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बिज़नेस लोन — Lowest Rates, Fastest Approval
Interest Rate
10.5% – 13% p.a.
Loan Amount
₹1 L – ₹10 Cr
Tenure
1 – 7 Years
Expert comparison. Zero cost. 2-hour callback.
Compare 30+ lenders to find the absolute lowest rate for your profile.
Get in-principle approval in as little as 4 hours after document submission.
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Live Rates
Click column headers to sort. Rates as of April 2026.
| Bank / NBFC | Interest Rate | Processing Fee | Max Amount | Max Tenure | Action |
|---|---|---|---|---|---|
| HDFC Bank | 10.60% – 18.5% | 0.5%–1% | ₹10 Cr | 7 Yr | Apply Now |
| ICICI Bank | 10.85% – 16% | 0.5%–1% | ₹10 Cr | 7 Yr | Apply Now |
| IDFC First Bank | 11.50% – 20% | 0.5%–1% | ₹10 Cr | 7 Yr | Apply Now |
| Bajaj Finserv | 12.00% – 22% | 0.5%–1% | ₹10 Cr | 7 Yr | Apply Now |
| Tata Capital | 12.50% – 20% | 0.5%–1% | ₹10 Cr | 7 Yr | Apply Now |
* Rates are indicative. Final rate depends on your profile, CIBIL score, and lender policy.
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EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1) | P = principal, r = monthly rate, n = months
Monthly EMI
per month for 5 years
Payment Breakdown
Check if you qualify for a Business Loan before applying.
Tell us your business type and loan requirement. Takes 60 seconds.
We analyse your business profile and match you with the best lender from 30+ options.
Our advisor helps with all documentation — we handle the entire application process.
Loan disbursed to your current account, typically within 3–7 business days.
Yes! Collateral-free business loans (also called unsecured business loans) are available up to ₹50 lakh from most banks and up to ₹1 crore from select NBFCs. They are based on business revenue, profitability, and credit score. HDFC Bank, ICICI Bank, and Bajaj Finserv offer strong unsecured business loan products.
Requirements vary by lender. Banks typically require an annual turnover of ₹40 lakh–₹1 crore. NBFCs can be more flexible, starting from ₹10–20 lakh turnover. MSME-registered businesses often get preferential treatment under priority sector lending.
GST registration is not always mandatory but is preferred by lenders. Businesses registered under GST demonstrate formal business activity. GST returns serve as income proof for lenders and help in approving higher loan amounts at better rates.
For unsecured business loans with complete documentation, in-principle approval can come in 24–48 hours. Full disbursal typically takes 3–7 business days. Some fintech-backed products can disburse within 24 hours for pre-approved business accounts.
Most traditional lenders require 2–3 years of business vintage. However, startups can explore: (1) Mudra loans under PMMY scheme for businesses up to 1 year old, (2) CGTMSE guarantee-backed loans, (3) specialized NBFC products. Contact ProperPaisa — we'll identify your best options.
A term loan gives you a fixed lump sum repaid in EMIs over a fixed period — ideal for specific investments like equipment or property. An overdraft (OD) gives you a credit limit you draw from as needed, paying interest only on the amount used — ideal for working capital management.
A CIBIL score below 700 is challenging but not impossible. Options include: (1) NBFC lenders with more flexible criteria, (2) secured loans (property as collateral), (3) MUDRA loans under government schemes. Improving your score before applying is the best strategy — we can guide you.
Business loan interest is fully tax-deductible as a business expense under income tax rules. This reduces your net cost of borrowing significantly. The principal repayment, however, is not directly deductible, though assets purchased with the loan may be eligible for depreciation benefits.
“Needed working capital urgently. ProperPaisa got me ₹40 lakh within a week at 11.5% — my bank was quoting 13.5%. That 2% difference saves me ₹3+ lakh over the tenure.”
Suresh Agarwal
Bahadurgarh, Haryana
Loan amount
₹40,00,000
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