Business Loan in Chennai

Best Loan Offers

Curated Offers from 20+ Lenders

Unsecured Loan

Term Loan & OD Facilities Available

Expert Advice

Guidance & Assistance

Top Up Facility

Loan to Get Additional Funds

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15.6L Reviews

5.7cr+Satisfied Customers

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₹65k Cr+Loans Disbursed

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Avail up to ₹1 Cr starting at 13%

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Google Play Store

4.5_/5

15.6L Reviews

5.7cr+Satisfied Customers

65+Lending Partners

₹65k Cr+Loans Disbursed

Best Loan Offers

Curated Offers from 20+ Lenders

Unsecured Loan

Term Loan & OD Facilities Available

Expert Advice

Guidance & Assistance

Top Up Facility

Loan to Get Additional Funds

Find Best Business Loan Offers

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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?

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Pre-approved Offers with Instant Disbursals

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End-to-End Digital Process

How Can I Apply for a Business Loan Online?

Get up to ₹1 Crore in 5 Simple Steps

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.

Compare Business Loan Interest Rates from Top Banks/NBFCs – April 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.
Bajaj Finserv	10% to 26%

Also Know: How the EMI is calculated in a business loan from bank?

Eligibility Criteria

If you are planning to avail a business loan in Chennai then you should also look through the eligibility criteria defined by the lender. Applicants are required to fulfill the eligibility criteria set by the lending institutions to avail business loans. Below mentioned is the basic eligibility criteria offered by lenders:

Applicant’s age should be 21-65 years
Applicant must have an experience of business for 3 years
The enterprises’ minimum turnover should be Rs. 90,000 for three months
The applicant must submit the last 3 years of their ITR statements

Documents required for Loan Application

One of the deciding factors of whether your application for the business loan will get accepted or not includes the availability and accuracy of the various documents required for availing the business loan.

Duly filled application form
Valid Identity Proof of Applicant
Valid Residence Proof of Applicant
Age Proof
Financial documents to be submitted would depend on whether the loan is being availed for a new or existing business
- For existing businesses - financial statements, bank statements as well as proof of IT returns
- For new businesses - bank statements, as well as proof of IT, returns of the applicants

Apply for Business Loans in other cities in India

Business Loan in Gurgaon	Business Loan in Chandigarh
Business Loan in Mumbai	Business Loan in Kolkata
Business Loan in Bengaluru	Business Loan in Pune
Business Loan in Delhi	Business Loan in Hyderabad

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All Your Needs

How Can I Apply for a Business Loan Online?

Get up to ₹1 Crore in 5 Simple Steps

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.

Explore Our Business Loan Lenders

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FAQs

It varies based on the loan provider. Usually, most loan providers offer instant loans as well as term loans.

It depends on the loan provider; however, most banks these days do not need collateral for the business loan. If you have a guarantor, you may not need to offer anything as collateral.

If you miss an EMI payment, the bank will charge certain ECS bounce charges/penalties.

Turnaround time depends on the applicant form and documents submitted and it varies from lender to lender.

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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.

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.

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.

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.

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.

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.

Sobhit GuptaJan 5, 2026

Advisors bohot ache the

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

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

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.

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.

Ishita SinghDec 28, 2025

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