A sole proprietorship is a widely-utilized form of self-employment in India. It is a business entity owned and operated solely by a single individual. Examples may include small retail outlets, kirana shops, pharmacies, travel agencies, and artisans. FlexiLoans offers business loans to sole propr...
In India, many types of start-up business loan options are available today for business owners to provide business financing. However, Micro, Small, and Medium Enterprises (MSMEs) have limited access to formal credit. Therefore, the Government of India launched its flagship initiative- the Startup...
In case of SalariedIn case of Self-employed Employment certificate from the employer,Copy of audited financial statements for the last 2 years Copies of pay slips for last few months and TDS certificateCopy of partnership deed if it is a partnership firm or copy of memorandum of association and...
The government has also offered tax discounts on MSME Loans making them the most preferred lending option for small business owners. Micro, Small and Medium Scale Enterprises play an important role in the Indian economy; they contribute towards the GDP as well as the large employment ...
You must be minimum 25 years old. For NRI applicant, maximum age limit is 60 years or retirement age (whichever is earlier) at the time of loan maturity.Residential statusMinimum length of service : 3 years in GCC locations and minimum 12 months with current employment (confirmed employment)...
Can I apply for a loan if I am self-employed? Do I need a bank account to receive a cash loan? How does my employment status affect my loan eligibility? Can I check the status of my loan application online? What should I do if my loan application is denied? Can I reapply if my ...
permanent profession. You have been in a profession like a businessman / salaried / self –employed. So the employment is necessary for taking a home loan. Now at the requirement of age, the preferable age for taking our home loan is above 21 Years. This age limit is mandatory for our ...
Home loans for ready to move-in, under-construction and self-constructed properties. Instant approval Get amount up to ₹5 Crore Interest rates up to 13% Zero processing fees and foreclosure charges Choose repayment periods up to 30 years ...
Appointment Letter or Employment Contract in cases where the current employment is less than a year old. Proof of professional qualifications - certificates to be furnished by self-employed professionals. A repayment track record for all ongoing loans - last 6 months. ...
Net monthly income should be 15,000/- for salaried and self-employed, yearly transactions should be a minimum of 20 lakhs Credit score must be above 650 Debt-to-income ratio Employment stability Maintained a good credit score Clear repayment history Must be a Resident Citizen of India Document...