As you requires I am here telling you about the benefits or advantage from Business Loan offered by State Bank of India (SBI ).

SBI Business Loan

Benefits on Business Loan:

Low interest rates.

Low processing charges;

No hidden costs or administrative charges.

No prepayment penalties.

Reduce interest burden

Long repayment period of up to 48 months.

Eligibility
Salaried indivigual,
Self employed engineer, doctor, architect, chartered accountant, or MBA
Minimum 2 years experience.

Loan Amount
Minimum :
Rs.24,000/- is offered in metros and urban centres.
Rs.10,000/- in rural/semi-urban centres

Maximum :
12 times Net Monthly Income for salaried individuals and
Pensioners subject to a ceiling of Rs.10 lacs

Documents Required:

Identity card .

Residential identity .

Passport size photograph

Security documents