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With our Business Growth Loan, continue to stay ahead of your competitors , scale your business in a hassle free environment. Take it to new heights with additional financial help from HDFC Bank. We are here to support you at every step of the way because in you we trust. We curate our Business Growth Loan with competitive interest rates, flexible tenures and minimal documentation to meet your every business need. An additional attractive feature of the Business Growth Loan is the access to an overdraft facility, that is you pay interest only on the utilised loan amount together with a credit protection plan. Adapt your business with changing customer needs or technological advancement or scale up your operations, the list is endless and choice is yours to utilise the Business Growth Loan the way you like.

With HDFC Bank Business Growth Loan, you can make the most of customised Business Loan Solutions. We bring to you loans solutions curated to fit your every business need. Our customised Business Loan Solutions are: 

  • Loans for Self Employed Professionals: Whether you are a Doctor or Architect or any other specific profession. Our Business Growth Loans offers you solutions to invest in your business for the latest equipment or revamping your studio space. Finances customised to your need.
  • Loans for Self Employed Non – Professionals: Whether you are a new age entrepreneur or an old hand in the business. Our Business Growth Loan can be customised for meeting your cash flow needs or to stock up on your inventory. Customise the loan as per your financial requirement and repayment ability.
  • Loans for MSMEs: If you own a medium or small enterprise in construction, education or infotech, you may need funds to sustain. Boost your business with our customised Business Growth Loans to meet your every business requirement. New equipment, raw materials, or even maintaining your factory or warehouse. Let us be part of the journey.

Now, funding your business is only a few steps away with our Business Growth Loan. Make the most of this loan with no hidden charges and a swift approval process. You can either apply for a Business Loan online or by visiting us at your nearest HDFC Bank branch

Features

Fulfil Your Every Need

Avail of a loan up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations) without any collateral (Collateral is a necessary element that a recipient has to keep with him to get a loan. Securities can also be used as collateral.), guarantor (A guarantor is a person who guarantees payment by another. A guarantor becomes a co-endorser and assumes liability in event of default.) or security, to fulfil your every business need, from business expansion and working capital, to your child's education or a home renovation.

Transfer Loan Balance with Ease

Transfer your existing Business Growth Loan to HDFC Bank for lower EMIs, and enjoy our benefits

  • Interest rates as low as 15.75%* on the existing loan transfer
  • Processing fee as low as 0.99%

To transfer your loan balance, apply now.

Dropline Overdraft Facility

It provides Overdraft facility without any security. Limit is set in separate Current account which drops monthly till end of the tenure. Pay the interest only on the amount utilized.

  • Dropline Overdraft Facility up to Rs.5 Lac - 15 Lac*
  • No Guarantor (A guarantor is a person who guarantees payment by another. A guarantor becomes a co-endorser and assumes liability in event of default.)/ Security required.
  • Tenure ranging from 12-48 months.
  • Attractive Rate of Interest
  • No Foreclosure / part Closure shall be permitted during the first 6 months of the limit setting.

Quick Eligibility Check & Disbursal

Check your Business Growth Loan eligibility online or at any branch in just 60 seconds. Loans will be disbursed based on previous repayment of home loans, auto loans and credit cards.

Flexible Tenure
You can repay your loan over a period of 12 to 48 months.

Credit insurance plan protects my family from the debt

Convenient Borrowing

For any help with your loan, you can reach out to us via SMS, Webchat, Click2Talk and PhoneBanking.

Stay Protected

  • Take care of your loved ones by paying a nominal premium* and covering your loan with our Credit Protect

    • Plan:

    • Benefits:
      • Protects the family by paying off the loan amount in case of death of the customer
      • Life Coverage – provides peace of Mind
      • No need to use other savings to repay the loan
      • Tax Benefits as per applicable laws
      • One convenient package - loan + insurance
    • The premium for this product will be deducted from the loan amount at the time of disbursal, after levying service taxes and applicable surcharge/cess at the rates notified by the government.
    • In case of Natural/Accidental Death of the customer, the customer/nominee can avail of the Payment Protection Insurance (Credit Protect), which insures the principle outstanding on the loan up to a maximum of the loan amount.

*Terms & Conditions of the Insurers shall apply. The above product is offered by HDFC Life Ins Co. Ltd.


Business Loan​​​​​​​ FAQs

  • How is Business Loan interest rate calculated?

HDFC bank offers the lowest interest rates in the market across all segments. As we offer customers an unsecured loan i.e. collateral-free loan, the rate of Interest will be higher as compared to secured products offered by banks.

  • How is Business Loan processing fee calculated?

Processing fees are restricted to 2% + GST which is standard across all the products.

  • Is there any stamp duty applicable for taking pre-approved Business Loan?

Stamp duty collection is mandatory for pre-approved offers as well. Also, the customers must note that stamp duty charges are different for different states.

  • What are the foreclosure charges for Business Loan?

Customers can foreclose loans after 6 EMI payments. The foreclosure charges are 4% + GST of the outstanding loan amount. The grid defers as per loan tenor.

  • What are the steps for foreclosing an Business Loan?

The minimum lock-in period for Business Loan is 6 months i.e. 6 EMIs paid.

  • What if I need a higher amount of loan amount as compared to my pre-approved offer loan?

Customers can connect with their local branch if the requirement is higher than the offered loan amount. There will be an additional set of documents that will be required for processing the case for higher loan amount for which the branch staff will guide you. Loan amount will be subject to eligibility as per documents.

Business Loan

  • Fulfil Your Every Need

  • Transfer Loan Balance with Ease

  • Dropline Overdraft Facility

  • Quick Eligibility Check & Disbursal

Overview Eligibility Criteria Documentation Rates & Fees

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Many businesses start off in a small way. An individual running a small eatery may open another one in a few years, and over the course of time be the owner of a large chain of restaurants. Of course, there’s a limit to how much you can expand by using your own funds

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