Financial Strength for Your Business Growth

Running a business requires constant financial support – whether it is for working capital, purchasing new equipment, expanding your operations, or managing day-to-day expenses. A Business Loan from us ensures you have the funds you need, exactly when you need them.

At our company, we make the loan application process as smooth as possible so you can focus on what matters – growing your business.

Features of a Business Loan

• Collateral-Free Loans: These unsecured loans are offered without collateral or security. However, the bank checks your credit score, age, and income history before sanctioning the loan.
• Competitive Interest Rate: Interest rates on business loans are typically in the range of 14 – 24% per annum, depending on your profile and the lender.
• Flexible Repayment Tenure: Business loans come with flexible repayment tenures, making them an attractive funding option for business owners.
• High Loan Amount: You can avail of a business loan of up to ₹1.5 Crore, subject to a good credit score and a steady income source.
• Minimal Paperwork: You can apply online with minimum documentation – documents can be uploaded and submitted digitally.
• Fast Processing: Once documents are submitted, banks verify and approve the loan quickly with a fast turnaround time.

Who Can Avail of a Business Loan?

• Individuals & Startup Enterprises
• Retailers, Artisans, and Traders
• MSMEs (Micro, Small & Medium Enterprises)
• Private and Public Limited Companies
• NGOs, Co-operative Societies, and Trusts
• Self-Employed Professionals (Doctors, CAs, Architects, Designers, etc.)

Eligibility Criteria

• Applicant must be between 21 to 70 years of age
• Business must have been operational for at least 1 year
• Annual business turnover of ₹50 Lakhs or more
• Minimum profit of ₹2 Lakhs
• Last 3 years of Income Tax Returns (ITR) must be available

What Can You Use a Business Loan For?

• Working capital requirements
• Purchasing machinery or equipment
• Business expansion and new branch setup
• Inventory and stock purchases
• Paying employees and vendors
• Meeting government or tax obligations

Documents Required

• Identity Proof: Aadhar Card, PAN Card, Passport or Driver’s Licence
• Address Proof (Personal & Business)
• Business registration proof (GST, Shop Act, etc.)
• Balance Sheet and Profit & Loss Statement
• Last 3 years ITR
• Last 6 months bank statements
• Proof of ownership of business