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Business Loan

Whether you are starting a new business or looking to expand your
existing one, our Business Loan is designed to give you the
financial support you need.
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Loan Details

Loan amount

Up to ₹10,00,000/-

Repayment options

36, 48 & 60 months

Interest rate

 16% p.a. (Revised)

Documents Required (KYC Norms)

To apply for a Business Loan, you need to provide the following documents:

  • 10% FD on loan amount.
  • 3 passport size photo.
  • Identity Proof
  • 2 Surety – (SB a/c with St. Milagres)
  • LIC Assignment (Statement of Surrender value)
  • Vehicle Hypothecation.
  • Driving License Xerox
  • Voter ID Xerox
  • Ration Card Xerox
  • Business Licenc
  • IT Returns
  • Rent Agreement
  • Stock statement

Why Choose Our Business Loan?

Flexible repayment options (up to 60 months)

Loan up to ₹10 Lakhs

Designed for both startups & established businesses

Transparent process with dedicated Branch support

Quick Links

Account & Deposit

Loans

Contact Info

Phone

08382-223600

Email

[email protected]

Location

Rosary Dale Keshav Shet Road, 1st Cross, Sonarwada, Karwar 581301.

About Milagres

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