Term Loan for Business of Professionals and Self-Employed
Business Loans are the perfect financial instrument to meet the urgent and day-to-day business requirements of individuals, startups, and self-employed professionals, as well as MSMEs, business owners or entrepreneurs. As per today’s market trend, Banks and NBFCs offer minimum interest rate for Business or MSME loans from 16% p.a. onwards. These interest rates may vary depending on your annual revenue, creditworthiness, repayment history, CIBIL score, business vintage, financial stability, etc. Business loans for women entrepreneurs are offered at discounted or concessional rates by most lenders.