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Business Loan

Fuel for your next big move.

Loan amount: Up to ₹5 Cr
Interest rate: From 14%* p.a.
Tenure: 12 — 60 months
Collateral: Not required
Minimum ticket size: ₹2 Lakh

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At A Glance

Purpose: Expansion, stock, hiring or new equipment, without collateral
Who can apply: At least 2 years in business, with turnover of roughly ₹40 lakh or above

See all 6 requirements

The Short Version

What Business Loan actually does for you.

A business loan without collateral for needs such as expansion, stock, hiring or new equipment. Lenders mainly look at your GST returns and bank statements, so you may not need a full set of audited financials. This can make the process quicker.

What's included

No collateral or third-party guarantee needed
Assessed on GST returns, banking and financial statements
Multiple lenders run in parallel to find the best fit
Funds disbursed in as few as 5 working days

Do you qualify?

At least 2 years of business vintage
Annual turnover of roughly ₹40 lakh or above
The last two years of ITR and GST returns filed on time
Proprietorship, partnership, LLP, company or self-employed professional
A steady business income that shows in your bank statements
A CIBIL score of around 700 or above for the owner may help you get better terms; lower scores are reviewed case by case

Which One Are You

Proprietor / ProfessionalYou run a business in your own name, or practise a profession such as medicine, law, accountancy or architecture. There is no separate company, so the lender looks at you and the business together: your ITRs, your financial statements and your business bank account. Clear books and returns filed on time help a lot.

Partnership / LLPThe business is a partnership firm or an LLP. The lender checks the firm's registration, its financials and its bank statements, and also the standing of each partner, so every partner's KYC and tax returns are usually needed. A signed partnership deed that allows borrowing keeps things smooth.

CompanyThe business is a private or public limited company. The lender checks the incorporation papers, the directors and the shareholding, the company's audited financials and its bank statements. A board resolution authorising the loan is usually needed, and directors may be asked to stand as guarantors.

Documents Required (Checklist)

For Self-Employed

Proprietor's KYC: PAN, Aadhaar and address proof
Business proof: GST registration, Udyam, shop licence or equivalent
Last 3 years' ITR with computation of income
Last 3 years' financial statements (P&L and balance sheet), audited where applicable
Last 12 months' current and savings account statements
GST returns for the last 12 months, where registered
Details of existing loans, with EMIs and statements

For Every Applicant

KYC (PAN, Aadhaar, address proof)
Proof of business ownership

This is the usual list for each type of applicant. Get the exact checklist for business loan, sent as a PDF you can save or print.

Fees and other charges

Besides interest, a lender may charge a few fees. It helps to know them before you apply, so there are no surprises.

Processing fee

A percentage of the loan amount plus GST, often somewhere between about 1% and 3% for loans without security. It varies by lender and profile.

Documentation and other charges

Some lenders add a small fixed fee for documentation or a statement of account.

Foreclosure and part-prepayment

Closing the loan early may carry a charge, usually a percentage of the outstanding amount, and some lenders allow it only after a minimum period. Ask before you prepay.

These are general guides and every lender sets its own fees. Your expert will share the exact charges in writing before you sign.

Why Growth Capital Services

One conversation, many lenders to compare.

We are a loan consultant, not the lender. We help you compare options from 75+ Banks and NBFCs, prepare your documents, and follow your application through each step.

Check Your Eligibility Talk to Our Loan Expert

Important note: Interest rate, loan amount, tenure, charges, eligibility, approval and disbursement depend on the policy of the respective Bank or NBFC, your profile, credit assessment and the applicable terms. Growth Capital Services is a loan consultant and does not lend money itself. The details on this page are for general information.

Run the numbers

Calculators for your Business Loan

Try your own figures before you apply — nothing is saved or sent.

EMI Calculator

Plan your loan payments

Adjust the sliders to estimate your monthly EMI, total interest and total repayment.

Loan Amount

₹50.00 L

₹1 L₹10 Cr

Interest Rate (p.a.)

5%24%

Loan Tenure

Years

1 Yr30 Yrs

Monthly EMI: ₹46,607
Total interest: ₹61,85,574
Total payable amount: ₹1,11,85,574

EMI₹46,607per month

Principal (45%)

Interest (55%)

Talk to an Expert

Step-by-step guide

Business Loan process, step by step.

A business loan is decided mostly on your business records. Here is how we get you from need to funds.

Tell us about the business

Share what the business does, how long it has run and what you need the money for.

Review your numbers

We look at your turnover, GST returns and bank statements to see what a lender will offer.

Choose the lender

We shortlist lenders whose terms suit your business and compare their offers.

Submit the file

You provide KYC, business proof and statements, and we present them cleanly.

Sanction and disbursal

After the lender's review, the amount is released to your business account.

With GCS, your expert looks at your profile, matches it with suitable lenders, and coordinates with the banks for you. That means less confusion and more confidence when you apply.

Worth Comparing