Here are a few factors

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Location 50Km from Branch
CIBIL Score 700+
Processing Offline
Business Vintage 3 Year
Minimum Turnover 1 Cr+
Loan Amount & Tenure 10 Lac-35 Lac
(12 month to 36 month)
Loan Product Term Loan
Rate of Interest & Type 17% to 21% (Reducing)
TAT Sanction-3 Days
Disbursement-7 Days
Processing Fees 2%
Foreclosure Charges 4%
Applicant Type Any Self Employed Person
Whether Co-Applicant Mandatory Mandatory
Proprietor Age/Co-Applicant Age 24 Year-65 Year
Part Payment Allowed No
Whether Ownership Proof Required Yes, one should be owned at business place
Business Registration Proof Mandatory Yes
Program GST Program-30 Lac, Banking Program-30 Lac, Income Program-35 Lac
Product for Professionals No
Negative Profile Both Side Rented Applicant, School, Grain Traders, Advocate,Jewellers, Share Traders, Gym,
Liquor Business, Coal Industry, Aviation Sector, Tour & Travel, Real Estate
USP 1. 2 bouncing accepted in last 6 month
Additional 1. Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company
2. Hotel & Civil Contractors is catious profile

Documents required for Vastu Finserv Business Loan

Let’s look into the eligibilities and required Documentation to make your application process even smoother:

  • 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

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

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 Vastu Finserv Business Loan

Welcome to Vastu Finserv Business Loans' world of business prospects. Vastu Finserv Business Loan is the spark of inspiration that ignites your adventure, whether it's scaling your firm, releasing groundbreaking goods, or overcoming new frontiers. Are you a businessperson with a ready-to-realize vision? Vastu Finserv Business Loan can be an essential part of realizing your company's highest possible potential.

Timing is crucial in the fast-paced business industry. Vastu Finserv's quick approval process makes sure you have the funds you require whenever you need them. These business loans have competitive interest rates, allowing you to put your energy into development and innovation.

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.

Leave Your Question

FREQUENTLY ASKED QUESTIONS

The Vastu Finserv Business Loan is a form of secured funding designed for property owners in need of financing for their businesses.

 The potential loan amount from Vastu Finserv Business Loan largely depends on a variety of factors such as the borrower's profile, maturity of the property, repayment plan among others.

Vastu Finserv Business Loan can extend up to a period of four years, contingent on variables such as borrower's profile, maturity of the property, and the selected repayment scheme.

 The loan interest rate for Vastu Finserv Business Loan falls within a range of 18% to 21%. Several factors including loan amount, loan-to-value ratio, and the borrower's creditworthiness influence the final rate. The interest rate aligns with Vastu Finserve India Private Limited's Prime Lending Rate (PLR), which stood at 18% as of March 2023.

 The interest rate for Vastu Finserv Business Loan aligns with Vastu Finserve India Private Limited's PLR, which fluctuates with the market conditions and the company's fund costs. Consequently, the loan interest rate may adjust with changes in the PLR.