FEATURES AND BENEFITS

Our technological capabilities help us assess credit risks through modern analytics and deliver a seamless borrowing experience

COLLATERAL-FREE LOANS UPTO 3 LAKHS

PAPERLESS PROCESSING

LOAN DISBURSEMENT IN 5 DAYS

FREQUENTLY ASKED QUESTIONS

1. What is a Micro Business Loan?

Ashv’s Micro Business Loan is specifically designed to meet the business funding requirements of the retail segment of customers.
While the possibilities are endless, here are some common purposes for which a Micro Business Loan can be procured for your business:
- Meeting working capital requirements
- Procuring raw material
- Fulfilling bulk orders
- Maintaining a healthy cash flow
- Paying suppliers in advance
All you need to do is, click here to easily apply for a Micro Business Loan
Here are the basic requirements for your business to be eligible for an Micro Business Loan:
- Promoter’s age should be between 23-65 years
- Business should be at least 2 years old
- Annual turnover should be between Rs. 3 lakh to Rs. 50 lakhs
- Have Bank statements for the last 12 months
- Should not fall under blacklisted list SBA finance
- Business location should not fall under Ashv’s negative area list
- Trusts, NGOs and charitable organizations are not eligible
You can avail an Unsecured Cluster Business Loan between Rs. 50,000 to Rs. 3 lakh
You can avail a Micro Business Loan for a period of 12 - 24 months.
1. KYC (ID & Address Proofs)
2. Business Proof (*): Can be confirmed through RM visit (SVR) or PD,
mandatory (Required proof) for loan amount > 1 lakhs
3. Ownership Proof: required for > 1 Lakhs (<1 Lakhs not required)
4. 12 Months Banking required