Business Loans of Axis Bank: Get Details on Interest Rates, Loan Amount, EMI, Eligibility & Processing Charges charged by Axis Bank.
Axis Bank’s Mpower-TL provides a hassle free way of meeting your business needs of expansion and other long term funding requirements against the security of immovable residential or commercial property. Mpower-TL is an EMI based loan and can be availed by partnership firms, private ltd. companies and trusts.
|Loan Amount||Upto Rs 5 crore for big enterprises and Rs. 1 crore for small enterprises|
|Tenure||10 years for big enterprises and 1-3 years for small enterprises|
|Pre Payment Charges||Not provided|
|Age||Age criteria not provided|
|Income||Income criteria not provided|
|Job Experience||Job experience not provided|
|Residence Proof||Residence proof not provided|
Documents Required for Axis Bank Business Loan
|ID Proof||Passport/driving license/voter ID|
|Address Proof||Electricity bill/telephone bill|
|DOB Proof||Certificate of birth/Matriculation certificate|