Paisabazaar Logo - Compare loans and credit cards

Lakshmi Vilas Bank Business Loan

google-play-icon

Google Play Store

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Best Loan Offers

Best Loan Offers

Curated Offers from 20+ Lenders

Icon image of Unsecured Loan

Unsecured Loan

Term Loan & OD Facilities Available

Icon image of Expert Advice

Expert Advice

Guidance & Assistance

Icon image of Top Up Facility

Top Up Facility

Loan to Get Additional Funds

Find Best Business Loan Offers

Sort by:

HDFC Bank
Max Loan Amt.Upto ₹75L
Rate of Interest10.75% - 28%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
ICICI Bank
Max Loan Amt.Upto ₹50L
Rate of Interest13.25% 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Axis Bank
Max Loan Amt.Upto ₹75L
Rate of Interest15% - 19.25%
Tenure uptoUpto 5 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
image of Choose from <strong>20+ Partner Banks/NBFCs</strong>

Choose from 20+ Partner Banks/NBFCs

image of Pick from <strong>Secured & Unsecured</strong> Options

Pick from Secured & Unsecured Options

image of Get <strong>Working Capital & Top-Up Loan</strong> Solutions

Get Working Capital & Top-Up Loan Solutions

image of <strong>Flexible Tenure</strong> of Up to 4 years

Flexible Tenure of Up to 4 years

How Can I Apply for a Business Loan Online?

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Apply Now

With effect from 25 Nov 2020, Lakshmi Vilas Bank has been merged with DBS Bank.

Lakshmi Vilas Bank is a scheduled commercial bank that caters to the financial needs of people. The bank offers MSME loan to the following entities:

Interest Rates offered by Lakshmi Vilas Bank

Interest Rates

  • Loans to MFIs for lending to Small Enterprises: 10.90% p.a. onwards
  • Loans to Medium Enterprises: 10.75% p.a. onwards (Working Capital)
  • Loans under PMEGP: 12.75% p.a. onwards
  • Lakshmi Rental Loan: 11.75% p.a. onwards
  • Lakshmi Commercial Vehicle Loan: 11.25% p.a. onwards
  • Lakshmi Small Business Loan: 14% p.a. onwards
  • Loans to Food and Agro-Based Processing Units: 10.75% p.a. onwards

Types of MSME Loans

Lakshmi Vilas Bank - Business Term Loan
Interest Rate As per business requirements
Age Limit Max. up to 70 years at time of loan maturity
Min. Loan Amount Rs. 25 lakh
Max. Loan Amount Rs. 5 crore
Repayment Tenure 120 months

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.

Lakshmi Vilas Bank - Business Credit Loan
Interest Rate As per business requirements
Min. Loan Amount Rs. 25 lakh
Max. Loan Amount Rs. 5 crore
Limit Operative Account with fixed overdraft limit
Renewable After 1 year
Monthly stock statements and DP maintenance Not required
Business Existence Min. 3 years

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.

Lakshmi Vilas Bank - Cash Credit Loan
Interest Rate As per bank’s lending policy
Nature of loan Open Cash Credit (OCC)
Repayment Tenure Account to be renewed every year
Margin 25% on Stocks and 50% on Receivables
Collateral Required, charged on Fixed Assets equal to the loan amount of the company
Availed by Existing Customers
Security Hypothecation of Current Assets covered by finance

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.

In addition to the above-mentioned MSME loans, Lakshmi Vilas Bank also offers various other MSME loans that include Kissan Credit Card, Agriculture Term Loan, Commercial Vehicle loan, Lakshmi Rental Loan and Export Credit loan.

Documents Required

  • Duly Filled Application form
  • Passport-sized photographs
  • GST returns
  • Estimated & Projected Financial Statements
  • KYC documents of Applicant, Guarantors and Promoters
  • Last 2 years’ Audited Financials
  • Funds Flow/Cash Flow statements, Profitability estimates & DSCR calculations
  • All Registrations/Approvals of the company/enterprise
  • Collateral property documents
  • Additional documents as per requirements

Avail Lakshmi Vilas Bank For
All Your Needs

Avail Business Loan Banner

How Can I Apply for a Business Loan Online?

Step 1: Enter your mobile number in the application form.

Step 2: Enter OTP to verify your mobile number.

Step 3: Provide your personal details.

Step 4: Select a bank account for account aggregator consent.

Step 5: Compare offers and apply for the best-suited loan.

Apply Now

Explore Our Business Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankICICI BankICICI BankIDFC First BankIDFC First BankKotak bankKotak bankTata CapitalTata Capital
View All Partners

Avail Lakshmi Vilas Bank For
All Your Needs

Avail Business Loan Banner

FAQs

Yes, you can avail MUDRA loan under PMMY from Lakshmi Vilas Bank at competitive interest rates

The minimum interest rate offered by the bank for small business loan is 14% onwards.

The bank offers maximum loan amount up to Rs. 5 crore.

The maximum loan amount offered under CGTMSE scheme is Rs. 1 crore.

At least 3 years of business existence is required to be eligible to get business loans.

quotes icon

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.

icon image of avatar
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.

icon image of avatar
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.

icon image of avatar
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.

icon image of avatar
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.

icon image of avatar
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.

icon image of avatar
Sobhit GuptaJan 5, 2026

Advisors bohot ache the

Business loan thoda confusing hota h. Advisors ne sahi guide kiya. Thanks you.

icon image of avatar
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

icon image of avatar
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.

icon image of avatar
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.

icon image of avatar
Ishita SinghDec 28, 2025
View All Testimonials
Vandana Punj profile
Written ByLinkedIn icon
Vandana Punj
Shamik Ghosh profile
Reviewed ByLinkedIn icon
Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers

Knapsack with coins

Check Best Business Loan Offers
with Quick Disbursal

Scroll to top