Startup Business Funding Loans in India
Explore startup business funding options from Commercial Banks, NBFCs and Small Finance Banks. Review indicative loan amounts, interest rates, repayment tenures, fees, eligibility factors and documents before submitting a loan enquiry.
Startup Business Loan Options at a Glance
Commercial Banks
May offer competitive pricing for eligible applicants with suitable credit history, documented income, business activity and lender-specific eligibility.
View Bank RatesNBFCs & Fintech Lenders
Funding options for eligible businesses with varying credit, cash-flow and business-vintage requirements. Pricing and fees can differ significantly.
View NBFC RatesSmall Finance Banks
Options for eligible micro and small enterprises, subject to each bank's products, geography, credit checks and underwriting policies.
View SFB Rates1. Commercial Banks (Public & Private)
Commercial banks may offer a range of business finance products. Eligibility can depend on business activity, credit profile, financial records, collateral or scheme rules.
| Bank Name | Loan Amount | Tenure | Interest Rate (p.a.) | Processing Fee | Next Step |
|---|---|---|---|---|---|
| State Bank of India (SBI SME / Udaan) | ₹10 Lakh – ₹50 Cr+ | Up to 10 years | 9.00% – 13.50% | 0.50% – 1.50% + GST | |
| HDFC Bank (HDFC Business Loan) | Up to ₹75 Lakh – ₹1 Cr | 1 to 4 years | 9.99% – 21.00% | Up to 2.50% + GST | |
| ICICI Bank | Up to ₹1 Cr (Unsecured) | 1 to 5 years | 11.00% – 18.00% | 1.00% – 2.00% + GST | |
| Axis Bank (Axis Business Loan) | Up to ₹2 Cr | 6 to 60 months | 11.00% – 25.00% | Up to 2.00% + GST | |
| Kotak Mahindra Bank | Up to ₹1 Cr | 1 to 5 years | 9.50% – 20.00% | Up to 2.00% + GST | |
| Bank of Baroda | Up to ₹5 Cr+ | Up to 7 years | 9.25% – 14.50% | 0.50% – 1.25% + GST |
2. NBFCs & Fintech Lenders
NBFC and fintech business finance products may have different underwriting models and repayment terms. Faster processing is not guaranteed; eligibility, documentation and final decisions vary by lender.
| NBFC Name | Loan Amount | Tenure | Interest Rate (p.a.) | Processing Fee | Next Step |
|---|---|---|---|---|---|
| Tata Capital (Tata Startup Loan) | Up to ₹75 Lakh – ₹1 Cr | 1 to 3 years | 12.00% – 24.00% | Up to 2.00% – 3.00% + GST | |
| Bajaj Finance | Up to ₹80 Lakh | 1 to 8 years | 14.00% – 26.00% | Up to 3.00% + GST | |
| L&T Finance (L&T Business Finance) | Up to ₹1 Cr | 1 to 5 years | 10.00% – 20.00% | 1.00% – 3.00% + GST | |
| Lendingkart | Up to ₹40 Lakh | 6 to 36 months | 13.50% – 27.00% | 2.00% – 4.00% + GST | |
| Poonawalla Fincorp | Up to ₹50 Lakh | 1 to 3 years | 15.00% – 24.00% | Up to 3.00% + GST | |
| Shriram Finance (Shriram MSME Loan) | ₹1 Lakh – ₹10 Cr | Up to 7 years | 10.00% – 22.00% | Up to 2.50% + GST | |
| Indifi / NeoGrowth | ₹2 Lakh – ₹50 Lakh | 6 to 36 months | 18.00% – 28.00% | 2.00% – 3.50% + GST |
3. Small Finance Banks (SFBs)
Small Finance Banks may serve micro and small enterprises, subject to product availability, location, documented business activity, credit assessment and other lender rules.
| Small Finance Bank | Loan Amount | Tenure | Interest Rate (p.a.) | Processing Fee | Next Step |
|---|---|---|---|---|---|
| AU Small Finance Bank | Up to ₹1 Cr | 1 to 5 years | 12.00% – 22.00% | 1.50% – 2.50% + GST | |
| Equitas Small Finance Bank | Up to ₹50 Lakh | 1 to 5 years | 13.00% – 24.00% | Up to 2.50% + GST | |
| Ujjivan Small Finance Bank | Up to ₹30 Lakh | 1 to 4 years | 13.50% – 24.00% | Up to 2.00% + GST | |
| Jana Small Finance Bank | Up to ₹25 Lakh | 1 to 3 years | 14.00% – 26.00% | Up to 2.50% + GST | |
| Slice SFB / Capital SFB | ₹1 Lakh – ₹20 Lakh | 1 to 3 years | 11.10% – 24.00% | Up to 2.50% + GST |
Government-Backed Startup & Business Funding Schemes
Pradhan Mantri MUDRA Yojana (PMMY)
Eligible micro enterprises may explore MUDRA loan categories such as Shishu, Kishore and Tarun. The applicable amount, category, eligibility and any enhanced category conditions must be confirmed from current official scheme guidance and the lending institution.
Credit Guarantee Scheme for Startups (CGSS)
Eligible startups may check whether a participating lender can consider credit facilities under the applicable CGSS framework. Coverage is subject to scheme rules, eligible borrower criteria and lender approval; it is not a guaranteed loan.
CGTMSE
Eligible micro and small enterprises may ask lenders about credit facilities covered under the applicable CGTMSE guarantee framework. Guarantee coverage is not the same as loan approval and is subject to prevailing rules.
