Business Loan Calculator

Taking a Business Loan online is faster, secure, hassle-free and transparent. It will save you a lot of time and effort.

Through our online process, you can avail of a loan from the comfort of your home. No paperwork. No agents. And it's super secure. You can choose from a variety of exclusive loan products which suits your need.

No, we don't ask for any kind of security or guarantee.

Sorry, we only have an online presence and recommend online transactions for quick processing and convenience.

We don’t have the facility of balance transfer for Business Loan.

All your sensitive information like personal/financial information is encrypted and safeguarded with our best in class security systems. We don't share your information with any marketing agencies or any 3rd party without your consent.

You can apply for a personal loan if: 1. You are a self-employed individual with at least 4 years of business experience. 2. You are between 25-65 years of age

We are sorry. We currently serve only Indian residents.

You can avail of a Personal Loan for a tenure ranging from 1 year to 5 years (with annual renewal option for interest servicing loan).

There is no minimum limit on part payment in case of Hybrid Flexi Loan but there is a minimum limit of one EMI for part payment in case of a Term Loan.

You can make part-payments at any time after paying the first EMI of a Term Loan.

There is no limit to the number of part payments in Hybrid Flexi Loan and in Term Loan. However, a maximum of 6 part payments can be made in a year.

You can foreclose your loan after paying your first EMI.

Part payment paid will be adjusted to the principal amount which results in a reduced monthly interest in case of Hybrid Flexi Loan. For Term Loan, you can keep the EMI same and reduce the tenor or you can keep the tenor same and increase the EMI.

Sorry, the withdrawal facility is not available on a Term Loan.

You can actually save on interest payments even though the base rate is marginally higher than a Term Loan. The innovative customer friendly features that come with Hybrid Flexi allows you flexibility and control on your loan repayment which can help you minimize the interest you pay. In case of any fund requirements, you can always withdraw from the part payments with funds instantly credited to your bank account.

You provide us with the digital copies of all your documents. Usually, for a personal loan/line you would need to provide proof of identity, proof of current address, proof of qualification, SPDC and a cancelled cheque.

You can visit our Eligibility Calculator section for a quick check on your Business Loan eligibility.

We fetch your last 1 month bank statement directly from your bank thus saving you the trouble of uploading the documents.

We are present in 35 major cities in India. You can avail of a loan of up to Rs.25 lakhs subject to your eligibility.

You can schedule your EMI payment date as the 2nd or 5th of every month. You may change your EMI dates after paying a nominal fee.

You can change your tenure by making part payments.

2% of the loan amount is charged as Processing Fee. This fee is deducted from the loan amount.

There are no part-payment charges on Hybrid Flexi loans. Term Loans come with a 2% part-payment fee.

We charge you 4% of the outstanding principal as foreclosure charges.

It is 0.25% on the loan amount.

No. We commit 100% transparency to you. There are no hidden charges at all.

We charge Rs. 1,000 per bounce for your Business Loan repayments.

We charge 2% per month on overdue amount.

It is advised that you maintain sufficient funds in your account for clearing loan EMIs regularly. However, in case of an EMI bounce we would be charging bounce charges of Rs. 1,000 per bounce. You could also attract penal charges on further delay in paying the EMI which can impact your credit score.

The foreclosure letter can be downloaded by logging in to our Customer Portal.

Login to our Customer Portal and go to make part-payment.

Login to our Customer Portal and go to foreclose your loan.

Your EMIs will be auto deducted from your bank account via automatic ECS instruction.

Log in to our Customer Portal and select the additional withdrawals tab.

The loan amount will be credited directly to your bank account.

ECS is an electronic mode of funds transfer from one bank account to another. You need to inform your bank and provide a mandate that authorizes the institution, who can then debit or credit the payments through the bank. The mandate contains details of your bank branch and account particulars.

Login to our Customer Portal to track the status of your application.

You can pay your overdue EMIs online through the Customer Portal. This facility is offered to customers who have Net Banking activated for their Bank account.

The part-payment or withdrawal will reflect in your statement within 30 minutes.

You can view and also download your Statement of Account or Repayment Schedule on Customer Portal. Alternatively, your statement of account will be forwarded to your registered email ID every month.

You can view and also download your Statement of Account or Repayment Schedule on Customer Portal. Alternatively, your statement of account will be forwarded to your registered email ID every month.

You can view and also download your Statement of Account or Repayment Schedule on Customer Portal.

Scanned copies of your loan documents are available on the Customer Portal.