Who We Are
Self-Employed: Business Loans – Grow Your Business with Nitstone Finserv Overview
Business loan for New Business
It is a suitable way to organise finances, maintain working capital, and help ensure the business continues without operational disruptions.
Scale of Business
Our Business Loan is created to support different business types. We provide Business Loans for women, entrepreneurs, and emerging business owners.
Secured Business loan
A loan supported by collateral such as property or permitted assets.
Unsecured business loan
A loan without collateral or offered based on business profile, financials, and credit assessment.
Benefits & Features
Nitstone Finserv Offers up to Rs.25 Lakh Loan to Start A New Business
You can apply for a Business Loan online from Nitstone Finserv up to Rs.25 lakh and repay it at your ease by opting for tenures ranging from 24 months to 60 months. You can also use the Business Loan EMI calculator to know how much EMI you will have to pay for your Business Loan.
Pre-approved Offers
Existing customers of Nitstone Finserv may receive selected pre-approved Business Loan offers based on profile and internal criteria.
Online Account Access
After availing a business loan from Nitstone Finserv, you can conveniently access loan details such as schedules, certificates, repayment history, and key information through our digital customer portal.
Eligibility & Documents
Eligibility & Documents
You may be eligible for a business loan if you are:
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A Proprietor, Partnership, Private Limited, or Limited company
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A Self-Employed Professional (doctor, CA, architect, etc.)
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A Self-Employed Non-Professional (trader, manufacturer, etc.)
Required documents include:
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Duly filled application form
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KYC documents of the applicant & co-applicant
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Recent bank statements (last 3 months)
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Income proof (ITR, Balance Sheet, P&L statement for past 2 years)
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Business continuity proof (minimum 5 years preferred)
Ready to Apply
Apply NowHow to Apply
Step 1
Click on Apply to access our online form. Complete the details and submit the application.
Step 2
A Nitstone representative will review your application and contact you to discuss the next steps.
Step 3
Provide the required documents for verification.
Step 4
Loan processing will proceed according to standard verification and approval procedures.
Fees & Charges
|
Types of fees |
Charges applicable |
|---|---|
|
Interest Rate |
16 % to 25 % |
|
EMI Bounce Charges |
INR 100+ GST for every bounce |
| Processing Fee |
1 % to 2 % on Loan Amount |
|
Part Prepayment |
1 % on the paid part payment amount |
|
Foreclosure Charge |
1 % on principal outstanding |
| Penalty charges |
INR 500+ GST |
| Convenience Charges |
INR 2000 |
- Foreclosure: charges will be applicable on the current principal outstanding.
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Part payment made should be more than 1 EMI.
Note:-
Loans are subject to eligibility, verification, credit checks, and company policies.
Terms, conditions, and applicable charges apply.
Nitstone Finserv may approve or decline applications based on internal criteria.