Muthoot Finance

Muthoot Finance offers Small Business Loans (which function as shopkeeper loans) primarily to self-employed individuals, proprietors, partners, and directors who meet specific criteria related to business stability, income, and credit history.

General Eligibility Criteria

While specific criteria may be subject to a risk profile assessment, common requirements include:

• Applicant Type: Available for self-employed individuals (proprietor), partnership firms, and private limited companies involved in manufacturing, trading, or services.

• Age: The applicant should generally be between 21 and 65 years of age at the time of loan application/maturity.

• Business Vintage: A minimum number of years in the current business line is a determining factor, often 2-5 years across lenders.

• Business Income/Financials: Eligibility depends on the business's income, cash flow, and banking hygiene. The business must have filed Income Tax Returns (ITR) for the previous year.

• Credit History: A good credit score is crucial for approval, with scores of 685-750 or above generally preferred.

• Business Premises: Owning the business premises can increase approval chances.

Required Documents

To apply for a small business loan with Muthoot Finance, you will generally need to submit the following documents:

• KYC Documents: Identity and address proof for individuals (e.g., Aadhaar, PAN card, Passport, Voter ID, Driving License).

• Business Proof: Documents like a business PAN card, GST certificate, trade license, or establishment certificate.

• Financial Documents:

  • Latest 6 months' business bank statements.

  • Latest ITR along with the computation of income, and audited Balance Sheet and Profit & Loss account for the previous 2 years.

• Other Documents:

  • Proof of continuation of business.

  • Passport-size photographs.

  • Other mandatory documents based on the business structure (e.g., Partnership Deed, Board Resolution).

IndusInd Bank Personal loan

⏳ Instant Disbursal

📲 100% Digital & Paperless

💸 Higher Loan Amount – Upto ₹5 Lakhs

✅ Affordable Interest Rates – Easy on your pocket

Hero Personal Loan

Features

✔️ Quick, easy loans up to ₹5,00,000

✔️ Easy Personal loan for all purpose.

✔️ Enjoy the loan tenure from 12 to 36 months.

✔️ Avail collateral-free loans

✔️ 100% digital and paperless process

Fees & Charges

✔️ Rate of Interest (ROI): Starting from 19% p.a

✔️Processing Fee: 2.5% of loan amount + taxes as applicable

Ram Fincorp

Unlock Instant Funds with Ram Fincorp Digital Personal Loan!

Why choose Ram Fincorp Personal Loan?

💰 Loan up to ₹1 lakh

📲 Hassle-free application process

✅ Instant approval

Why you should apply from here:

✔️ 100% online & secure process

✔️ Hassle-free application process

Poonawalla Fincorp

Eligibility Criteria

• Age: Minimum 22 years at the time of loan application & maximum 58 years at the time of loan maturity

• Citizenship: Indian citizenship

• Employment: Borrowers must have a full-time job with central/state govt., PSUs, MNCs, listed/unlisted public limited companies, private limited companies, LLPs, schools and colleges.

Money view Loan

💸 Flexible loan of up to ₹5 lakh

💰 Loan repayment tenure up to 60 months

⏱ Instant approval in 2 minutes, 24 hour disbursal

🤩 Interest rate starting 1.33% per month

💁🏻‍♀️ Processing Fees: starting from 2%

*Note: Moneyview reserves the right to have differential interest rate and processing fees and that displayed will be considered final.

Kissht Instant Loan

Eligibility Criteria

Available for salaried employees

1. Age: between 24 to 55 years
2. Experian score >650
3. Monthly Income > ₹12,000
4. PAN And Aadhaar should be there
5. D.O.B. on PAN and Aadhaar should match.

8. No loan/credit defaults, write-offs should be there.

9. No delays in other loan/credit payments over 30 days.

IDFC Personal Loan

Eligibility Criteria

To be eligible for an IDFC FIRST Bank personal loan, applicants generally need to meet the following criteria:

• Age Between 21 to 60 years old.

• Employment Both salaried and self-employed individuals with a stable monthly income.

• Credit Score A minimum CIBIL score of 710 or above is required.

• Income Minimum monthly income requirements may vary (e.g., as low as ₹30,000 in some cases).

Documents Required

The application process is primarily digital, requiring minimal documentation. During the video KYC process, you will need your physical PAN card. Other documents such as Aadhaar card, voter ID, driving license, or passport might be required for identity and address verification.

Prefer personal Loan

Eligibility Criteria

×

Sourcing- Selected Pincode Area

Open category – Self Employed, PartnerShip firm, Proprietor, Pvt Ltd Govt , Pvt ltd employees.

