Doctor Loan
Chartered Accountant Loan
Professional Loan
Supply Chain Financing
How to Avail Shop Loan to Secure your Business
Mar 10, 2025 | 4 mins read
Fuel your business growth with our instant business loan with interest rate starting from 15%* p.a. Get financing up to ₹ 1 cr with a repayment tenure of up to 60 months. Our online business loans collateral-free and have a simple application process. You can get quick loan approval and disbursal directly into your bank account. Our dedicated team is committed to providing personalised support and ensuring a seamless experience for you.
Business Loan EMI Calculator
Results generated by the calculator(s) are indicative in nature.
Preferred loan amount
₹
₹ 7,00,000
₹ 1,00,00,000
Interest rate (per annum)
%
15.00%
21.50%
Loan tenure (months)
12 months
60 months
Estimated EMI
per month- ₹ 63,181
Interest payable
₹58,170
Business Loan Eligibility & Documents Required
Eligibility for Business
Age:
24 to 65 years
Turnover:
₹ 80 Lakh to ₹ 500 Crore
Ownership
Residence or Office to be owned
Minimum Business Vintage:
Your business should have been operational for at least 3 years.
Credit History:
A minimum of 6 months of credit history is required.
Documents Required for Business Loan
KYC Documents
Entity - PAN Details, Entity Registration Docs - depending on Entity Type (Shop Act / GST Returns / MOA / AOA / Certificate of Incorporation / Partnership Deed / LLP Agreement)
Individual (Proprietor / Partner / Director) – PAN Details, OVD Document (Aadhar Card / Voter ID / Driving License / Passport / Utility Bill + Rent Agreement)
Income Documents (wherever applicable):
Latest 2 years – Audited Financial Statements, Income Tax Returns, Tax Audit Reports, 6 months GST Returns
Bank Account Statement
Operative Bank Account Statement for the Latest 12 months
Others Documents
Ownership Documents ((Any 1) - Utility Bill / Sales Deed / Index II / Property Tax Receipt), Board Resolution, List of Shareholders, List of Directors
SME Loan
As a 2nd generation entrepreneur, expanding my PVD coating business was made easy with L&T Finance. The process was fast & smooth, with minimal paperwork & the best interest rates. All documents got digitally uploaded & approved. PLANET App mae part payments & additional withdrawals easy.
Harsh Gosalia
Pune, Maharashtra
Business Loan
Setting up a molecular lab post-pandemic was challenging, but L&T Finance made it possible with quick turnaround, minimal documentation, and competitive rates. Thanks to their support, I expanded services, reduced waiting times, and offered new tests, serving more people efficiently.
Dr. Hrishikesh Chevle
Thane, Maharashtra
