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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 Visakhapatnam

Multipurpose loans
You can secure a business loan in Visakhapatnam and use it to grow your business in all respects. This includes buying machinery, hiring staff or even expanding your venture.

Relaxed eligibility requirements
Securing a business loan is as easy as it gets, thanks to the relaxed eligibility requirements at Tata Capital.

Higher loan amounts
At Tata Capital, we help you secure business finance for your business needs no matter how large or small they are. You can easily get loan amounts of up to 90 lakhs without pledging collateral.

  • 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

Looking to start your own business? Here are the various government loan schemes to help women entrepreneurs start their new ventures

Orient Mahila Vikas Yojna

Under the Orient Mahila Vikas Yojna, women entrepreneurs with at least 51% of ownership in a business can apply for an affordable loan. This scheme offers loans ranging from Rs. 10 lakhs to 25 lakhs to small businesses. What’s more, you can avail a collateral-free loan at concessional interest rates.

Udyogini Scheme

The Udyogini scheme aims to provide financial support to women entrepreneurs in the rural areas of the country. You can apply for a loan amount of up to Rs. 3 lakhs and fulfil various financial needs of your business.

Purpose of Business Loans

Start a new business

With well-developed infrastructural facilities, running a business in Visakhapatnam is highly profitable. And all you need to run a successful business in this city is a strong business idea and sufficient capital backing. You can avail a quick business loan from Tata Capital and watch your business grow.

Purchase inventory

No matter which industry you operate in, you always need adequate availability of inventory, especially during the peak season. A business loan helps you manage your inventory needs with ease.

Improve business cash flow

Meeting business cash flow needs can be a challenge for small businesses. So when cash flow issues stand in the way of your business objectives, a business loan can help introduce enough funds into the operations for smooth functioning.

What are Interest Rates for Business Loans in Visakhapatnam?

Some factors that determine your Business Loans interest rates in Visakhapatnam include your financials, credit score, business plan, profitability, cash flow, annual turnover, and more. In fact, having a high credit score can help you get a lower interest rate since it reflects a better loan repayment ability on your end. This, in turn, lowers the amount you spend on your loan EMIs too.

If you are searching for a business loan in Visakhapatnam at a low interest rate, your search ends with Tata Capital. We offer business loans at an affordable interest rate of 19% and even make the EMIs convenient for you with our flexible repayment plans.

So, what are you waiting for? Enjoy the lowest business loan rates in Visakhapatnam with Tata Capital and set up your business smoothly.

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

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 Visakhapatnam?

A photo identity proof

Business Proof

Income Proof

Bank Statements

KYC Documents

How to calculate EMI for Business Loans Online?

When you get a business loan in Visakhapatnam, you pay it off in the form of equated monthly instalments or EMIs. These depend on three factors namely the loan tenure loan amount and the interest rate. And at Tata Capital, we allow you to choose your business loan EMIs to make your loan repayments more convenient.

Calculating your business loan EMIs can help you choose the best repayment plan. And the easiest way to do it is to use our online Business Loans EMI calculator. Just enter your business loan details like amount, tenure and interest rate and calculate your loan EMI in seconds. If the EMI is too high, change the loan tenure to arrive at a business loan EMI in Visakhapatnam you can easily pay every month.

How to apply for a Business Loan online in Visakhapatnam?


Click on the ‘Apply Now’ button on our official page to go to the business loan application portal.


Fill out the online form and make sure you enter the right details. We will verify these details and send you a loan offer accordingly.


Upload a copy of your documents on the portal for verification.


Once we verify your documents, we find everything is in order, we sanction the loan.


Lastly, we disburse the funds straight to your account.

Other Ways to Apply for a Business Loan in Visakhapatnam

You can apply for business loan in Visakhapatnam with Tata Capital in the following ways too.

  • Via phone
    Give us a call on our customer care number at 18602676060. Our customer care executive will get in touch with you.

  • Virtual assistant
    Use help from our online virtual assistant fill out your online business loan application.

  • Offline
    Head to our branch and complete the business loan application formalities offline. Our on-site lending experts will guide you through the entire process.