Business Loans that are

tailored to your business needs

Starting at 17% p.a.




Banks and NBFC Network




Loans Disbursed Annually

Loan Amount

10K 2CR

Interest Rate

5% 17%

Tenure (Years)

1YR 10YR
Equated Monthly Installment (EMI)
Business Loan EMI Calculator

Principal Amount


Monthly EMI

Total interest payable

Total amount payable

Business Loan Rates

The following is a comparison of loan feature of banks across key categories

11.00% onwards

Interest Rate

Upto 2%

Processing Fees

Rs. 2,174/Lakh


12% onwards

Interest Rate

Upto 2.00%

Processing Fees

Rs. 2,144/Lakh


10.75% onwards

Interest Rate

0.25% to 1.50%

Processing Fees

Rs. 2,162/Lakh


YJEO5fQS Kotak
10.99% onwards

Interest Rate

Upto 2.50%

Processing Fees

Rs. 2,149/Lakh


6LoxRa52 Idfc
10.49% onwards

Interest Rate

Upto 1.50%

Processing Fees

Rs. 2,162/Lakh


**The above figures are subject to change and GST may be applicable.

82aW4zB0 Icici 1

8.10% onwards

Interest Rate

Up to 1%

Processing Fees

Rs. 672/Lakh


MBv2CAzv Kotak 1

7.99% onwards

Interest Rate

Up to 2.0%

Processing Fees

Rs. 672/Lakh


V6QDUq8G Idfc 1

7.95% onwards

Interest Rate

Upto 1%

Processing Fees

Rs. 672/Lakh


**The above figures are subject to change and GST may be applicable.

Business Loan Details

  • What is a Business Loan?
  • Eligibility Factors
  • Documents Required
  • How To Apply
  • Loan Verification Process
  • Rate of Interest
  • Other Details
Businesses need funds to meet their day-to-day expenses such as paying utility bills, buying machinery, setting up equipment, upgrading inventory, employee salaries, expansion, etc.
A business loan can be availed to meet such working capital needs without having to disturb your personal finances. They are unsecured loans that have a quick turnaround time and need minimum to no paperwork.


Anyone who’s running a business, from Startups to MSMEs to artists to traders to manufacturers to NGOs and more, can apply for a business loan. However, the criteria for eligibility can vary from one applicant to another.


  • 21 - 65 years.

Credit Score:

  • 750 and above with no past defaults.


  • Indian Citizen with a valid bank account and no criminal records.


  • All/ any of the Eligibility Factors listed above are subject to change on a case by case basis, left to the discretion of the bank/NBFC you are applying for a business loan from.
The actual list of documents varies from one bank/NBFC/HFC to another. That said, here’s a checklist of the most common documents that are expected from all of them.

Proof of Identity:

  • PAN Card / Voter ID / Aadhaar Card / Passport / Driving License

Proof of Address:

  • Aadhaar Card / Lease Documents / Property Purchase Agreement / Utility Bill / Passport / Driving License

Proof of Income:

  • For Salaried Professionals: Salary Slip / Bank Account Statement / Form 16

  • For Self Employed Individuals: ITR / P&L Statement and Balance Sheet / Bank Account Statement

Proof of Business:

  • Certificate of Practice / Partnership Deed / GST Registration and Filing Documents / MOA & AOA / Shop Act License not only gives you the best deals on business loans, but also makes applying for one easy and hassle free.

  • Fill up your personal details such as occupation, city, phone number, etc. Then, click Proceed.

  • Browse through the various offers on business loans and select the one that’s best suited to your needs.

  • Fill out any additional details that may be required.

  • Your selected lender will send you an instant e-approval. Following which, a representative from your selected lender will get in touch with you to guide you through the documentation process.
A business loan is an unsecured loan that can be availed to meet a business’s working capital needs. The business loan verification process involves all but 5 tiny steps.

  • Start by selecting a Bank/NBFC that’s providing you with a business loan that’s best-suited to your needs.

  • Submit an online application for a business loan on Your application will be transferred by us to your preferred lender.

  • As soon as your documents are collected and successfully verified, your business loan application will be approved by the said lender.

  • Sign the loan agreement and the requested amount will be disbursed to your account.
Different banks/NBFCs offer different kinds of business loans at varying interest rates, starting as low as 15%. Other factors such as your Credit Score, tenure of the loan, total amount, etc also factor in to determine the final interest rate.
Check the list below to know the current rate of interest on business loans, offered by some of India’s leading banks and NBFCs.
Business loans have a processing fee that varies from 0-4% of the loan amount, depending on the total amount of loan requested.

What your business needs from you is a vision. For everything else, there’s a Business Loan.

Starting at 17% p.a.

Frequently Asked Questions

What are the different types of Business Loans?

A manufacturer’s needs are not the same as that of a trader’s. Neither are those of a retailer’s to that of an MSME. Therefore, multiple Banks/NBFCs provide different kinds of Business Loans... Know More

What are the Business loan schemes initiated by the Government of India?

Stand Up India: Introduced by the Government of India, Stand Up India is a scheme to promote Women Entrepreneurs and those belonging to the SC/ST category. Under this scheme, the government... Know More

What is the maximum age of availing a Business Loan?

60 years... Know More

What is the impact of GST on Business Loan?

The higher the value of the GST paid, the larger the volume of the business. Therefore, it becomes an easy metric for banks/NBFCs to determine the reliability of businesses looking to borrow... Know More

What is the maximum amount of Business Loan one can avail?

Banks/NBFCs generally cap the maximum amount of Business Loans at Rs. 1 crore. This limit is however subject to change on a case by case basis... Know More