Business Loan Online
Get online business loan up to ₹ 30 Lakhs with easy steps, quick turnaround, and transparent process.
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- Already Applied?
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Empower your business growth with an Unsecured Business Loan from Piramal Finance – fast, hassle-free, and collateral-free!
We understand your financial needs, whether it's for business expansion, working capital, or purchasing machinery. That's why we offer quick business loans without collateral, competitive interest rates, and a seamless application process to help you achieve your goals with ease.
Neeyat Stories
Key Features of Online Business Loan
No Collateral Requirement
The best factor of an unsecured business loan is that it requires no collateral for sanction. It involves a reliable and quick process with minimal documentation. Your assets remain safe.
Seamless Cash Flow
An unsecured business loan offers a quick process and prompt disbursement of the loan amount. Quick funding is mostly required in many business sectors. So, this loan option proves to be beneficial.
Online Process
The significant advantage of an unsecured business loan is it can be acquired through an online process. You can apply the same on the official website with the required details and documentation. No complicated paperwork anymore.
Quick Disbursement
An unsecured business loan gets you faster disbursement with a simple process. It requires no collateral thereby, saving time for its verification. Moreover, the application process involves less documentation.
Transparency
We maintain complete transparent communication with our borrowers. All the necessary charges are properly disclosed to you without hiding any other charges. Our loan experts will be there to assist you in your loan process.
Business Loan Calculators
Use our Business Loan Calculators to check your eligibility and estimate your monthly EMIs instantly-enter a few basic details!
- Calculate your monthly business loan EMIs with ease.
- Check your business loan eligibility now.
Schedule of Charges for Unsecured Business Loan
Before applying for a loan at any financial institution, you must know their interest rate and other applicable charges. Knowing this beforehand leads to proper planning and informed decisions.
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Row 1
- Features & Fees
- Details
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Row 2
- Loan Amount
- ₹ 5 Lakhs - ₹ 30 Lakhs (₹15 Lakhs - ₹ 30 Lakhs for UBL+)
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Row 3
- Rate of Interest
- 16% - 25% p. a.
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Row 4
- Loan Tenure
- Up to 10 years
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Row 5
- Loan Processing
- Up to 5% of the loan + applicable taxes
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Row 6
- Part-payment and Pre-closure Charges
- 5% of the principal charges being prepaid + applicable taxes
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Row 7
- Stamp Duty Charges
- At actuals
How To Apply for Business Loan Online?
At Piramal Finance, you can apply online for an unsecured business loan with easy steps and minimum documentation. Here are the required steps:
- Apply Now
- Click on the Apply Loan Nowbutton as displayed on the page.
- Enter Details
- Enter your KYC decisions and business details and submit the necessary documents.
- Documents Verification:
- Once the submitted documents are verified, we will promptly approve your loan.
- Loan Disbursal:
- Subsequently, your loan amount will be disbursed to your specified account.
Essential Checklist for Your Business Loan Application
Success Stories: Empowering Businesses with Piramal Finance
Securing a Business Loan for Growth & Stability
Client: Nirmal Dand, Financial Planner
As a financial planner, Nirmal Dand needed a business loan after finalizing a property deal. He found Piramal Finance to be the best choice, as they provided personalized guidance and a smooth loan process. Their dedicated team ensured that every requirement was met, making the experience stress-free.When I needed a loan for my property, I chose Piramal Finance. Their team guided me through every step, ensuring a hassle-free experience. Their customer-centric approach made all the difference!” – Nirmal Dand
Expanding a Manufacturing Business with Ease
Client: Mohd Irshad Ansari, VT Engineering, Indore
Mohd Irshad Ansari sought financial support to expand his engineering business. He turned to Piramal Finance, where he experienced a seamless loan process handled with the utmost professionalism. The team patiently addressed all his concerns and ensured a smooth loan approval. I availed a business expansion loan from Piramal Finance and was impressed by their professionalism and efficiency. They patiently answered all my queries, making the entire process hassle-free. Thanks for the excellent service!” - Mohd Irshad Ansari
A loan for different customers
This loan is not limited to any group of customers or professionals. Be it self-employed professionals or future business tycoons, or self-employed non-professionals, everyone can avail of new business loans without any hassle. If you have a business vintage of a minimum of 4 years, you are all set to kickstart your business loan application.
