Business Loan in bhubaneshwar

Check Business Loan Interest Rates of all major banks of bhubaneshwar Instantly

Bank NameFloating Interest RateProcessing Fee
RBL BANK 20.00% per annum,3% of loan amount
MUFIN FINANCE 13% to 22%2% of the loan amount
Punjab National Bank Business Loan 12.6%- 15.60%1.8% + taxes
Prest loan 15 % to 22 %upto 3.00% of the total loan amount + Service Tax
Zip Loan 16 %2 %
ICICI 16.49%upto 2% (plus applicable taxes)
Kotak Mahindra Bank 16.00% per annumMaximum 3% of the Loan I Facility Amount (plus GST
TATA CAPITAL 19 %upto 2.75% of the loan amount + GST
Neo Growth 18% to 24%upto 2% of the loan amount
BAJAJ 18% onwardsupto 3% of loan amount
Lendingkart 18% to 28%upto 2% of the loan amount
Aditya birla 17.00% - 26.00%2% of the loan amount
AXIS 14.25% onwardsupto 2% of loan amount + applicable taxes
BAJAJ 18% onwardsupto 3% of loan amount
Vistaar finance 15 % to 25 %upto 2% of the loan amount
IndusInd bank 14.00% per annum2.50%
Incred Finance 18%upto 5% of the loan amount
HDFC 15.65% onwardsupto 2.50% of loan amount
IIFL 18 to 25% p.a.upto 3% of the loan amount
Bank of baroda 14.10% per annumupto 1%
Federal Bank 8.9% to 14%upto 3% of the loan amount
FULLERTON 13% to 16% per annum.upto 2 % of the Loan Amount
HDB bank 13.99%upto 2% of loan amount.

About bhubaneshwar


Bhubaneshwar is the capital of the state Odisha. The imprint of the various rulers of past can be witnessed in the city, which showcases a medley of ingenious architectural styles. A sneak peak of the contemporary time will transport you back to the past years.

Bhubaneshwar is often referred to as “The Temple City of India”. The place is one of the country’s fastest-developing cities of India, with emerging information technology and education hub at the core. Bhubaneshwar is one of the modern India’s first planned cities, along with Jamshedpur and Chandigarh. Cuttack and Bhubaneshwar are often referred to as the “twin cities of Odisha”. The city was ranked as the best place to do business in India by the World Bank in 2014. It has traditionally been home to handicrafts industry, including applique work, stone and wood carvings, patta painting, silver filigree work, which significantly contributes to the city’s economy.

About Business Loan in bhubaneshwar

We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Business Loan with just a few clicks.

Now, you can compare and make a wise choice for the best Business Loan in bhubaneshwar also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Choose your desired product and win amazing assured cash backs up to ₹ 5000 on loan disbursal.

Eligibility Criteria for Business Loan in bhubaneshwar

No worries for strict eligibility conditions. We tie-up with all the best lenders in the bhubaneshwar and help you with flexible eligibility criteria. Self-employed/professionals – hope you meet the following eligibility parameters.

  • Applicants should own a business or engaged in practice since at least 1 year
  • Self-employed applicants should be between 25 to 60 years
  • Having net monthly income of Rs. 22,000
  • Turnover of minimum Rs 20 lakhs
  • Your ITR income should be equal to or above Rs 2,50,000
  • The firm should have been incorporated at least 2 years before

Documents Required for Business Loan in bhubaneshwar

We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.

  • Identity Proof – Pan Card/Driving License/Passport/Voter ID Card
  • Address Proof – Telephone or ElectrbhubaneshwarBill/Ration Card/Lease Agreement/Trade License/Sales Tax Certificate
  • Bank Statement – for the last 6 months statements
  • Mandatory Documents – Memorandum & Articles of Association/Sole Proprietorship declaration (Business Certificate)
  • Audited Financials – of last 3 years, signed by a C.A
  • IT Returns – for the last 2 years

Benefits & features of taking Business Loan in bhubaneshwar

Taking a business loan is an indispensable decision in one’s life. At bhubaneshwar, we have a plethora of options with added benefits. Everything is online – you don’t need to visit the bank.

Get ready to leverage the following benefits –

  1. Instant Approval – Yes. SBI, ICICI, HDFC, IIFL and other players are offering instant paperless business loan approval. Apply at Afinoz, and we will help you avail the Business Loan at best rate.
  2. High Eligibility – Within a just few minutes, we will assess your business loan eligibility and suggest you the best available options in bhubaneshwar. Our process is driven by automated technologies, and we help you get low EMI business Loan
  3. Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Business Loan balance to save on money. Some lenders charge fee for a balance transfer.

Have a few clicks on our EMI Calculator and get your business loan EMI in quick time.



Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.


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The bank provides various banking solutions to individuals, NRIs, business owners, corporate, government and financial Institutions. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and other Banking Operations segments. The bank offers current, savings, defense, corporate salary, and RFC accounts; and fixed deposits, recurring deposits, young saver deposits, as well as Rupee multiplier products.


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RBL Bank Limited


RBL Bank (Ratnakar Bank Limited) is one of the fastest growing private sector banks in India, headquartered in Mumbai, Maharashtra. Established in August 9, currently the bank operates through a network of branches, 99 banking outlets and 9 ATMs spread across 0 Indian states and union territories. In August 99, the bank obtained Scheduled Commercial Bank status. It is listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).


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