Here is everything you need to know about InCred Business Loan
Fulfil that urgent purchase order or pay your office rent by borrowing amounts of up to ₹3 Lakhs from InCred on our website. Simply apply for a business loan and enjoy low interest rates starting from 24% p.a.
Furthermore, you can repay these loans comfortably over flexible repayment tenures of up to 5 years.
Get a quick overview of the key features of the InCred business loan as of 13th May, 2025. The table below covers important details such as the loan amount, tenure, and more.
Particulars |
Details |
Minimum Loan Amount |
₹1 Lakh |
Maximum Loan Amount |
₹3 Lakhs |
Minimum Tenure |
12 months |
Maximum Tenure |
60 months |
Interest Rate |
Starting from 24% p.a. |
Disbursal Time |
24 hours post approval |
Disclaimer: The details mentioned above are subject to constant change at the lender’s discretion.
Knowing the interest rates is key to planning your business loan effectively. InCred offers competitive rates that vary based on the applicant’s profile, business performance, loan amount, and tenure. Below is a quick look at the minimum interest rate offered:
Particulars |
Details |
Minimum Interest Rate |
24% p.a. |
Disclaimer: The details mentioned above are subject to constant change at the lender’s discretion.
When applying for a business loan, it is important to consider any additional charges associated. Here’s a breakdown of the common fees and charges you might encounter when applying for an InCred business loan on Bajaj Markets:
Particulars |
Details |
Processing Fee |
2% to 5% of the loan amount |
Disclaimer: The details mentioned above are subject to constant change at the lender’s discretion.
Want to estimate your monthly EMI before applying? Use the InCred business loan EMI Calculator to get a clear idea about your repayment schedule, based on your loan amount, interest rate, and tenure.
Before you apply for this loan, make sure you fulfil the eligibility criteria for InCred business loan:
Nationality: You must be a native of India
Age: You must fall under the age bracket of 21 to 55 years
Keep the following documents ready to ensure a smooth and quick application process. Here are the documents required for an InCred business loan:
Complete the KYC procedure (PAN card, Aadhaar card, passport, voter ID, or driving licence)
Submit online bank statements
Fill and submit the application form
Apply for this collateral-free business loan by following these simple steps:
Click on the ‘CHECK ELIGIBILITY’ button on this page
Provide your business and personal details
Choose ‘InCred’ from the list of loan providers
Select the loan amount and tenure as per your preference
Click on ‘Submit’
Following this, an executive will reach out to you to further process your loan application.
Here’s why applying for an InCred business loan through Bajaj Markets is a smart choice. Below are the key features and benefits:
High Loan Amount
Apply for this business loan and get an amount ranging from ₹1 Lakh to ₹3 Lakhs
No Collateral Required
You do not need to submit any collateral/security when applying for this loan
Flexible Tenures
Repay your loan as per your convenience over repayment tenures of up to 5 years
Quick Disbursal
After your loan has been approved, the amount will be credited to your account within 24 hours
If you have any queries or need assistance with your InCred business loan, you can contact their customer support team. Reach them through the following channels:
Particulars |
Details |
Phone |
1800-102-2192 |
care@incred.com |
You need to be an Indian citizen and fall under the age bracket of 21 to 55 years to be eligible for this loan.
You can opt for repayment modes like cash, cheque, ECS, NACH, credit cards, debit cards, etc.
You can apply for an InCred business loan on Bajaj Markets with interest rates starting from 24% p.a.
A CIBIL score of 750 or above is generally recommended to improve your chances of getting approved for an InCred business loan.