Business Loan (बिज़नेस लोन)
Fund your business growth with loans from ₹1L to ₹2Cr
Eligibility by Business Type
Select your business structure to see criteria and required documents.
| Type | Min Turnover | Min Vintage | Rate |
|---|---|---|---|
| Proprietorship | ₹10L/yr | 1 year | 14% – 18% |
| Partnership | ₹20L/yr | 2 years | 13% – 17% |
| Pvt Ltd | ₹30L/yr | 2 years | 12% – 16% |
| Startup | Not required | 6 months | 15% – 20% |
Documents needed for Proprietorship
Frequently Asked Questions
What are the eligibility criteria for a business loan?
Eligibility depends on your business structure. Lenders generally look at annual turnover, business vintage (how long you've been operating), the promoter's/directors' CIBIL score (700+ preferred), and ITR filing history. A proprietorship typically needs ₹10L+ annual turnover and 1 year vintage; a Pvt Ltd company needs ₹30L+ turnover and 2 years vintage. See the table below for exact criteria by type.
How much business loan can I get?
Business loans in India typically range from ₹1 lakh to ₹2 crore, depending on your turnover, profitability, and existing liabilities. Lenders usually offer 2x to 4x your average monthly turnover for unsecured working capital loans, or up to 85% of asset value for secured loans against property or equipment.
Which documents are needed for a business loan?
Common documents across all business types include: PAN and Aadhaar of the proprietor/partners/directors, GST registration, last 2 years' ITR with financial statements, last 12 months' bank statements, and business registration proof (Udyam/MSME or Certificate of Incorporation). Exact requirements vary by business structure — see the checklist below.
What is the interest rate for business loans in 2026?
Business loan interest rates in India currently range from 11.95% (secured loans from banks like SBI) to 22%+ (unsecured loans from NBFCs for newer businesses). Established Pvt Ltd companies with strong financials get the lowest rates, typically 12-16% p.a., while newer proprietorships and startups pay 15-20% p.a.
Can startups get a business loan without turnover?
Yes — several NBFCs and government-backed schemes (like MUDRA loans for micro-enterprises up to ₹10L) lend to early-stage businesses with limited or no turnover history, based on the founder's credit profile, business plan, and DPIIT startup recognition where applicable. Rates are typically higher (15-20%) to offset the added risk.
Apply for Business Loan in your city
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Showing 114 cities
Ahmedabad
Gujarat
Avg Loan
₹11.00 L
Rate
12.8%
Approval
64%
Bangalore
Karnataka
Avg Loan
₹17.00 L
Rate
12.8%
Approval
62%
Hyderabad
Telangana
Avg Loan
₹14.00 L
Rate
13%
Approval
60%
Kochi
Kerala
Avg Loan
₹10.00 L
Rate
13.8%
Approval
60%
Chandigarh
Chandigarh
Avg Loan
₹12.00 L
Rate
13.5%
Approval
60%
Mangalore
Karnataka
Avg Loan
₹9.00 L
Rate
13.8%
Approval
60%
Pune
Maharashtra
Avg Loan
₹13.00 L
Rate
13.5%
Approval
59%
Indore
Madhya Pradesh
Avg Loan
₹8.50 L
Rate
14.5%
Approval
59%
Coimbatore
Tamil Nadu
Avg Loan
₹8.50 L
Rate
14%
Approval
59%
Ludhiana
Punjab
Avg Loan
