Business Loan Benefits

• Business Expansion: Fund infrastructure development, launch new products, or open new branches.
• Inventory Purchase: Maintain sufficient stock and improve business turnover.
• Equipment Purchase: Buy new machines or upgrade existing ones for improved efficiency.
• Working Capital: Meet short-term operational costs and improve cash flow.

Business Loan Eligibility Criteria

To avail a business loan, you must fulfill these criteria:

• Age between 25 and 65 years
• Business vintage of at least 2 years
• Minimum annual turnover of ₹10 Lakhs
• Valid business registration and documents
• Good credit score (preferably above 700)
• Indian Citizenship

Documents Required for Business Loan

• Business Registration Proof – GST, MSME Certificate
• ID Proof – Aadhaar Card, PAN Card, Voter ID
• Address Proof – Utility Bill, Lease Agreement
• Bank Statements (Last 6–12 months)
• ITR (Past 2–3 years)
• Balance Sheet and P&L Statement (CA Certified)
• Photographs – Passport-size photos
• Partnership deed/MOA/AOA for companies

EMI Calculator for Business Loan

Use our EMI calculator to know your estimated monthly repayments before applying. Plan finances and compare different tenure options easily.

Fees and Charges

Business loan charges may vary by case. Below is a standard overview:

Other charges may include document handling, statement requests, NOC issuance, and more depending on the lender’s terms.