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Best Business Loans in India - Collateral Free Up to ₹1 Cr

Grow your business with LoanPao’s collateral-free business loan at low interest business loans from 9.10% p.a., fast approvals in 24-48 hours for SMEs, startups, MSME loans, mudra loans, working capital loans, small business loans, business loan for women. Apply now!

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Collateral Free Business Loans in India

LoanPao’s business loans support SMEs and startups with collateral-free business loan options like MSME loans, working capital loans, and Mudra Yojana. With India’s SME sector growing at 15% annually, our low interest business loans offer rates from 9.10% p.a., flexible tenures up to 15 years, and tax benefits under Section 36(1)(iii). Partnered with 250+ RBI-compliant lenders like SBI, HDFC, and IDFC, we ensure fast approvals and minimal paperwork for business loan without collateral, business loan for women, small business loan.

Business Loan Benefits

High Loan Amount

Up to ₹50 crore for business expansion.

Low Interest Rates

Starting at 9.10% p.a. for secured loans.

Quick Approval

Approvals in 24-48 hours.

Flexible Tenure

Up to 15 years for easy EMIs.

Secure Process

RBI-compliant lenders.

24/7 Support

Contact us at +91-999-163-4766.

Business Loan Interest Rates

Compare business loan interest rates from top lenders, starting at 9.10% p.a. Rates depend on credit score, turnover, and loan type (secured or unsecured).

Business Loan Interest Rates Comparison
Lender Interest Rate (p.a.) Processing Fee
SBI 9.10%–11.50% 0.5%–1%
HDFC Bank 10.75%–28.00% Up to 2%
ICICI Bank 13.25%–19.25% 0.5%–1.5%
IDFC FIRST Bank 12.99%+ Up to 2%
Axis Bank 15.00%–19.25% Up to 2%
Flexiloans 12.00% onwards Up to 2%

Loan Comparison Tool

Our Loan Comparison Tool lets you compare rates, tenures, and fees from 250+ lenders in real-time. Enter your business details to find the best deal for business loan interest rates.

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Why Choose LoanPao for Business Loan?

LoanPao offers tailored business loans with over 250 trusted lenders, seamless digital applications, and 24/7 support. Our experts ensure transparency and compliance with RBI guidelines for business loan without collateral.

Fast Processing

Approvals within 24-48 hours.

Affordable Rates

Low interest business loans starting at 9.10% p.a.

Dedicated Support

Reach us at +91-999-163-4766 for business loan apply online.

Business Loan Eligibility Criteria

Check if your business qualifies for a LoanPao business loan eligibility:

  • Business Age: 2+ years.
  • Turnover: ₹10 lakh+ annually.
  • Credit Score: 700+ for better rates.
  • Documents: GST returns, ITR (2 years), bank statements (6 months), PAN, Aadhaar.
  • Tip: Higher turnover improves loan amounts and rates for business loan for women.
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Business Loan Documents Required

Submit these business loan documents for quick processing:

  • KYC: Aadhaar, PAN of business owner or directors.
  • Business Proof: GST registration, shop license, or incorporation certificate.
  • Income Proof: ITR for 2 years.
  • Bank Statements: Last 6 months of business account.
  • Address Proof: Utility bill or rental agreement for business premises.

Business Loan Application Process

Business loan apply online in 5 easy steps:

  1. Submit online application on LoanPao’s platform.
  2. Provide business details, turnover, and documents.
  3. Get pre-approved offers from lenders.
  4. Complete verification (financial and legal).
  5. Receive funds in 3–10 days.
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Business Loan Features

Key features of LoanPao’s business loans:

Business Loan Features
Feature Details
Loan Amount Up to ₹50 crore, collateral-free up to ₹1 Cr.
Interest Rate Starting at 9.10% p.a. (based on credit profile).
Tenure Up to 15 years.
Processing Time 24-48 hours approval.
Prepayment Low or no charges after 6 months.

Popular Uses of Business Loan

  • Business expansion and new projects.
  • Working capital management.
  • Purchasing machinery or inventory.
  • Startup funding for new ventures.

Business Loan Tips

  • Maintain good CIBIL score for better business loan interest rates.
  • Prepare all business loan documents in advance.
  • Compare options for business loan without collateral.
  • Apply for business loan for women if eligible for subsidies.

Testimonials

“LoanPao helped my startup get ₹25 lakh at 9% p.a. in just 2 days!”

Rahul Sharma, Mumbai

“Excellent service! Secured ₹40 lakh for expansion with minimal paperwork.”

Anita Verma, Bangalore

“Fast approval and low interest rates for my small business loan.”

Suresh Kumar, Delhi

Frequently Asked Questions About Business Loans

LoanPao offers secured and unsecured business loans, including term loans, working capital loans, machinery loans, and Mudra Yojana schemes for SMEs and startups.

Rates start at 9.10% p.a. for secured loans and 10% p.a. for unsecured loans.

Approvals in 24–48 hours, disbursal in 3–10 days via 250+ lenders.

Minimum ₹10 lakh turnover, 2+ years business age, 700+ CIBIL score, GST returns, ITR, PAN.

Up to ₹50 crore, based on turnover and credit profile.

Secured business loans require collateral like property, while unsecured business loans are collateral-free but may have higher interest rates.