₹10.00 L
Rate
14%
Approval
59%
Jaipur
Rajasthan
Avg Loan
₹8.50 L
Rate
14.5%
Approval
58%
Thiruvananthapuram
Kerala
Avg Loan
₹8.00 L
Rate
14.2%
Approval
58%
Mysuru
Karnataka
Avg Loan
₹9.00 L
Rate
14%
Approval
58%
Navi Mumbai
Maharashtra
Avg Loan
₹16.00 L
Rate
13%
Approval
58%
Surat
Gujarat
Avg Loan
₹11.00 L
Rate
14%
Approval
58%
Thrissur
Kerala
Avg Loan
₹9.00 L
Rate
13.6%
Approval
58%
Gurgaon
Haryana
Avg Loan
₹20.00 L
Rate
13%
Approval
57%
Dehradun
Uttarakhand
Avg Loan
₹9.00 L
Rate
14.2%
Approval
57%
Vadodara
Gujarat
Avg Loan
₹9.20 L
Rate
14.2%
Approval
57%
Kozhikode
Kerala
Avg Loan
₹8.50 L
Rate
13.8%
Approval
57%
Kollam
Kerala
Avg Loan
₹8.20 L
Rate
13.8%
Approval
57%
Panaji
Goa
Avg Loan
₹9.50 L
Rate
13.6%
Approval
57%
Puducherry
Puducherry
Avg Loan
₹7.80 L
Rate
13.8%
Approval
57%
Chennai
Tamil Nadu
Avg Loan
₹13.00 L
Rate
13.2%
Approval
56%
Nagpur
Maharashtra
Avg Loan
₹7.50 L
Rate
14.8%
Approval
56%
Madurai
Tamil Nadu
Avg Loan
₹8.00 L
Rate
14.5%
Approval
56%
Thane
Maharashtra
Avg Loan
₹15.00 L
Rate
13.2%
Approval
56%
Jamnagar
Gujarat
Avg Loan
₹8.00 L
Rate
14.2%
Approval
56%
Erode
Tamil Nadu
Avg Loan
₹7.00 L
Rate
14.3%
Approval
56%
Jalandhar
Punjab
Avg Loan
₹8.20 L
Rate
14.3%
Approval
56%
Margao
Goa
Avg Loan
₹8.80 L
Rate
13.7%
Approval
56%
Noida
Uttar Pradesh
Avg Loan
₹14.00 L
Rate
13.2%
Approval
55%
Bhopal
Madhya Pradesh
Avg Loan
₹7.00 L
Rate
15%
Approval
55%
Vijayawada
Andhra Pradesh
Avg Loan
₹8.00 L
Rate
14.5%
Approval
55%
Jodhpur
Rajasthan
Avg Loan
₹7.00 L
Rate
15%
Approval
55%
Amritsar
Punjab
Avg Loan
₹8.50 L
Rate
14.5%
Approval
55%
Hubli-Dharwad
Karnataka
Avg Loan
₹7.00 L
Rate
14.8%
Approval
55%
Tiruchirappalli
Tamil Nadu
Avg Loan
₹7.50 L
Rate
14.8%
Approval
55%
Rajkot
Gujarat
Avg Loan
₹8.50 L
Rate
14.5%
Approval
55%
Tirunelveli
Tamil Nadu
Avg Loan
₹6.70 L
Rate
14.5%
Approval
55%
Vellore
Tamil Nadu
Avg Loan
₹6.60 L
Rate
14.5%
Approval
55%
Palakkad
Kerala
Avg Loan
₹7.50 L
Rate
14%
Approval
55%
Tirupati
Andhra Pradesh
Avg Loan
₹7.80 L
Rate
14.2%
Approval
55%
Patiala
Punjab
Avg Loan
₹7.90 L
Rate
14.4%
Approval
55%
Mumbai
Maharashtra
Avg Loan
₹18.00 L
Rate
13%
Approval
54%
Bhubaneswar
Odisha
Avg Loan
₹7.50 L
Rate
15%
Approval
54%
Faridabad
Haryana
Avg Loan
₹9.50 L
Rate
14%
Approval
54%
Salem
Tamil Nadu
Avg Loan
₹7.00 L
Rate
15%
Approval
54%
Guntur
Andhra Pradesh
Avg Loan
₹7.00 L
Rate
15%
Approval
54%
Bhavnagar
Gujarat
Avg Loan
₹7.20 L
Rate
14.4%
Approval
54%
Nashik
Maharashtra
Avg Loan
₹8.50 L
Rate
14.5%
Approval
54%
Thanjavur
Tamil Nadu
Avg Loan
₹6.00 L
Rate
14.5%
Approval
54%
Visakhapatnam
Andhra Pradesh
Avg Loan
₹8.20 L
Rate
14.4%
Approval
54%
Ambala
Haryana
Avg Loan
₹7.60 L
Rate
14.4%
Approval
54%
Lucknow
Uttar Pradesh
Avg Loan
₹7.50 L
Rate
15%
Approval
53%
Raipur
Chhattisgarh
Avg Loan
₹6.50 L
Rate
15.2%
Approval
53%
Kolhapur
Maharashtra
Avg Loan
₹7.40 L
Rate
14.6%
Approval
53%
Belagavi
Karnataka
Avg Loan
₹6.80 L
Rate
14.5%
Approval
53%
Shivamogga
Karnataka
Avg Loan
₹6.40 L
Rate
14.6%
Approval
53%
Tumkur
Karnataka
Avg Loan
₹6.40 L
Rate
14.5%
Approval
53%
Dindigul
Tamil Nadu
Avg Loan
₹5.80 L
Rate
14.6%
Approval
53%
Jamshedpur
Jharkhand
Avg Loan
₹7.00 L
Rate
14.7%
Approval
