Avail a Business Loan up to Rs. 1 Crore if you are a new entrepreneur in need of capital to fund your working capital requirements.
In most circumstances, no security or guarantee is required to obtain company loans, albeit a thorough examination of the documents is required to confirm this.
The applicant must be between the ages of 21 and 65. A minimum annual income (ITR) of Rs. 2 lakhs is required for the firm
The credit score range for business loans is generally 750.
Yes, all practising professionals are eligible for business loans.
You can apply for the business loan for any of the following purposes:
• Small business finance
• Home renovation
• Working Capital finance
• Child’s education, etc.
• Business expansion finance
Business credit is offered with swift approvals, and most banks provide candidates with the convenience of obtaining a business advance qualification in a matter of seconds. This office can be accessed through the internet or at any of the bank's locations.
No, is not needed to give any close-to-home data to work out your EMI. The EMI mini-computer requires the advance sum that means to apply, the residency of loan, and financing cost.
For start-up business loans, a borrower might choose to take out a loan without guaranteeing any assets.
|Bank Name||Rate of Interest||Processing Fees||Loan Amount||Tenure Range|
|Bank of Baroda||8.15% - 9.50%||NIL||Rs. 10cr Max||1-30 Years|
|Bank of Baroda Maharashtra||8.35% - 9.50%||NIL||Rs. 10cr Max||1-30 Years|
|UCO Bank||8.05% - 9.10%||NIL||Rs. 5cr Max||1-30 Years|
|SBI Bank||8.5% - 9.30%||NIL||Rs. 10cr Max||1-30 Years|
|Andhra Bank||8.25% - 9.50%||0.35% + GST||Rs. 8cr Max||1-30 Years|
|IDBI Bank||8.35% - 9.25%||NIL||Rs. 8cr Max||1-30 Years|
|HDFC Bank||8.15% - 9.90%||0.50% + GST||Rs. 10cr Max||1-30 Years|
|ICICI Bank||9.00% - 10.50%||0.50% + GST||Rs. 10cr Max||1-30 Years|
|Equitas Bank||10.50% - 12.50%||1% + GST||Rs. 25 Max||1-20 Years|
|LIC HFL||8.90% - 9.25%||Rs. 5900/-||Rs. 10cr Max||1-25 Years|
|TATA Capital||8.10% - 9.15%||Rs. 5900/-||Rs.5cr Max||1-30 Years|
|Gruh Finance||8.35% - 11.00%||0.50% + GST||Rs.2cr Max||1-30 Years|
|OC HFL||8.85% - 9.75%||3.50% + GST||Rs.25lac Max||1-20 Years|
|BAJAJ Fineserv||9.20% - 12.50%||1.50% + GST||Rs. 75lac Max||1-20 Years|
|ASPIRE Home Finance||12.50% - 14.50%||2.50% + GST||Rs. 25lac Max||1-20 Years|
|Shubham Finance Company||12.50% - 16.50%||2.50% + GST||Rs. 25lac Max||1-25 Years|
|Mahindra Home Finance||10.50% - 15.50%||3.50% + GST||Rs. 25lac Max||1-25 Years|
|Aadhar housing finance||10.80% - 13.75%||3.50% + GST||Rs. 25lac Max||1-25 Years|
|Financial Services Ltd||12.50% - 16.50%||3.50% + GST||Rs. 20lac Max||1-20 Years|
|Shriram housing finance||10.50% - 12.50%||2.50% + GST||Rs.5cr Max||1-30 Years|
|AXIS Bank||8.40% - 9.15%||1.50% + GST||Rs.5cr Max||1-30 Years|
|C-NTRUM Home Loans||11.50% - 14.50||1% + GST||Rs.40cr Max||1-20 Years|
|HindusInd Bank||8.70% - 9.15%||2.50% + GST||Rs.2cr Max||1-30 Years|
|pnb Housing||8.85% - 11.75%||0.50% + GST||Rs.5cr Max||1-30 Years|
|CanFin Homes||8.85% - 10.75%||1% + GST||Rs.5cr Max||1-30 Years|
|EdelWeiss||8.70% - 9.95%||1.50% + GST||Rs.1cr Max||1-25 Years|
|L&T Finance Home Loan||8.70% - 9.15%||2.50% + GST||Rs.251cr Max||1-25 Years|
|RELIGARE||8.80% - 9.45%||2.50% + GST||Rs.501cr Max||1-25 Years|