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Business Loan

Features and Benefits of Business Loan

You will get some exclusive features and benefits with your VEAS Bank Business Loan

In – Principle loan eligibility in 1 Minute online and across all branches Convenience of contacting us through SMS, Webchat, Click2Talk, PhoneBanking and across all Branches Business Loan is also available on the basis of repayment of home loans, auto loans and credit cards.

Loan Amount up to Rs. 40 Lakhs (in selected locations you can get up to Rs. 50 lakhs).

Flexible repayment options ranging from 12 – 48 Months.

In case of Natural / Accidental Death of the customer, the customer / nominee can avail of the Payment Protection Insurance (Credit Protect) which insures the principle outstanding on the loan up to a maximum of the loan amount.

We will charge a premium for this product, and the premium amount will be deducted from the loan amount at the time of disbursal.

We will also charge service tax and applicable surcharge/cess at the rates notified by the government.

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