Required A Loan of Rs.5 lakh With Minimum Interest Rates For My Dad's Business?

Hi Everyone On Eti!!!

I am in need for a loan of Rs. 4-5 lakhs rupees for my Dad's business. I know that these days loans are easily available in various private banks but they charge heavy interest rates.. And to get a loan from a government bank is not as easy as it sounds.i wanna loan from a bank that charges very minimal bank rates as interest...


Please suggest me some banks and various schemes of various bank in which i can get a loan at very low interest rates.

Looking forward for your help as early as possible

Hi Himanshu,

You too can get a loan at a lower interest rate if your CIBIL score is 750 and above. If it's your dad who is going to apply for a loan on his name then ask him to check his current score which will be really of help to him. If the score is 750+ then the chances of getting a loan is high and if it's less than 750 then he needs to improve the credit score and then apply for a loan.

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Deepali MOhite,

You are requested to not to provide false and irrelevant information to promote a particular website.

This question is quite old and he is asking about cheapest possible rate of interest provided by banks. If you can see its not about CIBIL score or loan issue.

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