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Business Loan

Ummeed Housing Finance Pvt. Ltd. ensures that you have a consistent flow of funds. Be it, investing in new machinery or funding day-to-day business operations, Business loan can be used as a continuous finance flow to fuel other business activities.

Business Loan

  • Loan against built up residential and commercial properties.
  • Loan for Self Employed borrowers
  • Loan amount from 2 lakhs to 25 lakhs.
  • Tenor from 2 years to 7 years.
  • Borrower should have a bank account.
  • Customer should be more than 25 years of age and not more than 65 years at the time of loan maturity.
  • Should be residing in a city where UMMEED HOUSING FINANCE has an office.
  • Guarantor not mandatory.
  • All the owners of the financed property and all individuals whose income has been considered for the loan have to be the co-applicants to the loan.
  • Loans can be taken for the following end uses :
    1. Buying New Stock
    2. Working capital for existing business
    3. Buy new property, which is to be used for business
      • Renovation of Existing shop
      • Buying machinery for business
      • Balance transfer of existing Business Loan