Apply for Business Loan at Low Interest Rates 
*Offers are from Paisabazaar's partner Banks & NBFCs.
Please Note: Ziploan is not a Paisabazaar partner. Offers would be from partner banks/NBFCs only.
ZipLoan is an emerging NBFC that offers business loans for startups, business expansion, to meet working capital requirements or for buying new machinery. ZipLoan offers business loans at an interest rate that ranges from 1%-1.5% per month. The maximum loan amount offered is up to Rs. 7.5 lakh with repayment tenure up to 36 months.
| ZipLoan Business Loan – January 2023 | |
| Interest Rate | 1% – 1.5% per month (Flat) |
| Loan Amount | Min. Rs. 1 lakh & Max. Rs. 7.5 lakh |
| Processing Fee | 1-2% of the sanctioned loan amount |
| Repayment Tenure | 12 months -36 months |
| Collateral | Not required for business with turnover of Rs. 10 lakh |
| Prepayment Charges | Nil, after first 6 months |
| Loan Sanctioning Tenure | Within 3 business days after form submission |
| Annual Turnover | More than Rs. 10 lakh |
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. Interest Rates are updated as on January 2023.
Step 1: Make an Online Application: Borrower has to apply for the business loan online at ZipLoan’s official website or mobile application. The processing of your loan application starts within a few hours of your application submission.
Step 2: Provide necessary documents: The borrower is required to submit necessary documents by uploading it online in a PDF format. Documents will be analyzed through our hi-tech credit analysis team. A door-to-door service is also provided by the lender; a representative from ZipLoan would collect the documents from your place.
Step 3: Avail Small Business Loan: After the eligibility of the borrower is checked and the documents are verified, business loan will be processed and disbursed within 3 working days.
Related Post: How to Apply for Pradhan Mantri mudra loan
Call – 011 – 4310 – 9577 (10 am to 6 pm)
Email ID: customer.care@ziploan.com
Q. Where is ZipLoan located?
ZipLoan can be located in India’s 6 cities, including Delhi/NCR, Mumbai, Lucknow, Bhopal, Indore, and Jaipur.
Q. Business loans can be availed for what purposes?
Loans can be availed for business purposes only. One can avail various benefits of business loans from ZipLoan:
Q. What is the maximum loan amount that can be availed?
The maximum loan amount that can be availed is Rs. 7.5 lakh.
Q. Can I take a Top-up loan above my existing business loan?
Yes, you can take a Top-up loan over the existing business loan.
Q. How much time does it take to pass and disburse the loan?
After the submission of the documents, it takes a minimum of 3 working days to process and disburse business loans.
Q. How can I repay the loan taken from ZipLoan?
The loan repayment can be done in three simple ways:
EMI payment from your bank directly on the basis of your duly signed Automatic Clearing House (ACH) form.
