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Business Loan Example
We strive to get lowest interest rates and best terms for your Online Business Loan Applications at www.FundsTiger.com from a wide range of our lending institutions such as Banks or NBFCs that partner with us.
Business Loan Interest Rates starting from 11% to 29%, and Business Loan amount ranging from INR 1,00,000 to INR 50,000,000. The Minimum and Maximum Repayment Period Ranges from 12 months to 120 months. Please Click Here to calculate your loan calculator eligibility.
A Representative Business Loan Cost Example
| Loan Amount Sanctioned | 10,000,000 |
| Rate of Interest | 14.50% |
| Tenure in Months | 72 |
| Processing Fees (rate as % of Loan Amount) | 2.00% |
| Processing Fees Amount | 200,000 |
| Service Tax @ 15% on Processing Fees | 30,000 |
| Total Processing Fees (PF + Service Tax) | 230,000 |
| Stamp Duty or other charges by Lending Institution* (variable) | 1000 |
| Total Deduction (Charges) | 231,000 |
| Net Disbursement Amount | 9,769,000 |
| EMI | 202,905 |