CIBIL-Based Business Loan — Secured & Unsecured

Bank and NBFC business loans for applicants with a good credit score — unsecured or secured, often at sharper rates.

Secured & unsecuredBanks & NBFCs
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We do not publish fixed rates. Interest rate, amount and tenure are decided by the lender based on your profile.

Check your loan options

Takes about a minute. We call you back within 10 minutes in working hours.

Step 1 of 4Your requirement
Which loan do you need? *
₹
₹1 L₹5 Cr
Applying as *
GST registered? *
File income tax returns? *
No CIBIL score needed. We look at your turnover and bank statements instead.

Checking options does not affect your credit score.

Overview

If you have a healthy credit score and filed returns, banks and NBFCs can offer business loans with larger amounts, longer tenures and sharper interest rates. These loans can be unsecured (no collateral) or secured against property. We help you choose between them and prepare a complete file for the lender.

Who it is suitable for

  • Proprietorships, partnerships, LLPs and companies with a running business
  • Self-employed professionals such as doctors, CAs and architects
  • Businesses with regular banking transactions and filed returns
  • Owners who prefer not to offer property as collateral

Possible use cases

Expanding to a new location or marketFunding stock and inventory purchasesMeeting short-term working-capital needsMarketing, hiring and technology upgradesConsolidating higher-cost borrowings (subject to lender policy)

General eligibility factors

Lenders typically look at the following. There is no single fixed criterion — each lender applies its own policy.

  • Business vintage and stability
  • Turnover and profitability as per ITR / financials
  • Banking behaviour and average balances
  • Credit score and repayment track record
  • Existing EMIs and overall obligations
  • Nature of business and location

Documents generally required

  • PAN
  • Aadhaar / permitted identity documents
  • Business registration documents
  • GST registration
  • Udyam registration
  • Business address proof
  • Bank statements
  • Income Tax Returns
  • GST returns
  • Profit & Loss statement
  • Balance Sheet
  • Existing loan statements
  • Property documents for secured loans

The actual document requirement varies according to the lender, product and applicant profile.

How the process works

  1. 01

    Tell us your requirement

    Share basic details about your business and the funding you need.

  2. 02

    We understand your business

    A finance advisor reviews your profile and requirement.

  3. 03

    Explore suitable options

    We help identify potentially suitable lending partners.

  4. 04

    Application & lender decision

    Complete documentation with the selected lender, who takes the final decision.

FAQs

Is collateral needed?

Not for the unsecured version. A secured version against property may allow a higher amount and lower rate. The lender decides based on its policy and your profile.

My CIBIL score is low. What can I do?

Look at our Turnover-Based Loan, where a CIBIL score is not required and eligibility is based on your business turnover.

How much can I get?

The amount depends on the lender’s assessment of your turnover, profits, banking, credit history and existing obligations.

How long does it take?

Timelines vary by lender and by how quickly documents are shared. A complete file usually moves faster.

Important: MyBusinessLoans.in is a financial services facilitator and does not itself represent that it is a bank or lending institution. We assist customers in exploring financing opportunities from participating lending partners. Loan approval, sanction amount, interest rate, processing fees, tenure and all other lending terms are determined solely by the respective lender based on its policies and the applicant's eligibility. Submission of an application or enquiry does not guarantee approval or disbursement.