Business Loan Offers
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9 Reasons why customers prefer HDFC Bank XPRESS Business Loan
We offer XPRESS Business Loan Solutions for every business
01
Loans for Self Employed Professionals:
Whether you are a doctor or any other licensed professional, our XPRESS Business Loan offers you solutions so you can invest in upscaling your profession.
02
Loans for Self Employed Non – Professionals:
If you are just starting out or looking to scale up, our XPRESS Business Loan offers customised solutions for meeting your cash flow requirements or to stock up on your inventory.
03
Loans for MSMEs:
If you own a micro, small or medium enterprise, our XPRESS Business Loan can help you meet all your financial requirements; be it to buy new equipments or maintain your factory/warehouse.
Get Business Loan Up To ₹75 Lakh
You can get collateral free & customised loan options from ₹75,000 to ₹75 lakh for all your varying business needs.
Attractive Interest Rate
We provide attractive interest rates for you! XPRESS Business Loan for Doctors starting at 10.99%* p.a.
Hassle - free documentation
You no longer have to worry about hours and hours of paperwork to apply for a loan. Here’s a list of digital documents to keep handy when applying for XPRESS Business Loan from HDFC Bank.
Hassle free documentation will be changed to no physical paperwork
• PAN Card
• Identity proof
• Address proof
• Bank statement of previous 6 months
• Latest ITR along with computation of income
• Balance Sheet, CA-certified Profit & Loss account for previous 2 years
• Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
Lower your EMI by transferring your loan balance
We offer lower interest rates, flexible loan tenure, quick processing, and a completely digital application process so that you can transfer your loan instantly.
Flexible Loan Tenure
Choose a loan amount suiting your business
Opt for Flexible loan tenure between 12 – 48 months.
Get money instantly
Select pre-approved HDFC Bank customers get money in their account within 10 seconds.
Get your Loan insured by Credit Protect plan
Under the Credit Protect plan, the principal outstanding on the loan up to a maximum of the loan amount will be insured. The premium will be deducted from your loan amount at the time of disbursal.
Get Loan Assistance anywhere
You can reach out to us 24/7 on WhatsApp on+91 7070022222
You can reach out to us 24/7 on WhatsApp on +91 7070022222.
Calculate your EMI
Use our calculator to calculate your EMI
Business Loan Calculator
Balance Transfer Calculator
Loan for self employed
Business Loan
for Doctors
Check your Eligibility
To make borrowing easy & accessible our eligibility parameters are simple
- You need to be Self-employed /Proprietor/ Private Ltd. Co. or Partnership Firms involved in the business of Manufacturing, Trading or Services
- You must have total 5 years business experience & should have been in current business for minimum 3 years
- You need to be at least 21 years at the time of applying and no older than 65 years at the time of loan maturity
Your Business
Must have a minimum turnover of ₹40 Lakh
Must be profit-making for previous 2 years
Should have a Minimal Annual Income (ITR) of ₹1.5 Lakh
Your credit score and loan repayment history will also be used to determine your credit worthiness
How to Check your CIBIL Score: Watch Video
Answers to your loan queries
Yes, you can choose to prepay your loan. However, the same is not allowed, in part or full, until repayment of 1 EMI. Partial premature payment is allowed up to 25% of Principal Outstanding, only once in the financial year and twice during the loan tenure.
And yes, there are charges on prepayment of loan, at the rates given below:
- Up-to 24 EMI repayment - 4% of principal outstanding,
- Post 24 EMIs and up to 36 EMI repayment - 3% of principal outstanding,
- Post 36 EMIs repayment - 2% of principal outstanding
Yes, a loan applicant is liable to bear the stamp duty charges as per applicable laws of the respective states.
No. A Business Loan is an unsecured offering, which means, you do not need to provide a collateral when applying for this loan.
You can get anywhere between ₹75,000 to ₹75 Lakh under a Business Loan from HDFC Bank.
If you opt for a XPRESS Business Loan, you need to repay the borrowed amount and interest via Equated Monthly Instalments (EMIs) distributed over a fixed period or tenure. This EMI amount can be calculated using our EMI calculator, depending on your requirements.
When you apply for an HDFC Bank Business Loan, you can get the required funds instantly. You can get up to ₹75 Lakh at industry best interest rates, along with the benefit of a flexible repayment tenure of up to 4 years.
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