Check Business Loan Interest Rates of all major banks of mumbai Instantly
| Bank Name | Floating Interest Rate | Processing Fee |
|---|
| MUFIN FINANCE | 13% to 22% | 2% of the loan amount |
| FULLERTON | 13% to 16% per annum. | upto 2 % of the Loan Amount |
| BAJAJ | 18% onwards | upto 3% of loan amount |
| Prest loan | 15 % to 22 % | upto 3.00% of the total loan amount + Service Tax |
| Zip Loan | 16 % | 2 % |
| BAJAJ | 18% onwards | upto 3% of loan amount |
| Lendingkart | 18% to 28% | upto 2% of the loan amount |
| Kotak Mahindra Bank | 16.00% per annum | Maximum 3% of the Loan I Facility Amount (plus GST |
| AXIS | 14.25% onwards | upto 2% of loan amount + applicable taxes |
| HDB bank | 13.99% | upto 2% of loan amount. |
| Bank of baroda | 14.10% per annum | upto 1% |
| Punjab National Bank Business Loan | 12.6%- 15.60% | 1.8% + taxes |
| ICICI | 16.49% | upto 2% (plus applicable taxes) |
| HDFC | 15.65% onwards | upto 2.50% of loan amount |
| Incred Finance | 18% | upto 5% of the loan amount |
| IndusInd bank | 14.00% per annum | 2.50% |
| Aditya birla | 17.00% - 26.00% | 2% of the loan amount |
| Vistaar finance | 15 % to 25 % | upto 2% of the loan amount |
| TATA CAPITAL | 19 % | upto 2.75% of the loan amount + GST |
| RBL BANK | 20.00% per annum, | 3% of loan amount |
| IIFL | 18 to 25% p.a. | upto 3% of the loan amount |
| Neo Growth | 18% to 24% | upto 2% of the loan amount |
| Federal Bank | 8.9% to 14% | upto 3% of the loan amount |
About mumbai
“
Mumbai is a city known as the city where dreams are made and fulfilled. The city is famous from the railway platforms to the famous Dabbawalas, multi-millionaires to suburban slums. From the dazzling Bollywood to the quintessential vada pav, bhel puri, and sev puri, Mumbai is the capital city of Maharashtra an Indian state.
Mumbai is the house of three UNESCO World Heritage Sites including the Chhatrapati Shivaji Maharaj Terminus, Elephanta Caves, and the city's distinctive ensemble of the Victorian and Art Deco buildings. The top famous tourists places in Mumbai are Marine Drive, Gateway of India, Colaba Causeway, Juhu Beach, Siddhivinayak Temple, Hali Ali Dargah, Elephant Caves, Girgaum Chowpatty, Bandra Worli Sea Link, Chhatrapati Shivaji Teminus, Prince of Wales Museum, Chhatrapati Shivaji Maharaj Terminus, Essel World, Film City, Sanjay Gandhi National Park, Global Vipassana Pagoda, Kanheri Caves, Mahalaxmi Temple, Hanging Garden and many other places
”About Business Loan in mumbai
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 mumbai 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 mumbai
No worries for strict eligibility conditions. We tie-up with all the best lenders in the mumbai 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 mumbai
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 ElectrmumbaiBill/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 mumbai
Taking a business loan is an indispensable decision in one’s life. At mumbai, 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 –
- 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.
- High Eligibility – Within a just few minutes, we will assess your business loan eligibility and suggest you the best available options in mumbai. Our process is driven by automated technologies, and we help you get low EMI business Loan
- 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.
ICICI BANK LIMITED
About
ICICI Bank is an Indian multinational bank and financial services company. Headquartered in Mumbai, India, the bank currently has a network of ,87 branches and , 7 ATMs across India. The bank became the first Indian bank to list on the New York Stock Exchange in 000. It is India’s largest private sector bank with total consolidated assets of Rs. ,.8 billion (US$ 7. billion) as on March 08.
BankingInternet BankingMobile BankingPockets
ProductAccount Savings Accounts -in- Account Salary Account PayLater by ICICI Bank Pension Accounts EEFC Account Outward Remittance Child Education Plan New Pension SchemeAgri & Rural Farmer Finance Instant Gold Loan Agri Traders & Processors Agri Corporates Tractor Loan Micro BankingForex
LoansHome LoanCar LoanPersonal LoanEducation LoanGold LoanLoans Against SecuritiesCommercial Business LoanPradhan Mantri Mudra YojanaStand-Up India SchemeTwo Wheeler LoansBusiness Loan
CardCredit Card Coral Rubyx Sapphiro Emeralde Diamant MakeMyTrip Jet Airways HPCL Ferrari Manchester United Platinum Amazon Pay Unifare MetroDebit Card ICICI Bank Coral+ International Debit Card ICICI Bank Sapphiro International Debit Card ICICI Bank Rubyx International Debit Card ICICI Bank Coral Paywave International Debit Card Manchester United debit card Manchester United Coral debit card Manchester United Sapphiro Debit cardPrepaid Cards Reimbursement Card Memento Gift Card PayDirect Card Pockets, the Digital bank Multi Wallet Card Gift Card Meal CardTravel Card
InsuranceICICI LombardICICI Pru Heart/Cancer ProtectICICI Pru iProtect SmartCar InsurancePradhan Mantri Jeevan Jyoti Bima Yojana
Popular productAccount Savings Accounts -in- Account Salary Account PayLater by ICICI Bank Pension Accounts EEFC Account Outward Remittance Child Education Plan New Pension SchemeAgri & Rural Farmer Finance Instant Gold Loan Agri Traders & Processors Agri Corporates Tractor Loan Micro BankingForex
Branch
THE KURLA NAGARIK SAHAKARI BANK LTD
THE CHEMBUR NAGARIK SAHAKARI BANK LTD
SHRI ARIHANT COOP BANK LTD
MOBILE MONEY
PHOENIX MARKET CITY
TAP N PAY
RBL Bank Limited
About
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).
