Apply for Business Loans

  • Lending Kart
  • RBL
  • Janalakshmi Financial Services Ltd
  • Vistaar Finance
  • Edelweiss
  • Edelweiss
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Why apply through CreditMantri

CreditMantri matches your credit and demographic profile to lender's Business Loan lending criteria - others just match your demographic criteria. We shortlist lenders willing to lend to you based on our proprietary matching algorithm.

In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. We upfront check whether you qualify for Business Loan. Hence the chances of your Business Loan application getting approved is higher.

max tenure

12 mns

processing fee

1%

best rate

16%

  • Collateral-free business loan
  • Amount size - Rs. 50,000 to Rs. 1 Crore
  • Repayment tenure – 1 to 12 months
  • Online application and processing in 3 working days
  • Minimal documentation
  • Flexible repayment options (Bi-weekly, Monthly)
  • Interest rate – 16-27% per annum
  • Processing fees – 1% of the sanctioned amount
  • Bank Statements – Last 12 Months Current Bank Account Statements of the entity (till latest date) for all accounts/ OD accounts (PDF copies generated through Net banking or email from the bank)
  • VAT/Service Tax Returns (whichever applicable) for last 1 year of the entity
  • PAN of the entity and Date of Birth of the proprietor / partners / promoters (in case the application form is not filled)
  • Proof of activity** in case of proprietorship firms and copy of partnership deed in case of partnership firms
  • Documents required for specific applications
  • For clients from Food/Pharma/Chemical/Oil/petroleum industries, relevant statutory licenses might be required
  • Last two year’s detailed ITR computation or Balance Sheet with schedules required for cases, where turnover is more than 2 Cr. Or loan required is more than 10 Lacs.
  • Provisionals may be required depending upon the merit of the case.
  • Any one of the following documents can be accepted as proof of activity for the proprietorship firms.
  • Registration certificate (in the case of a registered concern)
  • Certificate / license issued by the Municipal authorities under Shop & Establishment Act
  • Sales and income tax returns
  • CST/VAT certificate

max tenure

3 yrs

processing fee

2%

best rate

19%

  • Loan amount from Rs. 15 Lakhs upto Rs. 35 Lakhs
  • Convenient loan repayment option of 12 to 36 months
  • No security or collateral required to avail this loan
  • Interest Rate - 19% to 20%
  • Processing fee - 2.5%
  • PAN Card – For Individual / Partnership Firm / Company, Passport Size Photographs of all applicants & co-applicants
  • ID Proof (any one) – Voter ID / Driving License / Passport / Aadhar Card
  • Address Proof (any one) – Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement
  • Ownership proof of either residence or office (in the name of applicant or jointly with family members)
  • Business Continuity Proof – Any one document dated 5 years old - Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed
  • Letter certifying end use of the business loan funds on Business Letterhead
  • Latest audited ITR and financials for the last 3 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
  • Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
  • Partnership Deed and partnership authority letter for partnership firms
  • Memorandum & Articles of Association, Board Resolution and Certificate of Incorporation (COI) for companies
  • Latest shareholding patterns for Private Ltd. / Public Ltd. companies
  • Professional Qualification Certificate and Degree Certificate for professionals

max tenure

10 yrs

processing fee

3%

best rate

16%

  • Business Loan up to 25 lacs.
  • Diversified Products
  • Loans without ITR (Surrogate) upto 72 months
  • Working /capital Loans.
  • Easy Repayment over 12 to 120 months.
  • Attractive Interest Rates
  • Quick and easy approval process
  • Balance transfer of existing Business loans.
  • Top up after completion of 11 months of existing loan
  • Interest Rate – 16 % to 18%
  • Processing Fee – 2% to 3%
  • KYC – ID Proof - PAN Individual, PAN company
  • Residence proof - passport, driver’s license, ration card, Aadhar
  • Bank Statements of main banking for last 6 months
  • Last 2 years Audited financials with PL & BS
  • Ownership proof of office
  • Last 2 years ITR

max tenure

10 yrs

processing fee

2%

best rate

18%

  • Customised solutions for a diverse set of entrepreneurs across multiple sector
  • Minimum Income Documents.
  • Loan based on asset creation in last 4 years in absence of Income documents (up to 20 lakhs)
  • Personal assistance to all the customers by Relationship officers for a hassle free and smooth loan process.
  • Loan based on Kacha bill available (up to 8 lakhs)
  • Interest Rate – 18 % to 26%
  • Processing Fee – 2%
  • KYC – ID Proof - PAN Individual, PAN company
  • Residence proof - passport, driver’s license, ration card, Aadhar
  • Bank Statements of main banking for last 6 months
  • Last 2 years Audited financials with PL & BS
  • Ownership proof of office
  • Last 2 years ITR
  • Bills and Collateral documents

max tenure

60 months

processing fee

2%

best rate

19%

  • Loan amounts upto 40lacs
  • Tenure upto 5 years
  • No collateral required
  • Target Market- Manufacturing Sector, Service sector, Traders
  • Interest rate – 19%
  • Processing fees – 2%
  • Last 2 years of audited financials and Income Tax returns
  • Bank Statements of last 6 months
  • Identity and address proof of the firm/company
  • Copy of PAN card and address proof of the owners
  • Signed application form.

max tenure

25 months

processing fee

2.5%

best rate

21.55%

  • Fixed rate EMI based ,Small ticket business loan
  • Fixed Ticket size of Rs.10 lacs
  • Fixed Tenure: of 25 months
  • Target Market:- Small business with turnover above Rs. 1 cr
  • Interest rate – 21.55%
  • Processing fees – 2.5%
  • Last 2 years of audited financials and Income Tax returns
  • Bank Statements of last 6 months
  • Identity and address proof of the firm/company
  • Copy of PAN card and address proof of the owners
  • Signed application form.