About HDFC Bank Limited

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of HDFC Bank Limited , with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.

Top Reasons to take business loan from HDFC Bank Limited are as follows

Reason I – HDFC Bank gives Faster Business loan worth Rs.40 Lacs

HDFC Bank gives faster business loans up to 40 Lacs to invest in business. Customer can satisfy any of his requirements by availing the business loans. HDFC Bank sanctions and disburses the loan in one of the quickest, easy way. The doorstep facility is the major attraction.

Reason II – HDFC Bank offers attractive Rate of Interest @16.25% and other charges

HDFC Bank offers attractive and competitive rate of interest to the customers starting from 16.25%. The other charges are also minimum and affordable to the customers.

Reason III- Flexible Repayment Tenure Option

HDFC Bank offers flexible tenure from 12 months to 36 months to the customer .It’s better to take a business loan and repay in EMI’s than to look for funds from here and there. The different types of loans HDFC offers will definitely serve a customer’s need. Customer can avail easy repayment options like ECS or PDC.

Reason IV Transparency

While HDFC bank executive deals with the customer all the charges, documentation, process duration etc are communicated up front and also the same is been written in the quotation form and given to the customer. This is how the total process is very transparent.

Reason V – Credit Protect Insurance Plan

HDFC also take care of your loved ones with a Credit Protest Plan to cover the loan amount at a nominal premium. Secure your business loan with Credit Protect Plan.

Reason VI – No Collateral/ Guarantor / Security

HDFC Bank offers business loans to the valuable customers without asking for any collaterals / guarantor / security.

Key benefits of policy

1. Protects the family by paying off the loan amount in case of death of the customer

2. Life Coverage – provides peace of Mind

3. No need to use other savings to repay the loan

4. Tax Benefits as per applicable laws

5. One convenient package - loan + insurance

Premium will be charged for Credit Protect. This will be deducted from the loan amount at the time of disbursal. Same will be communicated to the customer.

How to Apply?

We at letzbank.com strongly recommend you the online application process for applying for yourbusiness loan business loan. Borrower can easily submit his duly filled online application form and avail loan without much trouble.

Customer can apply for business loan online at Letzbank

This will fetch him a lot of benefits such as:

1. Customer will able to compare various business loan products being offered by various banks across the country without actually moving around.

2. He will be able to plan his EMI’s through our uniquely designed EMI calculators available on our website Letzbank.

3. Applying online will also acquaint him with your loan status throughout its various stages during the repayment period.

4. Customer will be able to decide his own loan tenure and rate of interests.

5. Last but not the least we don’t charge a single rupee from our customer for the online application. It’s FREE FREE FREE!!!!

6. Customer can also keep a track on the loan application process through SMS and mail alert service.

7. As soon you apply on line, our executive will get in touch with you and further processing will be taken care of.

So hurry up if you are in a need of a business loan just log in to our portal and avail our services free of cost. Allow Letzbank.com to give you the best of our services.

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