ₹ 77,897 ₹ 1,623 ₹ 79,520 ₹ 0 100.00%
Leave Your Question

FREQUENTLY ASKED QUESTIONS

An MSME loan is available to business owners who are between 25 and 55 years old and who have a vintage greater than 3 years. They must have filed Income Tax Returns for their company for one year or more.

A bank is a government-authorised financial intermediary that provides banking services to the general public and an NBFC is a company that provides banking services to people without holding a bank licence.

Lendingkart offers business loans from Rs. 50,000 to Rs. 2 crores.

There are no hidden charges. Our Group NBFC levies 2% of the sanctioned amount as processing fees.

Refer Loan is a Phy-zital Fintech that connects Lenders and Borrowers digitally as well physically. It provides a Financial Bouquet to the users with multiple Financial solutions. Its AI-based detailed comparison enables users to find the best financial product from the best financial institutions.

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