Business Loan Interest Rates In Pune

  • Business Loan fund is used for any business related purpose based on the requirement.
  • Easy repayment options are available.
  • Its a unsecured loan hence no need to submit a collateral.
  • Helps boosting your business to overcome your competitors in the market.
  • Quick disbursal within hours.
  • Best offers starting from 12.90%*.
  • Paperless approvel from major banks.

Apply for Business Loan @ 11.15%*

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Where You can use Business Loan

Purchase Land to Expand Operations.

If you want to purchase the land to expand your working area banks will believe that your business is successful and needs growing. In this condition banks most likely give the pre-approval to your applications and quickly land the money to you.

Purchase Equipments or Inventory

When we talk about Equipments, business have a couple of choices. They can purchase the equipments or they can lease it. Business Loan can be a good reason to purchase the equipments or to buy the inventory. To know whether its good to purchase equipments or to lease it a cost-benfit analysis is required.

Increase Your Working Capital

The money you use to manage day-to-day operations is known as working capital. Usually, the companies that have cyclical sales rely this type of loan to improve their day-to-day operations. Hence, Business Loan for improving working capital is a reasonable idea.

Compare Interest Rates

Bank Interest Rate Action
HDFC Bank 15.65%* Apply Now
Bajaj Finserv 18.00%* Apply Now
Yes Bank 16.25%* Apply Now
ICICI Bank 12.90%* Apply Now
Standard Chartered Bank 16.50%* Apply Now

Documents Required for Getting Business Loan

Do not wait any more, talk to us for your company requirements and we'll supply you the ideal company loan choices for you.

  • ID Proof
  • Board Resolution (If Pvt Ltd, co. is co-borrower/Partnership Authorization Letter (If partner company is co-borrower)
  • Ownership Evidence of Home or Office
  • Bank Statement 6 Months
  • Newest ITR of Co-Applicants -- For Final 2 Years
  • Evidence of Continuity of Company
  • CA Certified Audited P/L Acc Statement and Also for >40 Lacs Instances Audit report Together with Programs of P&L and Balance Sheet -- for Final 2 years
  • Address Proof
  • TR & Statement of Computation of Income -- for Final 2 Years

Eligibility criteria for getting Business Loan

For obtaining a Business Loan in Pune, the individual needs to be conducting a legitimate company with a sustainable income. For borrowers who need a Business Loan to begin a new company, there are a few additional requirements too they will need to fulfill. Different banks have different standards to rate debtor and sanction loans.

While approving the loan, following things are checked:
  • History, kind of Company and type of business.
  • Annual Money flow of the Company.
  • Annual Gain and Loss of the Company.
  • Annual Turnover of the Enterprise.

About Business Loan & Features

  • Overview
  • Business Loan In Pune
  • Business Loan Tips
  • Business Loan Faqs

A Business Loan is a type of bank debt that helps you to setup or expand your business. A Business Loan can be a secured or an unsecured one. In a secured Business Loan the borrower has to submit any collateral like property or a valuable asset to the bank so that in the case of any default bank could sell the property and get back its money. In an unsecured Business Loan, the collateral is not required to submit to the bank. The later type is more riskeir to the bank hence the interest rate may be higher in compare to the secured one.

The Business Loan may be many types when it comes to the purpose while expensing the loan amount. A Business Loan can be:

Term Loan: A term loan is a Business Loan that is used for aquisition of long-term fixed assets like machines, extra setup for operations, building, land etc. The interest rates for a term loan can be a fixed or a floating type. In a Short-Term-Loan, the loan tanure can be in the range of 3 to 18 months. In a normal term loan the tanure is from 2 years to 10 years.
Business Line of Credit: Business line of credit provide flexibility that normal Business Loan doesn't provide. In business line of credit a certain limit of amount is approved. You can withdraw amount upto the limit and the interest will be paid only on the withdrawn amount.
Invoice Financing: In invoice financing type of Business Loan, the money is borrowed against the money that is due on the customers. So the businessmen don't have to wait until their clients pay the money.
Merchant Cash Advance: A Merchant Cash Advance is a Business Loan or advance on the borrower's credit card sales. This is a good option for the businesses that have the good number of debit card/credit card transactions per month.
BookMyMoney: One of The Best Places to Get Business Loans

Many banks provide Business Loans ranging from quick Business Loans to small Business Loans in India on different terms and interest rates. Going to each one of them is difficult and time and resource wasting when you can have all the information you need at your tips with BookMyMoney.
BookMyMoney has the most extensive collection of the best Business Loans. All you have to do is inform us about your needs, and we'll assist you in finding a Business Loan which works for your company requirements.

Compare Before You Buy

It is essential to do proper research before getting your hands into anything. More so when you're obtaining a Business Loan, then you have to compare your selections. BookMyMoney allows you to compare Business Loans interest rates before you make up your mind for the perfect choice.



Apply Online for Business Loan

Maximum APR (Annual Percentage Rate) 10.75% - 22%.
Fee applicable for BookMyMoney Rs 0.

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