BankingSMS BankingOnline BankingMobile/Phone Banking
ProductCorporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits
Loanshome loanspersonal loansbusiness loanseducation loansauto loansloans against propertyoverdrafts against propertyloans against depositsgold metal loansworking capital finance
CardMastercard Credit Card
InsuranceLife InsuranceGeneral InsuranceHealth Insurance
Popular productCorporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits
Branch
LAMINGTON ROAD BRANCH
GHATKOPAR EAST
YES BANK
About
Yes Bank Limited is India’s fourth largest private sector bank headquartered in Mumbai, Maharashtra, India. Established in 00, the bank primarily operates as a corporate bank, with retail banking and asset management as subsidiary functions. As of March, 08, the bank had a network of ,00 branches; national operating centers; and ,7 ATMs and bunch note acceptors.
BankingWorking capital financeTerm loansCorporate financeLiquidity managementSalary accountFixed deposit accountSavings accountOrdinary account
ProductThe bank also offers retail banking solutions such as personal, secured business, home, construction equipment, car, super bike, commercial vehicle, gold loans, and loans against securities; business banking services to micro, small, and medium enterprises; and health care and printing equipment finance.
LoansPersonal loanSecured business loanHome loanConstruction equipment loanCar loanSuper bike loanCommercial vehicle loanGold loansLoans against securitiesMSME LoanHealth care equipment financePrinting equipment finance
Branch
CMS NATIONAL OPERATING CENTRE
YES BANK NATIONAL OPERATING CENTRE HO
AKOLA URBAN COOP BANK KALBADEVI
VIRAR WEST
VIKHROLI
SANTACRUZ, WEST
MATUNGA ROAD, MUMBAI
BORIVALI YOGI NAGAR, MUMBAI
YES BANK LTD WORLI OIBC EXT COUNTER, MUMBAI
YES BANK LTD MUMBAI NOC IFC
BANK OF BARODA
About
Bank of Baroda (BOB) is an Indian multinational banking and financial services institution headquartered in Vadodara in Gujrat, India. The bank was established on 0 July 908 and nationalized on 9 July 99 along with other major commercial banks of India. It has been termed as a profit-making public sector undertaking (PSU). The bank has 7 global branches including 7 India branches and 0 overseas branches. It offers a wide range of banking products and services including loans, credit and debit cards etc.
BankingInstant Banking Baroda Connect (Internet Banking) BHIM Baroda Pay Baroda M-connect Plus (Mobile Banking)Mobile Application Baroda mPassbook Baroda m-Invest App BHIM UPI Payment App
ProductAccount Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI
LoansLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI
CardDebit Cards Visa Electron Card RuPay Platinum Card Baroda Master Platinum Card RuPay Classic Card Master Classic Card Visa Platinum Chip CardPrepaid Cards Gift Card TravelEasy Card Reloadable CardCredit Cards Easy Visa Platinum Select Visa Platinum Premier Visa Signature Prime Mastercard
InsuranceLife InsuranceHealth InsuranceGeneral Insurance
Popular productAccount Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI
Branch
ZAVERI BAZAR BRANCH
WORLI BRANCH
WALKESHWAR BRANCH
V.P.ROAD-BOM BRANCH
VILE PAR WST BRANCH
VILE PAR EST BRANCH
VERSOVA-BOM. BRANCH
VEENANAGAR BRANCH
VASHI BRANCH
ULHASNAGAR BRANCH
TURBHE BRANCH
TILAK NAGAR
THAKUR VILLAGE, MUMBAI
THANE WEST BRANCH
THANE-EAST BRANCH
TARDEO ROAD BRANCH
SUNDERNAGAR, GOREGAON (W), MUMBAI
SIR P M ROAD BRANCH
SION BRANCH
SHIMPOLI BRANCH
SHIVAJI PARK BRANCH
SANTACRUZ(W) BRANCH
SANPADA BR., NAVI MUMBAI, MAHARASHTRA
SANTACRUZ(E) BRANCH
SAKINAKA BRANCH
ULHASNAGAR MUMBAI
RABALE, NAVI MUMBAI
PRINCESS ST. BRANCH
PRABHADEVI BRANCH
POWAI-BOMBAY BRANCH
MOUNTPOINSUR-MUMBAI
PBB
MID CORPORATE, MUMBAI
MIDCORPORATE ,BANDRA( W),MUMBAI
MALAD WEST BRANCH
JUINAGAR,NAVI MUMBAI
ASHOKVAN,BORIVALI EAST,MUMBAI