Get the Tata Capital App to apply for Loans & manage your account. Download Now


Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Business Loan offerings and advantages in Chennai

Easy to meet eligibility criteria
When you are just starting a business in Chennai, the last thing you want is struggle to secure financing. This is why we make it easier for you to secure a business loan at Tata Capital with our relaxed eligibility requirements.

Minimal documentation requirements
A Tata Capital business loan requires minimal paperwork. This makes the loan approval process a lot smoother and quicker for you.

Attractive interest rates
If you’re getting a business loan in Chennai, save your funds by opting for one with a low interest rate. At Tata Capital, we offer business loans at the lowest interest rates in the market.

Flexible EMI plans
When you get a loan with Tata Capital, you have complete control over your loan repayments with flexible EMI plans.

  • Loan Amount

    ₹ 0.40 lakh to ₹ 90 lakhs

  • Loan Tenure

    12 to 60 months

  • Self-Employed Non-Professional Interest rate starting @


  • Self-Employed Doctors Interest rate starting

    @ 12.00%-15.00%

  • Self-Employed Professional Other than Doctors Interest rate starting

    @ 13.00%-17.50%

Special Scheme for Women Entrepreneurs

With an increasing number of women donning the role of entrepreneurs, several government schemes are available in Chennai to assist women entrepreneurs in their initiatives

Annapurna Scheme

If you have a food catering business in Chennai, then you can avail an affordable loan under the Annapurna scheme. You can get a loan up to Rs. 50,000 to meet your working capital needs with a loan repayment tenure of 36 months.

Trade-Related Entrepreneurship Assistance and Development (TREAD) Scheme

Under this scheme, women entrepreneurs can get credit facilities to fund their business projects and receive specific business training. The government offers a grant of up to 30% of the total project cost, and the remaining is financed by a lending institution as a loan.

Purpose of Business Loans

With the tag of a Special Economic Zone, government support, and excellent infrastructure, Chennai is the dream city to establish and run your business. But running a business requires sizeable funds. Here, a business loan can help.

Maintain cash flow

Maintaining business liquidity for smooth operations can be a challenge for small businesses. But not with Tata Capital! With a short-term business loan, you can fund regular operational costs and help your business stay afloat during difficult times.

Manage seasonal finance needs

For cyclical businesses – whether new or established – managing cash flow during peak season can be a big concern. So, you can maintain business cash flow, stock up on inventory, and boost your sales during the peak season with an affordable business loan from Tata Capital.

Launch a new product

With a business loan, you can arrange enough funds to launch a new product – from research to execution and capture new markets for maximum business growth.

What are Interest Rates for Business Loans in Chennai?

When you get a business loan in Chennai, one of your main considerations should be the business loan interest rate. Why? Because business loans amounts are usually on the higher end, and when you add interest to it, the total amount payable becomes much larger. Hence, if you want to save your finances, the easiest way to do it is to opt for a lender offering affordable Business Loans interest rates in Chennai. This way, you not only save on the total loan interest, but you also make the loan EMIs more manageable.

If you’re looking for the lowest business loan interest rates in Chennai, your search stops at Tata Capital. So, apply for a loan with us in Chennai today.

What are the eligibility criteria for a Business Loans in Chennai?

The Business Loans eligibility criteria at Tata Capital are as follows:

  • You should be between 25-65 years old.

  • You should have a profitable business for over three consecutive years.

  • Your business should have a positive turnover.

  • Your balance sheet should be audited by a Chartered Accountant.

What are the documents required for getting Business Loan in Chennai?

A photo identity proof

Business Proof

Income Proof

Bank Statements

KYC Documents

How to calculate EMI for Business Loans Online?

Simply put, equated monthly instalments or EMIs are small sums of money you pay every month to clear your loan. And this is determined primarily by the lender’s interest rate, your loan tenure, and the total loan amount.

Now, having a clear idea about your business loan EMI in Chennai allows you to arrange finances for your repayments beforehand. This makes loan repayments a hassle-free experience.

Want to check the EMIs for your business loan in Chennai? Use our  Business Loans EMI calculator to help you out. Visit our webpage and enter your loan details, including the loan amount, interest rate, and tenure. On submitting these details, the calculator will take a few seconds to calculate your monthly EMIs and display it on the screen. Simple, isn’t it?

How to apply for a Business Loan online in Chennai?


Visit the Tata Capital official website and click on the Apply now button. Doing this will direct you to the online loan application form.


Next, enter your details as prompted and submit the form. We will then verify your information to check if you meet all our eligibility requirements.


Once your details are verified, we will give you a loan offer based on your eligibility. When you accept the offer, you can proceed to upload the necessary documents. Note, we may also schedule a call with you during this process.


After verifying the paperwork, we sanction the loan.


Finally, we disburse your funds straight to your account.

Other Ways to Apply for a Business Loan in Chennai

You can apply for business loan in Chennai with Tata Capital in the following ways too:

  • Via call
    Give a call on our customer care number at 18602676060, and request a callback.

  • Virtual assistant
    Connect with our online virtual assistant and put in a business loan request.

  • Offline
    Alternatively, visit our Chennai branch to apply for a business loan offline. Our seasoned lending experts will guide you through it.

Apply for a business loan with us today!