Business Loan Approval in 24 Hours
Fuel your business growth with an instant business loan through Samridhya. Get up to ₹40 Lakhs for unsecured loans or up to ₹5 Crore through CGTMSE — with interest rates starting from 12% p.a., flexible tenure up to 5 years, and a 100% paperless application process designed for MSMEs, self-employed professionals, and entrepreneurs.
₹40 Lakhs
Unsecured Loan
₹5 Crore
CGTMSE Loan
From 12%
Interest Rate
Up to 5 Years
Tenure
Types of Business Loans Available
Samridhya connects you with multiple business loan products through our ONDC-powered lending network.
| Loan Type | Max Amount | Interest Rate | Collateral | Best For |
|---|---|---|---|---|
| Unsecured Business Loan | ₹40 Lakhs | 14% – 30% | None | Working capital, small expansions |
| GST-Based Business Loan | ₹40 Lakhs | 12% – 24% | None | GST-registered businesses with regular filings |
| CGTMSE Loan | ₹5 Crore | 10% – 18% | None (govt. guarantee) | MSMEs needing large collateral-free funding |
| Loan Against Property | ₹10 Crore+ | 9% – 16% | Property | Large capital requirements at lowest rates |
| Equipment / Machinery Loan | ₹2 Crore | 11% – 20% | Equipment itself | Manufacturing, construction businesses |
Why Choose Samridhya for Business Loans?
Built for MSMEs
Our platform is designed specifically for India's micro, small, and medium enterprises. We understand the documentation challenges MSMEs face and offer streamlined processes accordingly.
GST-Based Fast Track
Businesses with regular GST filings get priority processing. Your GST data helps lenders assess creditworthiness faster, often resulting in approval within 4 hours.
CGTMSE Coverage Available
Access the government's credit guarantee scheme for collateral-free loans up to ₹5 Crore. We guide you through the CGTMSE application process end-to-end.
Multiple Lender Comparison
Compare business loan offers from multiple banks and NBFCs simultaneously via the ONDC network. Choose the offer with the best rate and terms for your business.
No Collateral for Unsecured Loans
Unsecured business loans up to ₹40 Lakhs require no property or asset pledge. Your business performance and credit history are the only requirements.
Flexible Repayment Options
Choose from EMI-based repayment, overdraft facilities, or bullet repayment schemes. Tenures range from 12 months to 60 months based on your cash flow needs.
Business Loan Eligibility Criteria
- Business vintage of at least 1-2 years (varies by lender)
- Sole proprietorship, partnership, LLP, or private limited company
- Self-employed professionals (doctors, CAs, architects, consultants)
- Minimum annual turnover as per lender criteria (typically ₹10-50 Lakhs)
- Personal CIBIL score of 650+ (700+ preferred for best rates)
- GST registration preferred (mandatory for GST-based fast-track loans)
- Active bank account with minimum 12 months of transaction history
- No existing loan defaults or settlements in the last 12 months
Not sure if you qualify? Check your credit score for free before applying.
Documents Required
PAN Card (Business + Personal)
Mandatory for all applicants
Aadhaar Card
For e-KYC verification
ITR with Computation
Last 2 financial years
Bank Statements
Last 12 months of primary business account
GST Registration & Returns
Last 12 months (for GST-based loans)
Business Proof
Registration certificate, GST certificate, or Shop Act licence
Address Proof (Business)
Utility bill, lease deed, or property tax receipt
Financial Statements
Balance sheet and P&L for last 2 years (if available)
Business Loan vs Personal Loan — What Should You Choose?
| Parameter | Business Loan | Personal Loan |
|---|---|---|
| Purpose | Business-related expenses only | Any personal or business purpose |
| Eligibility | Based on business turnover + credit score | Based on salary/income + credit score |
| Documentation | ITR, GST returns, bank statements, business proof | PAN, Aadhaar, salary slips, bank statements |
| Max Amount | ₹40 Lakhs (unsecured) / ₹5 Cr (CGTMSE) | ₹40 Lakhs |
| Interest Rates | 12% – 30% p.a. | 10.99% – 36% p.a. |
| Tax Benefits | Interest is tax-deductible as business expense | No tax benefits |
| Approval Time | 24-48 hours | 10 minutes – 24 hours |
| Best For | Business owners, MSMEs, self-employed | Salaried individuals, personal needs |
If you're a salaried individual, a personal loan may be faster and easier to obtain.
