A Business Loan or Commercial Loan from IDFC FIRST Bank can help you set up or expand your business. We understand that business finance is essential for existing firms in different phases of expansion, and thus we make procuring a business loan in India easy and simple. Our flexible business finance offerings come with terms that scale up to your needs. Here are some key features
Our business and commercial loans support businesses with big and small requirements. Borrow from Rs 3 Lakh to Rs 75 Lakhs. No security or collateral is required for obtaining a business loan.
Our flexible tenures on loans make repayment easy; you can choose your loan tenure for any period between 1 and 5 years*.
*Subject to conditions
We provide door-to-door service so that you can submit your application from the comfort of your office or home. IDFC FIRST Bank business loans are available across 50 cities in India.
You can borrow more money by using the top-up facility available for existing borrowers.
IDFC FIRST Bank provides unsecured business loans to a wide variety of small, medium and large enterprises, and professionals. We also provide top-up facilities for existing business loan customers who may require more credit at a later date.
Use our business loan eligibility calculator to find the amount of unsecured business loans you are eligible for. You must also meet the following conditions to fulfil our business loan eligibility:
*Eligibility may vary as per scheme chosen
Get a business loan and take your company to the next level. Using IDFC FIRST Bank’s business loan calculator, you will be able to get a clear picture of how your business loan interest rate affects your monthly outgo. IDFC FIRST Bank’s business loan emi calculator is really simple to use. Just input the amount of loan you desire, the tenure and the interest rate, and you will have a clear picture of the EMIs you have to pay every month in order to expand your business.
Loan Amount
Interest Rate (In Percentage)
Tenure(In Months)
Your EMI
Application for fast
business loans
Are you wondering how to get a business loan? Our business loans are easy to secure. Just fill in our online application form and you are done in a few minutes!
Document Submission
Our relationship manager will come to your premises to collect the documents for quick business loans.
Verification
After the collection of documents, we verify your business loan application; this may involve a personal discussion with you.
Get funds for your business
We provide quick business loans after we have completed the verification. The business loan application process finishes with disbursal, which is made directly to your bank account.
IDFC FIRST Bank business loan documents are easy to obtain. We recommend that you put together your documents before you apply so that the application can be processed faster. We provide a business loan document checklist for your convenience, but please keep in mind that additional paperwork may be required.
Please review the business loan document checklist here:
*Requirement of business loan documents might vary according to the scheme chosen.
Our customers just love us..
Very prompt service at a very reasonable rate. This loan has helped me to complete my project on time as I received the amount quickly with less paperwork
ZAFAR A. KHAN
Hyderabad
I wish to acknowledge that when I was approached by the Officials of IDFC FIRST Bank to avail a loan and during the process of the personal interview I felt very comfortable. The officials were very professional and customer friendly in their approach and swift in executing the loan. The Loan was credited to my account on time.
Godwin Jebakumar
Bangalore
Appreciate the way our loan has been handled and expedited hassle free.
Sumit Bhasin
Delhi