Comparison of Business Loan Interest Rates offered by Top Banks/NBFCs – 2023
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. |