Business Loan in Chennai
The ‘Gateway of South India’, Chennai is famous for its ancient history, art and culture. The city is an important educational and economic centre of India.
Being an economic centre, it houses businesses of all kinds, some of which may require additional funds to grow or overcome minor challenges from time to time. Some relate to internal structuring, like hiring, whereas others are related to working or equipment. Falling short of funds is undesirable for any business and looking for inaccessible funds is a task in itself. Even if you manage to get a Business Loan from a bank, the processing and documentation take so much time that it just doesn’t help.
Understanding these struggles businesses have to contend with, Clix Capital offers Business Loans for expansion and acquisitions, staffing, equipment, working capital, hiring, and salaries to let businesses continue their day-to-day activities without hassles. We ask only for necessary documents and disburse
the loan amounts quickly and at ease with us.
Features and Benefits of Taking Business Loan in Chennai
Higher loan disbursal amounts
With Clix Capital, you can get a loan amount of up to Rs. 50 lakhs with us.
Faster and smoother disbursal
Smooth like butter! That is how we disburse our loan amounts smoothly and fastly.
Collateral-free loans
We do not like asking for any collateral while giving you a Business Loan. Keep your belongings safe and sound with you.
Competitive interest rates
Competition is great when it brings the interest rates in your interest. We offer budget-friendly interest rates on Business Loans.
Extended loan tenure
Extensions for repayment are available with Clix Capital.
Quick approvals
We approve your Business Loans in a jiffy so that your business does not get stuck in any way at all.
Is My Business Eligible for a Loan?
| What should be my Age to get the Loan? | Between 21-65 years. |
| How old should my business be to avail the loan? | It should be at least 3 years old! |
| Do I need a credit score as well? | Yes. A CMR Score of up to 6 and a CIBIL Score of 700 would be enough! |
| What should be my Business Turnover? | It should be a minimum of Rs. 1 Crore |
What will the Interest Rates look like for a Business Loan in Chennai from Clix Capital?
Interest rates for business loans in Chennai vary depending on the type of company. To qualify for the loan, your business must generate yearly revenues of at least Rs. 1 crore. Additionally, if you have a track record of timely loan repayments, your chances of getting a loan with a lower interest rate will rise.
What documents do I need to apply for a Business Loan in Chennai?
When your KYC is updated with your Aadhaar and PAN, they’ll get verified online within a matter of minutes. In other cases, the following documents may be required.
At Clix Capital, we ask for nothing less and nothing more!
Bank statement
Bank statement
- A bank statement covering the last 6 months will do the job!
Business registration proof
- We would love to know about you and your business journey.
Proprietor(s) PAN Card Copy
- A copy of the proprietor or owner’s PAN Card is needed for verification purposes.
Proprietor(s) Aadhaar Card Copy
- A copy of an Aadhaar Card will do.
Partnership Deed Copy
- If applicable, the partnership deed copy should be attached for verification as well.
Company PAN Card Copy
- A copy of your Company’s PAN Card will also be required.
How Do I Apply For A Business Loan in Chennai
Fill out
the application form.
It takes only 3
minutes!
Sit back and
relax! You are on
your way to secure a
business loan.
Frequently Asked Questions
What are the key features of a Business Loan?
Business Loans from Clix Capital offer minimal documentation, instant loan approval, disbursement, and up to Rs.50 lakhs with a flexible repayment option in your hands.
How do I avail of a Business Loan in Chennai?
The first step is to fill out the application form online. Once that is done, our representative will reach out to you for further processing. If everything goes well, your Business Loan will be approved quickly without any hassle.
What documents are required for applying for a Business Loan?
You require the following documents for a Business Loan:
- Completed Application Form
- Passport-Size Photograph
- Address proof (Aadhar Card, Passport, Voter ID, Driving License, Last 2 months’ Utility Bills)
- Identity proof (Aadhar Card, PAN Card, Government ID)
- Financial documents (PAN Card of Firm, Company or Applicant, GSTIN, 6-month bank statement, Copy of the most recent ITR form along with computation of income, audited balance sheet and profit & loss account for the previous 2 years, Proof of continuity of business of 3 years)
- Proof of ownership
- Current additional financial obligations
How much can the customer borrow?
A customer can provide a loan amount of up to Rs. 50 lakhs with Clix Capital.
Can I change my loan repayment tenure?
If you feel you need to extend your tenure for loan repayment: you can do the same with Clix Capital.
Click here and get ready for success
Apply now for simple, fast, and accessible loans for business from Clix.
