A business loan is a financial product designed to help businesses cover expenses such as operational costs, expansion, or purchasing equipment. It provides the necessary funds to support business growth and sustainability.
An unsecured business loan is a type of loan that does not require collateral. This means you don't have to pledge any assets to secure the loan, making it a convenient option for businesses without significant assets or those looking to avoid the risk of losing them.
If you are an existing Tally customer, you are eligible to apply for a business loan through TallyCapital. Our streamlined process is designed to support and empower our loyal customers.
Yes, since it is an unsecured loan, you do not need to provide any collateral to obtain the loan. This simplifies the application process and reduces the risk for you.
If you are a Tally customer, you can check your eligibility for a loan through Tally. Additionally, you can find out the specific loan amount you qualify for before applying, ensuring transparency and clarity in the process.
Once your loan is approved, it typically takes around two business days for the funds to be disbursed, ensuring you get the financial support you need promptly.
Your EMI will depend on the loan amount and the tenure of the loan. Our flexible terms allow you to choose a repayment schedule that suits your financial situation. The loan EMI calculator available in the 'Business Loans' section on your Tally, will help you with the calculation of the EMI.
Through TallyCapital, you can secure a business loan of up to Rs 75 Lakhs, providing substantial support for your business needs.
No, you need to be using TallyPrime to apply for loans through TallyCapital. This integration ensures a seamless and efficient loan application process.
The tenure for repaying your loan will depend on the loan amount and your repayment capacity. Flexible terms allow you to choose a suitable repayment which can be upto 36 months.
TallyCapital, which is a part of Tally Solutions, has partnered with various banks and Non-Banking Financial Companies (NBFCs) to provide you with the business loan, ensuring you have access to reliable and diverse financing options.
Yes, TallyCapital offers multiple vendors, allowing you to choose the bank or financial institution that best meets your needs for the loan application.
Yes, you can still apply for and receive a business loan even if you are using Tally ERP9 Release 6.2 onwards. TallyCapital accommodates a variety of business management systems.
Your credit score can be checked each month, and checking this often does not affect your credit score.