LOAN PRODUCT 03
Business Loan
HDFC Bank and Kotak Mahindra provide collateral-free business loans starting at 10.50%. Approval comes through in 48–72 hours for businesses with at least 2 years of operating history and an annual turnover of ₹40 Lakhs or more.
Interest RateFrom 10.50% p.a.
Max AmountUp to ₹1 Cr
Apply for Business Loan
Collateral-free working capital funding.
Check Eligibility GST based evaluationBusiness Loan EMI Calculator
₹15,00,000
5 Yrs
10.5%
Monthly EMI₹32,241
Total Interest₹4,34,451
Total Payable₹19,34,451
Top Business Loan Lenders
| Bank | Rate | Processing Fee | Tenure |
|---|---|---|---|
| HDFC Bank | 10.50% - 14.50% | 1.50% - 2.50% | 5 Yrs |
| Kotak Mahindra | 11.00% - 15.00% | 1.00% - 2.00% | 5 Yrs |
| Bajaj Finserv | 11.50% - 16.00% | 2.00% | 5 Yrs |
Eligibility Criteria
- Business Vintage: Minimum 2 to 3 years operational history
- Annual Turnover: Minimum ₹40 Lakhs with profitable balance sheet
- Clean banking transactions (no frequent cheque returns)
- CIBIL Score: 700+
Required Documents
- GST Registration Certificate & 12 Months GSTR-3B
- Last 12 Months Current Account Statement
- 2-3 Years Audited Financials & CA certified Balance Sheet
- Business PAN & Incorporation Certificate