Capital First

Capital First

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range
Action

Rate of Interest

  • Floating rate of Interest : 16% p.a. to 24% p.a.
  • Fixed Rate of Interest : 16% p.a. 

Eligibility Criteria

  • Minimum 23 years of age and maximum 65 years
  • Loan period from 1 year to 3 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented
  •  

Fees and Charges

  • Processing Fees 0.0% to 2.0% depends on type and category of borrower
  • Pre-closure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • Address proof of individual: Aadhaar Card, Voter’s ID Card, Bank statement, registry copy, rent agreement , utility bills
  • Identity proof of individual: Passport, Driving License, PAN Card, Aadhaar Card, Voter’s ID Card
  • Business existence proof: PAN, sales tax/ excise/ VAT/ service tax registration, copy of partnership deed, trade license, certificate of practice, registration certificate issued by RBI, SEBI
  • Copy of Income Tax PAN for 24 months
  • Bank statement of last 6 months

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Capital First

Your Eligibility depends on following






You can increase your eligibility by doing following


Rate of Interest and Other Charges for Business Loan are following

Existing Loan take over or New Loan

Features of Loan