Take Your Business To New Heights

We arrange wide range of Business loans with Lowest possible Interest rate, to empower your business.

  • Businesses loan

    Businesses need funds to meet their day-to-day expenses such as paying utility bills, buying machinery, setting up equipment, upgrading inventory, employee salaries, expansion, etc.

    A business loan can be availed to meet such working capital needs without having to disturb your personal finances. They are unsecured loans that have a quick turnaround time and need minimum to no paperwork.

  • Eligibility:

    Anyone who’s running a business, from Startups to MSMEs to artists to traders to manufacturers to NGOs and more, can apply for a business loan. However, the criteria for eligibility can vary from one applicant to another.

    Age:

    21-65 years.

    Credit Score:

    750 and above.

    Nationality:
    Indian Citizen with a valid bank account and no criminal records.

    Note:

    All/ any of the Eligibility Factors listed above are subject to change on a case by case basis, left to the discretion of the bank/NBFC you are applying for a business loan from.

  • Documents

    The actual list of documents varies from one bank to another. That said, here’s a list of the most common documents that are expected from all of them.

    Proof of Identity:

    PAN Card / Voter ID / Aadhaar Card / Passport / Driving License

    Proof of Address:

    Bank Account Statement / Aadhaar Card / Lease Documents / Property Purchase Agreement / Utility Bill / Passport / Driving License

    Proof of Income:
    --For Salaried Professionals:

    Salary Slip / Bank Account Statement / Form 16

    --For Self Employed Individuals:

    ITR / P&L Statement and Balance Sheet / Bank Account Statement

    Proof of Business:

    Certificate of Practice / Partnership Deed / GST Registration and Filing Documents / MOA & AOA / Shop Act License

  • Rate of interest

    Different banks/NBFCs offer different kinds of business loans at varying interest rates, starting as low as 15%. Other factors such as your Credit Score, tenure of the loan, total amount, etc also factor in to determine the final interest rate.

    Check the list below to know the current rate of interest on business loans, offered by some of India’s leading banks and NBFCs.

  • Other details

    Business loans have a processing fee that varies from 0-4% of the loan amount, depending on the total amount of loan requested.

Check loan status, interest & Installment.

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Why choose us

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  • Easy to Understand Process

    Our Step completion process is very easy to understand and we collect only the required data from the customers.

  • Quick Loan Application In 10 Mins

    Through PrimeLoan's Quick Apply process, you can complete your loan application well under 10 mins

  • 40+ Banking Partners to Choose from

    PrimeLoan has partnered with 40+ leading banks and lending institutions to provide you the best loan offer with lowest possible interest rate.

  • Instant Loan Eligibility Check

    Know whether you are eligible for loan processing or not even before submitting your application, without any wait.

  • 100% Online Application Process

    Our loan application process is fully digital and secure, you don't have to make any physical visits to any banks.

  • No Annoying Phone Calls

    Know whether you are eligible for loan processing or not even before submitting your application, without any wait.

Ready to get started ?

Speak to a PrimeLoan specialist at +91-81-7700-7070