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HDFC Bank Personal Loan   HDFC Bank
Best Rate 10.99 % - 21.25 %
Eligibility (In Lacs) 10.00l
EMI (In Lacs) 12200
Processing Fees 999
Loan Tenure 5
HDFC Bank Personal Loan   HDFC Bank
Best Rate 10.99 % - 21.25 %
Eligibility (In Lacs) 10.00l
EMI (In Lacs) 12200
Processing Fees 999
Loan Tenure 5
HDFC Bank Personal Loan   HDFC Bank
Best Rate 10.99 % - 21.25 %
Eligibility (In Lacs) 10.00l
EMI (In Lacs) 12200
Processing Fees 999
Loan Tenure 5

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Dear Ravi

Thank you applying with Loan4Bank

We are Pleased to inform that you eligible for loan amount 10.00l

Bank Name Eligibility Rates of Interest EMI PF Tenure
SBI
₹ 10.00L
10.99 % - 21.25 %
₹ 2174
₹ 999
5 years

Our Representative contact as soon as possible

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Compare Business Loan Offers

Bank Name Rates of Interest Processing Fees Loan Term Lowest EMI Other Benefits Apply
HDFC Bank Personal Loan
10.99 % - 21.25 %
₹ 999
5 years
₹ 2174
Free doorstep service
Dedicated Relationship Manager
HDFC Bank Personal Loan
10.99 % - 21.25 %
₹ 999
5 years
₹ 2174
Free doorstep service
Dedicated Relationship Manager
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If you are a business person then sometimes you have to invest something more to grow your business value and profit. A business loan is a short-term loan, moreover, some banks sanction the loan amount without any collateral securities and assets. An unsecured loan is a collateral free loan which is provided by Banks and non-banking financial companies. All banks and NBFCs offers a business loan on the basis of financial statements of company or business, and business goodwill. The lender offers minimum amount is 2 Lakh and the maximum can go up to 1 Crore for 1 to 5 years tenure and rate of interest will be in between 12 to 32 %.

There are too many reasons to take a business loan. Below some basic reasons are mentioned to avail a business loan.

An unsecured business loan’s Profits and Elements

There is a big difference in a secured and unsecured loan. A secured loan is totally based on your property, asset or other securities value and an Unsecured loan are only depends on a business or company’s financial statements, There is no need of any collateral securities. Secured business loan contains the minimal rate of interest whereas Unsecured loans contain the higher rate of interest.

  • Depended on financial statement:-

    An unsecured business loan is totally depended on your previous financial statements. If your business and company’s banking is strong then there are more chances to approve your business loan.

  • Manageable documentation:-

    There is a simple and quick documentation process which can be done in just some time.

  • Quick approval:-

    An unsecured business loan is quickly approved by lenders in 2-3 working days.

  • Collateral free loan:-

    An unsecured business loan is a collateral free loan there is no need for any securities. It is totally based on your business and company’s consistent profit.

  • Tenure:-

    There is 1 to 5 years tenure for an unsecured business loan. It depends on customer’s requirement and eligibility.

  • Multiple Uses:-

    There are many uses of a business loan. You can use the money in any way to improve your business or company profit.

  • Interest Rates:-

    All banks and NBFCs have different rates according to their terms. The lowest rate is 12% and the maximum rate is 32 %.

  • Loan Amount:-

    The loan will be approved according to your business or company’s financial statements and profit accounts. The minimum amount is 2 lakh and maximum will depend on eligibility.

  • Loan Amount:-

    The loan will be approved according to your business or company’s financial statements and profit accounts. The minimum amount is 2 lakh and maximum will depend on eligibility.

  • Credit History:-

    A credit score is an important element for every loan. There is the same condition for an unsecured business loan. A credit history describes your previous loans repayments and all details about your previous loans.

