Lendingkart Business Loan

 Lendingkart business loans are created exclusively for SMEs and MSMEs to help them grow and diversify their businesses further. Lendingkart strives for the easy availability and accessibility of working capital finance to the entrepreneurs, so that they can focus on their business growth instead of worrying about their cash-flow crunch.

Lendingkart offers a hassle-free business loan application process with simplified documentation, flexible loan tenure and lowers interest rate for businesses of all sizes. Lendingkart business loans can also be availed against any collateral or security which has a good market value and is freely transferable. Lendingkart provides you with a customized loan application process such that it suits any individual’s requirements.

Lendingkart Business Loan Interest Rates

Lendingkart Business Loan Interest Rates 2021



Interest Rates

15% to 27%

Loan tenure

1 Month to 1 Year

Processing Charges

1-2% (One time)

Subject to a minimum amount of Rs 1000


No prepayment permitted until the repayment of minimum 6 months EMI

Prepayment charges


Penal Interest

2 % per month on the overdue installment amount

Special Note: Rates are subject to periodic change. Business loan interest rates in Lendingkart and other fees and charges are subject to regular review and can vary from customer to customer depending upon a number of factors ranging from credit score to existing loans, amount of savings, company with which you are currently employed, number of years of relationship with Lendingkart, etc.

Lendingkart Business Loan Eligibility Criteria

Any Indian citizen having his own business and having residual income and the ability to repay the loan is eligible for Lendingkart business loans. Other parameters that a loan seeker must satisfy in order to be eligible for getting a business loan for their business are mentioned below:

  • Individuals whose businesses are constituted as any one of the following are eligible to apply for a business loan from Lendingkart:
    • Partnership Firm
    • Private Limited Company
    • Self-employed Professional/Non-Professional
    • Unlisted Public Limited Company
    • Proprietorship company
    • LLP(Limited Liability Partnership Company)
    • Trust, Societies and Section 25 Companies(mainly for hospitals or educational institutions)
  • Age: Minimum age at the time of application of loan should be 21 years; Maximum age at the time of maturity should be 65 years
  • Business Vintage: The business should have been well-established and should be up and running for the last 3 years
  • Turnover: The gross income of the company should range from Rs. 10 lakhs to Rs. 2 crores per annum
  • Work Experience: Minimum 2 years of work experience in the current line of the field for Self-employed individuals
  • CIBIL score: Loan approval will be difficult if your CIBIL score is low. In some cases, even if your credit score is low, but your business is doing good then your loan application might get approved, but you might be asked to pay a high interest rate and will be offered many unfavorable terms and conditions on your loan.
  • Lendingkart business loan eligibility calculator: Using the business loan EMI calculator and business loan eligibility calculator at you can easily calculate the exact amount of your monthly installment and your eligibility as per your potential.

Lendingkart Business Loan Documents Required

A business loan entails the simplest form of documents which can vary slightly for different types of companies like self-employed individual proprietorship firms, private limited companies, and partnership firms. Thus, for obtaining the maximum amount of loan, a borrower should produce the documents according to their business profiles as follows:

Documents for Self-employed & Proprietorship Companies

  • Application form with a recent photograph of all co-applicants
  • Financial Documents: Copy of IT returns/P&L and balance sheets of the last 3 years as documented and verified by CA
  • Bank statement: Last 6 months bank statement
  • Existing Loans: If you have any existing loan, then the sanction letter of that loan/loans along with its repayment records or account statement
  • Proof of business ownership: Certified copy of Proprietorship deed/Service tax certificate/Tax bill/Certificate of Shop and establishment

Documents for Private Ltd. Companies

  • Application form with a recent photograph of all directors (as they stand as co-applicant)
  • PAN card/Form 60 - For all the Directors as they stand as co-applicant
  • Last 2 yrs. Individual ITR along with COI(certification of incorporation) of all directors
  • Any electricity or water bill of residence or office for ownership
  • Last 3 yrs. ITR with Complete financials
  • Landline/Postpaid phone bill
  • MOA(Memorandum of Association)
  • List of director and shareholders
  • Business Ownership Proof: Registration proof of the company
  • Bank Statement: Last 1-year bank statement (all major accounts)
  • All running loan schedules, if any
  • Current year vat and service tax return

