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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.

Fund-based and non fund-based credit facilities represent two distinct categories of financial assistance provided by banks and financial institutions.
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Business loan tenures vary significantly based on loan type, purpose, lender policies, and borrower profiles.
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To check your business loan balance, you can use several convenient methods provided by most lenders.
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Securing a business loan during an economic downturn is often more demanding, as lenders tend to tighten their eligibility criteria and examine applications more closely.
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Delays in business loan processing can result from incomplete or incorrect documentation, discrepancies in financial records, or a lack of clarity in the business plan.
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There is no fixed waiting period for reapplying after a business loan rejection, but it is advisable to understand and handle the reasons for rejection before submitting a new application.
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If your business loan application is declined, the lender will typically explain the reason behind the decision.
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