Business Loan Key Highlights
| Loan Amount Range | ₹1,000,000 to ₹5,000,000 |
|---|---|
| Interest Rate | Starting from 11.25% p.a. |
| Repayment Tenure | 12 Months to 60 Months (1 to 5 Years) |
| Processing Fee | 1.5% to 2.5% + applicable taxes |
| Collateral / Security | Nil (100% Unsecured Business Loan) |
Key Benefits of Business Loans
Quick Disbursal
Get funds directly credited to your current account within 48 hours of verification.
No Collateral Required
Protect your valuable business or personal assets with our completely collateral-free funding.
Flexible Repayment Options
Choose structured EMIs tailored according to your business cash flow cycles.
Types of Business Loans We Offer
Working Capital Loan
Meet daily operational expenses, manage inventory, and bridge short-term cash flow gaps.
Equipment & Machinery Finance
Upgrade or purchase new commercial machinery and tech equipment to increase capacity.
Business Expansion Loan
Fund new branch launches, market expansion, hiring, or marketing campaigns.
Business Loan Eligibility Criteria
- Age Limit: Borrower must be between 21 to 65 years at the time of loan maturity.
- Business Vintage: Minimum 2 years of continuous operational history in the same line of business.
- Turnover Requirements: Minimum annual turnover of ₹12 Lakhs audited by a Chartered Accountant.
- Credit Score: Recommended CIBIL score of 700 or higher with a clean repayment track record.
Required Documents Checklist
- Identity & Address Proof: Aadhaar Card, PAN Card
- Business Ownership Proof: GST Registration, Udyam certificate
- Financial Statements: 2 years financial, 1 year Gst 3B
- Bank Statements: Current Account 1 year statement .
Frequently Asked Questions (FAQs)
Q1. Is collateral or security mandatory for a Business Loan?
No, our business loans are completely unsecured. You do not need to pledge any property, gold, or assets as collateral.
Q2. How quickly can I get business loan disbursal?
Once all required documents are uploaded and verified, funds are directly disbursed to your bank account within 24 to 48 hours.
Q3. What minimum CIBIL score is required for approval?
A credit score of 700 and above is preferred for fast approval and competitive interest rates.