Kinara Capital Business Loan

Kinara Capital Business Loan Highlights
Interest Rate	24% p.a. onwards (On a reducing rate basis)
Loan Amount	Up to Rs 30 lakh
Tenure	12 to 60 months
Processing Fees (for small business loans)	Up to 3% of the loan amount + GST
Collateral	No collateral required except for LAP

Features of Kinara Capital Business Loan:

• Fast Credit: Access credit within 24 hours
• Help at Doorstep: Experience doorstep customer service
• Paperless: Flexible process with minimum documentation
• Wide Choice: Choose a loan type as per your needs

Kinara Capital Business Loan Eligibility:

Kinara Capital business loan eligibility is listed below:

• Nationality: Must be Indian
• Credit Score: 750 and above with a good credit profile
• Age of Applicant: Between 21 and 65 years
• Business Experience: More than 2 years in operation
• Total Monthly Turnover: Greater than Rs. 50,000 and less than Rs. 4 crores
• Nature of Business: Should be a sole proprietorship, partnership or private limited.
• Type of Business: Engaged in manufacturing, trading, or service sectors

Note: Kinara Capital allows one eligibility check per mobile number.

Types of Kinara Capital Business Loans

Kinara Capital offers business loans to MSMEs for their short-term and long-term working capital and machinery purchase needs, along with specially designed schemes for women-led startups/MSMEs. Listed below are the types of business loans offered by Kinara Capital.

Kinara Capital MSME Business Loan

Collateral-free loans from ₹1-30 lakhs for a tenure of 12 to 60 months with an interest rate starting at 24% (on a reducing rate basis). The loan is offered to MSMEs in Manufacturing, Trading, and Services to meet working capital or business expansion needs.

HerVikas Business Loan for Women

Collateral-free loans of ₹50,000–30 lakhs exclusively for women-led MSMEs with a 60-day repayment holiday, 50% lower processing fees, and a 1% interest rate discount. The loan aims to bridge the credit gap faced by women MSME entrepreneurs, which stands at 40% of the $400 billion MSME credit.

HerVikas Startup Loan for Women

A special loan program designed for startups by women-owned MSMEs with a minimum of a month of business registration. Offers a 1% interest rate discount, a 50% lower processing fee, and a 60-day repayment holiday.

Machinery Purchase Loan

Offers loans of up to ₹30 lakhs at interest rates starting from 24% with flexible tenures ranging from 12 to 60 months. These loans are designed to help MSMEs purchase new or pre-owned machinery, upgrade to the latest technology, and scale up their production capacity.

Loan Against Property (LAP)

Offers loans of ₹5-40 lakhs against collateral for long-term business growth or expansion. Interest starts at 16% (reducing rate) with easing repayment over time.

Green Loans

Offers loans to MSMEs engaged in manufacturing, trading, or service sectors that contribute to eco-friendly products and sustainable infrastructure, including initiatives under Water, Sanitation, and Hygiene (WaSH) projects.

Supply Chain Financing

Offers a credit line of ₹1–10 lakhs for MSMEs to address urgent fund requirements against order receivables—such as purchasing raw materials or inventory. This facility ensures on-demand liquidity within the approved limit and comes with a bullet repayment option.

Short-Term Working Capital Loan

Offers quick loans of ₹50,000-2 lakhs with a tenure of 6-12 months to cover immediate funding requirements or urgent operational expenses for MSMEs.

Documents required for a business loan

To apply for a business loan from Kinara Capital, you will need the following documents:

• Applicant’s KYC document (PAN card)
• Co-applicant’s KYC document (PAN card)
• Business KYC document (Udyam registration, etc.)
• Last 12 months’ bank statements
• GST and ITR documents are optional

Apart from the above-stated documents, the NBFC can also request additional documents if and when required. The documents required may also vary across business loan types offered by Kinara Capital.

How to Improve your eligibility for a business loan

To improve your chances of approval for a Kinara Capital business loan, follow the steps mentioned below:

• Maintain a healthy credit score, preferably 750 and above.
• Clear any outstanding dues or bad loans
• Ensure steady cash flow with a good balance between revenues and expenses
• Keep your documents and important information ready and up-to-date for a smooth application process.

Who can apply for a loan from Kinara Capital?

Registered MSMEs in the Manufacturing, Trading, and Services sectors across

• Karnataka
• Andhra Pradesh
• Telangana
• Gujarat
• Maharashtra
• Tamil Nadu
• UT Puducherry

Kinara Capital business loans are serviceable to over 4,500 pin codes across 100+ cities in the above-mentioned states.

Other fees and charges:

Processing Fees: 0 to 3% of the approved loan amount + 18% GST depending on the product type.

Documentation Charges: zero to 2500 + 18% GST

• 2% of the loan + GST for machinery loan & working capital
• 5000/- + GST for Loan against property
• 6000/- + GST charges at the 1^st invoice discounting.

Bounce Charges: Rs. 750 per transaction + GST

Penal Charges:

If a customer misses or delays any of the following payments:

• EMI (can be daily, weekly, or monthly)
• Broken Period Interest (BPI)
• Interest on the amount withdrawn (in case of a line of credit or bill discounting)

Then, a penalty of ₹0.986 per ₹1,000 per day will be charged on the overdue amount.

Pre-payment or foreclosure charges: 2% to 10%

How to Apply for Kinara Capital Business Loan

Borrowers can apply for Kinara Capital business loan both through Paisabazaar’s official website and the Paisabazaar app.

Via Paisabazaar App

• Download the Paisabazaar app
• Sign in to your Paisabazaar account
• Go to the Business Loan section
• Fill in details
• Check for Kinara Capital in the listed offers from our partner lenders
• Look for Kinara Capital Business Loan
• Click on “Apply Now”

Via its Official Website

• Visit the official website of Paisabazaar
• Go to the Business Loan section
• Enter your mobile number
• Enter the OTP received
• Fill in details
• Check for Kinara Capital in the listed offers from our partner lenders
• Click on “Apply Now”

FAQs on Kinara Capital Business Loan

Who is eligible to apply for a business capital loan from Kinara Capital?

MSMEs in the manufacturing sector must be registered for more than one year. Businesses in the trading and services sector can apply for a business loan only if the firm has been registered for 2+ years.

Is Kinara Capital RBI-approved?

Yes, Kinara Capital is recognized by the RBI and is completely safe to avail loans from.

What are the foreclosure charges for Kinara Capital loans?

Foreclosure charges may vary from 2% to 10% based on the loan tenure and the number of months that a loan has been serviced for.

How much is offered by Kinara Capital as a business loan?

Kinara Capital offers business loans ranging from ₹1 lakh to ₹30 lakhs to support the diverse needs of MSMEs.

Who can apply for a Kinara Capital business loan?

Registered MSMEs in the Manufacturing, Trading, and Services sectors across Karnataka, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Tamil Nadu, and UT Puducherry are eligible.