Cash-flow based underwriting
We read your GST returns, UPI settlements and bank credits — a strong business without a long balance sheet still gets a fair hearing.
Business / MSME Loan
Working capital and growth funding for shops, traders, manufacturers and service businesses — sized on your cash flows, not on a rigid template.
Working capital
Stock the shelves. Take the bigger order.
Working capital and growth funding for shops, traders, manufacturers and service businesses — sized on your cash flows, not on a rigid template.
| Loan amount | ₹1 Lakh – ₹50 Lakh |
| Tenure | 12 – 60 months |
| Interest rate | 15.00% p.a. onwards |
| Processing fee | 2.00% of sanctioned amount |
| Prepayment | Permitted after 6 EMIs |
Features
What you get
Top-up after 9 EMIs
Repay cleanly for nine months and you become eligible for a pre-approved top-up without starting the paperwork over.
Unsecured up to ₹25 Lakh
No property mortgage required below ₹25 Lakh. Larger tickets can be secured against stock, receivables or property.
Seasonal repayment plans
Traders with festive or harvest cycles can opt for structured EMIs that step up in peak months.
Eligibility
Who can apply
- Business vintage of at least 24 months in the same line of activity
- Annual turnover of ₹15 Lakh and above, evidenced by GST or audited financials
- Proprietorship, partnership, LLP or private limited company
- Applicant aged 24 – 62 years with a satisfactory commercial and consumer bureau record
Meeting the criteria above makes you eligible to apply; it is not by itself a sanction. Every application is subject to credit appraisal and verification, and we will tell you plainly if we cannot help.
Documents
What to keep ready
- Business registration proof — GST certificate, Udyam registration or Shop & Establishment licence
- Last 12 months of current account statements
- Last 2 years of ITR with computation, and GST returns for the last 4 quarters
- KYC of the proprietor / all partners / directors
Originals are needed only for verification and are returned immediately. We accept DigiLocker-issued documents for KYC.
Full transparency
Interest, fees and charges
Everything that can ever be charged on this loan is listed here and repeated in your Key Fact Statement. Nothing outside this list will appear on your account.
| Charge | Applicable amount |
|---|---|
| Processing fee | As stated in the sanction letter, deducted from the disbursal amount |
| Interest type | Fixed, on a monthly reducing balance |
| Late payment / penal charge | 2% per month on the overdue instalment amount only, not on the whole outstanding |
| EMI bounce charge | ₹500 per dishonoured instrument, plus the bank's actual charge |
| Part-prepayment | Permitted after 6 EMIs · 2% of the prepaid principal (nil on floating-rate loans to individuals) |
| Foreclosure | 3% of the outstanding principal after 6 EMIs (nil on floating-rate loans to individuals) |
| Duplicate statement / NOC | ₹250 per document |
| Stamp duty and legal charges | At actuals, as applicable in the state of execution |
| Goods & Services Tax | 18% on all fees and charges, as notified |
The interest rate applicable to you is set using the board-approved risk-based pricing model described in our Interest Rate Policy.
EMI Calculator
Work out your business loan EMI
Pre-filled with a representative business / msme loan. Change any value to model your own.
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₹10 K₹2 Cr
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8%36%
3 months15 years
Your monthly EMI
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- Principal amount₹0
- Total interest payable₹0
- Total amount payable₹0
Principal
Interest
Indicative only. The figures assume a fixed reducing-balance rate and equal monthly instalments, and exclude processing fees, GST, stamp duty and insurance. Your actual EMI is confirmed in the Key Fact Statement issued with your sanction letter.
FAQs
Business / MSME Loan questions
Not for sanctions up to ₹25 Lakh, which we extend unsecured. Above that limit we typically ask for collateral, and the specific security is agreed with you before the sanction is issued.
Yes. If you are below the GST threshold we assess your banking turnover, purchase invoices and Udyam registration instead. The sanctioned amount may be more conservative.
A moratorium of up to 60 days on principal repayment can be requested for capital expenditure loans. Interest accrues during the moratorium and is billed monthly.
Also from Nawkar
Other loan products
Unsecured
Personal Loan
Collateral-free funding for a wedding, medical bill, tuition fee or a month that simply ran long. Sanctioned on your income, not on what you pledge.
- Amount₹50,000 – ₹10 Lakh
- Tenure12 – 60 months
- Interest13.50% p.a. onwards
Secured
Gold Loan
Turn idle household gold into working money in under an hour — valued transparently in front of you, insured, and vaulted until you redeem it.
- Amount₹10,000 – ₹25 Lakh
- Tenure3 – 36 months
- Interest11.50% p.a. onwards
Secured
Loan Against Property
Release the value locked in a house, shop or plot you already own — long tenures and our lowest rates, for expansion, consolidation or a large one-off need.
- Amount₹5 Lakh – ₹2 Crore
- Tenure24 – 180 months
- Interest10.75% p.a. onwards
Apply for a Business / MSME Loan today.
Five minutes to apply, a decision within one working day, and a Key Fact Statement that spells out every rupee before you sign.