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5 Lakh Business Loan

For any business related financial needs, businesses can apply for a Rs. 5 lakh business loans online with minimal documentation. At Paisabazaar, borrowers can get multiple benefits, including lowest interest rates, quick approval and disbursal in few minutes.
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Avail up to ₹1 Cr starting at 13%

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6cr+Satisfied Customers
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₹65k Cr+Loans Disbursed
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₹
1L1Cr
8%30%
1Y 20Y

Your Monthly EMI Payment

₹0

Principal Amount₹0
Interest Amount₹0
Total Amount₹0

Key Highlights of Rs. 5 Lakh Business Loan EMI

  • Loan Amount: Rs. 5 lakh
  • Interest Rate: 13% p.a.
  • Tenure: 5 years
  • Processing Fees: 2% of the loan amount

Rs. 5 Lakh Business Loan Interest Rate and Charges

Business loan interest rates vary across lenders. However, lenders consider borrowers creditworthiness and income profile before deciding the final interest rate of business loan.

Business Loan Eligibility Criteria of Rs. 5 Lakh

To be eligible for a Rs. 5 lakh business loan, businesses should qualify for the following eligibility criteria:

  • Age: Min. 21 years, max. 65 years
  • Credit score: 760+
  • Business vintage: Min. 2 years
  • Profitable: Min. 2 years
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Documents Required for 5 Lakh Business Loan

  • KYC documents like PAN Card (mandatory), Aadhaar Card / Passport / Voter ID / Driving Licence
  • Business proof like business registration certificate, partnership deed, etc.
  • Financial documents like last 6-12 months bank statements, Income Tax Returns ITR) for the last 2–3 years, Profit & Loss Statement, etc.
  • Business continuity proof, or any other documents as asked by lenders

Suggested Read : Business Loan Documents Required

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Tips to Get Lower Interest Rates

To get lower interest rates, borrowers can follow the tips mentioned below:

  • Maintain a healthy credit score
  • Keep debt-to-income ratio low
  • Compare offers across lenders
  • Negotiate with lenders

Why Apply for a ₹5 Lakh Business Loan at Paisabazaar?

Paisabazaar offers various advantages to borrowers, including:

  • Compare offers from top lenders
  • Competitive business loan rate of interest
  • No need for multiple application
  • Top up facility
  • Highest approval chances
  • End-to-end expert support
  • Free credit score checks

Suggested Read : Apply Business Loan Online

EMI Calculation (Loan Amount: Rs. 5,00,000 | Tenure: 5 Years)

Interest Rate (p.a.) EMI (Approx.) Total Interest Payable Total Amount Payable
13% Rs. 11,377 Rs. 1,82,620 Rs. 6,82,620
14% Rs. 11,634 Rs. 1,98,040 Rs. 6,98,040
15% Rs. 11,895 Rs. 2,13,700 Rs. 7,13,700
16% Rs. 12,159 Rs. 2,29,540 Rs. 7,29,540
18% Rs. 12,704 Rs. 2,62,240 Rs. 7,62,240
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What our customers say

Convenient Business Loan

Running a small manufacturing unit means constantly managing working capital. I always check my CIBIL score on Paisabazaar app. I have taken the business loan twice from Paisabazaar, have already paid once and am going to close the second loan soon. Very convenient for me and transparent as well.

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Param SinghAug 7, 2026

Easy Credit Score Tracking

As a small business owner, I know that maintaining a healthy credit profile is important before applying for a business loan. This Paisabazaar app helped me stay updated with my credit score and get the business loan at just 13%. All in all a very useful app for entrepreneurs as well.

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Manoj KumarAug 3, 2026

Business loan complex hotta h

Business loan thoda complex lagta h muhje, lekin Paisabazaar pe team ne sab steps simple bana diya muhje ache se support kiya. Thank you.

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Meher SinghJan 22, 2026

Hassle-free Business Loan

I would like to take a moment to sincerely appreciate Rohit Kumar\'s (EW25946) continuous support and clear communication. Your timely responses, cooperation, and willingness to help have made a significant difference and contributed greatly to smooth coordination and successful outcomes. Your professionalism and positive approach are truly commendable, and it has been a pleasure working with you. Thank you for your dedication and for maintaining such effective communication throughout.

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MD Gausar AlamJan 20, 2026

Business loan liya tha, interest acha mila

Muhje darr tha ki interest rate kahi lenders jda na charge krle, phir paisabazaar pe sahi interest rate milla. Mera credit profile dekh ke or bhi bht saare factors consider karke interest rate milla.

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Mohit DasJan 15, 2026

Uncle ne bataya tha Paisabazaar ke baare mai

Mai online loans ke baare mai jada nhi janta, mere chacha ne bataya tha ki Paisabazaar se loan acha milta hai. Try kiya or asli mai bohot acha experience tha.

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Raju RastogiJan 14, 2026

Boutique ke liye small loan liya tha

Boutique ke liye small loan liya tha. Small entrepreneurs ke liye bht important hota hai sahi jagah se loan lena. Paiabazaar ki team bohot helpful hai.

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Vanni KumariJan 13, 2026

Loan approval ke chances dikhate h

Paisabazaar se business loan lo toh pata rehta h ki kaha loan approval ke chances jada hai. Isse thoda tension kam jata h rejection ka. Acha feature hai.

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Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

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Prakash MishraJan 4, 2026

Trusting platform

I take business loan from Paisabazaar two months before. very nice experience. No jhamela, only good work done. Thank you

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Priya ShawDec 30, 2025
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