Apply for Pharmacy Loan Now!
A pharmacy loan, also known as a medicine shop loan, is a special financial offering extended to medicine shops. It’s a unique loan aimed at meeting the financial requirements of Pharmacy shops looking to expand their business.
A pharmacy loan works pretty much the same way as most loans. You apply for a loan, submit the documents, the bank checks your credit worthiness and makes a loan offer. If you accept it, the funds are transferred to your bank account, and you can use them any way you like.You must repay the loan in equated monthly instalments (EMI), which will depend on factors such as loan amount, tenure and interest rate.
Any Pharmacy having his own Identity proves i.e. Adhaar Card, Pan Card, Voter Card, Income Proof i.e. Income tax File, , Bank account statement, Business Proof i.e. Trade License, Drug License, etc, Contact details i.e. Phone, Mail, Photo, etc can apply for Pharmacy Loan.
You can get a pharmacy loan very quickly. It will take Max.5-10 Working Days.
The loan interest is Mi.10% - 20% per Year.
It’s a short term product. Loan tenure will be Min.3 Years to Max.5 Years.
Getting a pharmacy loan from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our pharmacy Loan application, then all processes will be completed by our side.