Aditya Birla Business Loan Policy Video 2024-2025

Aditya Business Loan Policy Video 2024-2025 Explained:

Minimum Turnover in Last Year : 2 Cr+
Loan Amount and Tenure : Upto 50 Lakhs (Maximum 36 Month)
Rate of Interest : 15.75% onwards
USP : COP Base Product for Professionals

Location: 50Km from Branch
CIBIL Score: 700+
Processing: Offline
Business Vintage: 3 Year
Minimum Turnover: 2 Cr+
Loan Amount & Tenure: 5 Lac-50 Lac
Rate of Interest & Type: Normal:17% to 20% (Reducing)
TAT: Sanction-3 Days
Disbursement-7 Days
Processing Fees: 2% to 3%
Foreclosure Charges : 4%
Applicant Type: Any Self Employed Person
Whether Co-Applicant Mandatory: Yes
Proprietor Age/Co-Applicant Age: 23 Year- 65 Year(at the time of maturity)
Part Payment Allowed: No

Whether Ownership Proof Required Yes, either office or residence one should be owned within Lending Branch Location
Business Registration Proof Mandatory Yes
Program
1. Banking-25 Lac.
2. GST-35 Lac
3. Income-50 Lac

Product for Professionals
1. MBBS & MD- 50 lac ROI -14%-16%COP Base
2. Chartered Accountant-50 Lac (ROI 15% to 17%)-COP Base
Negative Profile
Both Side Rented, School, Advocates, Share Traders, Gym, Liquor Business, Travel, Real Estate, SPA

USP COP Base Product for Professionals

Additional
1 .Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company
2. Civil Contractors, Man Power Industry, Iron & Steel Industry is catious profile
3. Funding to textile Industry if turnover 5 Cr