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Benefits of Chqbook
Benefits of Chqbook
- Loans upto ₹ 20 lakh
- Tenure upto 60 months
- Interest Rates starting from 17% pa
- 100% Digital process
FAQs
VIEW ALLBorrower needs to fit into the minimum Chqbook credit parameters.
Time taken to approve the loan depends on the documents provided by the borrower. It will take 24-48 hours once the borrower has given all the necessary information/ documents required to check the creditworthiness for the loan applicant.
Mandatory documents required are as below-
- KYC documents
- Business proof
- Related Licences
- Income tax returns
- Bank statements
In addition to the above-mentioned key documents, other documents may also be required to assess credit eligibility
Customers can borrow Business Loans starting at Rs 25,000 to a maximum of Rs 20,00,000.
Charges include processing fees ranging from 2% p.a. to 5% p.a. and 18% GST.
No, there are no tax benefits on this.
No, the borrower cannot make extra repayments on their loan.
Borrower will have to write to Chqbook customer support on Care@chqbook.com to get loan statement.
Disclaimer: In the Tata Capital Group, Home Loans and Home Equity are offered by Tata Capital Housing Finance Limited and other loan products are offered by Tata Capital Financial Services Limited at their sole discretion respectively. Certain other Loan products are brought to you by respective third party entities at their sole discretion . Terms and Conditions apply.
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