Business Loan
Working capital and expansion finance for shops, trades, and small enterprises.
Business Loans help members grow — stock up before a festival season, buy equipment, renovate a shop, or smooth cash flow between payment cycles.
We lend to traders, artisans, weavers, agri-businesses, and small manufactures across the valley, with flexible repayment tied to your business cycle.
Interest rates
| Balance slab | Interest rate | Note |
|---|---|---|
| Up to Rs. 10,00,000 | 10.50% p.a. | |
| Rs. 10,00,001 – Rs. 50,00,000 | 10.00% p.a. |
Loan period
- Tenure
- Up to 7 years
- Repayment
- Monthly, quarterly, or seasonal EMIs
- Grace period
- Up to 3 months for seasonal businesses
Required documents
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Business proof Trade licence / GST registration
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Address proof Shop or godown address documents
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Income proof ITR (last 3 years) or bank statements
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Collateral For loans above Rs. 3 lakh — any immovable or gold
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Financials Balance sheet for companies and firms
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Photographs & ID Business and proprietor ID
Eligibility
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Member of the society for 12+ months
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Business operating for 2+ years
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Any sector — trade, services, agri, processing
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No overdue dues with the society
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Clean credit history