Overview

Apex Bank offers Petty Trader Loans for small entrepreneurs like Street Vendors, small kiosks, tiffin centres, mobile shops, vegetable sellers, tailoring, beauty parlour/saloons, repairing centres, photo studios, Carpenters, welding units and other self-employment activities.

  • Minimum and Maximum entry age for availing loan shall be 18 years and 65 years respectively.
  • Max. Loan amount up to 1 lakhs.
  • Max. Repayment period is up to 36 monthly instalments.
  • Collateral free loan.
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  • Small Loans, Big Support

    Get financing starting from ₹10,000 to support daily business needs.

  • Quick & Hassle-Free Processing

    Instant approval with minimal paperwork.

  • Affordable Interest Rates

    Competitive rates to ensure easy repayment.

Eligibility
  • Purpose : Financing of Small, Micro and Petty Traders and Street Vendors/ Business outlets.
  • Loan Limit : Upto Rs. 1.00 lakh
  • Repayment period : Upto 24 months
  • Area of Operation/Borrowers Spread : Borrowers will be considered for extending credit facility subject to satisfaction of the Branch Manager about the identity of the customers and their purpose of borrowing.
  • Documents required :
    1. KYC documents etc.
    2. Surety Bank statement.
    3. Surety Pay slips.
    4. Any other documents which may be considered necessary as per requirement
    5. of the case.
Rates of Interest Based on CIBIL Score
S. No. Particulars Revised Rates of Interest Based on CIBIL score ranges
1 Petty Trader loan 13.00%
How To Apply

Get a TGCAB Loan in 3 easy steps.

01. Get In Touch 24/7 Service

+040 24685660, +04023443812
18005998866

02. Visit Our Branch

Visit the nearest branch.

Find the nearest branch
03. Receive a Call Back

Our representative will contact you at the earliest.

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