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CreditMantri Finserve Private Limited
CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002
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Get business loans ranging from Rs. 50,000 to Rs. 1 Crore. Convenient repayment tenure ranging from 1 to 36 months. Online application and processing in 3 working days. Minimal documentation. Flexible repayment options (Bi-weekly, Monthly). Apply now through CreditMantri.
Features
Pricing
Documents Required
Lendingkart gives business loans at affordable interest rates starting from 1.25% per month to micro, small, and medium enterprises. You can get a huge loan amount of up to Rs. 2 crores. LendingKart Business Loans are offered for various purposes such as setting up startups, working capital needs, marketing for the business, purchasing machinery, and more.
Apply for a Lendingkart Business loan at CreditMantri. We offer a hassle-free and simple application process. You can perform a free credit score check and download your credit report from our website. We will also help you get the best offers matching your credit profile.
Rate of Interest | 1.25% per month - 2% per month |
Loan Tenure | 1 month to 3 years |
Loan Amount | Up to Rs. 2 crores |
Pre-closure fees | NA |
Processing Fees | 1% to 2% of the loan amount |
Time Taken For Approval | Within 3 working days |
Income Eligibility | > 12 Lakhs p.a. annual turnover |
Some of the features of the Lendingkart business loan are as follows:
Loan Type | Rate of Interest |
---|---|
Commercial Loans | 15% to 27% per annum |
Startup Loans | 15% to 27% per annum |
Business Loans | 1% to 2% per annum |
Flexible loan repayment tenures: Loan repayment tenures are flexible and range between 6 to 36 months. Flexible loan repayment terms are ideal since you can repay the loan easily. The tenures are as shown below:
Loan Type | Tenure |
---|---|
Business Loans | Up to 36 months (3 years) |
Commercial Loans | Up to 24 months (2 years) |
Startup Loans | Up to 24 months (2 years) |
Lendingkart provides an easy and flexible repayment schedule where the borrower can repay the loan on a monthly or bi-weekly basis.
These unique features give the following benefits to the borrowers,
Minimum Age | 21 years |
Maximum Age | 65 years |
Years in Operation For the Business | At least for 6 months |
Minimum Turnover | Rs. 90,000 in the three months preceding the loan application |
Entities excluded | The following entities are excluded for small business loans, commercial loans or startup loans
|
Type of Document | Documents |
---|---|
Address Proof | Either one of the following:
|
Identity Proof | |
Proof of Business Existence |
|
There are two other charges apart from the applicable interest rate. One of them is a one-time processing fee. The other one is the loan pre closure charge. This is for closing your loan before the actual loan tenure ends.
Lendingkart enables the borrowers to pre-close the loan taken at zero charges any time during the period of the loan. However,
Interest Rates | 12% to 46.5% per annum |
Processing Fees | 2% to 3% of the loan amount |
Preclosure Charges | Nil |
Penalty for late payment | Rs. 300 (fixed) and 36% on overdue amounts |
The interest rate will depend on the loan amount and the type of business you are in.
Loan Products | Interest Rates (p.a.) |
---|---|
Business Loan | 12% to 46.5% |
15% to 27% | |
MSME Borrowers | 15% to 27% |
Business Loan For Women | 15% to 27% |
Lendingkart Business Loan
Features
Lendingkart Working Capital Loan
Lendingkart Business Loan For Women
Lendingkart MSME/SME Loans
The other types of loans provided by this NBFC are:
Online Apply Via CreditMantri
Step 1: Click on ‘Check Eligibility’
Step 2: Enter the basic details like email ID, residence city, mobile number, date of birth, current residence in years, business type, and the industry of your business.
Step 3: Click on ‘Next’
Step 4: Proceed with the rest of the steps to complete the application.
Online on the Lendingkart website
Step 1: Go to the lender’s website
Step 2: Add the first name (as per PAN), last name (as per PAN), Email ID, mobile number, age of the business, and monthly sales.
Step 3: Click on ‘Check Eligibility’
Step 4: Proceed with the remaining steps and complete the Lendingkart business loan application
Through The Lendingkart Business Loan App
You can apply for a Lendingkart business loan through the Lendingkart instant business loan app. You can download this app from Google Play Store, install it and apply for the loan.The following factors affect Lendingkart business loan interest rates
You can contact business loan customer care for any queries or issues related to your Lendingkart business loan. You can contact customer care via the following ways:
Lendingkart sets business loan eligibility criteria just like other lenders do. Some of the eligibility criteria are age, number of years the business has been in operation, etc.
Those who have applied for the Lendingkart business loan must track their business loan application status. Applicants can track their application status on their dashboard. They can use their credentials to log in to the Lendingkart profile (Created during loan application). If you do not recall your password, then you can use the "Forgot Password" option.
Lendingkart gives business loans at affordable interest rates. They offer various business loan products such as working capital loans, MSME/SME loans, business loans for women, and so on. Check your eligibility criteria before applying and also keep all the documents ready.
1. What is the maximum amount of business loan that can be received from Lendingkart?
A person can receive a maximum loan of Rs. 2,00,00,000 as a business loan from Lendingkart.
2. What is the minimum age limit to apply for the business loan of Lendingkart?
The minimum age to apply for a LendingKart business loan is 21 years.
3. What are the processing charges for business loans?
Lendingkart charges standard processing charges of 1% to 2% of the loan amount and no additional or hidden charges.
4. What are the types of business loans of Lendingkart?
The types of business loans offered by Lendingkart are
5. What is the minimum turnover requirement for business loans of Lendingkart?
Lendingkart requires the applicants to have a minimum turnover of Rs. 90,000 for the preceding 3 months of applying the loan.
6. How often can you make repayments on the Lendingkart business loan?
Payments can be made on a bi-weekly or monthly basis. The business The loan has no foreclosure charges.
7. Are there any pre-closure charges?
There are no pre closure charges availed on business loans.
JAYABAL
ok
Mohammed nazeem
Good service
SUBBARAYUDU
Very nice
ASHOK
Thanks you
Sanjiv
Thanks for approval my loan ...