Overview
Unsecured Business Loan
An unsecured business loan gives your company access to working capital without pledging any collateral or security. It's designed to support day-to-day operations and growth plans while protecting your fixed assets, so the business can keep running smoothly even during unexpected disruptions. Approval is based on your business's credit profile and repayment history rather than physical security — making it a fast, flexible way to fund your business's next stage of growth.
Keypoints
Keypoints of Unsecured Business Loan
- Best suited for manufacturers, traders, service providers and professionals (doctors, CAs, architects) who aren't looking for long-term commitments.
- Funding without mortgage, collateral, security or a guarantor.
- Loan sanctioned in the name of your firm — proprietorship, partnership, private limited or limited company.
- No annual renewal, and no need to submit monthly debtor-creditor lists or stock statements.
- No restriction on how the funds are used once disbursed.
- Multiple financing sources can be arranged at the same time, with loan amounts up to ₹20 Crore.
- Transparent terms, competitive rates and fast processing throughout.
Why Choose This
Built Around How Your Business Runs
Credit-based Approval
Flexible Loan Repayment
Speedy Turnaround Time
Low Interest Rates
Before You Apply
Documents & Eligibility
What you'll need on hand, and what we check before sanctioning the loan.
Documents Required
| 1 | Last 12 months' GST returns. |
| 2 | Last 12 months' current and cash credit account statements. |
| 3 | Sanction letters and repayment schedules of all existing loans. |
| 4 | Copy of identity proof (Aadhaar card, driving licence, or voter ID). |
Eligibility Criteria
| 1 | Minimum turnover of ₹1 Crore. |
| 2 | Minimum 3 years of business continuity. |
| 3 | Good track record on existing loans. |
| 4 | Details of security or collateral, where applicable, for secured loan variants. |