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What Is Business Loan?

A business loan helps you cover expenses related to the operation, management, and expansion of your business. This encompasses working capital for daily business requirements, acquiring equipment and real estate, and managing inventory. Business loans are versatile and applicable to startups as well.

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    Simple Application Process
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    Easy repayment options
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    Minimum paperwork
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    Flexible Tenure

Our Business Loan Plans

Explore our simple and flexible Business Loans to take your business to the next level

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Secured Loan

Get quick access to funding for your business financial needs

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Unsecured Business Loan

Apply online and get instant funding for your business

Compare Our Business Loan Plans

A quick glance at how business loan plans differ from each other.

PLAN TYPE UNSECURED BUSINESS LOAN SECURED BUSINESS LOAN
Best for Those who want an instant loan without the hassle of paperwork Those seeking cost-effective credit with a quick turnaround.
Loan Amount Up to  ₹15 lakhs Up to ₹25 Cr.
Tenure  12months to 36 months Up to 12 years
Additional Features Everything will happen online, no need for branch visits.
The average turnaround time is 7 days from the date of receipt of all required documents
APPLY NOW APPLY NOW

Business Loan
Interest Rates

image Loans up to 12 months
The Short Term Reference Rate (STRR) would be considered which is 17.65% p.a
image Loans more than 12 months
The Long Term Reference Rate (LTRR) would be considered which is 18.65% p.a.

Business Loan Fees and Charges

Charge Type Amount
Cheque Return charges ₹1000 + GST per instance
Default Penal charges 3% of pending amount per month
Charges for cancellation of Loan

4% of loan amount disbursed + applicable taxes

CIBIL report retrieval fees  ₹100 + GST per instance
Charge for Exchanging PDCs / ECS ₹750 + GST per instance
Loan re – schedule charges  ₹7500 + GST per instance
Stamp Duty As per Actual if applicable
Insurance Premium As per Actual if applicable
Pre – closure Quote ₹2500 + GST per instance
Any other charges As per Actual if applicable
Part - Pre Payment Charges

4% + GST on Remaining Loan amount 

 

Conditions

A) No pre-payment is allowed in first 6 months from the date of disbursement

B) Part - Payment amount should be equal to OR greater than total of 3 EMIs.

C) In the first year of loan tenure, part-prepayment is allowed only once.


Foreclosure Charges

4% of the Principal outstanding amount + GST

Condition:

Foreclosure is allowed only after 12 months from the date of loan disbursal.


Business Loan Calculators

Get a clearer picture of your loan requirements before applying.

What is a Business Loan EMI Calculator?

A Business Loan EMI calculator computes your monthly loan repayment amount, helping you foresee and manage repayments conveniently. It also helps you make wise financial choices by ensuring you can afford the loan in the given loan period.

How does the calculator work?

The calculator estimates monthly payments based on the loan amount, expected interest rate, and the tenure of your selection. All you need to do is provide the required data and the calculator will take care of the rest.

Business Loan Amount
Tenure (1 to 10 Years)
Rate of Interest (8 to 25%)
I can pay EMI of
Tenure (1 to 10 Years)
Rate of Interest (8 to 25%)

Interest

Payout

Your EMI Details

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Total Interest

0

Total Payout

0

Customer Satisfaction Stories

Hear from our happy customers what they have to say about their experience with us.

Hear What The Experts Have To Say

I appreciate the online documentation process which helped in ease of my loan process. I could get loan information through WhatsApp and other digital platforms.

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Mr. Vikram Balu Gavali

Aditya Birla Capital Customer

Belapur, India

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Ashesh Shah

Aditya Birla Capital Limited

1 Jan 1
Hear What The Experts Have To Say

Seamless onboarding experience and great support provided by the Relationship Manager during the documentation process.

Hear What The Experts Have To Say
Mr. B. Narsimulu

Aditya Birla Capital Customer

Hyderabad, India

Hear What The Experts Have To Say
Hear What The Experts Have To Say
Mr. Pramod Kumar Saini

Aditya Birla Capital Customer

1 Jan 1

Different financial needs, different loans,
one app - ABCD

For weddings, travel, vehicle purchases, or any other obligation, fulfil any need with personal finance solutions offered by the ABCD app.

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    Choose a loan tailored for your business needs
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    Simple online application process
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    Quick loan disbursals with minimal documentation

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FAQs on Business Loan