How to apply for a business loan
Frequently asked questions
You can get a business loan of up to Rs. 55 lakh by meeting our simple eligibility parameters.
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
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.
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.