Business Loan Interest Rates from Top Indian Banks

Following are the interest rate in business loan by leading banks and NBFCs in India.

Lowest EMI per

Loan Business Loan lakh for Max Processing Fee on
Bank Amount Interest Rates* Tenure the Loan Amount

SBI Bank Rs. 1 11.20% - 16.30% Rs. 2,594 for 48 2% to 3%

Billion months
Max

HDFC Bank Rs. 50 15.50% - 18.30% Rs. 2,808 for 48 0.99% onwards.
Lakhs Max months Max 2.50%

ICICI Bank Rs. 40 12.90% - 16.65% Rs. 2,270 for 60 0.99% onwards. Up
Lakhs Max months to 2%

Axis Bank Rs. 50 15.50% to 24% Rs. 2,405 for 60 Up to 2%

Lakhs Max months

RBL Bank Rs. 10 20.00% - onwords Rs. 2,649 for 60 3%

Lakhs Max months

Kotak Bank Rs. 75 16.00% - 19.99% Rs. 2,432 for 60 Up to 2%

Lakhs Max months

Capital Float Rs. 1 Crore 18.00% – onwords Rs. 3,615 for 36 Up to 2%

Max months

Lendingkart Rs. 1 Crore 18.00% - onwords Rs. 9,168 for 12 2%

Max months

Bajaj Finserv Rs. 30 Interest rate 18% Rs. 2,938 for 48 Up to 2%

Lakhs Max onwards months

Standard Rs. 75 13.50% - 20.00% Rs. 2,301 for 60 2%

Lakhs Max months
Chartered

Deutsche Rs. 50 24.00% Rs. 3,923 for 36 Up to 3%

Lakhs Max months
Bank
 Lowest EMI per
Loan Business Loan lakh for Max Processing Fee on
Bank Amount Interest Rates* Tenure the Loan Amount

Edelweiss Rs. 30 18.25% onwards Rs. 2,553 for 60 2% onwards

Lakhs Max months

Fullerton Rs. 50 16.00% onwards Rs. 2,834 for 48 2%

Lakhs Max months
India

Tata Capital Rs. 50 18.00% onwards Rs. 2,938 for 48 1.50% to 2.50%
lakhs Max months

Ziploan Rs. 5 Lakhs Interest rate 1-1.5% 3%

Max per month(Flat).