Business Loan Interest Rates

Axis bank

Axis bank

Interest Rates :
13% – 18%
Processing Fee :
Up to 2%
Loan Amount :
1 – 1.5Cr
Tenure Range :
3 Years
Key Feature
  1. Attractive interest rates
  2. Quick and easy approval process
  3. No collateral is required
  4. Doorstep service
  5. Balance transfer of existing Business loans.
Fees and charges
  1. Part payment fee : NiL
  2. Conditional pre-closure: After 3 EMI
  3. Pre – closure Charges : NiL
  4. EMI Bounce Charges : Rs. 500 per bounce + Service Tax as applicable
  5. Delay in Payment Charges: 2% per month on the overdue installment.

 

indusind bank

indusind Bank

Interest Rates :
14% – 26%
Processing Fee :
Up to 2%
Loan Amount :
1 – 15 Lakh
Tenure Range :
1-5 Years
Key Feature
  1. Attractive interest rates
  2. Quick and easy approval process
  3. No collateral is required
  4. Doorstep service
  5. Repayment on the basis of equated monthly installment(EMI)
Fees and charges
  1. Part payment fee: No part payment option.
  2. Conditional pre-closure: Only after 6 EMI.
  3. Pre – closure Charges: 4% of the Principal outstanding Amount.
  4. EMI Bounce Charges : Rs. 450 per bounce + Service Tax as applicable

 

indusind bank

indusind Bank

Interest Rates :
18% – 19%
Processing Fee :
Up to 3%
Loan Amount :
5L–30 Lakh
Tenure Range :
1-4 Years
Key Feature
  1. Attractive interest rates
  2. Quick and easy approval process
  3. No collateral is required
  4. Convenience of service at your doorstep
  5. Insurance Cover for Business your loan
Fees and charges
  1. Part payment : Allowed
  2. Conditional pre-closure: After 3 EMI
  3. Pre – closure Charges : 3 – 4%
  4. EMI Bounce Charges : Rs. 2000 per bounce + Service Tax as applicable
  5. Delay in Payment Charges: 2% per month on the overdue installment.

 

Capital First Bank

TATA Capital Bank

Interest Rates :
18% – 19.50%
Processing Fee :
Up to 2%
Loan Amount :
3L – 75 Lakh
Tenure Range :
6 month – 3 year
Key Feature
  1. Attractive interest rates
  2. Quick and easy approval process
  3. No security / collateral required
  4. Convenience of service at your doorstep
  5. Top-up loans available.
Fees and charges
  1. Part payment : NA
  2. Conditional pre-closure: After 6 EMI
  3. Pre – closure Charges : 5%
  4. EMI Bounce Charges : Rs. 400 per bounce + Service Tax as applicable
  5. Delay in Payment Charges: 2% per month on the overdue installment.