As a business owner, you may have faced sudden requirement of funds. This could be to expand business operations, fulfil inventory requirements or for any other reason that would enable you to grow your business. A business loan taken on Azhikode Service Cooperative Bank Ltd.
At Azhikode Service Cooperative Bank Ltd, borrowers deal directly with registered lenders thereby removing intermediary costs and margins of banks and financial institutions ensuring you get the best interest rates. Based on the financial documents submitted by you, the automated underwriting engine at Faircent determines the maximum loan amount, rate of interest and the loan tenure at which you can avail your business loan.
Interest rate is 13.25%
Loans up to Rs 8 lakhs per person in real estate pension for members' needs.
Applicant must be a member of the group or bank