Unsecured Business Loan: Collateral-Free Business Finance

1800 270 7000

Home Loan

Find customised home loan solutions for your unique needs

Balance Transfer

Find a better interest rate for your existing home loan

Top up Home Loan

Get a loan on your existing home loan to meet your needs

Credit Track

Discover your financial fitness - check your credit score

Check Now

Home Loan EMI Calculator

Get an estimate of your Home Loan EMI now

Calculate Now

Mortgage Calculator

Calculate your Loan amount for your Current property

Know More

Home Loan Eligibility Calculator

Are you eligible for a Home Loan? Find out now!

Calculate Now

What is
Unsecured Business Loan
?

Fuel Your Business Growth with Instant Financing Get access to unsecured business loans tailored to your business needs. Whether you're planning to expand operations, purchase assets, manage working capital, or seize new business opportunities, our digital lending solution provides fast approvals, minimal paperwork, and swift disbursal. Designed specifically for MSMEs, sole proprietors, and small businesses looking for convenient and reliable funding. Fast & Seamless Journey Minimal Documentation Flexible Repayment Structures - 12 to 84m Financial Flexibility

The Aditya Birla Capital business loan is a unique offering, in that it is a business loan provided in India without security. It helps businesses in an increasingly competitive environment by providing the edge through funding – companies can take loans for business expansion, machinery purchase, or to even start a new business. We offer businesses the opportunity to realize their goals by fulfilling various financial needs, from working capital requirement to debt consolidation, and asset acquisition. The product has been designed for individual and non-individual entities, either self-employed entrepreneurs, traders, manufacturers and/or companies.

Our Business Loan Plans

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

Key Features and Benefits of a Unsecured Business Loan
From high loan amounts to quick disbursals and no collateral requirements, business loans are designed to support your growth, your way.

Flexible Plans

Our simple and flexible business loans help take your business to the next level. Choose between Secured Loans for higher funding and Unsecured Business Loans for fast, collateral-free access.

Loan of up to ₹2 cr

Get funding for all your business needs with loan amounts ranging from ₹2 lakh to ₹2 cr lakh, suitable for both short-term and large-scale expenses. You can also use a business loan EMI calculator to plan your repayment better.

Convenient tenures of up to 7 years

Select a repayment tenure that fits your budget with options ranging from 12 to 84 months, offering you financial comfort over time.

Money in your bank account in 48 hours*

Once your instant business loan is approved, the sanctioned amount is typically disbursed to your bank account within 48 hours*.

No hidden charges

All applicable fees are mentioned upfront in your loan documents, ensuring complete transparency when you apply for business loan.

No collateral required

You don’t need to pledge any assets or property. Our business loan is completely unsecured and hassle-free.

Online application process

Apply for business loan online from anywhere, anytime — and track your application digitally for added convenience. Our business loan process ensures minimal paperwork and faster approvals.

Flexible Tenure

Tailor your repayment plan to suit your financial goals with our flexible tenure options, ranging from 12 to 84 months.

Eligibility Criteria for Unsecured Business Loan

Before applying for a Udyog Plus Unsecured Business Loan, ensure you qualify by checking your eligibility here.

Eligibility Criteria for Unsecured Business Loan

Age You should be between 25 and 65 years old at the time of application.
Business Vintage Your business should be operational for a minimum of 2 years to meet basic business loan eligibility.
Credit Score A CIBIL score of 685 or higher is preferred to improve your chances of approval and secure a competitive business loan interest rate. The minimum acceptable score is 650.
Business Type Startups, MSMEs, Proprietors, Partnership Firms, Pvt Limited, Public Limited Companies, Trusts
Ineligible Entities Charitable organisations, NGOs, and trusts are not eligible to apply for a business loan.
Blacklisted Categories The business must not fall under any blacklisted categories, and the office location should not be listed on any negative registry.
Turnover Minimum 1 Cr

Documents Needed for Unsecured Business Loan

To ensure a smooth loan application process, keep these documents ready before you apply for business loans.

