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  #1  
29th April 2015, 09:50 AM
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Lakshmi Vilas Bank Business Loans

I want to take the business loan from the Lakshmi Vilas Bank to start my new business. Can you please tell me the terms and condition to get the Lakshmi Vilas Bank Business Loans? Also provide me the application form of the Lakshmi Vilas Bank to apply for the Business Loans?
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  #2  
2nd November 2015, 08:38 AM
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Re: Lakshmi Vilas Bank Business Loans

Hii guys , I want to apply for Get Small Business Loan from Lakshmi Vilas Bank ,So will you please provide me Information for same ?
  #3  
2nd November 2015, 08:38 AM
Super Moderator
 
Join Date: May 2012
Re: Lakshmi Vilas Bank Business Loans

Lakshmi Business Credit can be availed by all kinds of traders such as Department stores, Wholesalers, Retailers, Distributors, Jewelers and Grocery Merchants et


For working capital requirements or for purchase of machinery/equipments required for the business.


Eligibility:


Individuals or Proprietorship concerns engaged in small trade or small business, Commission agents, etc., are eligible for finance under the scheme.

Maximum quantum of finance:
Rs. 3.00 lacs

Margin:
25% of the value of the primary security

Interest Rate:
Base Rate + 3.25% (PER: 14.50% p.a.)

Loan Processing fee :
0.25% of the loan amount

Repayment:

Repayable in a maximum of 36 EMIs, without any holiday period.

Sanctioning Authority: Branch Managers/Heads: Rs. 3.00 lacs.


Help Line No (Toll Free) :
1800 - 425 - 2233


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