✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now! Apply Now

AYE Finance is a fintech organization which offers business loans to small businesses and micro enterprises. It supports potential businesses that lack funding but have the most scope to become leading enterprises. By funding these businesses, AYE Finance helps them towards victory.  You can get a loan of up to ₹2 Lakhs. Apply now at Bajaj Markets. Read on for more information. 

How to Apply for AYE Finance Business Loan Online

Follow the below mentioned application process to register for AYE Finance Business Loan:

  • Fill in Details: Enter your personal and business details.

  • Select your partner: Choose AYE Finance as your lending partner.

  • Select tenure and principal amount for your loan repayment: You must select the loan amount and repayment tenure as per your need.

  • Approval and Disbursal: You will get quick approval and disbursement of your loan after the approval and application verification.

AYE Finance Business Loan: Rate of Interest and Other Charges - 2022

The AYE Finance Business Loan ROI as of 2022 is 28%-29.5% p.a. One of the best options to create capital for small businesses. With no hidden charges and 100% transparency, you can enjoy a seamless experience. Get the AYE Finance Business Loan now with amazing interest rates.

Loan Amount

Up to Rs. 2 Lakhs    


Up to 36 months

ROI (Annual)


Associated Charges

Processing Fee: 2.5% of Loan Amount + Applicable Govt. Taxes 

Foreclosure Charges: 7% of Loan Amount + Applicable Govt. Taxes

These are the extra charges associated with the amount to be paid by the customer, in order to get the loan.

Factors that Affect AYE Finance Business Loan Interest Rate

  • Income - The income of the customer plays an important role in the calculation of the interest rate.
  • Credit Score - The credit score of the customer, which is calculated based on the consistency of the customer to pay back the debt.

  • Debt-to-income ratio - The debt to income ratio is a significant indicator of a customer’s ability to repay the loan amount.

  • History of defaults - There can be serious consequences if there’s a bad history of defaults by the loan applicant.

AYE Finance Business Loan Features & Benefits

Quick Disbursal of Loan Amount

You will receive the funds within 7 days, this is after the verification and approval process.

Flexible Tenure

The repayment tenure for the loan extends up to 36 months. You can pay the EMI without any difficulties.

No Hidden Charges

The pricing of the loan is very transparent. There are no hidden fees or charges for anything.

Collateral Free

The loan does not need you to pledge any collateral.


The whole process, from application to disbursal is very convenient and user friendly.

AYE Finance Business Loan Eligibility

The eligibility criteria for this loan is as follows:

  • You must be an Indian citizen

  • You must be within the age group of 21-59 years

  • Your business must have a residential stability of 3 years

  • Your residential and business address must be in the same city

Factors Affecting Business Loan Eligibility

Here’s the factors which affect the eligibility of the AYE Finance Business Loan:

  • Age : The age of the applicant should be in the age bracket of 21-59 years.

  • CIBIL Score - The CIBIL Score affects the business loan eligibility as it signifies the repayment ability of the applicant. The CIBIL Score for this Business Loan should be under 300-900, the higher the better.

  • Annual turnover - The annual turnover of your business will directly affect your eligibility for this business loan.

  • Citizenship - You should be an Indian Citizen in order to get the loan.

  • Current Location - The current location of the applicant should be consistent for 3 consecutive years for the loan to be sanctioned. Also, the applicant’s residential and business address must be in the same city.

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Documents Required for AYE Finance Business Loan

Below mentioned are the documents required for the loan application:

  • Aadhaar Card

  • Voter ID or PAN card

  • Utility Bills (E-bill or water bill)

  • Bank statement for last 6 months

These are the documents required for the loan application.

AYE Finance Customer Care

You can contact the AYE Finance  Customer Care via:

Email: customer.care@ayefin.com

Call on: +91 84485 86881

Latest News Updates

Transform Provides a £200,000 Grant to Aye Finance to Address the Working Capital Issues for Kirana Stores

Aye Finance has received a £2,00,000 (₹2.05 Crores) grant from TRANSFORM, an initiative led by Unilever, Commonwealth, the UK’s foreign, EY and development office. This grant was sanctioned to address the issues of working capital of Kirana owners. Kirana stores make up approximately 88% of the retail sector in India, thereby contributing significantly to the GDP of India. Founder and MD of Aye Finance, Sanjay Sharma stated that this TRANSFORM collaboration will build momentum for their recent launch, SwitchPe and solve the issues of funding within the FMCG supply chain.

- June 12, 2023

Aye Finance's AUM grows by 56% in 2022-23

Aye Finance has recently announced that its loan book has grown by 56% in FY 2022-23 with an asset under management worth ₹2,700 crores.

Aye Finance was established in 2014 and has provided loans of more than ₹7,000 crores to over 6 lakh micro firms till 2023.

In FY 2022-23, the company saw a profit after tax of ₹60 Crores. As per the Director of Aye Finance, the company did face a downfall during the COVID period; however, it has managed to gain its position in the market.

- April 25, 2023

AYE Finance Business Loan FAQs:

AYE Finance offers business loans to small enterprises that have immense growth potential. It gives a push start to all the businesses which lack funding and helps them create capital to ensure profitability and growth.

You can get a business loan from AYE Finance by following the easy application process stated above.

The eligibility criteria for the AYE Finance Business Loans is as follows:

  • You must be an Indian citizen.
  • You must be within the age group of 21-59 years.
  • Your business must have a residential stability of 3 years.
  • Your residential and business address must be in the same city.


It takes about 7 days for disbursal, after the loan approval.

You can pay the EMI using various methods such as UPI and Internet Banking.

The ROI for the AYE Finance business loan ranges between 28%-29.5%.

The formula to calculate interest rate is  E= P * r * (1+r) ^ n / ((1+r)^n-1)

It completely depends up on the tenure of your choice. You get to decide how you want to repay the interest rates.

The eligibility criteria for this loan is 21-59 years.

The recommended CIBIL Score for this Business Loan is above 700.

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