Business Loans India : Business Loan from ABN AMRO Bank
Information of Business Loan from ABN AMRO Bank
Features :
ABN AMRO Banks offers a tailor-made credit facility, specifically designed to meet your business needs. Straightforward and with minimal obligations, this is an excellent opportunity for you to acquire the extra finances that you need.
Collateral free loan upto 25 lacs
Flexible repayment options, ranging from 12 to 48 months
Speedy loan approval
Attractive interest rates
Convenience of service at your doorstep
Eligibility:
* Sole Proprietorships running their businesses as retailers, wholesalers, entrepreneurs, manufacturers, traders etc.
* Non individual partnership & private limited companies that are operating a business as manufacturers, exporters etc.
* How much you can borrow?
The minimum loan amount is Rs. 75,000 and the maximum loan amount could be up to Rs. 25, 00,000 based on the Bank’s qualifying criteria.
* How do you repay your loan?
You have a easy repayment option through, Equated Monthly Installments (EMI) with post-dated cheques or direct debit to your bank account.
* pre–paying of loan
ABN AMRO offers you the flexibility of prepaying either a part of your outstanding loan or your entire loan by paying a nominal charge of 5% of your outstanding loan amount.
* As a special feature, if your loan with ABN AMRO Bank is over one year old, ABN AMRO Bank offers you a unique benefit of prepaying up to 25% of your outstanding at no extra cost once every calendar year.
The interest rates on Business loans
Regular Business Loans 19% to 23%
Surrogate Business Loan 19% to 23%
(The rate of interest mentioned above are the standard and average rates under standard income criteria for each class of borrowers and shall be higher/lower depending on the parameters which are met by the customers.)
Sources : http://www.abnamro.co.in/
Abnamro Bank in Delhi
Abnamro Bank
DLF Centre,
Sansad Marg,
New Delhi 110001
Ph. – 91-11-23755130
Abnamro Bank
M-6 Hauz Khas,
New Delhi 110016
Ph. – 91-11-51657777
Abnamro Bank
Hansalaya Building,
15 Barakhamba Road,
New Delhi 110001
Ph. – 91-11-23702555
website : http://www.abnamro.co.in/