HDB Bank business loans are a perfect and easy way to service your short-term finance and other financial requirements. With the HDB Bank, you can take a business loan up to Rs. 30 Lakh and get instant approval on it with minimum documentation. Avail Business Loan from HDB bank at an attractive annual percentage rate of 13.99%. You can apply for a business loan with HDB Bank either through the online portal or the mobile app.
HDB Bank Profile
HDB Financial Services (HDBFS) is a Non-Banking financial company (NBFC) in India that is incorporated in 2007. It is a subsidiary company with HDFC Bank Limited. The bank provides a variety of loans, including personal loans, business loans, car loans, home loans, and others.
| Business Loan Eligibility | Candidates should be at least 22 years of age to be eligible for a business loan. |
| Annual Percentage Rate (APR) | 13.99% |
| Payable Loan Processing Charges | upto 2% of the loan amount |
| Period for Repayment (Loan Tenure) | 12 to 60 months |
| Foreclosure Charges | N/A |
| Maximum Loan Amount | 30 Lakh |
| Late Payment | Allowed after 12 EMI’s, 2 – 4% |
| Part payment Charges | Allowed at Nil Partpayment charges |