Business Loan

The flexible and simple business loans offered by Vira Finance can help you build your company. Our business loans are made to make it easy for you to succeed, whether you're managing cash flow, buying new equipment, or growing your company.

Kotak Bank Business Loan

Interest Rate

16% - 28%

Loan Amount

₹3L - ₹75L

EMI Per Lakh

₹2,432 - ₹3,114

Processing Fees

Up to 2%

Pre-Payment Charges

Up to 4% of outstanding amount.

ICICI Bank Business Loan

Interest Rate

12.5% - 16%

Loan Amount

₹1L - ₹40L

EMI Per Lakh

₹2,250 - ₹2,432

Processing Fees

Up to 2% (plus applicable taxes) of the facility amount

Pre-Payment Charges

Charged as per the terms and conditions mentioned in the sanction letter.

HDFC Sales Business Loan

Interest Rate

11.9% - 21.35%

Loan Amount

Up to ₹40L

EMI Per Lakh

₹2,219 - ₹2,725

Processing Fees

For availing fresh business loan: Up to 2% plus GST

Pre-Payment Charges

06 – 24 months: 4% of total principal outstanding,

Bank of India Business Loan

Interest Rate

10.2% - 12.95%

Loan Amount

₹5L - ₹5Cr

EMI Per Lakh

₹2,135 - ₹2,273

Processing Fees

Starting from ₹500 – 10,000

Pre-Payment Charges

Bank of Baroda Business Loan

Interest Rate

6.75% - 13.5%

Loan Amount

₹5L - ₹50L

EMI Per Lakh

₹1,968 - ₹2,301

Processing Fees

Up to 3% of the loan amount

Pre-Payment Charges

Up to 12 months : 2% ,More than 12 months: Nil

Tata Capital Financial Services LTD Business Loan

Interest Rate

12% - 17.5%

Loan Amount

₹5L - ₹75L

EMI Per Lakh

₹2,224 - ₹2,512

Processing Fees

Up to 2.75% of the loan amount plus GST

Pre-Payment Charges

4.5% on future principal outstanding on existing loan plus GST

Tata Capital Housing Finance Limited Business Loan

Interest Rate

19%

Loan Amount

₹5L - ₹75L

EMI Per Lakh

₹2,594

Processing Fees

Up to 2.75% of the loan amount plus GST

Pre-Payment Charges

Up to 2.75% of the loan amount plus GST

L&T Finance Business Loan

Interest Rate

15.5% - 24%

Loan Amount

Up to ₹50L

EMI Per Lakh

₹2,405 - ₹2,877

Processing Fees

1% of the loan amount (fixed)

Pre-Payment Charges

Aditya Birla Finance Limited Business Loan

Interest Rate

14%

Loan Amount

₹50K - ₹1Cr

EMI Per Lakh

₹2,327

Processing Fees

Up to 2% of the loan amount

Pre-Payment Charges

2% of the amount prepaid.

Loan Amount:

₹

₹ 5 Lac ₹ 20 Cr

Loan Tenure (Years):

Years

5 30

Rate of Interest:

1 20

Monthly Loan EMI:

0.00

Total Amount Payable:

0.00

Principal Amount

0.00

Interest Payable

0.00

Our Business Loans' Features

Loan Amounts Up to ₹1 Crore: Use loan amounts ranging from ₹1 lakh to ₹1 crore to finance your company's demands.
Low Interest Rates: With interest rates as low as 12%, you may expand without worrying about money.
Flexible payback Options: Based on your cash flow, select payback terms from 12 to 60 months.
Fast and Simple Approval: Obtain quick approvals and payouts to maintain the efficiency of your company.
No Security Needed: There are accessible unsecured company loans that don't require asset pledges.
Balance Transfer: Switch to Vira Finance from your current high-interest business loan for more favourable terms and rates.

Qualifications

Age range: 25–65
Business Retro: three years minimum of experience operating a business
Minimum ₹10 lakh in annual turnover
For easy acceptance, your credit score must be 650 or above.

Documents Needed:

Passport, PAN, or Aadhaar Identity Proof
Proof of Address: Utility bills or business addresses; Proof of Income: Two years' worth of ITRs and six months' worth of bank statements
Business Evidence: Certificates of business registration and GST registration
Pictures: passport-sized pictures

Why Opt for Vira Financing?

Tailored for Businesses: Loans created with SMEs' and startups' unique requirements in mind.
Quick Disbursal: Receive money when you need it most, with little documentation required and quick processing.
No Unexpected Fees: An open and honest procedure free of any hidden costs.
Professional Advice: Committed relationship managers to help you at every stage of the financing process.
Flexible EMI alternatives: To make repayments easier, select EMI alternatives that align with your company's financial flow.

FAQ

1: How much is the maximum loan amount I am eligible for?
Depending on your qualifications and business turnover, you may apply for a business loan of up to ₹1 crore.

2. What rates of interest do you provide?
Our competitive interest rates begin at 12% and vary based on the size and length of your loan.

3. What is the duration of loan processing?
Your loan will be disbursed within 48 hours after approval thanks to our speedy approval and disbursement process.

4. Is a company loan subject to collateral requirements?
No, we do not need collateral because we offer unsecured company loans.

5. Can my company loan be repaid early?
Yes, there are no extra fees if you want to pay off your loan early.

Connect With Us

info@virafinance.in

Consult Email

info@virafinance.in

Phone

+919266626668

Have Query ? Reach Out Us!