Business Loan

An unsecured business loan is a loan that does not require you to pledge collateral such as property or gold. The lending decision is based on your business profile, cash flows and creditworthiness.

Proprietorships, partnership firms, LLPs, private limited companies and self-employed individuals with an operating business can apply. Final eligibility depends on factors such as business vintage, turnover, banking behaviour and credit history, as per our credit assessment and lending policy.

Typically, you may need PAN of the business and promoters, KYC documents, business registration proof, GST details where applicable, recent bank statements and financial documents such as income tax returns. The exact list depends on your profile and our assessment — our team will share it with you.

Submit the enquiry form online or call us. Our team contacts you to understand your requirement and shares the list of documents needed. Your application is then assessed, and on approval and completion of documentation, the loan amount is disbursed to your bank account.

A business loan can be used for genuine business purposes such as working capital, business expansion, inventory purchase, equipment and machinery, operational expenses and new growth opportunities. The funds must be used for the purpose stated in your application.

The interest rate depends on factors such as your business profile, credit history, loan amount, tenure and our credit assessment. The applicable interest rate, fees and charges are communicated clearly in your sanction letter before you accept the loan.

We consider your business vintage and stability, turnover and cash flows, banking behaviour, credit history, existing obligations and KYC documents. A good credit score is important, as it demonstrates your financial reliability.

EMI (Equated Monthly Instalment) is the fixed amount you repay every month until the loan is closed. Each EMI includes a portion of the principal and the interest. In the early months, a larger share of the EMI goes towards interest.

Yes. Use our EMI calculator to estimate your monthly instalment, total interest and total repayment by adjusting the loan amount, interest rate and tenure. The results are indicative; actual terms depend on your eligibility and assessment.

Yes. A good credit score demonstrates your financial reliability and helps in the assessment of your application. We may still consider your overall business profile, cash flows and documents.