Additional Business Loan Options
Secured Business Loan
Get up to ₹35 Lakhs by pledging your assets, ensuring lower interest rates and higher loan eligibility.
Loan up to
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Loan tenure up to
15 years
Loan Against Property (LAP)
Leverage your property's value to access funds from ₹35 Lakhs to ₹1.5 Crore+ for business growth.
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Loan tenure up to
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Working capital Loan
A Working Capital Loan helps businesses manage daily operations by covering short-term expenses like payroll, rent, and inventory, ensuring smooth cash flow.
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Loan tenure up to
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Micro Loan Against Property
Secure up to ₹15 Lakhs even without documented income proof, with flexible repayment options.
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Loan tenure up to
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Regulatory Compliance & References for Business Loan
Piramal Finance follows all Reserve Bank of India (RBI) regulations for lending and financial transactions. Key regulatory aspects include:
- Loan Disbursal & Interest Rates: Governed by RBI’s fair lending practices.
- Processing Fees & Charges: In compliance with RBI’s guidelines on transparent lending.
- Loan Recovery & Asset Seizure: Adheres to RBI’s legal framework, ensuring ethical loan recovery practices.
- Credit Bureau Reporting: Loans are reported to credit bureaus per RBI directives.
For more information on RBI business loan policies, visit: www.rbi.org.in
Types of Business Loan
Short Term Loans
Short term loan offers you access to a relatively small amount of capital for a brief period, making them ideal for addressing immediate financial needs with quicker repayment schedules.
Term Loan
Term loan provides a fixed amount of money, repaid over a specified period through regular installments. It is commonly used for business expansion or capital investments.
Startup Business Loans
The loan provides funding to new and emerging companies, helping them cover initial expenses, invest in growth, and establish their presence in the market.
Supply Chain Finance
Supply Chain Finance ensures smooth operations and reduces working capital constraints, benefiting buyers and suppliers.
Shop Loan
Shop loan is designed to assist retail shops in managing expenses, restocking inventory, or making necessary upgrades to the storefronts.
Inventory Financing
It helps businesses purchase or manage the inventory. It provides capital to acquire goods for sale, maintain stock levels, and meet customer demand.
Loan for Restaurant
Restaurant loan provides funding for your various restaurant-related expenses, such as opening a new establishment, purchasing equipment, or covering working capital needs.
Medical Equipment Loan
Medical equipment loan helps healthcare providers and organisations to acquire essential medical devices and equipment without a substantial upfront cost.
Business Loan for Doctors
It provides medical practitioners with capital to expand the practices, invest in equipment, hire staff, or cover operational expenses to enhance patient care.
Self-employed Loan
It offers financial assistance to independent entrepreneurs and freelancers, enabling them to invest in the businesses, cover expenses, or seize growth.
MSME Loan / SME Loan
Micro, Small & Medium Enterprises loan is designed to provide small and medium size businesses with the necessary capital for growth and expansion.
Get a Quick Business Loan from the Nearest Piramal Finance Branch
Business Loan in
Frequently asked questions
Disclaimer: Terms & Conditions Apply
- Loan approval is subject to eligibility criteria and documentation verification. Piramal Finance reserves the right to approve or reject applications.
- Interest rates, processing fees, and loan tenure are subject to change based on market conditions and the applicant’s credit profile.
- Failure to repay the loan on time may result in penalties, asset seizure (for secured loans), and impact on credit score.
- Prepayment and pre-closure charges apply as per the loan agreement.
- Stamp duty and applicable taxes will be charged based on state regulations.
Need help? Email our customer support team at customercare@piramalfinance.com or call us at toll-free number 1800 266 6444. Visit Contact Us to get more information.
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