Corporate Term Loan in India
Explore corporate term loan options for business expansion, plant and machinery, technology upgrades, project finance and eligible debt refinancing. LoansBazaar India helps businesses compare available financing options from banks and financial institutions and prepare their loan enquiries.
Indicative loan range: ₹10 Lakh to ₹500+ Crore
Indicative tenure: 1 to 10 years
Indicative interest range: 8.25% to 22.00% p.a.
Corporate Term Loan at a Glance
Business Expansion
Funding enquiries for capacity expansion, new facilities, additional branches and business growth projects.
Machinery & Equipment
Explore financing for eligible plant, machinery, production equipment and technology upgrades.
Flexible Loan Structures
Repayment structure, security and tenure depend on lender policy, project cash flows and credit assessment.
Multiple Lender Options
Compare available financing routes through banks, NBFCs and other eligible financial institutions.
What Is a Corporate Term Loan?
A corporate term loan is financing provided for an agreed period, usually with scheduled repayments. Eligible businesses may use the funds for capital expenditure, infrastructure, machinery, technology, expansion or refinancing, subject to the lender's permitted end-use policy.
The loan amount, interest rate, security, repayment schedule and fees depend on the borrower's financial position, credit profile, project viability and lender assessment.
Corporate Term Loan Interest Rates & Charges
The following are the indicative ranges supplied for this page. They are not guaranteed or confirmed current offers from individual lenders.
₹10 Lakh to ₹500+ Crore
Actual limits depend on the lender, borrowing entity, project size and eligibility.
8.25%–22.00% p.a.
Rates can be fixed or floating and may differ by lender and borrower risk profile.
0.50%–3.00% + GST
Actual fees and any additional charges must be confirmed in the lender's offer.
1–10 Years
Some secured infrastructure or real-estate projects may have longer repayment periods, subject to lender policy.
1. Commercial Banks (PSU & Private)
Commercial banks may provide corporate financing based on audited financials, repayment capacity, project viability, security and applicable credit policies.
| Lender | Loan Amount (Min – Max) | Tenure | Interest Rate (p.a.) | Processing Fee |
|---|---|---|---|---|
| State Bank of India (SBI) | ₹50 Lakh – No upper ceiling (Project based) | 3 – 10 Years | 8.40% – 12.50% | 0.50% – 1.50% + GST |
| HDFC Bank | ₹50 Lakh – ₹100+ Crore | 1 – 7 Years | 8.75% – 14.50% | 0.50% – 2.00% + GST |
| ICICI Bank | ₹25 Lakh – ₹100+ Crore | 1 – 7 Years | 8.65% – 14.00% | Up to 2.00% + GST |
| Axis Bank | ₹25 Lakh – ₹50+ Crore | 1 – 7 Years | 8.90% – 14.75% | 1.00% – 2.00% + GST |
| Bank of Baroda | ₹50 Lakh – ₹250+ Crore | 1 – 10 Years | 8.50% – 13.00% | 0.50% – 1.50% + GST |
| Punjab National Bank | ₹25 Lakh – ₹100+ Crore | 1 – 10 Years | 8.55% – 13.25% | 0.50% – 1.25% + GST |
2. Non-Banking Financial Companies (NBFCs)
NBFCs may offer structured financing for eligible businesses. Underwriting, collateral requirements, documentation, pricing and turnaround times vary by product and lender.
| Lender | Loan Amount (Min – Max) | Tenure | Interest Rate (p.a.) | Processing Fee |
|---|---|---|---|---|
| Tata Capital | ₹20 Lakh – ₹50 Crore | 1 – 5 Years | 10.50% – 18.00% | Up to 2.50% + GST |
| Bajaj Finserv | ₹10 Lakh – ₹30 Crore | 1 – 5 Years | 11.00% – 18.00% | Up to 2.50% + GST |
| L&T Finance | ₹25 Lakh – ₹75 Crore | 2 – 7 Years | 9.75% – 16.00% | 1.00% – 3.00% + GST |
| Piramal Capital | ₹50 Lakh – ₹50+ Crore | 1 – 7 Years | 10.50% – 17.50% | 1.00% – 2.50% + GST |
| Aditya Birla Capital | ₹25 Lakh – ₹40 Crore | 1 – 5 Years | 10.25% – 16.50% | 1.00% – 2.00% + GST |
| Mahindra Finance | ₹10 Lakh – ₹25 Crore | 1 – 5 Years | 11.50% – 19.00% | Up to 3.00% + GST |
3. Small Finance Banks (SFBs)
Small Finance Banks may assess eligible MSMEs and businesses based on repayment capacity, cash flow, banking conduct, credit history and security where required.
| Lender | Loan Amount (Min – Max) | Tenure | Interest Rate (p.a.) | Processing Fee |
|---|---|---|---|---|
| AU Small Finance Bank | ₹10 Lakh – ₹15 Crore | 1 – 7 Years | 11.00% – 18.00% | 1.00% – 2.00% + GST |
| Equitas Small Finance Bank | ₹10 Lakh – ₹10 Crore | 1 – 5 Years | 11.50% – 19.00% | Up to 2.50% + GST |
| Ujjivan Small Finance Bank | ₹5 Lakh – ₹5 Crore | 1 – 5 Years | 12.00% – 20.00% | 1.50% – 2.50% + GST |
| Jana Small Finance Bank | ₹10 Lakh – ₹5 Crore | 1 – 5 Years | 12.50% – 21.00% | Up to 2.50% + GST |
| Slice Small Finance Bank | ₹5 Lakh – ₹3 Crore | 1 – 3 Years | 11.10% – 22.00% | Up to 2.00% + GST |
Key Structural Distinctions
Pricing Benchmarks
Commercial bank lending may be linked to applicable external or internal benchmarks. NBFC and SFB pricing structures depend on their policies and product terms.
