IDFC Business Loan Loan Amount ₹9 Lakhs to ₹1 Crore Loan Tenure 12 Months to 48 Months Login IDFC Business Loan Policy Loan Amount: Minimum – 9 Lakhs | Maximum – 1 Crore Tenure: 12 months to 48 months Targeted Customers: Self Employed Individuals, Sole Proprietorship Firms, Partnership Firms, Private Limited Companies, Public Limited companies, LLPs Age Norms: Minimum: 28 years at the time of loan origination, Maximum: 68 years at the time of loan maturity for the main applicant. Income Norms • Minimum Turnover of 1 Crore Turnover to have a positive trend, Drop of up to 20% is allowed Bureau Norms >=720 Vintage: At least 3 years of business vintage is required. Forclosure : with udyam 0% else 5% Ownership Proof: Ownership proof of office or residence Customer to mandatorily have an owned residence or owned office.
