Who can take a business loan ?
- Self Employed Professionals (SEP) – Company secretaries, allopathic doctors, chartered accountants and architects etc. who are currently practicing their profession.
- Self Employed Non Professionals (SENP) – Retailers, traders and manufacturers, proprietors, and service providers etc.
- Entities – Limited Liability Partnership, Partnerships, Private Limited as well as closely held Limited companies.
Other constitution types can also apply for the business loan but depending on their profile which may vary on case to case basis.