How to apply for Business Loan

Follow these simple steps to get our business loan.

APPLY

Business loan application process

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Step-by-step guide to applying for a business loan

  1. Click on the ‘APPLY' button on this page.
  2. Enter your 10-digit mobile number and OTP.
  3. Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code.
  4. Once you enter all your details, please click on ‘PROCEED’ to visit the loan selection page.
  5. Enter the loan amount that you need. Choose from our three business loan variants –Term, Flexi Term, and Flexi Hybrid.
  6. Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
  7. Complete your KYC and submit your business loan application.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account upon verification of your documents.

Frequently asked questions

What is the maximum business loan amount that you can get?

You can get a business loan of up to Rs. 50 lakh by meeting our simple eligibility parameters.

What documents are required to get a Business Loan?

You will need documents such as:

  • KYC documents such as PAN, Aadhaar, driving license, voter’s ID, or a passport
  • Proof of business ownership
  • Bank account details
Can I apply for a business loan if I already have an existing loan?

You can apply for a business loan even if you have an existing loan. Please note that your loan repayment capacity will be analysed before approval.

What is the Flexi Term Loan?

Flexi Term Loan is a unique variant of our business loan that provides you with an assigned loan limit. You can withdraw or pay a part of your loan as and when you need it.

The main benefit of this variant is that you are charged interest only on the amount that you withdraw. And there is no part-prepayment charge applicable.

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