Why should I apply for a Tata Capital Business Loan?

You can apply for a business loan with Tata Capital to meet all the financial requirements of your business. At Tata Capital, we provide an instant business loan so that you don’t have to wait to expand your business. Here’s why our business loan can be the best option for you: Our business loan interest ratesare highly competitive, starting from just 12% per annum*You can choose yourbusiness loanamount between Rs 0.40 lacandRs 75 lakhWe don’t ask for collateral or security for providingbusiness financeYou have the flexibility to choose from several EMI plansIf you’re an existing customer, you can get pre-approved offers on our business loanThere are no strict eligibility criteria that you need to fulfillYou can apply for anonline business loan and get instant approval

What are the documents required for a Business Loan?

At Tata Capital, we provide business loans with easy eligibility and minimal documentation. Here are the business loan documents that you will need to submit to avail of a business loan from us: KYC documents, including a photo ID and address proofBusiness proof, such as business registration certificate, trade license, GST registration certificate, or a certified copy of the partnership deed agreement or sole proprietorship declarationIncome proof, such as the last two years' income tax returns (ITRs) and computation of income, last two years' audited financial with tax audit report, last two years' profit-loss statements, or balance sheet (duly audited by a chartered accountant)Current account bank statements and GST returns for the last six months You may also require some additional documents at the time of loan processing. Visit the documents required page for more details.

Who can get a Business Loan?

We offer business loans for self-employed professionals (doctors, CAs, etc.) as well as non-professionals. Here is a list of customers that can apply for a business loan from us: Self-employed individualsProprietorship firmsPartnership firmsLimited liability partnership firmsPrivate limited companiesClosely held public limited companiesHindu undivided families (HUFs)Trusts and societies

Am I eligible for a Business Loan?

Business loan eligibility criteria can vary from one lending institution to another. To become eligible for a Tata Capital Business Loan, you need to fulfill the following requirements: Your age should be at least 21 years at the time of applying for thebusiness loanand not more than 65 years at the time of the last EMIYour credit score should be at least 650 or moreBusiness should be profitableMinimum 2 years business stabilityBanking balance should be at least Rs. 5000 For more details on our business loan eligibility criteria, visit our Business Loan Overview page.

What are the Flexi EMI Plans available to me?

At Tata Capital, we offer two types of Flexi EMI plans for business loan repayment: Step Up Flexi EMI Plan:This repayment option allows you to pay lower EMIs in the beginning and then increase them gradually as your income grows. This plan helps in managing your loan repayment as per your income flow.Step Down Flexi EMI Plan:This repayment option allows you to pay higher EMIs in the beginning and then reduce them gradually. This plan helps in reducing your interest outgo significantly.

How to apply for a Business Loan?

You can apply for an instant business loan with Tata Capital and get on-the-spot approval for business funding. To apply for a business loan with us, you can take any of the following routes: Online: You canapply for a business loan onlinethrough our website.The processshould not takeyoumore than 10 minutesPhone: Call our customer helpline number 1860 267 6060between 9am and8pmMondaythroughSaturdaytoapply for a business loan through your phoneBranch: Visit your nearest Tata Capital branch with the requiredbusiness loan documents. Our executive will guide you through the business loan application process

Home
Business Loan
Small Business Loan

Small Business Loan

An instant way to fund your larger expenses

What are Small Business Loans?

Just like large enterprises, small businesses such as local Kirana stores, electronic repair shops, bakeries, and clothing stores too need funding from time to time. In maximum cases, such businesses require short-term finances to fulfill their urgent cashflow requirements, which can include paying wages to staff, making payments to vendors, or upgrading workplace infrastructure.

Tata Capital’s small business loans are tailor-made loans to help micro and small businesses in India meet their urgent monetary requirements. We provide affordable loan for small business in India with easy eligibility criteria and minimal documentation. You can apply for a new small business loan online and get the funding from the comforts of your home or office.

Loan Amount

₹ 40 Thousand to ₹ 1.5 Lakhs

Loan Tenure

6 months to 36 months

Interest rate starting @

Starting from 12% p.a.*

View Rates & Charges

Advantages of Tata Capital Small Business Loans

Convenient Loan Amount

By applying for a small business loan with us, you can get small business financing of up to Rs. 1.5 lakhs. You can choose your small business funding amount as per your precise business requirements. We provide small business loans for women as well as men entrepreneurs.

