Business Loan
Business Loan Eligibility Checker
Business loans help established businesses fund working capital, equipment purchases or expansion. Lenders assess eligibility using business vintage, turnover, GST filings and the promoter's personal credit profile alongside the business's financial health.
Business Loan at a Glance
| Interest Rate | 10.75% - 26% p.a. |
|---|---|
| Loan Amount | ₹1 Lakh - ₹5 Crore |
| Tenure | 1 - 7 years |
Eligibility Criteria
Who Typically Qualifies
- Business vintage of at least 1-3 years, depending on lender
- Minimum annual turnover thresholds (varies widely by lender)
- Personal credit score of the promoter/proprietor, typically 650+
- Consistent GST and ITR filings for the business
Documents Needed
Keep These Ready
- Business registration and GST certificate
- ITR and financial statements for 2-3 years
- Bank statements for the last 12 months
- KYC documents of proprietor/partners/directors
See Your Business Loan Eligibility Score
Answer a few questions about your income and profile to get an instant, free eligibility estimate - no impact on your CIBIL score.
Check Eligibility Now22 Lenders Offering a Business Loan
Each lender's own business loan criteria - age, income, credit score, rates and documents - on its page.
- AU Small Finance Bank
- Aditya Birla Capital
- Axis Bank
- Bajaj Finserv (Bajaj Finance)
- Bandhan Bank
- Cholamandalam Investment & Finance
- HDB Financial Services
- HDFC Bank
- ICICI Bank
- IDFC FIRST Bank
- IIFL Finance
- Indian Bank
- IndusInd Bank
- Kotak Mahindra Bank
- L&T Finance
- Mahindra Finance
- Poonawalla Fincorp
- RBL Bank
- Shriram Finance
- State Bank of India
- Tata Capital
- YES Bank
Business Loan FAQs
Most lenders require a minimum business vintage of 1 to 3 years, along with consistent GST and ITR filings, before considering a business loan application.
Yes. For proprietorships and many small businesses, lenders assess the promoter's personal credit score alongside the business's financial health.
It is harder - most traditional lenders prefer established businesses. Newer businesses may need to explore working capital or collateral-backed options instead.
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