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Business Loan

11.29%

Rate of Interest
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About Business Loan

These loans are those which are taken against some type of personal guarantee or any valuable asset as collateral. Inventory loans, equipment loans, term loans and loan against property are secured business loans.

In many situations, businessmen and self employed prefer to take unsecured business finance with no collateral requirement because of the following reasons: Short turnaround time of 5 -15 days as compared to secured loans No collateral or security required to get this loan Reduces your dependence on friends, relatives or money lenders for borrowing for urgent or seasonal business expenses This page contains detailed information about business loan without collateral. To know about secured business loan, you can visit our loan against property page

In addition, if there is any change in the mode of payment or there is any kind of swapping of a post-dated cheque, the additional fees are applicable accordingly. The prepayment options, which may or may not be available, and the applicable charges may vary based on the provisions of the lending institution.

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Get Business Loan Offers

Now apply for a Business Loan online, All you need to do is provide your details below application form.

I hereby appoint E-max Loans as my authorised representative...

Top Nationalized Banks For business Loan

Interest Rate

17% onwards

Tenure

Min. 3 Years

Lowest EMI per lakh

₹ 2,432

Part Prepayment Charges

Nil

  • Processing Fee - Up to 1.75% of loan amount + applicable taxes
  • Loan Amount - Min. Rs. 50,000 & Max Up to Rs. 50 Lakh
  • Foreclosure Charges - Nil
Apply now More Informations
Interest Rate

11.90%

Processing Fee

Rs. 499

Lowest EMI per lakh

₹ 2,628

Part Prepayment Charges

Not Allowed

  • Tenure - From 12 months to 48 months
  • Loan Amount - Min ₹ 50,000 and Max ₹ 50 Lakh
  • Foreclosure Charges - Allowed after 12 EMI's, 2 - 4%
Apply now More Informations
Interest Rate

16.50%

Lowest EMI per lakh

₹ 3,540

Part Prepayment Charges

22 to 60 years

Early Foreclosure Charges

Allowed after 6 EMI's, 5%

  • Tenure - From 12 months to 36 months
  • Processing Fee - Starting from 0.99%, Up to 2%
  • Loan Amount - Min ₹ 1 Lakh and Max ₹ 40 Lakh
Apply now More Informations
Interest Rate

22.00%

Processing Fee

2.00%

Lowest EMI per lakh

₹ 3,151

Part Prepayment Charges

Not Allowed

  • Tenure - From 12 months to 48 months
  • Loan Amount - Min ₹ 1 Lakh and Max ₹ 9 Lakh
  • Foreclosure Charges - Allowed after 6 EMI's, 4 - 5%
Apply now More Informations
Interest Rate

19.00%

Lowest EMI per lakh

₹ 2,990

Part Prepayment Charges

Not Allowed

  • Tenure - From 12 months to 48 months
  • Processing Fee - From 1.50% to 2.50%
  • Loan Amount - Min ₹ 5 Lakh and Max ₹ 50 Lakh
  • Foreclosure Charges - Allowed after 6 EMI's, 4.5% of outstanding balance
Apply now More Informations
Interest Rate

18.00%

Processing Fee

Upto 2% of loan amount

Lowest EMI per lakh

₹ 2,938

Part Prepayment Charges

Allowed after 1 EMI's, 2%

  • Tenure - From 12 months to 48 months
  • Loan Amount - Min ₹ 5 Lakh and Max ₹ 30 Lakh
  • Foreclosure Charges - Allowed after 1 EMI's, 4%
Apply now More Informations
Interest Rate

17.00%

Processing Fee

2%

Lowest EMI per lakh

₹ 2,886

  • Tenure - From 12 months to 48 months
  • Loan Amount - Min ₹ 1.50 Lakh and Max ₹ 20 Lakh
  • Foreclosure Charges - Allowed after 6 EMI's, 3 - 7%
  • Part Prepayment Charges - Allowed after 6 EMI's, 3 - 7%
Apply now More Informations
Interest Rate

12.25%

Processing Fee

1.00%

Lowest EMI per lakh

₹ 2,237

Part Prepayment Charges

Allowed after 1 EMI's,

  • Tenure - From 12 months to 60 months
  • Loan Amount - Min ₹ 50,000 and Max ₹ 5 Lakh
  • Foreclosure Charges - Allowed after 1 EMI's, Before 6 months - 2%, After that Nil prepayment charges
Apply now More Informations
Interest Rate

16.00%

Lowest EMI per lakh

₹ 2,432

Part Prepayment Charges

Not Allowed

Foreclosure Charges

5% charges

  • Tenure - From 24 months to 60 months
  • Processing Fee - Maximum 2% of the loan
  • Loan Amount - Min ₹ 3 Lakh and Max ₹ 75 Lakh
Apply now More Informations
Interest Rate