Flexible Loan Tenure

Our loan for small business comes with a flexible tenure of up to 36 months. It means that you have the flexibility to choose your loan tenure as per your repayment capability. A higher loan tenure will reduce your monthly EMI but increases your interest outgo.

Easy Eligibility

With Tata Capital, you can get a loan to start a small business or expand your existing business by fulfilling easy eligibility criteria and minimum documentation. Additionally, our loan for small business is approved and disbursed faster to provide you with on-time small business financing.

No Collateral Required

Our business loans for small businesses are 100% collateral-free loans. It means that you are not required to put any of your personal or business assets on the line to qualify for your small business funding.

Doorstep Services

To avail of a loan for small scale business with Tata Capital, you won’t have to step out of your home or office. We provide small business loans online along with doorstep services for document collection and other formalities.

Why Should You Choose Tata Capital’s Small Business Loans?

With Tata Capital, you can get a loan for small business in India without any hassles. Here are a few reasons why you should choose to apply for our small business loan:

Manage Your Working Capital

Every business, irrespective of its size and nature, needs working capital to manage its day-to-day operations. For small business owners, getting access to timely working capital is even more crucial as they are in their growth cycles. Tata Capital provides loan for small scale businesses so that they can meet their short-term working capital requirements with minimum fuss.

Special Rates for Women

At Tata Capital, we provide small business loans for women with attractive interest rates and minimum eligibility requirements. So, as a women entrepreneur, you can apply for our loan for small business and get adequate business funding to meet all your short-term requirements. We offer loans for small businesses up to Rs 1.5 lakhs.

Business Expansion

If you’re looking to expand your existing small business, there can be no better companion than Tata Capital’s small business loan. You can take a loan to start a small business or expand your existing business to greater heights. We provide one of the best small business loans in India with highly competitive interest rates and extended loan tenures.

Tackle Seasonal Cashflow Requirements

If you’re into a seasonal business - for example, a fire-cracker seller, a dry fruit shop, a bridal collection store, etc. - your cashflow requirements during peak season can suddenly go up. During such times, you can avail of a small business loan in India to meet your urgent cash flow needs easily. You can then repay the loan amount in easy EMIs over a convenient tenure.

Who Can Apply for Small Business Loans?

We provide small business loan in India to anyone who can fulfill our business loan eligibility criteria. Below is a list of businesses or customers who can apply for a loan for small business with us:

Self-employed individuals
Sole proprietor small enterprises consisting of manufacturers, retail and wholesale trade and services customers

What are the Eligibility Criteria for Small Business Loans?

At Tata Capital, we provide loans for small businesses with easy eligibility criteria and minimum documentation. Below are the eligibility requirements you need to fulfill to avail of our small business loan:

Your age should be between 21 years and 60 years (at the time of last EMI)

You should have a business vintage of at least two years

Your business turnover should indicate an upward trend

Please note that our small business loan eligibility criteria may include some other parameters as well.

How to Get a Small Business Loan?

Applying for a small business loan with Tata Capital is easy and convenient. You can apply for a small business loan with us in any of the following ways:

Apply online by visiting our website and get an instant approval
Call our customer care number at 1860 267 6060 between 9 am and 8 pm on Monday to Saturday to apply through your mobile phone
Take the help of our 24x7 virtual assistant TIA to apply anytime and from anywhere
Visit your nearest Tata Capital and get in touch with one of our representatives there

How to Apply for a Tata Capital Business Overdraft Loan?

How to Apply for a Tata Capital Small Business Loan?

Branch

You can visit your nearest Tata Capital branch and get in touch with one of our executives there. They will guide you through the entire application process

Locate a Branch

How to Apply for a Tata Capital Small Business Loan?

Online

Apply online through our website and get your loan approval instantly

Apply Now

Virtual Assistant

Take the help of our 24x7 virtual assistant to apply anytime and from anywhere

Phone Call

Call us on our customer care number at 1860 267 6060 between 9 am and 8 pm on Monday to Saturday to apply through your mobile phone. You can also request a call-back

Request a call back

Avail TATA Capital loans directly from WhatsApp

Apply via WhatsApp

More Business Loan products for you

Business Loan for professionals

At Tata Capital, we provide business loans for professionals with benefits like easy eligibility criteria, minimum documentation, and quick disbursals.

