Apply For a Quick
Business Loan Instantly
Fulfil all your business goals
Fulfil Your Every Need
Avail of a loan up to ₹50 lakhs (up to ₹75 lakhs in select locations) without any collateral, guarantor or security, to fulfil your every business need, from business expansion and working capital, or any other personal work.
Transfer Loan Balance with Ease
Transfer your existing Business Loan to HDFC Bank for lower EMIs, and enjoy our benefits
- ·Attractive Interest rates on existing loan transfer.
- Flexible tenure up to 48 months to transfer your loan balance, apply now.
Dropline Overdraft Facility
It provides Overdraft Facility without any security. Limit is set in a separate Current Account which drops monthly till the end of the tenure. Pay the interest only on the amount utilised.
- Dropline Overdraft Facility up to ₹1 lakh – ₹25 lakhs*
- No guarantor/ security required
- Tenure ranging from 12-48 months
- Attractive rate of interest
- Quick Eligibility Check & Disbursal
- Check your Business Loan eligibility online or at any branch in just 60 seconds. Loans will be disbursed based on previous repayment of Home Loans, Auto Loans and Credit Cards.
The following people are eligible to apply for a Business Loan:
Self employed individuals, proprietors, private ltd. co. and partnership firms involved in the business of manufacturing, trading or services.
The business should have a minimum turnover of ₹40 lakhs
Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.
Those whose business has been profit-making for the previous 2 years
The business should have a Minimal Annual Income (ITR) of ₹1.5 lakhs per annum
The applicant should be at least 21 years at the time of applying for the loan, and should be not older than 65 years at the time of loan maturity.
- The following documents are required along with your Business Loan application:
- PAN Card – For Company/Firm/Individual
- A copy of any of the following documents as identity proof:
- Aadhaar Card
- Passport
- Voter’s ID Card
- PAN Card
- Driving License
- A copy of any of the following documents as address proof:
- Aadhaar Card
- Passport
- Voter’s ID Card
- Driving License
- Bank statement of the previous 6 months
- Latest ITR along with computation of income, Balance Sheet and Profit & Loss account for the previous 2 years, after being CA Certified/Audited
- Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
- Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]
Business Loans
Business loans with competitive rates and flexible repayment options, making the process hassle-free