Is it possible to get a business loan quickly on this year’s budget?

apply for small business loan

Apply for small business loans: Budget plays a crucial part in every type of loan. Businessman or entrepreneur has waited for the budget so that they can have some positive impacts on their business. Entrepreneurs or businessmen are those that own a business or start-up or any small business. Union finance minister Nirmala Sitharaman presented her second budget this month, and we got mixed reactions from the people. Businessmen welcomed the budget openly and accepted it with open arms. You can easily apply for small business loans and get it by just clicking on our business loan page.

This year’s budget is to boost the consumer’s consumption and tax relief. We talked to a few businessmen and they said positive lines of budget.

1) Harshil Mathur, CEO and Co-founder of Razorpay, said that the budget does meet a few of the expectations from the Fintech industry, and start-ups.

2) Mitesh Shah, head of finance of Bookmyshow, said that he lauds the government for growth driven budget. I welcomed the policies that focus on improving rural demands, relief from taxes, and increase the consumer’s consumptions.

3) Indroneel Dutt, CFO, Cleartrip, said that he is happy with the initiative to make India’s one of the world’s top tourism hub. The budget allocates Rs. 2500 crore for promoting tourism. By this, the airline business, and hotel business will rise to a great extent.

A quote said by the finance minister that Entrepreneurship is the strength of India, and she meant through her budget.

Now, the Finance minister makes it easy for people to take loans, and then apply for business loan online from Rokdabazaar. We have tied up the biggest banks that provide business loans. You can compare the rates and tenure, and then apply with the bank, which has the best interest for you. Business loans are those loans that satisfy your business money problem. Business loans are for everyone who wants to start a business, or already has a business. Business loans are unsecured loans that mean the bank or NBFCs will not ask for any property as security. So, anybody can easily apply for business loan online, and fill-up the form. Online loans are easy to get because of no hassle, just connect with the right bank and start the process.

Rokdabazaar tied up with the most popular banks for business loans:

1) HDFC Bank Business Loan:

a) Interest rates start from 12.70% to 22% terms and conditions apply.

b) The processing fee is 2% of the loan amount.

c) Tenure ranges from 1 year to 5 years.

2) Tata Capital:

a) The interest rate is just 19% with terms and conditions apply.

b) The processing fee is up to 2.75% of the loan amount plus the GST.

c) Tenure ranges from 12 to 36 months.

3) Bajaj Finserv

a) Interest rates start from 12.70% to 22% terms and conditions apply.

b) The processing fee is 2% of the loan amount.

c) Tenure ranges from 1 year to 5 years.

On Rokdabazaar website, they have provided more banks to compare rates and tenure. So, you can select for yourself which suits you.

Features of applying for a business loan with us are:

1) Large capital made affordably.

2) hassle-free business loans.

3) No collateral.

4) Online account access.

5) Loan up to Rs. 30 Lakhs.

We are one of the most trusted NBFCs in India. Apply for small business loans without any hassle and fast disbursal. The finance minister makes it easy for a businessman to take a business loan easily and fastly.

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