At Sri Sudha Co-operative Bank Ltd., we understand that every business needs timely financial support to grow, expand, and stay competitive. Our Business Improvement Loan is designed to help entrepreneurs and business owners enhance their operations, upgrade infrastructure, purchase equipment, or meet working capital requirements.
Key Features:
► Flexible Loan Amount: Based on business turnover, financial standing, and repayment capacity.
► Attractive Interest Rates: Competitive rates to ensure affordability for all business categories.
► Easy Repayment Options: Convenient EMI plans tailored to your cash flow.
► Quick Processing: Hassle-free documentation and speedy approval process.
► Purpose: For business expansion, renovation, machinery purchase, modernization, or inventory financing.
Eligibility:
► Proprietorships, partnerships, private limited firms, and small enterprises engaged in legitimate business activities.
► Satisfactory credit history and business record.
Documents Required:
► Loan application form
► KYC documents of borrower and guarantor
► Proof of business registration and financial statements
► Income Tax Returns / GST returns
► Collateral or security details (if applicable)
