Business Loan

This is our major offering and we provide loan for upto 5 years, at lower EMI, for your business needs. We enable loans through easy and simple documentation, much of our process is automated and we make sure that there are speedy approvals.


Features:
  • Collateral: No collateral Required
  • Tenure: Up to 5 years
  • Benefits: Attractive interest rates, loan transfer from other institutions with top up facility, faster processing, digitized processing
  • FastestApproval: Our loan approval time is fastest, takes around 2 working days for approval and 1 working day for disbursement after all the requirements are completed
  • No Hidden Costs: We only take a one-time processing fee of 2 - 8% based on your loan amount and that’s all. This allows you to retain more of the principal amount for business growth

Sample Business Loan Calculation

Loan Amount ₹ 50,000 Interest Rate (p.a) 24% Loan Term 12 Months Monthly EMI ₹ 4,728 Processing Fees 2%
*The values shown are for representation purposes only. Actual values may differ.

Fees & Interest Rates

Interest Rates 1 to 4% per month
Processing Fees 2% - 8% (depending upon loan amount) (One time)
Loan Tenure up to 60 months
Pre-closure Charges 4% of the outstanding principal amount
Eligibility Criteria 1 year of business establishment or 1 year of employment in current organization
Loan Amount ₹ 10,000 – ₹ 5,00,000
Installments Flexible Monthly / Bi-weekly