Apply Now

Business Loan for women

At Tata Capital, we provide business loans for women entrepreneurs to achieve new heights in the world of business and startups.

Apply Now

What our customers say about us

Overall the experience was good and hope to continue the same. Also Tata Capital executive were nice and polite from the beginning.

Prasenjit Sen

Loan Against Property | 13 January, 2023

Thank you TATA Group for making India proud with all your hassle free and excellent services, Thanks Team

PRAMOD LINGSHETTY PATIL

Personal Loan | 31 December, 2022

I want to thank Tata Capital for giving Loan, During the process I was kept updated. Wanted to thank Tata Capital executive for answering my queries and keeping me updated on Status. Thank you

G BHASKAR

Personal Loan | 30 December, 2022

This is surprisingly easiest way to avail personal loan. I am completely happy with the service provided. Thank you team TATA CAPITAL!

Venugopal Raju

Personal Loan | 28 December, 2022

I was impressed with the way your staff handles their customers and if i come accross any family or friend who may be looking for any financial assistance, I shall surely recommend Tata capital

SHEELA AVINASH PATEL

Business Loan | 24 December, 2022

One of the best Mobile App, Tata capital only took 3-4 working day for loan approval.

ARJUN KUMAR

Personal Loan | 23 December, 2022

The services of Tata Capital is very good.. Approval process, loan charges are not hidden, every aspect was explained to me by Tata Capital executive before taking loan, very good transparency. Keep it up..

Prasanna Shriram Agashe

Personal Loan | 10 December, 2022

Excellent customer service with clarity and politeness. Thanks to TATA Capital having wonderful field staff.

S hari Haran

Two Wheeler Loan | 08 December, 2022

I am very happy that I got timely loan in my worst time.

THAKOR BHIMABHAI SHANKARJI

Personal Loan | 07 December, 2022

Read All

Popular FAQs

Every business, irrespective of its size and age, requires funding from time to time. A business loan can help you avail of the required business funding, and then repay the loan amount in Equated Monthly Installments or EMIs. You can apply for a business loan to meet various short-term and long-term financial requirements of your business, such as getting access to working capital, hiring new employees, buying new equipment, upgrading workplace infrastructure, procuring inventory, or leasing new premises for business expansion.

You can apply for a business loan with Tata Capital to meet all the financial requirements of your business. At Tata Capital, we provide an instant business loan so that you don’t have to wait to expand your business. Here’s why our business loan can be the best option for you:

Our business loan interest rates are highly competitive, starting from just 12% per annum*
You can choose your business loan amount between Rs 0.40 lac and Rs 75 lakh
We don’t ask for collateral or security for providing business finance
You have the flexibility to choose from several EMI plans
If you’re an existing customer, you can get pre-approved offers on our business loan
There are no strict eligibility criteria that you need to fulfill
You can apply for an online business loan and get instant approval

At Tata Capital, we provide business loans with easy eligibility and minimal documentation. Here are the business loan documents that you will need to submit to avail of a business loan from us:

KYC documents, including a photo ID and address proof
Business proof, such as business registration certificate, trade license, GST registration certificate, or a certified copy of the partnership deed agreement or sole proprietorship declaration
Income proof, such as the last two years' income tax returns (ITRs) and computation of income, last two years' audited financial with tax audit report, last two years' profit-loss statements, or balance sheet (duly audited by a chartered accountant)
Current account bank statements and GST returns for the last six months

You may also require some additional documents at the time of loan processing. Visit the documents required page for more details.

We offer business loans for self-employed professionals (doctors, CAs, etc.) as well as non-professionals. Here is a list of customers that can apply for a business loan from us:

Self-employed individuals
Proprietorship firms
Partnership firms
Limited liability partnership firms
Private limited companies
Closely held public limited companies
Hindu undivided families (HUFs)
Trusts and societies

At Tata Capital, ensuring customer convenience is our top priority. That is why we allow the repayment of business loan EMIs through various payment instruments. You can choose to pay your EMIs through a direct debit facility, post-dated cheques (PDCs), or electronic clearance service (ECS).

With Tata Capital, you can apply for an online business loan by visiting our website and entering a few basic details. Or call our customer helpline number 1860 267 6060 to apply for a business loan through your phone. You can even visit your nearest Tata Capital branch and get in touch with one of our executives.

