fbpx
What is Manba Vyapar Loan?

Manba Vyapar Loan is a funding program for small business loan which specifically targets small businesses such as Kirana stores, Medical Shops, Tailors, Carpenters, Laundries, Eateries / Bakeries, Manufacturing Units, Repair shops, etc., whose financing needs are smaller in size & have comparatively less access to organized funding. It is a business loan without collateral.

The minimum loan amount one can avail of is ₹75,000 and up to a maximum of ₹10 Lakhs for collateral-free loans.

The maximum loan tenure offered on our Manba Vyapar Loan currently is 48 months.

We have one of the best Small Business Loan solutions. Some of our major features are:
  • Loan for business without security i.e. Collateral-free loans up to Rs.10 Lakhs
  • Maximum loan tenure up to 48 months
  • Widest outreach across 7 states
  • Seamless digital journey
  • Loan disbursal within 4 days*
  • Minimal documentation

The eligibility criteria for availing Manba Vyapar Loan include factors such as:

  • A business continuity of minimum 3 years
  • Applicant to be a minimum of 25 years of age and a maximum of 68 years of age at the time of loan maturity.
    If both of these conditions are met, applicants will further be assessed basis:
  • Banking – Eligibility calculation basis the average bank balance

To avail of a Manba Vyapar Loan, you will need to have a house or a shop in your name or in the name of your spouse/parents.

You will need to provide a PAN Card and any one of the officially valid documents – Aadhar/Passport/Driving license/ Voter ID with your correct name, date of birth, current address.

In case you don’t have a PAN Card, you can fill and submit Form 60 for verification.

A loan amount of up to ₹10 Lakhs is disbursed within 3 days of approval depending on the customer’s profile and our internal policies.

Your EMIs will be auto-debited from your bank account on the due date through the NACH registered at the time of your loan application. In case your EMI has bounced, you can pay via:

  • Nearest Manba Finance branch
  • UPI channels like Google Pay, Paytm, etc.

Feel free to reach out to our sales officer in case you need guidance on payment via UPI channels.

Give Us A Call

We are always here to help you!