Nowadays, there is a rise in new business start-ups and emergence of small enterprises in large numbers in almost every industry sector. So, taking business loan is the easiest and more reliable option for managing their daily operational expenses and to expand businesses to greater heights. Before opting of any loan, you must have to look at the various types of business loans available for both the young, as well as established entrepreneurs.
Business Loan Interest Rates 2019 in Bengaluru
|Banks & NBFCs||Rate of Interest|
|Bajaj Finserv||20.49% onwards|
|Kotak Mahindra Bank||18.50% onwards|
|HDFC bank||17.40% onwards|
|Capital First||18% onwards|
|Axis Bank||16% onwards|
|Flexi Loan||18% onwards|
|Indiabulls Finance||11.99% onwards|
|Hero Fincorp||19% onwards|
Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank, NBFC and RBI. GST and service tax shall be levied extra on the mentioned fee & charges.