Yes. At Tata Capital, we don’t ask for collateral or security for providing business finance. This means you don’t have to put your personal or business assets on the line to qualify for business funding. Our business loans are 100% collateral-free.

If you are running an online retail store or an e-commerce website, you can apply for a business loan with Tata Capital for your working capital requirements. To get your online business loan approved, you must fulfill the following eligibility criteria:

Your CIBIL score should be above 700
Your business turnover must show an upward trend

Yes. If you have taken a business loan for your sole proprietorship business or partnership business, it will reflect in your personal credit report. If you fail to repay your business loan on time, your credit score might be impacted. However, if your company is an LLC, your business loan would affect only your business credit score and not your personal credit score.

By availing of a business loan in India, you can reduce your taxable income. Any interest levied on a business loan is eligible for tax deductions since the interest paid on a business loan is considered to be a business expense and not revenue. However, the principal component of a business loan is not tax-deductible.

Business loan eligibility criteria can vary from one lending institution to another. To become eligible for a Tata Capital Business Loan, you need to fulfill the following requirements:

Your age should be at least 21 years at the time of applying for the business loan and not more than 65 years at the time of the last EMI
Your credit score should be at least 650 or more
Business should be profitable
Minimum 2 years business stability
Banking balance should be at least Rs. 5000

For more details on our business loan eligibility criteria, visit our Business Loan Overview page.

A business account is not mandatory to get a business loan if you are running a sole proprietorship business. However, for a partnership business, corporation, or LLC, having a business account is mandatory for getting a business loan.

Your business loan EMI would depend on several factors, such as your business loan amount, loan tenure, and the applicable business loan interest rate. You can use our online Business Loan Calculator to know the exact EMI that you would have to pay for your business loan.

At Tata Capital, we provide business loans of up to Rs 75 lakh. However, the maximum business loan amount you can take will depend on your business loan eligibility and credit score. By having a good credit score and a profitable business, you can avail of the maximum loan amount.

With Tata Capital, you can take up to 60 months to repay your business loan. You have the flexibility to select a business loan tenure as per your repayment capability. You can even choose from different EMI plans to repay your business loan as per your income cycle.

At Tata Capital, the interest rate for a business loan is fixed. It means that your business loan interest rate and the EMI would not change during its repayment tenure. Our interest rate starts from - Self-Employed Non-Professional: 15% - 25%, Self-Employed Doctors: 12.00% - 15.00%, Self-Employed Professional Other than Doctors: 13.00% - 17.50%

At Tata Capital, we offer two types of Flexi EMI plans for business loan repayment:

Step Up Flexi EMI Plan: This repayment option allows you to pay lower EMIs in the beginning and then increase them gradually as your income grows. This plan helps in managing your loan repayment as per your income flow.
Step Down Flexi EMI Plan: This repayment option allows you to pay higher EMIs in the beginning and then reduce them gradually. This plan helps in reducing your interest outgo significantly.

You can apply for an instant business loan with Tata Capital and get on-the-spot approval for business funding. To apply for a business loan with us, you can take any of the following routes:

Online: You can apply for a business loan online through our website. The process should not take you more than 10 minutes
Phone: Call our customer helpline number 1860 267 6060 between 9 am and 8 pm Monday through Saturday to apply for a business loan through your phone
Branch: Visit your nearest Tata Capital branch with the required business loan documents. Our executive will guide you through the business loan application process

Quick Links

Find the right Loan for you

Machinery Loans

If you’re into a manufacturing business, you may need to install the latest machinery or equipment in your factory.

You can apply for a machinery loan with us to fund the purchase of your business-related tools or equipment.

Know More

Machinery Loans

MSME Loans

MSMEs are the second-largest employer in India after the agriculture sector.

To help these MSMEs grow and flourish without being affected by financial hurdles, Tata Capital offers MSME loans or SME loans at competitive interest rates.

Know More

MSME Loans

Overdraft Loan

If you’re unsure of the total loan amount that you may need for your business, you can avail of a business loan overdraft facility or an overdraft business loan.

With Tata Capital, you can get an OD loan for business of up to Rs. 75 lakhs at an affordable interest rate.

Know More

Overdraft Loan