Compare Business Loan - OBC vs Syndicate Bank
Bank |
SBI
HDFC Bank
ICICI Bank
RBL Bank
Tata Capital
Lendingkart
Bajaj Finserv
IDFC First Bank
IIFL
Bank of Maharashtra
IndusInd Bank
Kotak Bank
Fullerton India
Ftcash
Indifi
Neogrowth
IDBI Bank
Allahabad Bank
Yes Bank
PNB
OBC
Indian Overseas Bank
Dhan Laxmi Bank
DCB Bank
Andhra Bank
United Bank of India
Corporation Bank
Bank of Baroda
|
SBI
HDFC Bank
ICICI Bank
RBL Bank
Tata Capital
Lendingkart
Bajaj Finserv
IDFC First Bank
IIFL
Bank of Maharashtra
IndusInd Bank
Kotak Bank
Fullerton India
Ftcash
Indifi
Neogrowth
IDBI Bank
Allahabad Bank
Yes Bank
PNB
Indian Overseas Bank
Dhan Laxmi Bank
DCB Bank
Andhra Bank
United Bank of India
Corporation Bank
Syndicate Bank
Bank of Baroda
|
---|---|---|
Parameters | ||
Interest Rate | Interest Rate 12.65% - 15.65% |
12.65% - 13.65% |
Processing Fees | Processing Fees 0.50% of Loan Amount |
0.5%, Min Rs. 500 |
Loan Amount | Loan Amount ₹ 1 Lakh to ₹ 15 Lakh |
₹ 50,000 to ₹ 5 Lakh |
Loan Tenure | Loan Tenure 12 to 84 Months |
12 to 60 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 1,800 |
₹ 2,257 |
Part Payment Charges | Part Payment Charges Allowed after 0 months at Nil Prepayment Charges |
Allowed after 0 months at Nil prepayment charges |
Foreclosure Charges | Foreclosure Charges Allowed after 0 months at Nil Prepayment Charges |
Allowed after 0 months at Nil prepayment charges |
Borrower’s Age | Borrower’s Age 25 to 65 Years |
21 to 58 Years |
Minimum Years in Business Required | Minimum Years in Business Required 0 Months |
0 Months |
Minimum Turnover Required | Minimum Turnover Required ₹ 0 |
₹ 0 |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) |
|
Compare EMI of OBC and Syndicate Bank Business Loan
Loan Amount | OBC | Syndicate Bank |
---|---|---|
₹ 1 Lakh | ₹ 1,800 | ₹ 2,257 |
₹ 5 Lakh | ₹ 9,001 | ₹ 11,287 |
₹ 10 Lakh | ₹ 18,002 | ₹ 22,574 |
₹ 15 Lakh | ₹ 27,003 | ₹ 33,861 |
Which is a better bank for Business Loan – OBC or Syndicate Bank?
OBC offers lower Business Loan EMI at 1800 on a Business Loan for 84 Months as compared to Syndicate Bank with a minimum EMI of 2257 for 60 Months. Average customer ratings for OBC is currently at /5.0 which makes it a good choice for taking a Business Loan.
How does OBC Business Loan compare with Syndicate Bank Business Loan?
A detailed comparison of OBC and Syndicate Bank Business Loan on various terms and conditions highlight key differences in their offerings and allows the customer to take an choose the best bank for Business Loan. Results of a comparative analysis between both banks highlight that:
Which bank offers lower interest rate on Business Loan – OBC or Syndicate Bank?
The lowest interest rate for both OBC and Syndicate Bank on Business Loan currently starts from 12.65%. Hence, both banks are a good choice for potential borrowers.
Know all about Business Loan
Know more about OBC Business Loan
Know more about Syndicate Bank Business Loan
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Compare Syndicate Bank Business Loan With Other Banks
Know About MSMEs and Mudra Loan
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