Documents for Partnership Firms

  • Application form with a recent photograph of all the partners
  • PAN card of the firm
  • PAN card of all partners
  • In case if there are multiple partners in a firm, ample number of co-applicants must be made part of the loan application such that total ownership of all loan applicants exceeds 51%
  • Address proof: Residence address proof of all partners (electricity bill, water bill, house tax receipt)
  • Business Ownership Proof: Office address proof of firm (latest phone bill not older than 2 months)
  • Any registration proof in the name of the firm
  • Partnership deed copy
  • Financial Documents: Last 2 yrs. Individual partner's ITR with computation of income (if more than 1 partner is acting as an applicant or co-applicant, then ITRs of all are required) 
  • Last 2 yrs. ITR with complete financials of the firm
  • Any 3 yr. old continuity proof (if incorporation date mentioned in registration proof then not required)
  • Bank Statement: Last 1 Year bank statement of the main account
  • All running loan schedules and their statements
  • Last 4 quarters of Vat or service tax return whichever is applicable.

Lendingkart Business Loan Features and benefits

Lendingkart has attractive benefits from quick loan approval, to flexible interest rates along with longer loan tenure. The maximum amount of business loan offered by Lendingkart to its customers depends on a lot of factors such as profits generated by the business in the last 3 years, the credit history of the borrowing entity, etc., including their loan requirements. Following are the various features and benefits which a customer can avail when applying for business loans to fulfill their financial needs:

  • Online eligibility check: Check your eligibility for availing a business loan online as per your requirements within a minute
  • Quick Disbursement: Loans are usually disbursed within 3 days of approval based on your credit history and your requirement
  • Lendingkart offers collateral/security free business loans based on EMI’s
  • You can avail a business loan up to Rs. 1 crore without providing any collateral/security/guarantor
  • The maximum amount of business loan that can be sanctioned depends on the quality and size of your business including the profits being generated per year
  • Flexible tenure: Lendingkart provides flexibility to its customers in the form of loan tenure which ranges from 1 month to 1 year
  • Provides a high level of transparency to its customers about the charges involved at each stage of the loan process
  • Very low processing fee of around 1% of the sanctioned amount is charged while taking a business loan from Lendingkart
  • Easy and simple documentation
  • No hidden charges
  • Zero foreclosure charges
  • Attractive Interest Rates: If you have a higher credit score or if you provide a collateral/security for availing the business loan, then you will be charged a lower interest rate on your business loan by Lendingkart. It is always advisable to calculate your cost versus benefit ratio, before availing any business loan.
  • Very low pre-payment charges
  • Quantum of borrowing under Lendingkart business loan ranges from Rs. 50,000 to Rs. 1 crore

How to apply for Lendingkart business Loan on Afinoz?

Lendingkart has an exclusive tie-up with If you are looking for a business loan then you can simply log on to to check your business loan eligibility and apply for a loan.

Business owners can apply for a loan in Lendingkart through in the following three simple steps:

  1. Check your eligibility for a business loan - Firstly, you need to make sure you meet Lendingkart business loan eligibility criteria on For that, you have to submit some basic details relating to you and your business such as the employment type, business turnover, city, mobile number, email id on our business loan eligibility page. Once you submit these details, our system intelligence then runs an algorithm and get's you a quick quotation on the best business loan options available to you immediately.
  2. Select the loan amount and tenure - Once you meet the eligibility criteria, select the loan amount and tenure as per your eligibility and submit.
  3. Upload and submit documents - In the next step, fill out the application form along with details of the KYC documents and submit your application for processing from Lendingkart. The bank then verifies the applicant's information and starts processing the loan for disbursement.

At each step of the application process, allows it's an applicant to keep track of the status of their application in real-time via SMS as well as through emails. Due to such simplified and fast processing, has become the most popular option among a number of business owners.