Target Segment Salaried and Self-employed individuals Geography 10,0000+ serviceable pin codes Min Loan Amount Rs. 25,000 Max Loan Amount Rs. 3 lakhs

Tenure6 - 48 months ROI15% - 36%Installment Cycle Monthly EMI- 5th of Every Month Collateral No Collateral Processing Fees to Applicant~4%Loan Payment Beneficiary Customer Loan Repayment BenificiaryLender collections account Repayment Through NACH and any other digital modes of collection Minimum Monthly Income INR 18K for Salaried (Metro- Tier1 cities), INR 15k for Tier2+ cities, INR 20k for Self Employed Age Group22 - 55 yearsIdentity ReachValid PAN or Aadhaar

NOTE : AFTER APPROVAL TAKE A SCREENSHOT AND THEN CONTACT WITH YOUR RM

Incread Finance

Eligibility Criteria

👍🏻Minimum NTH salary >15K

👍🏻Minimum CIBIL : 700

👍🏻 Age criteria: 21 to 56

👍🏻We will fund to employees of Proprietor ship, Partnership, LLP, Pvt Ltd, Public Ltd & Govt (class 4)

👍🏻Loan Amount: upto 10 Lakh

👍🏻 Tenure: upto 60 months

👍🏻 FOIR: upto 65% (Salary-wise)

👍🏻New to Credit- Yes (-1/0 CIBIL)

funding upto 3.5Lakh with EPF check

👍🏻We can fund Zero deduction salary Employees as well.

👍🏻We will fund for Bachelor accommodation - Single stay

👍🏻We will fund for Bachelor accommodation Staying with friends (for Employees NTH should be 25K employed with CAT A, B, C)

👍🏻BT - Yes (up to 3 CC or 3 PL)

👍🏻Login to Disbursal TAT 24Hrs for FTR cases.

Business loan:-

ABB Based

Amount Capping- 50k to 7.5 Lac

ROI-18.99%to 32%

upto 48 months

*Geo Limit - Pin code base.

*Both side rental funds (ONLY GST OWNER)

*COMPLETE DIGITAL PROCESS.

Negtive sectors :

Security services, media, TV, film, entertainment, publishing, lawyers, police, Army, DSAs, collection, jewellers, liquor shops, massage Parlor.

Fibe Loan

Eligibility Criteria

×

🎤🎤 The following are the salient features fibe.

* 100% Digital process.

* Present in all states PAN India.

* Status in just 10 minutes.

* Instant loan upto 5 lakhs.

* Zero foreclosure charges even after 1 day of disbursement.

* flexible repayment Tenure.

* Pay interest only on the amount used.

👉 Eligibility Criteria :

1. All salaried individuals.

2. Age limit between 19 to 55 Yrs.

3. Minimum salary

Tier 1 cities ---- 18k

Tier 2 & 3 ----- 15k

4. Loan amount : 5k to 500k

5. Tenure : 3 months - 36 months

6. Processing fee : 2.00%

7. Allowed only for the listed pin codes

(4000 pin codes available). List will be shared in groups.

8. CIBIL > 690

9. Salary credit Mandatory

Unity SFB Loan

Eligibility Criteria

Unity Bank Kyc Loans

Policy :-

1. Age Range : 23-55

2. Net Monthly Income of ₹20,000 Per Month

3. Cibil Score : 700+

4. Enquiries Not more than 2 in One Month

5. Rate - 16% Onwards

6. Location Doable as per Pincodes List

7. 18 Months Existing Loan Track Should be seen in

Cibil of Minimum ₹1,00,000

Bajaj Personal Loan

Eligibility Criteria

Sourcing - PAN INDIA

Target Business - Only Proprietorship Firm allowed

LOAN ELIGIBILITY CRITERIA

• Loan Amount - Upto 1.5 to 30 Lac

• Age - 24 to 66 Years

• Cibil Score - 720+ Accepted

• Business Vintage - Min 2 or 3 year old

• ABB Norms - Min 35K

• Loan Eligibility Basis - Banking / GST

• Business Ownership - Required

• Physical Verfication - depend upon the credit

• GST - Mandatory

Flexi Loan

FlexiLoans which is a brand owned by Epimoney Private Limited an RBI registered NBFC offers quick and hassle-free business loans without any collateral and paperwork. Whether you're a trader, retailer, service provider, or manufacturer, our loans are designed to help you grow.

Aspire

Apply for Personal Loans — Get quick cash in your account with our quick and easy online personal loan. Apply online now for swift funds to fulfill your financial needs. Paperless Loan. Instant Disbursement. Quick Disbursal.

Indify

MSME loan can offer funds for many crucial functions that are responsible for the development of a company. For instance, they can save their time by filling an online application form and confirming their requirements. They need not follow a long approval procedure while loan application on digital platforms

Potium

Protium offers business loans of up to ₹35 Lakhs through Bajaj Markets. You can use the funds to fulfil multiple financial needs of your business, like managing the working capital, purchasing equipment, and so on.

These affordable loans are available at interest rates starting from just 20.50% p.a. for tenures ranging up to 3 years.