[vc_row][vc_column][vc_column_text]Explore our SME Loan Product. Information provided below is subject to change at the discretion of the Management from time to time. Re-visit to get up-to-date information.[/vc_column_text][vc_text_separator color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733996238790{margin-top: 5px !important;margin-bottom: 5px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Avail SME Business loans at Gilada Finance for amounts of up to Rs. 60 lakhs with loan tenures of up to 5 years and interest rates ranging between 14% to 15.2% flat. Processing fee at 1.5% of the loan amount with simple documentation, faster processing and approval.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Customer Segment” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733996324429{margin-top: 10px !important;margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]
| Micro and Small Enterprises with one of the following activities |
| – Manufacturing |
| – Trading |
| -Providing Services |
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=” Purpose of Loan ” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733996413397{margin-top: 10px !important;}”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
- Execution of Business plan
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- Upgrade business infrastructure
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- Pay overhead costs
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- Procure inventory
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- Invest in business marketing
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- Install new plant and machinery
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- Consolidation of debts
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- Meet planned and unplanned expenses
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Advantages of Gilada Finance – SME Business Loan” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733996424847{margin-top: 10px !important;margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]
- Long tenure with small EMIs
- Attractive interest rates
- Hassle-free documentation
- Quick processing
- Loans for both commercial and residential properties
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Loan Amount” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733996515426{margin-top: 10px !important;margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]The borrowers can get Loans at attractive interest rates[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Repayment Options” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733991978439{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]The customers can opt for low EMIs and longer tenure up to five years.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Loan Processing” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733992052554{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]Document vetting and valuation charged of Rs. 12,500 is payable on loan application.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title=”Customised Loan” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733996440273{margin-top: 10px !important;margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text css=”.vc_custom_1733992624497{border-bottom-width: 0px !important;}”]One of the major benefits is that self-employed professionals can get their loans customised based on their needs. This is to facilitate better easy repayment and manage their business as well.[/vc_column_text][vc_text_separator title=”Prepayment charges” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733992532858{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text css=”.vc_custom_1733992916680{margin-bottom: 2px !important;}”]Are levied for outstanding loan amount and it can be done only after six months of taking the loan[/vc_column_text][vc_text_separator title=”Processing Fee” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733992655775{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]Up to 1.5% of the loan amount will be deducted at the time of disbursal of approved loan amount. All the charges levied are communicated through the fact sheet upfront.[/vc_column_text][vc_text_separator title=”Eligibility criteria for SME Loans” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733992702027{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]a) All SME borrowers . Business enterprises with Annual turnover in excess of Rs. 50 lakhs
b) Credit Bureau Score in excess of 600
c) GST Registered borrower. however this does not apply to SMEs that are not required to obtain GST registration.
d) To apply for SME Business loan, you must be either a self-employed/business professional or a salaried employee working in a reputed private company or government organisation.
e) Collateral security in case of Secured Business Loans amount ranging between Rs. 4 lakhs to Rs. 60 lakhs
f) Unsecured business loans from Rs. 1 lakh to Rs. 3 lakhs based on satisfactory credit history of the borrower[/vc_column_text][vc_text_separator title=”Below is the list of required documents for availing of our SME/MSME Business Loan” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733992879967{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]Proof of Address (PAN Card/Aadhaar Card/Voter ID/Driving Licence/Passport)
Business Address Proof (Rent Agreement/Utility Bill)
Financial Documents (Bank statements/IT Returns)
Any additional documents that may be required at the time of loan processing
You can visit the Nearest Branch of Gilada Finance or call us through the Contact details available in the web site.[/vc_column_text][vc_text_separator title=”In which cities Gilada Finance SME Business Loans available?” title_align=”separator_align_left” color=”juicy_pink” border_width=”2″ css=”.vc_custom_1733992974138{margin-bottom: 0px !important;border-bottom-width: 0px !important;}”][vc_column_text]Gilada Finance loan against property is available in Bangalore, Kalaburgi, Bidar, Sindagi and Vijayapura by mortgaging home documents to the bank as collateral.[/vc_column_text][/vc_column][/vc_row]