KYC Documents Pan, Aadhar, Driving License, Passport, Voter ID
Identity & Address Proof Submit PAN Card, Aadhaar Card, and utility bills of the borrower and all co-borrowers to verify identity and personal/business address.
Business Proof GST Certificate, Udhyam Certificate, Shop Act License
Business Registration Documents Include relevant documents such as GST registration, Shop Act licence, Udyam registration, or proof of business registration. For partnerships, submit a copy of the partnership deed and company PAN Card.
Financial Documents Provide your latest Income Tax Returns, audited financial statements, and Balance Sheet and Profit & Loss statements for the past 1–2 years. These help establish creditworthiness.
Submit bank account statements from the last 6–12 months of your primary business account. These statements are crucial for evaluating cash flow and are required even for online business loans.
Other Required Documents Signed loan agreement for term loan facilities.
KYC documents for all co-borrowers.
Additional documents may be requested for further credit assessment.

3 Simple Steps to Secure Your Unsecured Loan for Business

1step

Identify Your Needs

Determine the exact funding requirement needed for your business expansion or capital needs.

2step

Share Basic Details

Fill out our brief online form with your basic personal and professional information.

3step

Connect with an Expert

Our dedicated relationship manager will immediately get in touch with you to complete the process smoothly.

Revision of Reference Rates for determining Interest Rates on loans

Loans up to 12 months

Interest is calculated on the Short Term Reference Rate (STRR).

STRR w.e.f. from October 26, 2026 is 19.70% p.a.

Loans more than 12 months

Interest is calculated on the Long Term Reference Rate (LTRR).

LTRR w.e.f. from October 26, 2026 is 20.70% p.a.

A high credit score signals reliability to lenders and can help you get lower personal loan interest rates.

High existing debt can lead to higher interest, as lenders see more risk in lending to heavily indebted borrowers.

Stable income and employment history make you eligible for personal loans with low interest rates, as lenders perceive lower risk.

Different banks and NBFCs have varying interest rate structures, so comparing offers helps identify the personal loan minimum interest rate available to you.

Larger loans or longer repayment tenures may attract slightly higher personal loan rates due to increased risk.

Customer Satisfaction Stories

Mr. Hiralkumar Ashokbhai Patel

Aditya Birla Finance Customer

Mr. Pramod Kumar Saini

Aditya Birla Finance Customer

Ashesh Shah

Aditya Birla Capital Limited

Mr. Baijnath Choudhary

Aditya Birla Capital

Mrs. Snehal Rajpure

Aditya Birla Finance Customer

FAQ's on Unsecured Business Loan

An Unsecured Business Loan is a collateral-free loan offered to eligible businesses to meet various business requirements such as expansion, working capital management, inventory purchase, equipment acquisition, and other growth-related expenses

MSMEs, sole proprietorships, partnership firms, LLPs, private limited companies, and other eligible business entities can apply for a business loan, subject to meeting the lender's eligibility criteria.

No. This is an unsecured business loan, which means you are not required to pledge any collateral or security against the loan.

Customers whose CIBIL score start from 650 can avail unsecured business loans

ABC Of Business Loans

VIEW ALL ARTICLES

Financing Solutions

What is Repo Rate? Introduction & How it Works

27 January 2026

Financing Solutions

What are Foreclosure Charges on a Personal Loan?

10 November 2025

Financing Solutions

How Does CIBIL Score Increase? 5 Expert Tips to Boost It from 600 to 750

10 November 2025

Financing Solutions

Can an 18-year-old Get a Personal Loan?

10 November 2025

Financing Solutions

What is a Personal Loan Deferment? Know About its Working

7 November 2025

Financing Solutions

How to Check Your Personal Loan Outstanding Balance: A Complete Guide

7 November 2025

Financing Solutions

How to Use Personal Loan for Home Renovation

7 November 2025

Financing Solutions

Impact of Co-applicant’s CIBIL Score on Your Personal Loan Application

7 November 2025

VIEW ALL ARTICLES

Step 1

Step 2

Step 3

Finish

Disclaimer

Call 1800 270 7000 OR write to us at care.finance@adityabirlacapital.com.

For more details, to know your personal loan eligibility, access the product brochure or to set a meeting with our relationship manager.

The information presented on this page is intended solely for general informational purposes and does not constitute financial, investment, or professional advice. This content has not been authored by, nor does it represent an official communication from, Aditya Birla Capital Digital Limited. It is compiled from publicly available secondary sources, which may be subject to change without prior notice. Readers are strongly advised to conduct their own independent research and seek guidance from licensed financial advisors before making any investment decisions. All investments carry inherent risks, including the potential loss of principal. Past performance is not indicative of future results.

Key Benefits

What is Unsecured Business Loan ?