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SMEcorner Business Loan

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Valid till 30th June '26 *T&C Apply
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Avail up to ₹1 Cr starting at 13%

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15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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Unsecured Loan

Term Loan & OD Facilities Available

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Find Best Business Loan Offers

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HDFC BankHDFC Bank
Processing Time7 - 10 Days
Interest Rate13% onwards
Processing FeesUpto 2%
Max. Loan Amount₹1 Crore
IDFC First BankIDFC First Bank
Processing Time7 - 10 Days
Interest Rate14% onwards
Processing FeesUpto 3%
Max. Loan Amount₹1 Crore
Bajaj FinservBajaj Finserv
Processing Time3 - 6 Days
Interest Rate19% onwards
Processing FeesUpto 2%
Max. Loan Amount₹75 Lakh
Aditya Birla Capital LimitedAditya Birla Capital Limited
Processing Time1 - 2 Days
Interest Rate21% onwards
Processing FeesUpto 2%
Max. Loan Amount₹50 Lakh
Tata CapitalTata Capital
Processing Time3 - 6 Days
Interest Rate19% onwards
Processing FeesUpto 2%
Max. Loan Amount₹75 Lakh
FlexiLoansFlexiLoans
Processing Time3 - 6 Days
Interest Rate18% onwards
Processing FeesUpto 2%
Max. Loan Amount₹25 Lakh
ICICI ODICICI OD
Processing Time7 - 10 Days
Interest Rate14% onwards
Processing FeesUpto 2%
Max. Loan Amount₹50 Lakh

SMEcorner Business Loan Highlights

Interest Rate As per business requirements
Min. Loan Amount Rs. 50,000
Max. Loan Amount Rs. 25 lakh
Repayment Tenure From 12 - 36 months
Collateral Not required
Business Vintage More than 3 years
Processing Fee Up to 3% of the loan amount
Minimum Turnover Min. Rs. 25 lakh
Foreclosure Charges 5% of the principal outstanding

Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank and RBI. GST and service tax shall be levied extra on the mentioned charges.

Comparison of Business Loan offered by Top Banks/NBFCs

Bank/NBFCs Interest Rate
Axis Bank 10.75% p.a. onwards
Flexiloans 1% per month onwards
HDB Financial Services Ltd. 8% - 26% p.a.
HDFC Bank 10.75% - 25% p.a.
IDFC First Bank 10.50% p.a. onwards
Indifi 1.50% per month onwards
Kotak Mahindra Bank 16% - 26% p.a.
Lendingkart 12% - 27% p.a.
Mcapital 2% per month onwards
NeoGrowth Finance 15% - 40% p.a.
Tata Capital 12% p.a. onwards
UGRO Capital 9% - 36% p.a.
Bajaj Finserv 10% to 26%

Also Check - Which Bank/NBFCs Offering Lower Interest Rate on Business Loans?

SMEcorner Business Loan can be availed by the following entities:

Also Read: How to get a loan when I want to start a new business without security?

Documents required for Loan Application

  • Duly filled application form with passport-sized photographs
  • KYC documents of partner, director, proprietor of co-applicants
  • Last 9 months’ bank statement
  • Proof of business continuity
  • Residence / Office ownership proof
  • VAT / Service tax certificate
  • SSI Registration Certificate
  • Shop and Establishment Act Registration Copy
  • Any other document required by SMECorner

Related Post: Documents Required for Pradhan Mantri Mudra Yojana Loan

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FAQs

Will I get to see my eligibility once I complete the online application process?

You will be provided with an estimate of your loan eligibility, as soon as you complete your application. However, the final amount sanctioned to you will be subject to a detailed analysis of all your financial and banking documents submitted and a personal discussion with their credit managers.

Will I be sanctioned the same loan amount as estimated during the online application?

Based on the information declared by you, the lender arrives at an estimated loan amount you are eligible for. However, your actual sanctioned amount is subject to a thorough analysis of your financials and banking details by the credit assessment team.

What if the required documents are not ready while making an online application?

SMECorner will not be able to estimate your eligibility unless you complete the application with your PAN number and your bank statements. However, you can complete the application form with whatever details you have on hand. You can come back any time as soon as you have all your documents in place by re-logging in using your mobile no. / social media login and complete the application.

How do I check the status of my loan application?

You can log into your account here with your registered phone or social media profile.

How do I complete an incomplete application?

You can log in to your account anytime through the Login Page and continue with your application.

I have filled in the wrong detail while submitting the online application and the same got rejected. How do I resubmit a rectified application?

There might be a possibility that your application was rejected due to erroneous detail filled in. To rectify that and resubmit the application, you can log in with your mobile no. and resubmit the application with corrected details.

Is it mandatory to upload financial documents while making an online application?

It would certainly help if you provide all the required documents with your online application. However, there are limitations for uploading a soft copy of the same, and hence the facility for collection of the required documents, in person is also provided.

How quickly can I receive the funding?

Once you have completed your online loan application with all supporting documents, The funds can be disbursed into your nominated account within 3 business days.

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What our customers say

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

Chote business ke liye bhi loan mila

Chote businesses ko loan milne mai dikkat hoti hai lekin yaha mil gaya. Thank you for helping small business also. Good job keep it up.

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Rupesh SharmaDec 29, 2025

Quick and easy steps

Business loan apply karne se pehle yeh sochke dar lagta tha ki bohot mehnat lagegi. Lekin mai toh surprise hi hogayi Paisabazaar ka simple or easy steps dekh ke. Itna smooth process tha ki bikul hi samjh nhi aaya kab loan approve hua or kab account mai paise agaye.

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Ishita SinghDec 28, 2025
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