Business Loan by CI Capital
Every business, irrespective of its size and nature, requires funding from time to time. A business loan is an unsecured credit that can help you meet your growing business’ urgent financial requirements. You can apply for a business loan to usher in the funds required to expand your existing business, boost its production, take your business online, procure inventory, buy equipment, and much more.
You can apply for a business loan with us and get business finance of up to Rs. 90 lakhs. You can avail of our online business loan from the convenience of your home or office. We won’t make you run from pillar to post or burden you with endless paperwork. Additionally, you can choose a suitable tenure to repay your business loan amount at your convenience.
Disclaimer: Personal Car Loans are at the sole discretion of CI Capital. Terms and conditions apply.
Loan Amount
₹ 1 Lakh to ₹ 90 lakhs
Loan tenure
12 to 60 months
Self-Employed Non-Professional Interest rate starting @
15% - 26%
Business Loan: Benefits & Features
Customized Loan
Amount
With CI Capital, you can get business finance of Rs. 1 lakh to Rs. 90 lakhs. You can choose your business loan amount as per your precise requirement.
Flexible Loan
Tenure
Choose your business loan tenure as per your repayment capability. You can select your loan tenure between 12 months to 60 months.
Term Loan
or OD
We offer various business funding options for its customers. You can either apply for a term loan, wherein you’re required to pay fixed EMI.
Minimum
Documentation
We approve business finance with minimal documentation. We ask only for a handful of documents to approve business loan applications.
Business Loan Eligibility
- Salaried Employees
- The applicant should be a full-time salaried employee with a stable income.
- The applicant must submit valid salary slips, bank statements, and Form 16 as proof of income.
- Applicant should be employed in a reputable company, government organization, or MNC.
- Applicant must be at least 21 years old at the time of application.
- The maximum age at loan maturity should not exceed 60 years.
Documents required for Business Loan
- Last 6-12 months’ bank statements to assess financial stability.
- 3 latest Salary Slips with the latest Form 16
- KYC documents: (any one from the list mentioned below)
- Passport
- Driving license
- PAN Card
- Aadhaar Card with date of birth
- Voters Id
Business Loan : Basic Eligibility Criteria
Business Loan FAQs
CI Capital offers a wide range of business loans to self-employed professionals and non-professionals, including-
- Self-employed individuals
- Proprietorship firms
- Private limited companies
- Partnership firms
- Limited liability partnership firms
- Trusts and Societies
- Hindu undivided families (HUFs)
- Closely held public limited companies
To qualify for a business loan, you must have a minimum CIBIL score of 650. A higher score can improve your chances of approval and help you secure better terms and interest rates.
With CI Capital, you can avail of business loans at the most competitive interest rates starting at 13% p.a. for professionals and 15% p.a. for non-professionals. Moreover, we can determine the best interest rate for you depending on your loan eligibility, credit score, income, and other criteria.
Besides, when you apply for a business loan with us, the loan will include various charges, including processing fees, foreclosure charges, EMI bounce charges, etc., which will be disclosed at the time of loan processing.
CI Capital offers you business loans with easy eligibility and minimal documentation. Here's the list of documents required to avail of a business loan-
- KYC documents, including a photo ID and address proof
- Business proof, including business registration certificate, GST registration certificate, trade licence, or a certified copy of the partnership deed agreement or sole proprietorship declaration
- Income proof, such as the last two years' income tax returns (ITRs) and computation of income, the last two years audited finances with the tax audit report, the last two years profit-loss statements, or balance sheet (duly audited by a chartered accountant)
- Current account bank statements and GST returns for the last six months
You may also require some additional documents at the time of loan processing. Visit the documents required page for more details.
Follow the steps below to apply for a business loan from CI Capital:
- Fill out the online application form.
- Upload the required documents.
- Wait for verification of your application and documents.
- Upon successful verification, your loan will be approved.
- Receive the loan amount in your bank account.
Business Loan eligibility criteria can a vary from one lending institution to another. To become eligible for a CI Capital Business Loan, you need to fulfill the following requirements:
- Your age should be at least 21 years at the time of applying for the business loan and not more than 65 years at the time of the last EMI
- Your credit score should be at least 650 or more
- Business should be profitable
- Minimum 2 years business stability
- Banking balance should be at least Rs. 5000
For more details on our business loan eligibility criteria, visit our Business Loan Overview page.
We strive to make the loan repayment process super convenient for you with flexible payments. You can pay your EMIs via various payment instruments. We also allow EMI payment through a direct debit facility, electronic clearance service, or post-dated cheques.
Yes, at CI Capital, you can enjoy 100% collateral-free loans to meet all your urgent business requirements.
Foreclosing a loan means making full repayment of the outstanding loan amount before the end of the scheduled EMI period. To foreclose a business loan, contact CI Capital at (+91) 7225057357 or email us at customercare@cicapitalindia.com
Apply for Business Loan at Your Convenience
Personal Car Loan
CI Capital offers loans on all kinds of cars (used and new) including hatchbacks, premium hatchbacks, sedans, MUVs, and SUVs of varied vehicle brands.
Commercial Vehicle Loan
We offer the Commercial Vehicle Loan to customers with various profiles. With quick processing, flexibility and competitive rates.
Business Loan
SME loans are normally used by small and medium enterprises, who are keen on expanding their existing business or need to invest.
Secured Loan
Secured loans require collateral, often used for large purchases or when credit scores are insufficient for unsecured loans.
