Benefits of Loan Against Specific Industry
Benefits of Loan Against Specific Industry
Financial support for businesses in remote parts of India is now easier with HDFC Bank's industry-specific loans. These loans provide equitable access to the right financial solutions for businesses in rural areas looking to grow.
HDFC Bank typically processes Industry-Specific Loan applications within 7 days of disbursement for asset verification. However, pre-approved customers can get funds disbursed in just 10 seconds.
The eligibility criteria mainly depend on the type of loan you are opting for - the general eligibility criteria includes: The business should have a minimum turnover of ₹40 lakh and the applicant must have at least 3 years of current business experience.
Applying for an Industry-Specific Loan at HDFC Bank is simple. You can check your eligibility online or at any branch in just 60 seconds. Loans are disbursed based on your previous repayment history with HDFC Bank.
HDFC Bank offers specialised loans tailored to the needs of healthcare, construction and rural businesses. These loans can help you purchase new equipment, expand facilities and fuel growth in your industry.