Unsecured loan is disbursed based on your income and expense trend.
It is Collateral free loan.
Repayment: Repayment structure depends on bank to bank policy.
Repayment tenure : Normally between 1 to 5 years
Best loan rates applicable for borrowers, who have repayment schedule for three to five years.
Utility for unsecured loan:
Business liquidity met by working capital loan. Mainly for the growth of the business or to met with unforeseen events occurred in the business.