State Bank of India
SBI Business Loan
Rate from11.15%
Max amount₹5 Cr
EMI/L · 4y₹2,592
Disbursal7-15 business days
- Mudra loans available
- Collateral-free up to ₹2Cr
CIBIL: 700+ · Self-employed · Professional
Business Loans from 11.15%
Compare rates from 8 lenders. Zero spam calls.
EMI:₹32,810
at 11.15% (lowest available)
Showing 8 business loans
🎯 Not sure which loan fits? Try the Loan Finder — matched in 60 seconds, no phone number.
HDFC Bank
HDFC Bank Business Loan
Rate from11.50%
Max amount₹50 L
EMI/L · 4y₹2,609
Disbursal5-10 business days
- Collateral-free
- Digital-first application
CIBIL: 700+ · Self-employed · Professional
Lendingkart
Lendingkart Business Loan
Rate from12.00%
Max amount₹2 Cr
EMI/L · 4y₹2,633
Disbursal72 hours
- Online-first process
- Disbursal in 72 hours
CIBIL: 650+ · Self-employed · Professional
Bajaj Finance
Bajaj Finance Business Loan
Rate from14.00%
Max amount₹50 L
EMI/L · 4y₹2,733
Disbursal48-72 hours
- No collateral required
- Flexible EMI options
CIBIL: 685+ · Self-employed · Professional
Tata Capital
Tata Capital Business Loan
Rate from14.00%
Max amount₹75 L
EMI/L · 4y₹2,733
Disbursal3-5 business days
- Tata Group servicing
- Working-capital and term-loan options
CIBIL: 700+ · Self-employed · Professional
Axis Bank
Axis Bank Business Loan
Rate from14.25%
Max amount₹50 L
EMI/L · 4y₹2,745
Disbursal5-10 business days
- Pre-approved for Axis current-account users
- Overdraft and term-loan options
CIBIL: 700+ · Self-employed · Professional
ICICI Bank
ICICI Bank Business Loan
Rate from14.50%
Max amount₹2 Cr
EMI/L · 4y₹2,758
Disbursal7-15 business days
- GST-based eligibility
- Working-capital and expansion loans
CIBIL: 700+ · Self-employed · Professional
NeoGrowth
NeoGrowth Business Loan
Rate from15.00%
Max amount₹2 Cr
EMI/L · 4y₹2,783
Disbursal72 hours
- Revenue-based EMI
- POS/payment data underwriting
CIBIL: 650+ · Self-employed · Professional
Showing 8 of 8 business loans. Browse all loan types →
What is a business loan in India?
Business loans span working capital, equipment financing, and expansion. Rates start at 11.15% (SBI) and range to 28% at fintech NBFCs like Lendingkart or NeoGrowth. Collateral-free lending is possible up to ₹2 crore under the CGTMSE scheme — SBI, HDFC, and ICICI all participate. GST-registered businesses with 2+ years of filings get significantly better rates than informally-run entities.
How to choose the best business loan
- If you can wait 7-15 days, bank loans (SBI, HDFC) are 4-6% cheaper than NBFC alternatives.
- If you need cash in 72 hours, fintech NBFCs (Lendingkart, NeoGrowth) underwrite on GST + bank-statement data alone.
- Use CGTMSE-backed loans to skip collateral under ₹2 crore. The 2% guarantee fee is worth it if you’d otherwise pledge personal assets.
- Overdraft facilities beat term loans for seasonal businesses — you pay interest only on the drawn amount.
Want to calculate EMI for a specific loan amount and tenure? Use our EMI calculator. Looking for a different loan type? See our full loans hub.