HDFC Bank Business Loan Interest Rate – 2021
Interest Rate | 15% onwards |
Processing Charges | Upto 2.50% of loan amount (Min. Rs. 2,359 – Max. Rs. 88,500) |
Loan Amount | Max upto Rs. 75 lakh |
Prepayment Charges | 07-24 Months – 4% of Principal Outstanding Amount 25-36 Months – 3% of Principal Outstanding Amount More than 36 Months – 2% of Principal Outstanding Amount |
Repayment Period | 12 – 48 months |
Prepayment Condition | No pre-payment permitted until repayment of 6 EMIs |
Collateral | Not required |
*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. HDFC Bank’s 1 year MCLR as on 7th Aug 2020 is 7.35%.
Also Read: What is the current interest rate on business loans?

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Fee & Charges | |
Cheque Swapping Charges | Rs. 500 |
Amortization Schedule Charges | Rs. 200 |
Cheque Bounce Charges | Rs. 550 per bounced cheque |
Legal/Incidental Charges | At Actual |
Loan Cancellation Charges | Nil |
Stamp Duty | As per applicable state laws |
Loan Closure Letter | Nil |
Duplicate Loan Closure Letter | Nil |
Solvency Certificate | Not applicable |
Among all banks in India, HDFC Bank owns the highest market shares for providing business loans and it tops the list for offering best business loan offers with attractive interest rates. Also HDFC bank provides doorstep service with easy documentation process. Get the fast disbursal of business loan within 48 hours.

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Eligibility Criteria for HDFC Bank Business Loan
Eligibility factors | Eligibility criteria |
Age of the Applicant | Min: 21 years and Maximum: 65 years. (At time of Loan Maturity) |
Status of Business | Min. 3 Years with 5 years of experience |
ITR (Income Tax Returns) | Min. Rs. 1.5 Lakhs per annum |
Business Turnover | Min. Rs. 40 lakhs |
Entities that can avail business loan | Self employed professionals, Sole Proprietorship, Private Ltd. Companies and Partnership Firms engaged in the Manufacturing, Trading or Services sectors. |
How to Track HDFC Bank Business Loan Application Status?
To check the loan application status from HDFC Bank, you can click here and follow these simple steps:
Step 1: Enter the Applicant’s name or Reference/Proposal Number as provided by the bank at the time of form submission
Step 2: Enter your ‘Date of Birth’ or ‘Mobile Number’ as already mentioned in the application form
Step 3: Click on tab ‘Submit’ to check the status of your loan application with HDFC bank
Compare Business Loan with other Banks:
State Bank of India | ICICI Bank | Axis Bank |
Bajaj Finserv | IDBI Bank | Bank of Baroda |