Get Business Loan up to 99 Lacs
Starting from 12% p.a.
About Business Loan
A business loan is sanctioned to the enterprise — a proprietorship, partnership firm, LLP or private limited company — rather than to you personally. It funds working capital gaps, inventory build-up, equipment purchase, new premises or order execution, and up to ₹99 Lakhs it is generally available unsecured, with no property pledged.
Underwriting is entity-first. Lenders read annual turnover and its trend, GST filings for consistency between declared sales and banked receipts, net profit in the last two ITRs together with audited financials, and current-account conduct — average balance, inward cheque returns and the working capital cycle. Alongside the entity, promoters are assessed individually: the business is scored on CIBIL Rank (CMR) while directors and partners are scored on their personal bureau records.
Because the entity and its promoters are both examined, a profitable business with a promoter carrying settled loans can still be declined. Fixing promoter records before applying is usually the highest-return preparation you can do.
Business Loan Eligibility: Turnover, GST and Vintage Requirements
Entity-level norms our partner Banks and NBFCs apply to unsecured business lending.
| Parameter | Typical Requirement | Details & Notes |
|---|---|---|
| Entity type | Proprietorship, Partnership, LLP or Pvt Ltd | Registration certificate, partnership deed or MOA/AOA as applicable to the constitution. |
| Annual turnover | From ₹40 Lakh | Larger unsecured tickets generally open up above ₹1 Cr of consistently filed turnover. |
| Business vintage | 2 to 3 years, same line of business | A change of trade resets vintage in the eyes of most underwriters. |
| GST registration | Active GSTIN with filed returns | GSTR-1 and GSTR-3B for the last 12 months, reconciled against current-account credits. |
| Profitability | Net profit positive in both last ITRs | A loss year is not an automatic decline, but it usually pulls the file to a secured product. |
| Banking conduct | 12 months current account statements | Average bank balance ideally at least one proposed EMI, with no inward cheque returns. |
| Entity & promoter credit | CIBIL Rank (CMR) 1–6, promoter score 700+ | The firm and its directors or partners are scored separately, and both must clear. |
| Registrations | Udyam / MSME, trade licence, Shop & Establishment | Also used to establish continuity of business at the stated address. |
| Collateral | Nil for unsecured up to ₹99 Lakhs | Above that band, or on a weak-profit file, lenders may ask for property or a bank guarantee. |
| Lending authority | 40+ partner Banks & NBFCs | Underwriting, final approval, interest rate and disbursal are decided by the lender, not by LoanLogic. |
How Turnover and GST Filings Translate Into an Unsecured Limit
Unsecured business lending is sized off filed turnover, then trimmed for profitability and banking conduct. These bands show where partner Banks and NBFCs typically land before file-level adjustments.
| Annual turnover | Typical unsecured band | GST filings expected | How the file is usually assessed |
|---|---|---|---|
| Under ₹40 Lakh | Limited unsecured appetite | GSTR-3B where registered | Often redirected to a self-employed loan or a secured product |
| ₹40 Lakh – ₹1 Cr | Up to ₹15 Lakh | 12 months of GSTR-1 and 3B | Banking programme on current-account credits |
| ₹1 Cr – ₹5 Cr | ₹15 Lakh – ₹50 Lakh | 12 months, reconciled to banking | ITR and audited financials, with GST cross-check |
| Above ₹5 Cr | ₹50 Lakh – ₹99 Lakh | 24 months, fully reconciled | Full financial assessment plus CMR rank and promoter bureau records |
- GST filings are the cross-check, not the eligibility itself: a lender reads declared sales against credits actually banked, and a wide gap caps the limit regardless of turnover.
- The entity is scored on CIBIL Rank (CMR 1 to 10, where 1 to 6 is broadly acceptable) while directors and partners are scored on their personal bureau reports. A weak promoter record can sink a strong entity.
- Average current-account balance of at least one proposed EMI, with no inward cheque returns in 12 months, is the conduct benchmark most underwriters look for first.
Bands are indicative market norms across partner Banks and NBFCs. Sanctioned amount, rate and security are set by the lender.
Why an Unsecured Business Loan
Growth capital up to ₹99 Lakhs without pledging property or plant.
What Lenders Assess in a Business File
Turnover trend, GST consistency, current-account conduct and the credit records of both the entity and its promoters. Sanction terms are set by the lender.
Annual Business Turnover
Lenders evaluate annual business revenue to determine unsecured loan amounts up to ₹99 Lakhs.
Business Vintage & Registration
Minimum 2 years of business existence registered as Proprietorship, Partnership, LLP, or Pvt Ltd company.
Profitability & Working Capital
Net profit margins and working capital cycles evaluated via P&L statements and audited balance sheets.
Bank Account Transaction Health
Primary current account bank statements showing consistent cash flows and zero cheque bounces.
Credit History of Entity & Promoters
High CIBIL rank for the business entity and good personal credit score of primary directors/partners.
Business Loan EMI Calculator
Estimate the instalment on an unsecured business term loan before you apply.
Indicative Calculation Notice: Figures displayed above are estimated calculations for planning purposes only. Final loan amount, interest rate, EMI, processing fees, and disbursal terms are determined solely by partner Banks and NBFCs based on credit evaluation.
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Flexible dropline overdraft limits up to ₹50L with zero interest on unutilized sanctioned funds.
Debt Consolidation Loan
Restructure scattered debts and credit obligations up to ₹50L to lower cumulative interest outgo.
Ready to raise unsecured business capital?
Share turnover and vintage once and compare unsecured offers up to ₹99 Lakhs from 40+ partner Banks and NBFCs.