Business Loan
Interest Rates & Comparison
Fuel your growth with specialized unsecured working capital or business expansion loans. Compare processing costs, interest margins, and check your pre-approved offers online.
- Rates from 10.50% p.a.
- Loans up to ₹50 Lakhs
- Repayments: 1 to 7 Yrs
- No collateral required
- GST & ITR-based assessment
- Working capital limits
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Compare rates from 30+ lenders without affecting your credit score
Compare Business Loan Rates from Top Banks
| Lender | Interest Rate (p.a.) | Processing Fee | Min Monthly Income | Max Tenure |
|---|---|---|---|---|
 | 11.20% - 14.50% | 0.5% - 1.5% | ₹30,000 / month | 7 Years |
 | 10.75% - 22.00% | Up to 2.5% | ₹30,000 / month | 7 Years |
 | 11.00% - 20.00% | 0.99% - 2.5% | ₹30,000 / month | 7 Years |
 | 11.25% - 20.00% | Up to 2.0% | ₹30,000 / month | 7 Years |
 | 10.50% - 15.00% | 0.5% - 1.0% | ₹30,000 / month | 7 Years |
 | 11.50% - 18.00% | Up to 3.0% | ₹30,000 / month | 7 Years |
Business Loan EMI Calculator
Eligibility & Company Verification
Lenders assess your business cashflow stability, profit records, and loan history to evaluate eligibility.
Eligibility Criteria:
- Business Vintage: Minimum 2 to 3 years of active continuous operation.
- Annual Turnover: Minimum ₹15 Lakhs annual turnover.
- Credit Score: Credit score of 720+ or a strong commercial credit ranking.
- Audited Sheets: Profitable operation for the last 2 consecutive years.
Business Documents Checklist:
- Business Registration (GST Certificate, Partnership Deed, etc.).
- Bank statement of main business account for the last 6 months.
- Income Tax Returns (ITR) with Profit & Loss account for the last 2 years.
- Owner's PAN Card and Aadhaar Card.
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Compare rates from 30+ lenders without affecting your credit score
General Borrowing FAQs (IndiaLends)
The debt-to-income (DTI) ratio is the percentage of your monthly income that goes toward paying off existing debts (EMIs). Lenders prefer a DTI ratio below 40% to 50%. A high DTI ratio suggests you might be over-leveraged, which increases risk and can lead to loan rejection even if you have a good credit score.
Lenders look at several key factors: 1) Your credit score and repayment history, 2) Monthly net income and stability of employment, 3) Your age (typically between 21 and 60/65 years), 4) Your debt-to-income ratio, and 5) The type of employer you work for (corporate employees, PSU employees, and government staff are often considered low-risk).
In addition to the interest rate, you should watch out for: 1) Processing fees (usually 0.5% to 3% of the loan amount), 2) Prepayment or foreclosure charges (fees for paying off the loan early), 3) Documentation or stamp duty charges, and 4) Late payment fees or bounce charges in case of missed payments.