At Fund Sarthi, we connect your business to loans from leading banks and NBFCs—tailored to your needs. Whether it’s expansion, inventory, working capital, or equipment purchase, we find the perfect loan match based on your profile. Fast approvals, competitive interest, and end-to-end support—so you can focus on growing your business.
Here’s a consolidated overview of the typical criteria required by lenders
Ensure a smooth application process by preparing these standard documents.
For All Applicants
| Lender | Rate of Interest |
|---|---|
| HDFC Bank | 10.75% p.a. - 22.50% p.a. |
| Axis Bank | 11.5% - 19% |
| ICICI Bank | Upto 16% |
| IDFC First Bank | 11.18% Onwards |
| Kotak Mahindra Bank | 11.75% - 26% |
| Tata Capital | 12% p.a. to 19% p.a. onwards |
| IIFL | Up to 36% p.a. |
| Lendingkart Finance | Upto 24% |
| Piramal Capital and Housing Finance Limited | 16% p.a. to 25% p.a. |
| Poonawalla Fincorp | 15% p.a. onwards |
| Tata Capital | 12% p.a. to 19% p.a. onwards |
| Federal Bank SME Loans | 11.60% p.a. to 17.35% p.a. |
| Standard Chartered Bank (Business Installment Loan) | 17.25% p.a. onwards |
An unsecured business loan is a type of loan that does not require the borrower to provide any collateral or security against the loan. Instead, the loan is granted based on the borrower's creditworthiness, financial history, and ability to repay the loan. As there is no collateral involved, unsecured business loans typically have higher interest rates than secured loans. However, they are a popular option for small business owners who may not have assets to offer as collateral or do not want to risk losing their assets in case of default.
To be eligible for an unsecured business loan with Fund Sarthi, your business should have been operational for at least three years and you must provide all the required documentation. Fund Sarthi will share your docs & inforomation with Lender to process your application.
The following elements determine the calculation of business loan EMI amounts:
Loan Amount: This is the most important aspect and the foundation for calculating monthly loan payments. The EMI amount tends to change according to the loan amount.
Rate of Interest:This is a critical component that is established by your income, credit score, business financial statements, and payback capability.
Loan Tenure:The loan tenure has the greatest influence on the EMI amount because it is the period required to repay the total loan amount plus interest. An increase in tenure results in a lower EMI amount.
[P*R*(1+R) (n*12)]
Where P is the principal amount borrowed, R is the annual interest rate, and N is the number of years. You can use our EMI calculator to rapidly determine your EMI amount for a given loan amount, period, and interest rate.
If you require a large sum of money for a one-time purchase, such as equipment or property, a business loan may be the ideal option. A line of credit could be a smart option if you need an ongoing finance.
The key benefits of an unsecured loan are that you need not pledge any of your assets to get financing.
yes theu can get GST - Business Loan/OD from many lenders as per below
OD facility up to ? 20.0 million to enterprises with sanction based on turnover reported in Goods and Services Tax (GST) returns.
Assessment based on turnover reported in GST returns.
Turnover: At least Rs ? 5.0 million.
Business/Promoter vintage: 24 months.
Eligible entities: Proprietorship firms, partnership firms, Limited Liability Partnerships (LLPs) and Companies.
Collateral: Self-occupied residential/ commercial/ industrial properties only.
Format: 12m, 36m, 3y, 7y
Monthly Payment:
₹0
Number of Payments:
0
Total Payments:
₹0
Total Interest:
₹0