Explore Other Loan Options
Personal Loan
Up to ₹40 Lakhs for salaried individuals with instant approval.
Gold Loan
Loan against gold from 7.99% p.a. with 30-minute disbursal.
Education Loan
Finance domestic and international education programs.
Business Loan EMI Calculator
Calculate your monthly EMI for any business loan amount.
Credit Score Checker
Check your CIBIL score for free before applying.
EMI Calculator
Compare EMIs across different loan amounts and tenures.
Business Loan — Frequently Asked Questions
- What is a business loan?
- A business loan is a credit facility designed to fund business operations, expansion, equipment purchases, inventory, working capital, or any other business-related expense. Unlike personal loans, business loans are evaluated based on your business vintage, turnover, profitability, and GST filing history in addition to your personal credit score.
- Who is eligible for a business loan through Samridhya?
- Business loans are available to sole proprietors, partnership firms, private limited companies, LLPs, and self-employed professionals. You need a minimum business vintage of 1-2 years, annual turnover as per lender criteria, and a personal CIBIL score of 650+. GST-registered businesses often get faster approvals and better rates.
- What is the maximum business loan amount?
- Through Samridhya's partner lenders, you can apply for business loans ranging from ₹50,000 to ₹40 Lakhs for unsecured loans. CGTMSE-backed loans are available up to ₹5 Crore for eligible MSMEs. The sanctioned amount depends on your business turnover, profitability, and credit profile.
- What is a CGTMSE loan?
- CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a government scheme that provides credit guarantees to lenders, enabling them to offer collateral-free loans up to ₹5 Crore to eligible MSMEs. Samridhya helps you access CGTMSE-backed loans through our partner NBFCs.
- What documents are required for a business loan?
- Typical documents include: PAN card (business and personal), Aadhaar card, last 2 years' ITR with computation of income, last 12 months' bank statements, GST registration and returns (last 12 months), business proof (registration certificate, GST certificate, or shop act licence), and address proof of business premises.
- How long does business loan approval take?
- Unsecured business loans through Samridhya are typically approved within 24-48 hours. GST-based instant business loans can be approved in as fast as 4 hours for businesses with strong GST filing history. CGTMSE loans may take 5-7 business days due to additional verification requirements.
- What is the interest rate for business loans?
- Business loan interest rates through Samridhya start from 12% p.a. for secured loans and 14% p.a. for unsecured loans. Rates depend on your business vintage, turnover, profitability, credit score, and the specific lender. GST-registered businesses with regular filings often qualify for lower rates.
- Do I need collateral for a business loan?
- Unsecured business loans up to ₹40 Lakhs do not require any collateral. For CGTMSE-backed loans up to ₹5 Crore, the government guarantee eliminates the need for collateral. Secured business loans (loan against property) may offer higher amounts at lower rates but require property as security.
- Can I get a business loan with a low credit score?
- While a CIBIL score of 700+ is preferred for the best rates, some of our partner lenders consider applicants with scores as low as 600 — especially if the business has strong GST filings, consistent turnover, and healthy bank statements. CGTMSE-backed loans may also have more flexible credit requirements.
- What can I use a business loan for?
- Business loans can be used for working capital, purchasing equipment or machinery, inventory management, business expansion, hiring staff, marketing and advertising, renovating business premises, purchasing commercial vehicles, or any other legitimate business purpose. There are typically no restrictions on end-use for unsecured business loans.
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