SDDSS : Select the Best Options in 5 Simple Steps
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To start, grow or for working capital needs.
Individuals/Proprietors, Partnership Firms, LLP and Private Limited Companies.
With Collateral or Collateral Free,
With or without Co-borrower / Guarantor.
The maximum repayment period is up to 5 years
Equated Weekly Installments or Equated Monthly Installments.
Small Businesses Supported
Loan Amount Facilitated
Free Online Business Guides
Under different loan schemes, interest is calculated either on the reducing balance basis or fixed balance basis.
Usually, the NBFCs/Banks give the initial 1 to 3 months as the moratorium period after disbursing the loan amount.
It entirely depends on the NBFCs / Banks who will be providing the loan. But yes, there can be delayed or default EMI/EWI charges.
The payment of EWIs/EMIs should be made through UPI, NEFT/RTGS, NACH.
Yes, the CIBIL score is an important factor. NBFCs & Banks check the credit history of the borrower and assess the business on different factors such as past loan track record, repayment history, etc. and come up with their individual assessment results.
Yes, a business having entity-specific documentation in place, such as partnership deed, MOA, AOA are eligible for this loan.
Our partners in the journey
deAsra is associated with many organizations in the mission of promoting mass entrepreneurship.These organizations include funding partners, service partners, like-minded NGO’s and CSR’s working towards generating jobs through entrepreneurship, and entrepreneur clubs