Business interest from bank
Querist : Anonymous
Traders Easy Loan scheme is launched by SBI to provide hassle free loan to Traders. Any businessman/ entrepreneur/ professional and self employed person can avail this loan. Loan under the scheme can be availed to meet normal business requirements and is sanctioned against equitable mortgage of property.
Loan Feature
Loan Amount Upto Rs 5 crore
Interest Rate 12.50-13.00%
Tenure Maximum 5 years
Pre Payment Charges Not provided
Service Charges
Processing charges:
1% of the loan amount
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Eligibility Criteria : Business Loan
Querist : Anonymous
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