Recur Club Business Loan

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Location Pan India
CIBIL Score 650+
Processing Online
Business Vintage 1 Year
Minimum Turnover 1 Cr+
Loan Amount & Tenure 10 Lac-10 Cr
( 12 Month)
Loan Product DOD Limit, Term Loan
Rate of Interest & Type 16% to 20% (Reducing)
TAT Sanction-3 Days
Disbursement-3 Days
Processing Fees 2%
Foreclosure Charges 4%
Applicant Type Any Startup, Tech Company or any Self Employed Person
Whether Co-Applicant Mandatory Yes, when applicant is other than individual or proprietorship firm 
Proprietor Age/Co-Applicant Age 21 Year-65 Year
Part Payment Allowed Yes
Whether Ownership Proof Required No
Business Registration Proof Mandatory Yes
Program 1. Banking (3 month Runway)-20% of Turnover
2. Future Receipt Base-20% of next 12 month future receipt
Product for Professionals No
Negative Profile Manufacturer
USP 1. Funding to Startup even if they are in loss
2. Funding to Tech base company
3. Funding to Service Provider & Traders
Additional 1.If Startup is burning Cash- 3 month runway required

Recur Club Business Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %16 %
Tenure (months)12
Emi (monthly)9,073
Total Interest8,877
Loan Amount + Interest108,877
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
23,5303,68927,21976,47023.53 %
Oct7,7401,3339,07392,2607.74 %
Nov7,8431,2309,07384,41715.58 %
Dec7,9471,1269,07376,47023.53 %
76,4715,18681,6570100.00 %
Jan8,0531,0209,07368,41731.58 %
Feb8,1619129,07360,25639.74 %
Mar8,2708039,07351,98648.01 %
Apr8,3806939,07343,60656.39 %
May8,4925819,07335,11464.89 %
Jun8,6054689,07326,50973.49 %
Jul8,7203539,07317,78982.21 %
Aug8,8362379,0738,95391.05 %
Sep8,9541199,0730100.00 %
Right Documents - Easy Process

Required Documents to Apply for Recur Club Business Loan

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Some Important Points

1. KYC Means If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About Recur Club Loan

With Recur Club Business Loans, you can enter a world of wonderful growth possibilities. Here, loans, like the ideal song, are intended to harmonize with your business goals, giving you the financial notes you require to construct a successful enterprise.

Recur Club is the partner you can rely on, with a reputation for dependability and a dedication to excellence. When you opt for a business loan, you have chosen financial support that is invested in the success of your company.

Recur Club Business Loans are the perfect complement to your business adventure, which is a composition ready to be played. Don't let financial constraints hamper your upward development.

Visit Our Website

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

Select and Apply

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

Submit Your Document

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

Enjoy Your Financial Freedom!

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