Axis Bank Business Loan
About This Loan
Axis Bank offers unsecured business loans up to 50 lakh rupees for established businesses, with minimal documentation and quick approval within 3 working days. Flexible EMI options, no collateral requirements, and competitive rates for borrowers with strong credit profiles make this a popular choice among small and medium businesses. Axis also offers MSME Easy Access Loan with doorstep service, where bank representatives visit the borrower's premises for documentation and verification, which is particularly helpful for busy entrepreneurs who cannot make multiple branch visits. The bank's business loan product suits established traders, manufacturers, service providers, and professionals with at least 3 years of business vintage and stable turnover above 50 lakh rupees.
Maximum Amount
₹50,00,000
Interest Rate
14.25% – 18.50% p.a.
Tenure
12 – 60 months
Collateral
Nil (unsecured)
Processing Fee
2% of loan amount
Eligibility
Business vintage of 3+ years; minimum annual turnover of ₹50 lakh; CIBIL score 700+; self-employed professionals and businesses.
Application Process
- 1Apply online at axisbank.com or call for doorstep service
- 2Submit minimal documents
- 3Approval within 3 working days
- 4Disbursement to business account
Documents Required
- KYC documents
- Last 2 years ITR
- Last 6 months bank statements
- Business vintage proof
- GST registration certificate
Official Links
Related Government Schemes
Disclaimer
This information is sourced from publicly available bank and financial institution websites. EduMetrics is not a financial advisor or lending institution and does not guarantee the accuracy of interest rates, eligibility criteria, or loan terms. Please verify all details with the respective bank before applying.