Overview
Many genuine businesses are turned away only because of a low credit score, no credit history or an old repayment issue — even when their business is running well. Our turnover-based business loan looks at what your business actually does: your sales, your GST returns and the money flowing through your bank account. A CIBIL score is not required for this product. It is unsecured, so you do not need to pledge property. We help you prepare your file and connect you with lending partners that offer turnover-based finance.
Who it is suitable for
- Business owners with a low CIBIL score or no credit history
- Shops, traders, distributors, manufacturers and service businesses with regular sales
- Individuals running a self-employed business (proprietors, professionals, contractors)
- Businesses that deposit their sales into a bank account regularly
- First-time borrowers who have never taken a loan before
- Owners who do not want to pledge property or gold
Possible use cases
General eligibility factors
Lenders typically look at the following. There is no single fixed criterion — each lender applies its own policy.
- Business turnover (as seen in bank statements and GST returns)
- Regular credits / deposits in the business bank account
- Business vintage — how long the business has been running
- Consistency of monthly sales
- Existing EMIs visible in the bank statement
- KYC and business proof
- Note: a CIBIL score is not required for this product. Lenders still verify KYC and banking.
Documents generally required
- PAN & Aadhaar of the applicant
- 12 months bank statements (main business account)
- GST certificate and GST returns (if registered)
- Business proof — Udyam / shop licence / GST
- Business address proof
The actual document requirement varies according to the lender, product and applicant profile.
How the process works
- 01
Share your turnover
Tell us your monthly sales, bank credits and requirement — no CIBIL score needed.
- 02
Bank statement check
We review 12 months of bank statements and GST returns to estimate a suitable amount.
- 03
Lender matching
Your file goes to a lending partner that offers turnover-based, no-CIBIL finance.
- 04
Lender decision & disbursement
The lender evaluates and decides; the amount is disbursed directly to your bank account.
FAQs
Is a CIBIL score really not required?
For this turnover-based product, our lending partners do not use a CIBIL score as the eligibility criterion. Eligibility is assessed on your business turnover and bank statement activity. Lenders still verify your KYC, business proof and banking.
I have a low CIBIL score / a past default. Can I apply?
Yes. This product is designed for business owners whose business is running well but whose credit score is low or unavailable. The lender looks at your current business turnover.
I have never taken a loan. Can I apply?
Yes. First-time borrowers with no credit history can apply based on their business turnover.
How much can I get?
The amount depends on your monthly bank credits, turnover and business vintage, as assessed by the lender. Share your bank statements and we will give you a realistic estimate.
Do I need to give property as security?
No. This is an unsecured loan — no property or collateral is required.
Can an individual apply?
Yes — if you run a business or are self-employed and your business income flows through your bank account.
Is GST registration mandatory?
Not always. GST returns help, but bank statements are the main proof of turnover. Some lenders may require GST for higher amounts.