
AU Small Finance Bank Limited | Business Loan | 01-Apr,2021
About AU Small Finance Bank Limited: AU Small Finance Bank Limited is engaged in the provision of commercial banking services. It is an Indian scheduled commercial bank that was established in 1996 as AU Financiers Limited, a vehicle finance company. This vehicle finance company was later converted into a small finance bank on April 19, 2017.
Detail: The applicant age should not be less than 21 years.
Annual Percentage Rate (APR): Up to 24%
Minimum & Maximum period for repayment (Loan Tenure): 5 years – 12 years
Loan processing charges: Up to 2% of the loan amount excluding GST
Late Payment: --
Foreclosure Charges: --
Partpayment Charges: --
Maximum Loan Amount: Up to 10 lakh
Sector : Finance
Industry : Regional Banks
AU Small Finance Bank Limited offers banking and financial services. The bank was founded by Sanjay Agarwal on April 19, 2017. It has been providing banking and financial services since April 19, 2017. According to sources, Mannil Venugopalan currently holds the position of Chairman at AU Small Finance Bank Limited.
You will go on the Official website.
| AU Small Finance Bank Limited | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 8.90% p.a. | Upto 7.5 laks | 06 to 60 months | 0.50% of the loan amount | Check the loan application form. | -- | -- |
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Business Loan | Up to 24% | Up to 10 lakh | 5 years – 12 years | Up to 2% of the loan amount excluding GST | -- | -- | -- |
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Gold Loan | Up to 18% p.a. | Up to Rs.10 lakh | 12 months to 36 months | 1% of the loan amount Plus GST | According to the loan terms and conditions | 1% if closed before the completion of half tenure | -- |
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