Collateral & Security
Financing may be secured against property, plant and machinery, receivables or other acceptable assets. Some facilities may be structured differently subject to eligibility.
Statutory & Other Charges
Stamp duty, appraisal or inspection charges, ROC filing fees and other applicable expenses may be payable separately.
Corporate Term Loan: Key Features
Loan Purpose
Eligible capital expenditure, business expansion, new plants, machinery, technology upgrades, R&D and permitted refinancing.
Tenure & Repayment
Short-term facilities may run for 12–18 months, medium-term facilities may extend up to 5 years, and long-term facilities may run for 5 to 10+ years. Some secured infrastructure or real-estate projects may qualify for up to 15 years.
Fixed or Floating Rates
Rates may be fixed or floating according to the sanctioned facility and lender's applicable benchmark and terms.
Repayment Schedules
Repayment may be monthly, quarterly, semi-annual, annual or otherwise structured in accordance with the sanction terms.
Secured or Unsecured
Security requirements depend on the product, amount, borrower creditworthiness, financial strength and lender policy.
Moratorium & Rescheduling
A moratorium, top-up or rescheduling may be considered by the lender where the facility and borrower qualify. None is guaranteed.
Specialized cross-border or foreign-currency facilities, including eligible FCNR(B)-related structures, are subject to applicable regulations, borrower eligibility and the lender's product terms.
Documents Required for Corporate Term Loans
The final checklist depends on the borrowing entity, facility, lender and proposed use of funds.
Business & Entity Proofs
- Certificate of Incorporation, MOA and AOA, as applicable
- Partnership Deed or LLP Agreement, where applicable
- Board Resolution authorizing borrowing, where required
- Business registration and applicable trade licences
- GST registration certificate and GST returns, typically for the last 12 months where applicable
- Business PAN and TAN, as applicable
Financial & Tax Documents
- Audited balance sheets, P&L and cash-flow statements for the last 2 to 3 years
- Business and key promoter/director ITRs for the last 2–3 years, as applicable
- Projected financial statements and balance sheets
- Current-account bank statements for 6 to 12 months
- Details of existing loans, credit facilities and sanctioned limits
- Repayment track record and No Dues Certificate, if applicable
KYC & Address Proofs
- PAN, Aadhaar or other accepted KYC documents of promoters/directors
- Passport or Voter ID where accepted and required
- Proof of registered office and business address
- Office/factory ownership documents or lease agreement
- Shareholding and beneficial ownership details, if requested
Project & Collateral Documents
- Detailed Project Report (DPR) or business expansion plan
- Purpose and end-use details for the proposed funding
- Machinery quotations, invoices and project cost estimates, as applicable
- Property title deeds and valuation reports for secured facilities
- Legal clearance and other collateral-related documents, where required
Important Loan Structuring Considerations
- Moratorium: Some project loans may allow an agreed period before principal repayments begin, subject to the sanction terms.
- Top-up or rescheduling: Existing borrowers may request additional funding or revised repayment terms, subject to a fresh assessment and lender approval.
- Financial covenants: Loan agreements may specify minimum DSCR, current ratio, debt-to-equity or other financial requirements.
- Promoter contribution: The borrower may need to contribute a portion of project costs from its own funds.
- Guarantees and security: Personal or corporate guarantees and asset charges may be required according to the facility.
Explore All LoansBazaar India Products
Explore financing enquiries across retail, business, corporate, MSME, institutional and specialized finance categories. Product availability depends on lender coverage and eligibility.
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- Corporate Term Loan
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Corporate & Large Business Finance
- Corporate Term Loans
- Large Business Finance
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How the LoansBazaar India Process Works
01. Understand
Share your funding requirement, business profile, amount and purpose.
02. Compare
Explore potentially suitable financing options, subject to lender coverage and eligibility.
03. Prepare
Organize financial statements, KYC, project reports and other requested documents.
04. Apply & Track
Submit an enquiry or application through the relevant process and follow up as required.
Planning a Corporate Term Loan?
Share your approximate loan amount, business constitution, funding purpose and repayment requirements to begin a financing enquiry.
Frequently Asked Questions
What is the minimum and maximum corporate term loan amount?
The broad indicative range shown on this page is ₹10 Lakh to over ₹500+ Crore. Actual minimum and maximum amounts vary by lender, borrower profile and project.
What interest rates are available for corporate term loans?
The indicative overall range on this page is 8.25% to 22.00% p.a. These are not guaranteed live quotes. Confirm the applicable rate directly through the relevant lender's official offer and sanction terms.
Can a company apply for an unsecured corporate term loan?
Some lenders may consider unsecured or cash-flow-based financing for eligible borrowers. Approval, amount and pricing depend on creditworthiness, financial strength and lender policy.
Is GST registration mandatory?
GST requirements depend on the business, applicable law, the lender's product and the nature of the transaction. The lender may request GST registration and returns where applicable.
Can the repayment tenure be extended?
Borrowers may request restructuring or rescheduling, but changes are subject to lender assessment, contractual terms and approval.
Does submitting an enquiry guarantee approval?
No. An enquiry or application does not guarantee approval, a particular interest rate, a loan amount or a disbursement. The lender makes the final decision after its assessment.
How can I calculate my estimated EMI?
Use the LoansBazaar India EMI Calculator to estimate repayments. The final repayment schedule may differ because of the actual rate, fees, repayment structure and lender terms.
Last Updated: 26 October 2026