Faridabad is the largest city of Haryana and with this city’s expansion and increase in new commercial hubs in NCR like Noida and Gurugram, has created enormous opportunities for businesses and entrepreneurship. Faridabad is also one of the leading industrial centers located in the NCR that has been included in the second list of Smart City Mission by Government of India.
Like other major cities of India, Faridabad also contributes with the help of banks and NBFCs in providing lending products, including credit cards , personal loans , home loans , loan against property, gold loans, education loans, auto loans, etc. Financial institutions operating in this city also specializes in providing business loans, term loans and working capital loans to residents of Faridabad at attractive interest rates.
| Interest Rate | 14.99% onwards |
| Loan Amount | Max. up to Rs. 2 crore, can exceed depending upon business requirements |
| Repayment Tenure | From 12 months to 5 years |
| Collateral | Not required (Besides equipment finance, machinery loan and invoice discounting) |
| Age Criteria | Min. 18 years and Max. 65 years |
Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank, NBFC and RBI. GST and service tax shall be levied extra on the mentioned fee & charges.
