ADITYA BIRLA FINANCE BUSINESS LOAN

Aditya Birla Finance Limited(ABFL) is among the leading financial services company in India offering end-to-end lending, financing and wealth management solutions to a diversified range of customers across the country. ABFL is registered with the Reserve Bank of India as a systemically important non-deposit accepting non-banking finance company.
Specifically designed for individual and non-individual borrowers, either self-employed entrepreneurs, traders, manufacturers and/or companies and professionals
A finance option to pushup operations, purchase new premises or machinery, acquire the latest technology and skilled manpower, operationalize new supply chain management systems, etc.

Features of ABFL Unsecured Business Loans

Loan Amount Range
Business Loan can be availed between Rs.50,000 to Rs.15,00,000

Type of Loan
Term Loan with EMI based repayment

Security Type
It’s an Unsecured Business Loan in which no collateral or guarantor is required.

Tenure Range
The tenure can be between 12 to 36 months

ROI Range
The rate of interest can be 18% to 24% per annum

Eligibility Criteria

Self-employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.
The minimum vintage of business should be 1 year.
Minimum Annual Sales Turnover – Rs.5 Lakh
Ownership – Residence/Office
Residence – Self / Parental Owned / Rented
Office – Self-owned / Rented

Documentation

Type of Proof Sole Proprietor (SP) Partnership Company
ID Proof PAN PAN PAN
Home Address Proof (Any One)
  • DL
  • Passport
  • Voter ID
  • Aadhaar
  • DL
  • Passport
  • Voter ID
  • Aadhaar
  • DL
  • Passport
  • Voter ID
  • Aadhaar
Business Address Proof (Any One)
  • Registration certificate
  • Shop Act
  • Sales/IT returns
  • CST/VAT certificate
  • Sales tax/Service tax
registration/Professional tax certificate
  • Telephone bill
  • Electricity bill
  • Water bill
  • Bank Statement/Bank Passbook
  • Municipality tax
receipt/Property tax receipt
  • Telephone bill
  • Electricity bill
  • Water bill
  • Bank Statement/Bank Passbook
  • Municipality tax
receipt/Property tax receipt
Legal Existence Proof
  • Same as business address proof
  • Registration certificate
  • Partnership deed
(Both required)
  • MOA*
  • AOA*
  • Certificate of Incorporation*
(Both required)