Business Loan
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Business Loan
Fuel your business growth with our flexible business loan solutions designed for entrepreneurs, startups, and established enterprises. Whether you need working capital, want to expand operations, purchase equipment, or meet any other business requirement, we offer customized financing options with loan amounts ranging from ₹1 lakh to ₹5 crores. Our quick approval process and minimal documentation help you access funds when you need them most, with competitive interest rates starting at 10.50% p.a.
Why Choose Our Business Loan?
Our business loans come with flexible repayment tenures up to 5 years, no collateral requirements for loans up to ₹30 lakhs, and quick disbursal within 72 hours of approval. We offer specialized loan products for different business needs including working capital loans, machinery loans, franchise financing, and dealer financing. Enjoy benefits like overdraft facilities, top-up loans, and flexible EMI options. Our relationship managers provide dedicated support to help you choose the right product for your business requirements.
- Loan amounts from ₹1 lakh to ₹5 crores based on business needs
- Flexible repayment tenure up to 5 years
- Competitive interest rates starting at 10.50% p.a.
- Special schemes for women entrepreneurs and startups
We understand that every business has unique financial needs. That's why we offer customized solutions for different industries including retail, manufacturing, services, healthcare, and more. Our digital application process makes it easy to apply with minimal paperwork. We consider various factors beyond just credit score, including business vintage, cash flow, and growth potential. Special benefits are available for existing customers with good repayment history, including preferential rates and faster processing.
Frequently Asked Questions
What are the eligibility criteria for a business loan?
Businesses should be operational for at least 3 years with a minimum annual turnover of ₹10 lakhs. Proprietors/partners/directors should be between 21-65 years old. The business should be profit-making for at least the last 2 years. Additional criteria may apply based on loan amount and business type.
What documents are required for business loan application?
Key documents include KYC of promoters, business proof (GST, trade license), financial statements (P&L, balance sheets), bank statements for last 6-12 months, income tax returns for last 2-3 years, and business ownership proof. Additional documents may be required based on loan amount and business type.
How quickly can I get funds after approval?
For complete applications with all required documents, disbursal typically happens within 2-3 working days after approval. In some cases with pre-approved offers or for existing customers, funds can be disbursed within 24 hours. The timeline depends on document verification and completion of formalities.
