Human being needs a lot of support to establish a base.  In modern scenario, the increasing trend of corporate culture pushes a person to have well equipped office for running the business in smoother ways. It is obvious that money is needed to fulfill all the requirements.  After the own resources are exhaust, person needs some financial help from various agencies but with a little hesitation because some of the tough formalities.  Almost the banks have made their policies regarding loaning quite compact.  In first look, one can say the policies are quite helpful for customers but hidden terms and conditions are tougher to take a financial help from the banks.

But Tathastu HCBL Bank has created a way that provides easy loaning to the customers for satisfying the business needs like, purchasing of equipments for office, furniture, interior decoration of the business complex and purchasing of tools for maintenance purposes etc.  The name of these loans has been accorded as Saral Loans because availing this facility is quite easy.  Formalities are there, but can be made at easy instances.  Some of the essential formalities to avail Saral loans are as under:-

Basic Eligibility Criteria:  In simplest steps you can get the Saral Loan from HCBL because "Yeh Bank Zara Kuch Khas Hai".

Those residents of India who are indulged in proprietorship, Partner in any business either retailing or as franchise,  running beauty parlors, small scale skill based works like Carpentry, Auto-mobile garage owners, restaurants or Tiffin service providers, Canteen owners and likewise persons are fully eligible to get Saral Loans to run their business smoothly.

Age Limit: To get the Saral Loans, the borrower must be between the age of 21-65 years and they should have a permanent place for running their business.  In more simple words, they should be working on any place on permanent basis.

Interest rate: This loan policy is designed to suit the financial needs of the individual.  The rate of interest is applied in easy manner.  According to the guidelines of RBI, a 12.50% is levied on a term loan.  For detailed information regarding the loan sanctioning process, individual needs to visit the bank physically of visit the official website of the bank.  On home page, everything is posted in detailed manner. 

The privacy policy of the bank is not forced on the customers like some other financial agencies.  Privacy policies have been designed to strengthen the relationship between bank and customers and not for creating a suspicion till the loan is sanctioned.  You can return the loan before the period of agreement.  No pre-paid penalty charges are applied if someone did so.  Accordingly the rate of interest will be minimized and capital adjusted.

Bank confirms the honor of each customer and promises to provide the loan as per requirement and eligibility criteria.  Saral loans are meant for help of the needy people and HCBL maintained the tradition to satisfy the needs of all eligible customers.

Tathastu for your all wishes by HCBL Bank. HCBL Bank provides finance services, deposit scheme, Housing loan, Car loan, personal, education loan at low interest because Yeh Bank Zara Kuchh Khaas Hai.