Best Small Business Loans in Kolkata - Home Credit India

Best Small Business Loans in Kolkata

Small business Loan Online

Kolkata has reached a commercially viable status in an extremely short span of time. It is emerging as the financial market leader in the country. A major part of the buildup is contributed by the micro, small and medium companies of the country. The small and medium scale enterprises bestowed upon with 40% of the total GDP and creates abundant employment opportunities.  India’s growing population is gradually inclining towards entrepreneurial ship. The Government is also beginning to discern the importance of SMEs and its fast growing spread, in the post-demonetization period. It has started several new business loan schemes and encouraged the existing ones. Not only the government, but the private sector is also investing in the small business finance.

Quick Small Business Loans Online

An Alternative: Quick Small Business Loans from NBFC’s: While it’s important to know that different initiatives are being launched to support small businesses, SMEs are effortlessly contributing towards developing the economy. Now, the major banks & NBFCs are working hard to make the schemes effective. Most Govt funded schemes were impacting the ‘quick’ factor of the business loans. The turnaround time is in almost in weeks or months, which can be extremely damaging for the small business owners and their work growth.  A few qualified banks and NBFCs are trying to meet expectations of the big idea, small business ventures.

All About Personal Loans

An instant personal loan can be availed for personal needs like medical treatment, wedding expenditure, long vacations, home improvement, higher studies, buying a car/housing appliances etc. The Personal Loan being unsecure has a slightly higher rate of interest. And if at all you have an excellent credit score, then meeting other eligibility criteria set out by the bank can provide a good rate of return.

Know more: About Online Personal Loan

  1. ZestMoney is a quick way to get an online loan and repay it by using digital EMIs. There’s no need to get a credit card. It doesn’t even require a good credit score. The loan process has been brilliantly streamlined to deliver loans in 5 mins.  Loans up to 1 lakh can be easily sanctioned. You can get cashbacks & also gift cards on online websites like Flipkart. Amazon. Etc.
  2. Indiabulls app comes next which provides personal loans within minutes for multi purposes to a capacity of Rs.15,000. You can easily avail loan starting Rs.1000 only. The tenure begins from 3 months Upto 20 months. Being an unsecure loan, the interest rate starts low at 11.99%. Also, money gets instantly credited into your savings account. The online process takes only five minutes. Both, self-employed and salaried can easily avail it on the App if your salary is Rs.22,00 or above.
  3. MoneyTap will clearly tell you about the pre-approved loans at your availability. The rejection chance of loan applications are extremely bleak due to the prior approved customer list. Interest is charged only on the used up loan amount, not the entire sum. The maximum loan amount offered is upto Rs. 5 lakhs or lower.
  4. Home Credit is a pioneering brand in the NBFC domain, with its wing of operations spread to over 300+ cities. It is one of the oldest money lending apps in the country. Home Credit has been expanding its base across Asia & Europe as a significant part of Home Credit Group and Offered Instant Personal Loan Online. The loan amount offered is between 6-48 months. Its considered to be the best way when your cash need are upto an amount equal to Rs.2 lakhs. The on app services are easy, simple & quick. You can also share the first 6 digits of your Credit Card to increase chances of an approval. This automatically makes you eligible for higher loan amounts. After quick disbursal of your loan amount, you can easily shop online!

Avail Personal Loan Approval in 5 mins!