₹5 Lakh Business Loan

Explore ₹5 Lakh Business Loan offers from leading lenders on Bajaj Markets.

Available Offerings	Max. Loan Amount (₹)	Min. interest Rate	Max Tenure	Processing Charges
Aditya Birla Capital UDYOG PLUS Business Loan	10 Lakhs	22.00%	36 months	3% to 4% of the loan amount + GST
Bajaj Finance Business Loan	80 Lakhs	14.00%	96 months	Up to 4.72% (Inclusive of applicable taxes) of the loan amount
Credit Saison Business Loan	10 Lakhs	22.00%	36 months	Up to 4.72% (Inclusive of applicable taxes)
FlexiLoans Business Loan	50 Lakhs	18% (reducing)	42 months	Up to 2.5% of the loan amount
Indifi Business Loan	30 Lakhs	22.00%	36 months	Up to 3% of the loan amount + GST
KreditBee Business Loan	30 Lakhs	18.00%	36 months	3% to 4.25%
L&T Finance Business Loan	75 Lakhs	15.50%	60 months	Up to 2% + GST
Lendingkart Business Loan	35 Lakhs	19.20%	36 months	Up to 3% of the loan amount + GST
Protium Business Loan	35 Lakhs	20.50%	36 months	1% - 6%
Godrej Capital Business Loan	50 Lakhs	16%	72 months	Up to 3% of the loan amount

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

The EMI for a ₹5 Lakh Business Loan depends on the loan tenure and interest rate chosen. To illustrate how instalments can change, consider a loan amount of ₹5 Lakh at an annual interest rate of 14%. Based on the repayment period selected, the monthly EMI and total repayment amount will vary, as shown in the table below.

To apply for a ₹5 Lakh loan for business, you generally need to meet certain eligibility conditions set by lenders to assess business stability and repayment capacity. These criteria may vary depending on the lender:

1.Citizenship: You must be an Indian citizen

2.Applicant Type:

• Self‑employed professionals such as doctors, chartered accountants, architects, and consultants
• Self‑employed non‑professionals including traders, manufacturers, retailers, and service providers

3.Age: Usually between 21 and 60 years

4.Business Structure: Sole proprietorships, partnership firms, LLPs, and private limited companies are typically eligible

5.Business Experience: Most lenders require at least 1 year of continuity in the current business

6.Income: A minimum annual income or turnover—often starting from ₹1.5 Lakh or more as per ITR—may be required, subject to lender policies

Submitting the required documents helps ensure a smooth and hassle‑free business loan application. The documents typically required include:

You can easily apply for a business loan by following these steps:

1.Click here to go to the application page

2.Select ‘Business Owner’ from the dropdown to choose the profession

3.Now enter your mobile number and pin code

4.Agree to the terms and conditions

5.Click on ‘CHECK YOUR OFFER’

6.Enter the OTP sent to your registered mobile number

7.On the next page of application, enter or choose the following details as required:

• PAN

• Name as per PAN card

• Date of birth

• Current Residential Status

• Industry type

• Nature of Business

• Monthly Turnover/Sales

• Business Vintage in years

• Email ID

8.Click on ‘CHECK OFFERS’

9.You will find offers as per your eligibility

10.You can also edit the loan amount and tenure and click on ‘SUBMIT TO CHECK OFFERS’

11.Choose the preferred option and click on ‘GET IT NOW’

12.Fill in additional details as requested, (if required)

13.You will be redirected to the lender’s website to complete additional steps such as KYC verification, e-mandate setup, and loan disbursal.

With a business loan of ₹5 Lakhs, you can elevate your business and take it to the next level. Here is where you can use the loan amount:

• Working Capital: Cover daily expenses such as rent, utilities, and salaries
• Inventory Purchase: Stock raw materials or finished goods to meet demand
• Equipment Upgrade: Buy or upgrade machinery, tools, or technology
• Business Expansion: Renovate premises or scale operations
• Hiring & Training: Recruit staff or upskill existing employees
• Marketing & Advertising: Promote products, services, or brand
• Cash Flow Management: Manage gaps during off‑seasons or delayed payments