Lendingkart Finance Business Loan Highlights – May 2022 | |
Interest Rate | 1.5% – 2% per month |
Repayment Tenure | Min. 12 months & Max. up to 36 months |
Loan Amount | Up to Rs. 1 crore |
Collateral | Not required |
Processing Fee | 2.5% of the loan amount (one-time) |
Pre-closure Charges | Nil |
Business Turnover | Rs. 12 lakh or above |
Business registration proof | 6 months |
Lendingkart Finance is a non-deposit-taking Non-banking Financial Company (NBFC) registered with RBI that offers business loans, MSME loans, working capital loans to individuals, self-employed customers, and Small and Medium-Sized Enterprises (SMEs) and MSMEs.
There is no collateral or security required in availing business loans from Lendingkart Finance. Small business loans, MSME loans, and business loans for women entrepreneurs can be used for expansion and investment purposes in operations, inventory, infrastructure, and plant & machinery.
Comparison of Business Loan Interest Rates offered by Top Banks/NBFCs
Bank/NBFCs | Interest Rate | |
IIFL Finance | 11.75% – 25.75% p.a. | Apply Now |
HDFC Bank | 11.90% – 21.35% p.a. | Apply Now |
FlexiLoans | 1% per month onwards | Apply Now |
ZipLoan | 1% – 1.5% per month (Flat ROI) | Apply Now |
Axis Bank | 14.25% – 18.50% p.a. | Apply Now |
IDFC First Bank | 14.50% onwards | Apply Now |
Kotak Mahindra Bank | 16% – 19.99% | Apply Now |
Fullerton Finance | 17% – 21% | Apply Now |
Bajaj Finserv | 17% p.a. onwards | Apply Now |
RBL Bank | 17.50% – 25% p.a. | Apply Now |
ICICI Bank | 18% onwards | Apply Now |
Indifi Finance | 1.5% per month onwards | Apply Now |
Lendingkart Finance | 1.5% – 2% per month | Apply Now |
Tata Capital Finance | 19% p.a. onwards | Apply Now |
NeoGrowth Finance | 19% – 24% p.a. | Apply Now |
Hero FinCorp | Up to 26% p.a. | Apply Now |

Best SME/MSME Loan offers are just a click away Apply Now
Eligibility Criteria
- Business should have been in the operations for past 6 months
- Minimum turnover of Rs. 12 lakh or above
- Physical location of the business should not be on the list of negative area
- Charitable institutions, NGOs, and trusts are not eligible for small business loans
- Applicants should not have defaulted with any bank or NBFC in past
- Business should not fall under the blacklisted/excluded list
Documents Required
Category | Proprietorship | Partnership | Pvt. Ltd. / LLC / One Person Company |
Bank statement (12 months) | Required | Required | Required |
Business registration proof | Required | Required | Required |
Proprietor(s) PAN Card Copy | Required | Required | Required |
Pre-close Proprietor(s) Aadhar Card Copy | Required | Required | Required |
Partnership Deed Copy | Not required | Required | Not required |
Company PAN Card Copy | Not required | Not required | Required |

Apply for Business Loan @ 16% p.a. onwards Apply Now
Benefits of availing Business Loan from Lendingkart Finance
Ownership is preserved
Business loan offered is an unsecured loan and there is no risk of losing assets or giving away any stock as an investment. Hence, the business owner is preserved and business loan offers with the amount to expand your company even further.
Quick loan processing
Quick processing means faster credit for your business in lesser time as compared to other market leaders. It becomes a possibility that the profit margin of your business may increase with instant cash at disposal. It saves time and provides an option to improve business operations.
Cash flow gets streamlined
Loan amount is to be repaid in EMIs, so it becomes easy for the entrepreneur to capitalize on the situation wherein the cash flow is not a problem. Post loan sanctioning, the business is given ample cash and time to make it profitable.
Credit Score gets improved
Business loans offered by NBFCs tends to report it to all credit bureaus which further results in the gradual increase in the credit score. Lendingkart Finance makes sure that the credit score gets improved if it is a bit low due to several market scenarios.

Get Business Loan for Startups at Lowest Interest Rates Apply Now
Customer Care
Toll-Free Number: 1800-572-0202
Email address: info@lendingkart.com
FAQs
Q. Is there any collateral required to avail the business loan from Lendingkart Finance?
Ans. No, collateral or security is not required by the company as they offer unsecured business loans.
Q. What are the pre-closure charges of the business loan?
Ans. No pre-closure charges or hidden fees are charged by Lendingkart Finance.
Q. What is the minimum turnover required for a business loan from Lendingkart Finance?
Ans. Minimum turnover of Rs. 12 lakh makes you eligible to avail business loan.
Q. Do Lendingkart Finance offer business loans to vendors with low credit score?
Ans. Not always but still there are chances of getting business loans with higher interest rates.
Q. If I do not get funds then what should I do?
Ans. The best thing to do is to get the evaluation done and again approach the group NBFC for the same.
.