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Business Loan

10% p.a. ₹50,000 - ₹10,000,000 | 1 - 7 Years

Important Business Loan Information

Please review the loan terms, repayment period and representative cost before applying.

Loan Amount

₹50,000 – ₹10,000,000

Subject to lender eligibility and approval.

Maximum Annual Percentage Rate (APR)

Up to 10% APR

Actual APR may vary based on the lending partner and applicant profile.

Repayment Period

1 – 7 Years

Final tenure depends on lender approval and eligibility.

Processing Fee

₹0 Platform Fee

Any lender charges, if applicable, are disclosed before acceptance.

Representative Example

The following is a representative illustration based on the loan terms displayed on this page.

Loan Amount

₹50,000

Annual Percentage Rate (APR)

10.00%

Repayment Period

1 Year

Estimated Monthly Payment

₹4,395.79

Total Interest

₹2,749.53

Processing Fee

₹0.00

Total Cost of Representative Loan

₹52,749.53

This representative example is illustrative. Actual APR, EMI, tenure, fees and total repayment may vary according to the lending partner's assessment and the applicant's eligibility.

Important Disclaimer

Business Loan applications are subject to the lending partner's eligibility, verification, credit assessment and approval process. LoanWala facilitates loan enquiries and does not guarantee approval or disbursement. Final loan amount, APR, repayment period, EMI, fees and other applicable terms are determined by the respective lending partner and are disclosed before acceptance of the loan.

About This Loan

Fuel your business growth with our Business Loan. From working capital to expansion, purchasing equipment to hiring staff — we finance every business need at a flat 10% rate.

Key Features

Loan up to ₹10 Lakh for business needs
Both secured and unsecured options
Working capital or term loan flexibility
GST-based quick approval available
No collateral for loans up to ₹5 Lakh
Disbursement within 48 hours
Quarterly repayment option available
Dedicated relationship manager

Eligibility Criteria

Age: 22 to 65 years
Business vintage: Minimum 2 years
Annual turnover: Minimum ₹10 Lakh
GST Registration preferred
CIBIL Score: 700+ for best terms
ITR filing for last 2 years
Current account with any bank (6+ months old)

Required Documents

1 Aadhaar & PAN of proprietor/partners/directors
2 Business Registration Certificate / GST
3 ITR for last 2 years with P&L
4 Bank Statement (last 12 months, business account)
5 Office Address Proof
6 Partnership Deed / MOA & AOA (if applicable)
7 Current Year Sales/Revenue Proof
8 Photograph of all applicants

What Can You Use It For?

Working CapitalBusiness ExpansionPurchase EquipmentHiring StaffInventory FinancingMarketing & AdvertisingOffice SetupTechnology Upgradation

Calculate Your EMI

Your Monthly EMI

₹4,249

Loan Amount ₹2,00,000
₹50,000 ₹10,000,000
Tenure 1 Years
1 Yr 7 Yr
Total Interest ₹54,960
Total Payment ₹2,54,960
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Quick Info

Interest Rate 10% p.a.
Processing Fee ₹0 (Nil)
Prepayment Penalty None
Approval Time 24 Hours
Collateral Not Required

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