Skip to content
active

Loans FAQs

Explore various loan options with our detailed FAQs. Access clear, concise information to choose the most suitable financing solutions for your needs.

Yes, along with interest, there may be additional charges associated with a working capital loan
Read More
Interest rates on Working Capital Loans typically range from 12% to 18% per annum, influenced by several factors.
Read More
To apply for a Working Capital Loan, follow these steps:
Read More
Working Capital Loans are primarily used to finance short-term operational needs. Businesses commonly use them for:
Read More
Working Capital Loan tenures are typically short-term, ranging from 6 months to 3 years.
Read More

The sanction limit for a working capital loan depends on various factors such as the business’s financial health, revenue, and requirements.

Common limits include:

  • Small businesses: ₹50,000 to ₹5 Lakhs
  • Medium businesses: ₹5 Lakhs to ₹50 Lakhs
  • Large businesses: ₹50 Lakhs and above

Factors determining sanction limit:

Read More
Yes, some financial institutions allow you to use Toll Finance to repay outstanding toll charges.