About Lendingkart

Lendingkart Finance Private Ltd. (formerly known as Aadri Infin Limited) is an RBI registered NBFC (Non- Banking Financial Company) providing financial services and SME lending in India. It is registered as a Non-Govt Company at the Registrar of Companies, Ahmedabad and was incorporated on 15th December 2014. Lendingkart has an employee workforce of over 500 and has established its footprints in around 135 cities across 22 states of India. Lendingkart has made it easy for SMEs to receive business loans by influencing technology and analytical tools to access the creditworthiness of small businesses accurately and rapidly. The company offers a host of retail and corporate banking, lending, investments, advisory and treasury services along with lending agricultural loans and micro-financing services.


Q1 What is the minimum and maximum amount of business loan that I can avail?
Lendingkart provides a minimum loan amount of Rs. 50,000 up to the maximum amount of Rs. 1 crore as per your business finance needs and your eligibility.
Q2 Are there any pre-closure charges on business loans?
Lendingkart don’t levy any pre-closure charges on business loans
Q3 Can I repay my business loan early?
Yes, you can pre-pay your business loan after a period of 6 months or repayment of 6 EMIs whichever is earlier or as per the terms and conditions stated by Lendingkart.
Q4 How much time will it take to get the loan disbursed?
Once you fill in and submit the application form online on, the organization will then take 2 to3 business days to process and disburse the business loan amount. The sole approval time of the loan depends exclusively on the loan amount and your eligibility.
Q5 How can I find out if I am eligible for the Lendingkart business loan? provides you with an eligibility calculator called business loan eligibility calculator which you can use to determine your eligibility for a business loan. It will also tell you the amount up to which you can avail this loan.
Q6 How can Lendingkart offer lower interest rates for its business loans?
Lending Kart offers business loans online which helps it to reduce the cost of Lending Kart business loan processing. The savings thus made are passed to their customers by offering the Lending Kart Business Loan interest rate, which is much lower than the competition.
Q7 How can I speed up the approval of my Lending Kart business loan?
If you track the lending kart business loan status, you will find out that these loans are already much faster than those from other lenders. You can speed up the process further by submitting correct lending kart business loan documents and other personal details for verification.
Q8 Lending Kart business loan offers the facility of bi-weekly installments for repaying the loan. What is the benefit of it?
The unique facility of bi-weekly installment allows you to repay the Lending Kart business loan faster. In addition, if you are using a business loan to optimize your working capital, faster repayment facility helps you to renew your loan quickly; thus, converting the loan into a form of revolving credit.
Q9 What is the minimum turnover requirement for a Lending Kart business loan?
In order to avail a Lending Kart business loan, you need to have a minimum turnover of Rs 90,000 or more in the last three months.  You need to provide supporting documents such as a valid salary proof along with other lending kart business loan documents.
Q10 Can a lending kart business loan be used for working capital management?
Yes, you can! These loans can be used to accomplish many short-term functions such as inventory management, working capital management, and purchasing equipment, among others. With a lending kart business loan, you can watch your business grow, with better overall fund management and can have absolute peace of mind!
Q11 Do I need to provide any security for availing business loan from Lendingkart?
No collateral/security is needed while applying for a business loan from Lendingkart.
Q12 What is the maximum and minimum loan tenure for a business loan from Lendingkart?
You can avail a business loan from Lendingkart for a period of 1 month to 1 year.
Q13 Will my information be safe online? is India’s most committed financial platforms which do not share any of its client data with third parties other than the concerned financial institution/s. All the data is sent online in an encrypted format making it safe and secure at all times.
Q14 How do I repay my Lendingkart business loan?
You can repay your loan in EMIs (Equated Monthly Installments) in the form of post-dated cheques.
Q15 How can I track my loan application process?
You can log onto our website with the unique transaction ID provided to you at the time of signup and track your application. You can also track your application process through your registered mobile number and email-ID in real-time.
Q16 What is the basis on which the loan limit is decided by Lendingkart?
Loan amount is mainly decided based on your annual income/earnings and your credit history.
Q17 What are the interest rates offered by Lendingkart for a business loan?
Lendingkart business loan interest rates currently range from 16% to 27% /. For any query about Lendingkart business loan application, you can log on to or give us a call at +0120-411-0376 or mail us at