Small Business Loan Eligibility

Eligibility Criteria

Manufacturers

Traders

Service Providers

Eligible Entities

  • Proprietorship Firms
  • Partnership Firms
  • LLPs
  • Private Limited Companies
  • Public Limited companies
  • Proprietorship Firms
  • Partnership Firms
  • LLPs
  • Private Limited Companies
  • Public Limited companies
  • Proprietorship Firms
  • Partnership Firms
  • LLPs
  • Private Limited Companies
  • Public Limited companies

Minimum Annul Net Profit

Rs. 2.50 Lakhs

Rs. 2.50 Lakhs

Rs. 2.50 Lakhs

Annual Turnover/Sales 

Rs. 25 Lakhs

Rs. 40 Lakhs

Rs. 40 Lakhs

Minimum Age of Promoters

21 years

21 years

21 years

Business Vintage  

3 years

3 years

3 years

KYC

All the promoters and business entity should have valid KYC documents like PAN Card, Aadhaar Card, Shop Act &business establishment Certificate etc.
Income Statements Business entity and the promoters should be filing timely income tax returns, GST returns and other compliances  
Small Business Loan Eligibility for CA, Doctor & other professionals

Eligibility Criteria Chartered Accountants Doctors Others professionals
Professional Degree ICAI certified & Practicing Chartered Accountants  Doctors with MBBS, PHDs, BDS, B Pharma etc. with professional degrees Architects
Company secretaries
Engineers and other with professional degrees
Eligible Entities
  • Proprietorship Firms
  • Partnership Firms
  • LLPs
  • Proprietorship Firms
  • Partnership Firms
  • LLPs
  • Proprietorship Firms
  • Partnership Firms
  • LLPs
Minimum Annul Net Profit Rs. 2.50 Lakhs Rs. 2.50 Lakhs Rs. 2.50 Lakhs
Annual Turnover/Sales  Rs. 8.00 Lakhs Rs. 10 Lakhs Rs. 10 Lakhs
Minimum Age of Promoters 23 years 23 years 23 years
Min. no of years in practice    2 years 2 years 2 years
KYC All the promoters and business entity should have valid KYC documents like PAN Card, Aadhaar Card, Shop Act &business establishment Certificate etc.
Income Statements Should be filing timely income tax returns, GST returns and other compliances  
KYC Documents
  • Identity Proof- PAN Card/Passport/Voter Id/ Driving license.
  • Residence proof- Aadhaar card/Passport copy/ Electricity Bill/ Driving license/ Rental agreement (if you are residing in a rented premise)
Application Form Duly signed Business loan application form with self-attested photographs.
Partnership Firm
  • Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.
  • Existing Loans' Sanction letters accompanied with repayment track.
  • Business profile on the letterhead of the company.
Doctors / CA / Engineer/ Architect and other professionals.
  • Bank Passbook or last 6-month bank statement
  • Most recent Income Tax Return as well as computation of income.
  • Balance Sheet and Profit & Loss Account for the last 2 years, certified by a Chartered Accountant
  • Proof of Educational Qualification for Highest Professional Degree achieved
  • Trade license /Establishment /Sales Tax Certificate for the Proof of Continuation of his profession
  • As a Sole Proprietorship its Declaration, As a Partnership its Copy of Partnership Deed, Apart from Copy of MOA, AOA & Board Resolution etc.
Proprietorship Firm
  • PAN Card of the company
  • Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.
  • Existing Loans' Sanction letters accompanied with repayment track.
  • Business profile on the letterhead of the company.
  • A cheque of Processing Fee.
Partership Firm
  • PAN Card of the company
  • Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company.
  • Existing Loans' Sanction letters accompanied with repayment track.
  • Business profile on the letterhead of the company.
  • A cheque of Processing Fee.
Private limited company
  • PAN Card of the company
  • Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company.
  • Existing Loans' Sanction letters accompanied with repayment track.
  • Business profile on the letterhead of the company.
  • A cheque of Processing Fee.
Public limited company
  • PAN Card of the company
  • Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate.
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company.
  • Existing Loans' Sanction letters accompanied with repayment track.
  • Business profile on the letterhead of the company.
  • A cheque of Processing Fee.
Other Documents Details of ongoing obligations and recently closed loans
Banks may require few additional documents based on your overall profile. You may be required to submit only self-attested copy of the documents. The original documents may be required only for verification of the copies.
Business Loan Rate of Interest and Other Details

