Located in Mysore and looking for a business loan to expand your business? Well, you are at the right place. Aavas Mysore facility has been offering business loans in Mysore since now and thousands of Mysore-based MSME units have benefitted with our easy loan process and fast disbursal system.
Irrespective if you already have a business unit in Mysore or plan to start a new venture, Aavas Financiers Ltd. will ensure that all our business loan requirements are fulfilled in Mysore Itself.
Our Mysore facility is located at 2924, Basava Arcade, 1st Floor, 1st Main & 5th Cross Road, Saraswathipuram, Mysore-570009, Karnataka, you can just walk-in or you can call us at 1800-20-888-20 to find out more about eligibility criteria for a business loan. Or you apply online for an MSME loan at your convenience.
| ID PROOF | Driving license, Voter id card, PAN card, Aadhar card, Passport |
|---|---|
| ADDRESS PROOF | Driving license, Voter id card, PAN card, Aadhar card, Passport, Electricity Bill |
| BANK STATEMNT | Account statement of last 2 months |
| INCOME STATEMENT | Bank passbook, IT returns of last 3 years, Payslip of last 2 months, Certified letter from the employer, Form 16 |
| OWNERSHIP PROOF OF BUSINESS | Office property papers, any government recognised certificates |
| PROFESSION | Self-employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms |
|---|---|
| AGE | 21-67 years |
| MINIMUM INCOME | 1.5 lakhs per annum |
| MINIMUM TURNOVER | 10 Lakhs |
Also, you can email us at [email protected], and our Mysore-based representative will be in touch with more details like the existing business loan interest rates in Mysore, the same will also help you in answering the questions like what should be minimum turnover to get a business loan in Mysore, how long will it take to get the loan, list of documents needed to get MSME loan in Mysore and any other questions which you might have.
We at AAVAS endeavor to provide best home loans options in Mysore including
What is the lowest interest rate on a business loan in Mysore
The lowest interest rate on a business loan offered in Mysore is 8.30% for all the leading banks in the city.
How long does it take to get a MSME loan in Mysore?
A business loan in Mysore can be availed within 48 hours after successful submission and filing of all necessary documents and meeting the eligibility criteria.
Are there any charges other than the interest rate that I have to pay to avail the loan?
There are other different types of charges required to be paid to avail of the loan like processing fees, application fees, administration fees, legal fees, etc.
How much is the minimum amount that can be borrowed as business loans in Mysore?
The minimum amount of a Business loan that can be availed of is 10,00,000 where it changes according to the business professions and the organizations from which the loan is being availed.
Is EMI service available to pay small business loans in Mysore?
Yes, EMI service is available to pay for Business loans in Mysore. The amount of EMI may vary on the amount of loan, the tenure it has been taken, and the rate of interest.
How to apply for new business loan in Mysore?
All you have to do is just reach out to us.
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