Business Loan Interest Rates
How to compare business loans.
- Compare per month EMI offered by different Banks.
- The processing fee charged
- The prepayment Charges, if any.
If you want to pay the loan amount in the full tenure only, then take loan from bank which quotes a lower EMI and Processing Fee.
If you believe you can pay-off the loan earlier, then do check the prepayment charge.
What is the rate of interest I will get on business loan?
|Bank Name||Rate of Interest
||Processing Fee||Loan Amount|
|HDFC Bank||17% – 22%||2% – 2.5%||75K – 15 Lacs|
|Bajaj Finserv||19% – 20%||2%||1 Lac – 45 Lacs|
|RBL Bank||18% – 19%||2%||15 Lac – 35 Lacs|
|ICICI Bank||15% – 19%||2% – 2.5%||2 Lacs – 25 Lacs|
|Fullerton India||21% – 28%||2% – 3%||1 Lac – 20 Lacs|
Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated. Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates. Banks/ Financial Institutions can contact us at firstname.lastname@example.org for inclusions or updates.