Business Loan
Fuel your next stage of growth
Unsecured and secured working capital or term loans for MSMEs, retailers, traders, manufacturers and service businesses. Keep day-to-day operations running or fund expansion without diluting ownership.
Interest rate
from 11.50% p.a.
Loan amount
Up to ₹2 Cr
Max tenure
up to 10 years
Processing fee
1.00% – 2.50% of loan amount
Key features
Business Loan highlights
- Collateral-free options up to ₹1 Cr under CGTMSE-style schemes
- Interest rates starting 11.50% p.a. (indicative)
- Flexible tenure — 12 months to 10 years
- Overdraft, dropline OD and demand-loan structures
- Top-up loans after 6 months of clean repayment
- Dedicated relationship manager for MSME clients
Get the best business loan offer today
Free consultation with a dedicated manager. Compare multiple sanctioned offers before you choose.
Plan it
Business Loan EMI calculator
Prefilled with typical values for this product — adjust to match your requirement.
Indicative calculation for a reducing-balance loan. Your actual EMI depends on the lender's final rate and schedule.
Your monthly EMI
₹43,985
Principal amount
₹20 L
Total interest
₹6.39 L
- Principal
- ₹20,00,000
- Total interest
- ₹6,39,113
- Total payable
- ₹26,39,113
Eligibility
Who qualifies
- Business vintage of at least 3 years (2 for some lenders)
- Annual turnover of ₹10 lakh or more
- Profitable operations in the last 2 years preferred
- GST registration and filing history in order
- Credit score of the promoter / business — 650+ preferred
Documents
Keep these ready
- PAN of the firm and promoters, GST certificate
- Udyam / MSME registration, if available
- 2–3 years' ITR with computation of income
- Audited or provisional financials — P&L and balance sheet
- 12 months' current-account bank statements
- Proof of business premises — rent agreement or ownership deed
Costs, upfront
Interest rates & charges
Indicative ranges across partner lenders. Your final schedule is shared in writing before you sign.
| Charge | Details |
|---|---|
| Interest rate | 11.50% p.a. onwards (indicative) |
| Processing fee | 1.00% – 2.50% of loan amount |
| Prepayment | Nil – 4% depending on lender and loan type |
| Late payment penalty | 2% – 3% per month on overdue amount |
| Cheque / ECS bounce | ₹500 – ₹1,000 per instance |
| CIBIL report (if pulled) | ₹500 – ₹1,500, actuals |