DCB Business loan | Interest Rates | Eligibility | Documents | Information

Development Credit Bank Business loan – Compare online Interest Rates, Documents, Eligibility and Processing Fees of DCB easy business loans India.

The DCB Easy Business Loan helps you to realise the hidden power of your property and enables you to use it productively to meet all your business requirements. The loan amount can be as high as 60% of the market value of your property. So whether you need to expand your operations, buying new equipment or just need that extra bit of finance to capitalize on a business opportunity, you can always count on DCB Easy Business.

• Term Loan and / or Overdraft options
• Loan available up to 60% against residential or commercial property value
• Easy repayment up to 7 years
• Available for Proprietorships, Partnership concerns and Private / Public limited companies.
• Loan amount varying form Rs.5,00,000 to Rs.1,00,00,000.
• No guarantors required
• Simple and easy documentation
• Quick and speedy processing
• Avail payable at par cheque book and pay order facility
• Facilities like lease rental discounting, packing credit, loans for purchase of fixed assets, advances against securities (shares, NSCs, Insurance policies etc.), non-funded limits like opening of Letters of Credit, issuance of Bank Guarantee etc.
• Easy repayment option through PDC / ECS / SI
• Rate of Interest is linked to the MPLR (Mortgage Prime Lending Rate) of the Bank which is currently 15.25%*.

• 2 years of profitable operations
• Proprietorship concerns
• Registered partnership firms
• Private Limited Companies
• Public Limited Companies

• Financial statements for last 2 years
• Income Tax returns for the last 2 assessment years
• Main / Operative bank account statement of last 6 months
• Copies of property title and supporting documents
• Identity, signature, address and Tele-contactability proof
• Passport size photograph
• Partnership deed / MOA and AOA
• Track record in the name of the borrower