Interest Rate Range

Loan Amount

Processing Fees

Tenure

Lowest EMI

Foreclosure Charges

Loan Processing Time

10.50% -28.00%

Rs. 0.50 to Rs. 50.00 Lakhs

1- 3% plus GST

1 to 5 years

Rs. 2162

2-4%

1-5 Days
  1. HDFC Bank: : HDFC bank is acknowledged as a leader of a Business loan in India. it serves the best Business loan service over the country to the self-employed and salaried persons. HDFC bank gives the best features and best rates with exciting offers. Best online offer rates for Business loan at Loan4Bank. HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has about 76,286 employees including 12,680 women[6] and has a presence in Bahrain, Hong Kong, and Dubai.[7] HDFC Bank is the second largest private bank in India as measured by assets.[8] It is the largest bank in India by market capitalization as of February 2016.[9] It was ranked 58th among India’s most trusted brands according to Brand Trust Report, 2015.[10].
  2. ICICI Bank: ICICI bank is the 2nd largest capitalization bank in India. It provides quick and excellent services. ICICI bank provides fast and instant Business loan. It takes only 3 days to disburse the loan amount after submitting documents. ICICI Bank, an Indian multinational bank providing banking and financial services being headquartered in Mumbai, India. As of now, ICICI is the second largest public sector bank in the country in terms of market capitalization and assets. Originally, ICICI Bank was promoted in the year 1994 by ICICI Limited, a solely Indian financial institution and which was its wholly owned subsidiary. ICICI offers a wide array of banking and well as financing services to the retail and corporate customers for sufficing their needs through a large variety of delivery channels. Offering a bunch of financial products, ICICI has left no stones unturned in being the most preferred lenders among the borrowers.
  3. Axis Bank: Axis bank is the largest bank of the private sector over the country. Axis bank offers Zero foreclosure charges for Business loan applicants. It takes 2 days to disburse the Business loan amount. Axis bank gives comparative rates to Business loans borrowers. Axis Bank is the third largest of the private-sector banks in India offering a comprehensive suite of financial products. The bank has its head office in Mumbai and registered office in Ahmedabad. It has 3,703 branches, 13,814 ATMs, [2] and nine international offices. The bank employs over 55,000 people and had a market capitalization of ₹1.31 trillion (US$19 billion) (as of March 31, 2018).[2] It sells financial services to large and mid-size corporates, SME, and retail businesses.[1]
  4. Bajaj Finance: Bajaj finance offers Business loan to fulfill all financial needs of Business loan borrowers. Bajaj finserv is the largest consumer durables financier over the country. It offers a Business loan up to 1 Crore Rs. Online Lowest Business Loan interest rates for Bajaj loans on Loan4Bank. India top bank loans providers, Apply online for salaried individuals. These loans are unsecured i.e. there is no collateral required and can be availed by salaried individuals. They are usually ideal for meeting your short-term financial needs like unexpected expenses, dream holiday, home improvement expenses etc.
  5. Yes Bank: Yes bank offers one the most comparative interest rates for a Business loan to self-employed and salaried customers. It gives the best service to Business loan borrowers and become the best Business loan provider over the country. Yes Bank is India's fourth[2] largest private sector bank, founded by Rana Kapoor and Ashok Kapur in 2004. Yes Bank is the only Greenfield Bank license awarded by the RBI in the last two decades. YES BANK is a “Full-Service Commercial Bank”, and has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country.

Delighting customers across India

Don’t just take it from us, let our customers do the talking!

Ravi Sharma

Ui Developer

Thank you team for the amazing and quick service in disbursing my Personal loan. When I was in doubt your team has been of great help and have been extremely kind

Ravi Sharma

Ui Developer

Thank you team for the amazing and quick service in disbursing my Personal loan. When I was in doubt your team has been of great help and have been extremely kind

Ravi Sharma

Ui Developer

Thank you team for the amazing and quick service in disbursing my Personal loan. When I was in doubt your team has been of great help and have been extremely kind

Ravi Sharma

Ui Developer

Thank you team for the amazing and quick service in disbursing my Personal loan. When I was in doubt your team has been of great help and have been extremely kind

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