Back to Home

Business Loan

Fuel your business growth with flexible financing options tailored to your business needs.

Key Features

Quick approval within 48 hours
Flexible repayment terms up to 7 years
Competitive interest rates starting from 10.5%
Loan amount up to ₹50 Crores
Minimal documentation required
No hidden charges

Eligibility Criteria

  • Business operational for at least 2 years
  • Minimum annual turnover of ₹20 lakhs
  • Good credit score (above 650)
  • Proper business registration documents

Documents Required

  • Business registration certificate
  • Last 2 years ITR and Financial Statements
  • Bank statements for last 6 months
  • Identity and address proof
  • Business address proof

Benefits & Uses

  • Expand your business operations
  • Purchase new equipment or machinery
  • Increase working capital
  • Open new branches or locations
  • Tax benefits under Section 80C

Apply Now

Get instant approval for your business loan

Need Help?

+91 9004358660
info@equivion.in
EMI Calculator

Compare Bank Offers

Choose the best offer from India's leading banks. Compare interest rates, eligibility, and documentation requirements.

HDFC Bank

Interest Rate
10.50% - 21.00% p.a.
Loan Amount
₹10 Lakh - ₹40 Crore
Tenure
12 - 84 months
Processing Fee
Up to 2% of loan amount

Eligibility Criteria

Min Turnover:₹40 Lakhs per annum
Age:21 years - 65 years at maturity
Business Experience:3 years in current business, 5 years total
Credit Score:650+
Profitability:Profit-making for last 2 years

Required Documents

ITR: Last 2 years ITR with computation
Bank Statement: Last 12 months
GST: GST returns for 12 months (if applicable)
Financial Statements: Audited balance sheet and P&L for 2 years
Business Documents: Business registration, PAN, Aadhaar

Special Features

  • No collateral required up to ₹40 lakhs
  • Quick online application process
  • Flexible repayment options
  • Balance transfer facility available
Apply with HDFC Bank

ICICI Bank

Interest Rate
11.15% - 20.00% p.a.
Loan Amount
₹10 Lakh - ₹200 Crore
Tenure
12 - 60 months
Processing Fee
Up to 2.5% of loan amount

Eligibility Criteria

Min Turnover:₹40 Lakhs for non-professionals, ₹15 Lakhs for professionals
Age:25 years (28 for self-employed) - 65 years
Business Experience:Minimum 36 months in business
Credit Score:700+
Profitability:As per audited financials

Required Documents

ITR: Last 2 years ITR
Bank Statement: Last 6-12 months
GST: Last 6-12 months GST returns
Financial Statements: Audited financials for 2 years
Business Documents: Certificate of Incorporation, Partnership Deed

Special Features

  • GST-based loans up to ₹2 Crore
  • No financial statements required for GST loans
  • Instant in-principle sanction up to ₹1 Crore online
  • Overdraft facility available
Apply with ICICI Bank

SBI

Interest Rate
9.95% - 17.00% p.a.
Loan Amount
₹5 Lakh - ₹50 Crore
Tenure
12 - 120 months
Processing Fee
Up to 1.5% of loan amount

Eligibility Criteria

Min Turnover:₹25 Lakhs per annum
Age:21 years - 65 years
Business Experience:Minimum 3 years
Credit Score:700+
Profitability:Satisfactory track record

Required Documents

ITR: Last 3 years ITR
Bank Statement: Last 6-12 months
GST: GST returns for 6 months
Financial Statements: Balance sheet for 3 years
Business Documents: Business proof, PAN, Address proof

Special Features

  • Special schemes for MSMEs
  • Lower interest rates for existing customers
  • Doorstep service available
  • Government-backed schemes available
Apply with SBI

Axis Bank

Interest Rate
10.49% - 19.00% p.a.
Loan Amount
₹1 Lakh - ₹50 Crore
Tenure
12 - 60 months
Processing Fee
Up to 2% of loan amount

Eligibility Criteria

Min Turnover:₹50 Lakhs per annum
Age:21 years - 65 years
Business Experience:Minimum 3 years
Credit Score:675+
Profitability:Positive cash flow

Required Documents

ITR: Last 2 years ITR
Bank Statement: Last 12 months
GST: GST returns for 12 months
Financial Statements: Financial statements for 2 years
Business Documents: Business registration documents

Special Features

  • Digital documentation process
  • Quick turnaround time
  • Customized repayment options
  • Working capital term loan available
Apply with Axis Bank

Important Note

Interest rates and eligibility criteria are subject to change and may vary based on individual profile, credit score, and bank policies. The information provided is indicative and for comparison purposes only. Please verify current rates and terms directly with the respective banks before applying.

Ready to Get Started?

Apply now and get instant approval for your business loan

Apply Now