16.25%

Processing Fee

1.80-2.20% of loan amount

Lowest EMI per lakh

₹ 3,528

Part Prepayment Charges

Not Allowed

  • Tenure - From 12 months to 36 months
  • Loan Amount - Min ₹ 1 Lakh and Max ₹ 10 Lakh
  • Foreclosure Charges - Allowed after 12 EMI's, NIL foreclosure charges
Apply now More Informations
Interest Rate

11.20%

Processing Fee

From 2% to 3%

Lowest EMI per lakh

₹ 2,594

Part Prepayment Charges

3%

Foreclosure Charges

Allowed after 6 EMI's, 3%

  • Tenure - From 12 months to 48 months
  • Loan Amount - Min ₹ 5 Lakh and Max ₹ 100 Cr
Apply now More Informations

Calculate Your Business Loan EMI Online

Loan Amount is 30000
No. of Month is 30
Rate of Interest [ROI] is 10
Monthly EMI

Total Interest

Payable Amount

Interest Percentage

Types of Business Loans

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Secured Loans for Businesses

These loans are those which are taken against some type of personal guarantee or any valuable asset as collateral. Inventory loans, equipment loans, term loans and loan against property are secured business loans.

Unsecured Loans For Businesses

In many situations, businessmen and self employed prefer to take unsecured business finance with no collateral requirement because of the following reasons: Short turnaround time of 5 -15 days as compared to secured loans No collateral or security required to get this loan Reduces your dependence on friends, relatives or money lenders for borrowing for urgent or seasonal business expenses This page contains detailed information about business loan without collateral. To know about secured business loan, you can visit our loan against property page

Get financing for whatever you need now

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Factors That Determine Eligibility for Business Loan Are

All loans are not created equal, personal loan has become a great option for people to use.

Business Vintage and Growth

Business vintage and growth is an important factor consider by banks and NBFCs to take a decision to give you loan. It gives the bank or NBFC an assurance that your business is authentic, stable and can generate profits to repay their loans. Banks typically look for a business stability or profitability of minimum 3 years for self employed professionals. In case of other businessmen, banks and finance companies require a minimum business continuity or existence of 5 years Banks and NBFCs also specify the minimum growth rate of 10-15% in sales or turnover for the last 3 years to be eligible for a business loan. Further, your business or enterprise should be profitable in the last 3 years

Banking Stability

Banks and NBFCs a check bank statements of minimum 6 months of your operational banking accounts to approve your loan. Banks will evaluate your banking stability and repayment capacity based on your average account balance. Banks will also consider your outbound and inbound cheque bounce information to take a view on your credit track record.

Revenue / Turnover

Revenue is the income that a business enterprise has earned from the sale of goods and services to customers. It is also termed as sales or turnover. In case of doctors, this sales or revenues is measured in terms of Gross Annual Receipts. Most banks and NBFCs ask for a minimum annual turnover of ₹ 1 Cr to be eligible for business loans without collateral. However, there are a few NBFCs and banks which lend to businesses or self employed with turnover of less than Rs. 10 lakh as well.

Income Tax Returns (ITR)

A self employed can get a business loan, only when it has filed regular ITRs for the past few years. Banks consider borrowers who have filed ITRs of 2 years or more as eligible to get a business loan. Banks evaluate your monthly income and repayment capacity based on details submitted in the ITRs.

Basic Eligibility Criteria
✓
Good Credit Score
✓
Above 21 Years of Age
✓
Salaried Professional
✓
Resident of India
✓
Valid Bank Account
✓
PAN Card & Voter ID / Driving License
✓
Bank Statements – Last 3 Months
✓
Salary Slip – Last 3 Months

Frequently Asked Questions

Get answers to common questions related to our business loan services.

Yes, you can repay your business loan before the end of the tenure. Early repayment helps reduce your overall interest cost. However, depending on your loan agreement, a small prepayment or foreclosure charge may apply.

Yes, we offer refinancing options that allow you to transfer your existing business loan to us at more competitive interest rates and better repayment terms.

This can help reduce your EMI burden, improve cash flow, and support better financial planning for your business.

You should apply for a business loan when you need funds to grow or manage your business effectively. Proper timing ensures better utilization and repayment.

  • For business expansion or scaling operations
  • To manage working capital needs
  • To purchase machinery, tools, or inventory
  • To handle seasonal cash flow gaps
  • When your business has stable income

We provide business loan services across India through both online and offline channels. You can apply easily from anywhere through our website or contact us to visit the nearest branch for personalized assistance.

Why Choose Emax Loans?

End-to-End Consultation

We understand your requirements and guide you at every step.

Documentation Support

We help prepare and organize all required paperwork.

Profile Evaluation

We analyze your profile to identify suitable lenders.

Bank & NBFC Coordination

We handle communication with banks and NBFCs.

Faster Processing

We reduce unnecessary delays and speed up approvals.

Better Approval Chances

We apply strategically to improve your approval success rate.

Emax Loans is online Loan Solution portal where Customer can easily apply for various types of Loans and other financial products as per their requirements. We match your requirements with best banks and provide best services. Emax Loans provides quick and hassle free services.

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8800674184

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