Business Loan Rate of Interest
Business Loan Rate of Interest
• Maximum tenure 36 months
• Overdraft facility is available
• Simplified documentation process

Business Loan Rate of Interest


financeseva Business Loan Rate of Interest

A business loan is a loan that can be borrowed for the purpose of starting any business or uplifting your existing business. Business loan interest rate varies from the distinct banks/NBFC and other financial institutions. Most banks and other financial institutes provide unsecured business loans.

  An unsecured business loan can help a company to set up a new branch or upgrade the office space. It can also fulfil the financial needs for growing the team, hiring experts, or scaling up the inventory during this expansion phase. You can also use an unsecured business loan efficiently to ensure that you don’t compromise when it comes to maintenance and repairs. Not just that, it also helps businesses in relieving debts, thus allowing entrepreneurs to explore new avenues with financial aid.

Bank/NBFCs                                                        Interest Rate

10.00% – 22.50% p.a.

1% per month onwards

1% – 1.5% per month Flat ROI (Return on Investment)

14.25% – 18.50% p.a.

14.50% p.a. onwards

16% – 19.99% p.a.

17% – 21% p.a.

17% p.a. onwards

17.50% – 25% p.a.

17% onwards

1.5% per month onwards

1.5% – 2% per month

19% p.a. onwards

19% – 24% p.a.

Up to 26% p.a.

Financeseva offers minimum interest rates on business loans at 15.00% Onwards. Additionally, provides Maximum tenure of 36 months with Simple documentation process. If you don’t have any collateral or assets to pledge, no worries while this type of facility allows you to get loan without providing any collateral. Get loan at attractive business loan interest rates with flexible tenure, As well as the process is easier to obtain. You just need to check eligibility before proceeding further.