Business Loan

After you get your loan approved, comes the repaying process. Business Flexi Loans from HDFC come as a strategic plan that could help you better manage your finances. You can deposit or withdraw money from your flexi loan accounts, depending on your cash flow. That means, you can either prepay or ‘down-draw’ against your loan as well as make multiple withdrawals as long as you stay within your credit limit. It’s akin to an overdraft facility.

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Grow your small firm or large-scale company with business loans from HDFC Bank. Our business loans come with a host of benefits and are tailormade to meet your unique business needs. We offer among the best business loans in India, with complete transparency and competitive interest rates. Also, our business loans do not require any security.

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Still thinking? When it comes to.
  • Flexibility to manage your cash flow in more efficient way.
  • Giving you more control over your loan amount.
  • Flexi loans offer you the ease of prepaying and withdrawing your loan amount as per your convinience.

Avail of a loan up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations) without any collateral, guarantor or security, to fulfil your every business need, from business expansion and working capital, to your child's education or a home renovation.It provides Overdraft facility without any security. Limit is set in separate Current account which drops monthly till end of the tenure. Pay the interest only on the amount utilized.

In case of Natural/Accidental Death of the customer, the customer/nominee can avail of the Payment Protection Insurance (Credit Protect), which insures the principle outstanding on the loan up to a maximum of the loan amount. Avail of a loan up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations) without any collateral, guarantor or security, to fulfil your every business need, from business expansion and working capital, to your child's education or a home renovation.

It provides Overdraft facility without any security. Limit is set in separate Current account which drops monthly till end of the tenure. Pay the interest only on the amount utilized.

It provides Overdraft facility without any security. Limit is set in separate Current account which drops monthly till end of the tenure. Pay the interest only on the amount utilized.

  • Dropline Overdraft Facility up to Rs.5 Lac - 15 Lac
  • *No Guarantor / Security required.
  • Tenure ranging from 12-48 months.
  • Attractive Rate of Interest
  • No Foreclosure / part Closure shall be permitted during the first 6 months of the limit setting.

The following people are eligible to apply for a Business Loan:

  • Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.
  • The business should have a minimum turnover of Rs. 40 lakhs Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.
  • Those whose business has been profit making for the previous 2 years The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum
  • The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity

The following documents are required along with your Business Loan application:

  • PAN Card – For Company/Firm/Individual
  • A copy of any of the following documents as identity proof:
  • Aadhaar Card
  • Passport
  • Voter's ID
  • PAN Card
  • Driving License
  • A copy of any of the following documents as address proof:
  • Aadhaar Card
  • Passport
  • Voter's ID Card
  • Driving License
  • Bank statement of the previous 6 months
  • Latest ITR along with computation of income, Balance Sheet and Profit & Loss account for the previous 2 years, after being CA Certified/Audited
  • Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
  • Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]

Simple Loan Process

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Choose Loan Amount

Choose your loan amount and terms to use loan

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Provide Document

Need to provide some basic document to verification

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Approved Loan

Our loan specialist ask fews question and verify docuements.

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Get your Money

Once loan aprroved you get loan amount credit.

Quick loan Process

Quick Loan
Approvals

Customer Satisfaction

Customers
Satisfied

No Hidden Charges

No Prepayment or
Hidden Fees

Best After Sales Support

Best After Sales Service