HDFC Bank Business Loan in Purnea, Bihar

At Avyud Finance, we understand that in these unprecedented times, our plans for travelling and having destination weddings have got postponed & new needs have emerged. A need for a safe and comfortable lifestyle, a need to have a safety net to tackle any unplanned or immediate requirement. One of the leading providers of Personal Loans in Purnia, Bihar, Avyud Finance offers the best Personal Loan from HDFC Bank, an option that comes with a unique array of features and benefits. You can choose from different EMI repayment options that suit your pocket, flexible tenures, completely online process, and quick disbursals. HDFC Bank Personal Loan is designed to address diverse financial needs easily and conveniently, making it one of the best Personal Loans in Purnia, Bihar.

Contact us to get a Personal Loan from HDFC Bank in Purnia. Our phone no. Is +91 8100666111. You can also email us, our email is ID is info@avyud.in

Eligibility Criteria for HDFC Bank Business Loan

The following people are eligible to apply for a business loan:

• Self-employed individuals, proprietors, private limited companies and partnership firms engaged in the business of manufacturing, trading or services.


• Minimum turnover of the business is Rs. 40 lakhs


• Including Central, State & Local Bodies Employees


• Persons who are in present business for at least 3 years having total business experience of 5 years.


• Whose business is making profit for the last 2 years


• The minimum annual income (ITR) of the business should be Rs. 1.5 lakh per annum


• Applicant should be at least 21 years of age at the time of applying for the loan, and not more than 65 years at the time of loan maturity

Documents Required for HDFC Bank Business Loan

The following documents are required with your business loan application:

• PAN Card - For Company/Firm/Individual

A copy of any of the following documents as proof of identity:

• Aadhar Card


• Passport


• voter id card


• Pan Card


• driving license

A copy of any of the following documents as proof of address:

• Aadhar Card


• Passport


• voter id card


• Bank statement of last 6 months


• Latest ITR with calculation of Income, Balance Sheet and Profit and Loss Account for the last 2 years after CA certified/audited


• Proof of Continuity (ITR / Trade License / Establishment / Sales Tax Certificate)


• Other Mandatory Documents [Only offer. Certified copy of declaration or partnership deed, certified true copy of memorandum and articles of association (certified by the director) and board resolution (original)]

Fees & Charges for HDFC Bank Business Loan

• Min 11.90% & Max 21.35%

• Upto 2.50% of the loan amount subject to a minimum of Rs.1000/- and Maximum of Rs.25,000/- for salaried customers and Rs. 75,000/- for self employed customers as per the board note.

• No pre-payment in part or full permitted until repayment of 6 EMIs Part-payment allowed after 12 EMIs up to 25% of principal outstanding. It is allowed only once in the financial year and twice during the loan tenure.

• 06-24 months - 4% of principal outstanding,


• 25-36 months - 3% of principal outstanding


• >36 months - 2% of principal outstanding

• NIL

• NIL