JanSamarth Portal
Applicants can check eligible credit-linked government schemes through the official JanSamarth portal and participating lenders. Scheme availability and eligibility can change, so verify the current details before proceeding.
Government scheme names are provided for general information only. Scheme eligibility, limits, coverage, application routes and current conditions should be verified through official government portals and participating lenders. LoansBazaar India does not guarantee scheme eligibility or sanction.
Key Eligibility Factors for Startups
Business Stage & Vintage
New idea-stage businesses and operating businesses may have different funding options. Some lenders require a documented operating history and verified business activity.
Credit Profile
Personal and business credit history, existing obligations, repayment track record and lender-specific score requirements may influence the decision.
Cash Flow & Financials
Turnover, bank statements, income-tax returns, GST records (where applicable), profitability and ability to repay may be assessed.
DPIIT Recognition & Scheme Rules
DPIIT recognition may be relevant for certain startup-specific programs. It is not a universal requirement for every business loan; check the exact lender or scheme criteria.
Documents Required for a Startup Business Loan
The exact list depends on the applicant type, lender, amount, security and government scheme. Prepare the applicable documents from this checklist:
Applicant KYC
- PAN card
- Aadhaar or other accepted identity proof
- Current address proof
- Recent photograph, if requested
- Contact details and applicant information
Business Proof
- Business registration / incorporation documents
- Partnership deed or LLP/company documents, where applicable
- Udyam Registration, if applicable
- GST registration and returns, if applicable
- DPIIT recognition certificate, if applicable to the scheme
Financial Documents
- Business and personal bank statements, as requested
- Income-tax returns and financial statements, where available
- Profit & loss statement and balance sheet, if applicable
- Sales invoices, cash-flow details and existing loan statements
- GST returns, where applicable
Project & Loan Purpose
- Business plan or project report
- Estimated setup and operating costs
- Machinery / equipment quotations, if applicable
- Use-of-funds and repayment plan
- Collateral or guarantor documents, only if required
Key Features of Startup Business Funding
- Funding options may be available through commercial banks, NBFCs and Small Finance Banks.
- Depending on the product, facilities may be secured or unsecured and may support eligible business purposes such as working capital, equipment, inventory or expansion.
- Interest rates, fees, repayment frequency and tenure vary by lender and applicant profile.
- Government-backed credit guarantee programs may be relevant for eligible applicants, but they do not guarantee loan approval.
- Compare the total borrowing cost, including processing fee, GST, insurance (if applicable), prepayment terms and other charges—not just the advertised interest rate.
How to Apply with LoansBazaar India
- Share your enquiry: Submit the loan enquiry form with your funding requirement and business details.
- Review your profile: Keep relevant KYC, business and financial documents ready.
- Explore options: Compare potentially suitable lender or scheme options, subject to availability and eligibility.
- Submit application: Complete the lender's required application and verification process.
- Lender decision: The lender independently evaluates the application and decides the final amount, rate, tenure and approval.
Looking for Startup Business Funding?
Submit your enquiry to explore potentially suitable business loan options. Applying through LoansBazaar India is a request for assistance, not a guarantee of loan approval.
Other Business & Loan Products
Machinery & Equipment Loan
Explore financing for eligible business machinery and equipment.
Apply NowLoan Against Property (LAP)
Secured funding may be considered against eligible property, subject to lender rules.
Apply NowProfessional / Personal Loan
Explore other loan enquiry options based on your profile and requirement.
Apply NowFrequently Asked Questions
Can a startup apply for a business loan without a long business history?
Possibly, depending on the lender and product. Idea-stage startups may need a viable project plan, promoter contribution or other supporting information, while many regular business loan products assess operating history and cash flow. Check scheme-specific criteria before applying.
Is DPIIT Startup recognition required for every startup loan?
No. It may be relevant to certain startup-specific schemes, but not every bank, NBFC or SFB product requires DPIIT recognition. Confirm the requirements for the specific product or scheme.
Is a 700+ credit score mandatory?
Not universally. Credit score requirements vary by lender, product and applicant profile. A stronger repayment history may help, but approval depends on the lender's complete assessment.
Are the interest rates shown guaranteed or the lowest in India?
No. The figures are indicative and have not been independently verified against current official lender documents. Actual pricing and approval depend on lender policy, credit profile, documents, business activity and other factors.
Does applying through LoansBazaar India guarantee approval?
No. LoansBazaar India provides loan enquiry and application assistance. The lender makes the final decision on eligibility, approval, amount, interest rate, tenure and charges.
How can I estimate the monthly EMI?
Use the EMI Calculator to estimate a possible repayment amount. The result is an estimate; the lender's final repayment schedule may differ due to the sanctioned rate, fees, repayment structure and other terms.
Contact LoansBazaar India
Website: loansbazaarindia.com
Loan Enquiry / Apply Now: Submit an online enquiry
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Important Disclaimer
LoansBazaar India is a loan enquiry and application assistance platform and is not a bank or lender. This page is for general information only. The lender names, product names, loan amounts, interest rates, tenures and processing fees above are reproduced from information supplied for this page and have not been independently verified against current official lender documents as of the page information date, 24 October 2026. The date does not mean that rates or scheme terms have been verified. Terms may change without notice. Actual eligibility, interest rate, loan amount, tenure, fees, collateral requirements and approval are subject to the relevant lender's current policies, documents, credit assessment and final decision. Government scheme eligibility and benefits are subject to current official rules and participating lender requirements. Listing a lender does not imply a partnership, endorsement or guaranteed product availability. Apply Now buttons lead to the LoansBazaar India enquiry page, not directly to the lender's official application portal. Please verify all details and charges with the lender before making a financial decision.