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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
Features
- 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%*.
Eligibility
Documentation
Service Charges
*Conditions apply. All loans are
subject to the terms and conditions and are at
the sole discretion of Development Credit Bank
Ltd. Product available in selected centres only.
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