Key Features
Competitive Rates
Starting from 11% p.a. for SMEs
Quick Approval
Funds in 3-5 working days
High Loan Amount
Up to ₹50 lakhs unsecured
Flexible Collateral
Secured and unsecured options
Minimal Paperwork
Digital documentation process
Flexible Tenure
1 to 5 years repayment
Eligibility
Business Vintage
3+ years of operation
Annual Turnover
₹10 lakhs or more
ITR Filing
Last 2 years filed
Credit History
Good business credit
Documents
Business Documents
- Business registration proof
- GST registration
- Bank statements (1 year)
Financial Documents
- ITR for 2 years
- Balance sheet & P&L
- Business plan (if required)
Interest & Charges
Interest Rate
11% - 18% p.a.
Processing Fee
Up to 3% + GST
Prepayment
Charges may apply
Use Cases
💼
Working Capital
Day-to-day operations funding
🏭
Equipment Purchase
Machinery and equipment
📈
Business Expansion
Growth and scaling
📦
Inventory Funding
Stock and inventory
🏢
Office Renovation
Workspace improvements
💳
Debt Consolidation
Combine multiple loans
👥
Staff Salary
Employee payments
📢
Marketing
Advertising campaigns