Business Loan

Features of Business Loan

Flexible Loan Amount

Avail loans tailored to your business requirements, from small needs to large investments.

Quick Approvals

Get your loan approved in minimal time, ensuring no delays in your business operations.

No Collateral Required

Unsecured business loans eliminate the need for pledging assets or property.

Custom Repayment Plans

Choose repayment options that align with your cash flow for ease of repayment.

Competitive Interest Rates

Benefit from affordable rates to reduce the financial burden on your business.

Dedicated Support

Get expert guidance and dedicated support for all loan-related inquiries.

Eligibility Criteria

Age Criteria

The applicant must be between 21 and 65 years old.

Business Vintage

The business must be operational for at least 2 years.

Minimum Turnover

Annual turnover should meet the lender's eligibility criteria.

Credit Score

A good credit score (typically 650 or above) improves your chances of approval.

Types of Business Loans

Term Loan

A fixed loan amount with a specific repayment tenure for business needs.

Working Capital Loan

Designed to manage everyday operational expenses of the business.

Equipment Financing

Loans for purchasing or upgrading machinery and equipment.

Invoice Financing

Advances provided against pending invoices to improve cash flow.

Overdraft Facility

A flexible credit facility to withdraw funds as per business requirements.

Business Line of Credit

A revolving credit line to meet short-term working capital needs.

Additional Details

1. High Loan Amount: Get funding up to ₹5 Crores based on your business requirements.
2. Tax Benefits: Enjoy tax benefits on interest paid under the Income Tax Act.
3. Minimal Documentation: Apply with simple paperwork for faster processing.
4. No Hidden Charges: Transparent processing with no unexpected fees.
5. Flexible Tenure: Repay the loan conveniently over a tenure of up to 7 years.
6. Top-Up Loan Facility: Get additional funds on an existing business loan without hassle.
7. Customized Solutions: Tailored loan products to meet your specific business needs.

Documents Required

• KYC Documents
  • PAN Card of applicant and business
  • Aadhar Card, Passport, or Voter ID
• Business Proof
  • Certificate of Incorporation or Business Registration
  • GST Registration Certificate
• Financial Statements
  • Profit and Loss Statements
  • Balance Sheets for the last 2 years
• Bank Statements
  • Last 6 months' business bank account statements
• Income Tax Returns
  • ITR filings for the last 2 years