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Business Loan

Funding support for expansion and working capital

Business Loan helps in stock purchase, working capital, machinery, office setup, and growth planning. Suitable for small and growing businesses.

services

Key Highlights

  • Working capital support
  • Unsecured options available for eligible profiles
  • Flexible repayment tenure

Eligibility Criteria

  • Age: 21 to 65 years
  • Business active for at least 1 year
  • Minimum monthly turnover around Rs 50,000
  • ITR filing preferred for higher limits
  • No major recent defaults preferred

Required Documents

  • Owner Aadhaar and PAN
  • Bank statement (6 to 12 months)
  • GST/Udyam/Shop Act where applicable
  • ITR for 1 to 2 years for higher limits
  • Business address proof

Interest, Charges and Limits

  • Loan amount: Rs 1,00,000 to Rs 50,00,000
  • Interest rate: 12% to 28%
  • Tenure: 12 to 48 months
  • Processing fee: 1% to 3%

How the Process Works

  • Share business profile and requirement
  • Upload KYC and financial documents
  • Turnover and repayment analysis
  • Get lender offer and approve
  • Funds transferred to bank account

Pick loan amount based on actual business cash flow, not only eligibility limit.

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