Get Your Business Growth with a Fast Business Loan!
We provide up to 1 crore business loans from our partner banks and NBFC companies.
Business Loan
Obtain up to 1 crore business loan from our 95+ lenders. Digitally, you can get the loan with an online application.
Get Offers & Digital Loan
Up to 1 Crore Business Loan
Up to 84 months Tenure
Minimum Documents Need
95+ NBFCs Available
Features of Business Loan Apply
- The loan process journey is digital & online without a branch visit.
- Depending on the lenders, interest rates start from 11.50% to 18%.
- You can get up to 1 crore digital business loan without going to a branch.
- WEB ZON joined with 95+ lenders that give you numerous options for the loan application.
- Get various business loans such as Working Capital Loan, Term Loan, Machinery Loans, etc.
Business Loan Eligibility Criteria
Type of Business: Your business must fall under sole proprietorships, partnerships, limited liability companies, etc.
CIBIL Score: Borrower credit score of -1 or 700+ should be required.
Annual Turnover: Business turnover must be 60 lakh within 1 year.
Age: Your age, 21 to 60 years required for the loan application.
Nationality: Indian residence only applicable.
Vintage Proof: Business vintage proof must be 2 years old with proper documents.
Documents Required for Apply Business Loan
- You can get a business loan for various categories, such as sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and more.
- Vintage Proof: Minimum 2 years old vintage proof required.
- Bank Statement: For loan eligibility, your bank transactions should be 30 lakh within 6 months.
- Residential Proof: Borrower’s Electricity bill, Property tax, Property Paper, one of the documents as residential proof.
- Co-applicant: Some lenders want to add a co-applicant for a business loan. Add a co-applicant of spouse, mother, or father.
- Other Documents: Some lenders ask for other documents like MSME Certificate, Trade License, Income Tax File, etc.
Business Loan EMI Calculator
You can use the business loan EMI calculator to know the monthly repayment amount. Follow 3 simple steps to get the EMI calculation result:
- Enter Loan Amount
- Enter Interest Rate
- Give Loan Tenure in months
Boom.. You will now get the result. Click on “Calculate” result.
Loan EMI Calculator
Total Down Payment (TDP)
(TDP = D + P)
Loan EMI (LE)
(PLA= A - D)
(PLA = Principal Loan Amount)
(LE = [PLA x R x (1+R)^T]/[(1+R)^T-1] )
Total Interest Payable (TIP)
(TIP = LE * T)
Total Payment (TP)
(TP = LA + TIP + P)
Fees and Charges for Business Loan
The business loan fees are different based on the lenders. You will get basic ideas of business loan charges in the tables below:
Processing Charges: 1.5% to 5% of the total loan amount.
Foreclose Charges: Depending on the lender
Stamp Duty Charges: Zero
Penal Charges: Zero
EMI or Cheque Bounce Charges: Rs. 499/- to Rs. 699/-
Business Loan Reviews
FAQ
Most frequent questions and answers
Borrow loan without ITR file is possible from WEB ZON. As you know, we are connected with multiple banks.
You can get 10 lakh loan with minimal documents. But, you have to eligible to obtain the loan. Your bank account minimum 40 lakh credit need within 6 months and 2 year Trade License and MSME Certificate required.
Yes, you can take loan at 680 credit score. But minimum 60 lakh credit must required on your bank statement.
It is possible to get business loan without branch visit. Just provide us all documents and all process done online.
We are Available in Cities
- Kolkata
- Gujarat
- Bhopal
- Surat
- Indore
- Raipur
- Vadodara
- Hazira
- Mumbai
- Lucknow
- Hyderabad
- Vapi
- Pune
- Delhi
- Bangalore
- Valsad
- Jodhpur
- Nashik
- Silvassa
- Varanasi
- Daman
- Mangalore
- Diu
- Udvada
- Kevadiya
