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Loans FAQs

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

The time it takes to get business loan approval in India varies on many factors like lender’s processes, the type of loan as well as how complete the paperwork is.
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It is possible to apply for a business loan in India while not having a formal business registration. If your business is not registered, there are some non-banking financial companies (NBFCs), fintech lenders, microfinance institutions that may be prepared to consider your loan application. They will often be looking for alternative proof including:

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The loan-to-value (LTV) ratio for used car loans is typically up to 90% of the car’s value.
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Loans for women-owned businesses in India are designed to promote women entrepreneurship and help narrow the gender gap in business ownership.
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Applying for a used car loan online with instant or fast approval is growing in popularity among lenders in India.
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The decision to use a personal loan or a used car loan is largely based on one's personal finances or circumstances.
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Having valid vehicle insurance is a requirement to secure a used car loan in the country.
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