53%
Panipat
Haryana
Avg Loan
₹7.50 L
Rate
14.5%
Approval
53%
Rohtak
Haryana
Avg Loan
₹7.40 L
Rate
14.5%
Approval
53%
Guwahati
Assam
Avg Loan
₹7.50 L
Rate
15.2%
Approval
52%
Jabalpur
Madhya Pradesh
Avg Loan
₹6.00 L
Rate
15.5%
Approval
52%
Kota
Rajasthan
Avg Loan
₹7.00 L
Rate
14.8%
Approval
52%
Udaipur
Rajasthan
Avg Loan
₹7.00 L
Rate
14.7%
Approval
52%
Aurangabad
Maharashtra
Avg Loan
₹7.80 L
Rate
14.8%
Approval
52%
Warangal
Telangana
Avg Loan
₹6.60 L
Rate
14.8%
Approval
52%
Shimla
Himachal Pradesh
Avg Loan
₹7.50 L
Rate
14.5%
Approval
52%
Delhi
Delhi
Avg Loan
₹16.00 L
Rate
13.2%
Approval
51%
Kolkata
West Bengal
Avg Loan
₹10.00 L
Rate
14%
Approval
51%
Meerut
Uttar Pradesh
Avg Loan
₹7.00 L
Rate
15%
Approval
51%
Nellore
Andhra Pradesh
Avg Loan
₹6.20 L
Rate
14.8%
Approval
51%
Kurnool
Andhra Pradesh
Avg Loan
₹5.90 L
Rate
14.9%
Approval
51%
Durgapur
West Bengal
Avg Loan
₹6.20 L
Rate
14.9%
Approval
51%
Haridwar
Uttarakhand
Avg Loan
₹6.60 L
Rate
14.7%
Approval
51%
Ranchi
Jharkhand
Avg Loan
₹6.00 L
Rate
15.5%
Approval
50%
Gwalior
Madhya Pradesh
Avg Loan
₹6.20 L
Rate
15%
Approval
50%
Solapur
Maharashtra
Avg Loan
₹6.50 L
Rate
15%
Approval
50%
Amravati
Maharashtra
Avg Loan
₹6.30 L
Rate
15%
Approval
50%
Siliguri
West Bengal
Avg Loan
₹6.20 L
Rate
15%
Approval
50%
Cuttack
Odisha
Avg Loan
₹5.80 L
Rate
14.8%
Approval
50%
Rourkela
Odisha
Avg Loan
₹6.00 L
Rate
14.9%
Approval
50%
Bhilai
Chhattisgarh
Avg Loan
₹5.80 L
Rate
15%
Approval
50%
Dharamshala
Himachal Pradesh
Avg Loan
₹6.80 L
Rate
14.8%
Approval
50%
Rishikesh
Uttarakhand
Avg Loan
₹6.30 L
Rate
14.8%
Approval
50%
Varanasi
Uttar Pradesh
Avg Loan
₹6.50 L
Rate
15.5%
Approval
49%
Ajmer
Rajasthan
Avg Loan
₹5.80 L
Rate
15%
Approval
49%
Alwar
Rajasthan
Avg Loan
₹6.00 L
Rate
15%
Approval
49%
Ujjain
Madhya Pradesh
Avg Loan
₹5.80 L
Rate
15.2%
Approval
49%
Asansol
West Bengal
Avg Loan
₹5.50 L
Rate
15.2%
Approval
49%
Patna
Bihar
Avg Loan
₹6.00 L
Rate
15.5%
Approval
48%
Agra
Uttar Pradesh
Avg Loan
₹6.00 L
Rate
15.5%
Approval
48%
Prayagraj
Uttar Pradesh
Avg Loan
₹6.00 L
Rate
15.5%
Approval
48%
Moradabad
Uttar Pradesh
Avg Loan
₹6.00 L
Rate
15.2%
Approval
48%
Mathura
Uttar Pradesh
Avg Loan
₹5.80 L
Rate
15%
Approval
48%
Bardhaman
West Bengal
Avg Loan
₹5.20 L
Rate
15.3%
Approval
48%
Sambalpur
Odisha
Avg Loan
₹5.40 L
Rate
15.1%
Approval
48%
Jammu
Jammu & Kashmir
Avg Loan
₹6.20 L
Rate
14.9%
Approval
48%
Kanpur
Uttar Pradesh
Avg Loan
₹6.00 L
Rate
15.5%
Approval
47%
Aligarh
Uttar Pradesh
Avg Loan
₹5.50 L
Rate
15.5%
Approval
47%
Bareilly
Uttar Pradesh
Avg Loan
₹5.70 L
Rate
15.4%
Approval
47%
Gorakhpur
Uttar Pradesh
Avg Loan
₹5.50 L
Rate
15.5%
Approval
47%
Bikaner
Rajasthan
Avg Loan
₹5.20 L
Rate
15.2%
Approval
47%
Ratlam
Madhya Pradesh
Avg Loan
₹4.90 L
Rate
15.4%
Approval
47%
Srinagar
Jammu & Kashmir
Avg Loan
₹6.50 L
Rate
15%
Approval
47%
Firozabad
Uttar Pradesh
Avg Loan
₹5.50 L
Rate
15.4%
Approval
46%
Silchar
Assam
Avg Loan
₹5.20 L
Rate
15.4%
Approval
46%
Imphal
Manipur
Avg Loan
₹4.70 L
Rate
16%
Approval
44%
Agartala
Tripura
Avg Loan
₹4.50 L
Rate
16%
Approval
44%
Gaya
Bihar
Avg Loan
₹4.50 L
Rate
16.5%
Approval
42%
Muzaffarpur
Bihar
Avg Loan
₹4.30 L
Rate
16.5%
Approval
41%