Business Loan(Secured)

Grow your business with high-value loans at lower interest rates.

Introduction

A Secured Business Loan helps businesses access higher loan amounts with attractive interest rates by pledging an asset such as property, equipment, or deposits. M M Loans connects you with leading banks to get the best terms for your business needs.

Key Features

High loan amounts for expansion

Lower interest rates due to collateral

Longer repayment tenure

Flexible EMI options

Faster approval with proper documentation

Suitable for SMEs, manufacturers, traders & service providers

Ideal For

Business expansion

Purchasing machinery

Setting up new branches

Working capital requirements

Vendor payments & bulk purchases

Eligibility

Eligible Entities: Self employed non professionals – Sole proprietors, partnership
firms, private limited companies, public limited companies involved in the
business of manufacturing, trading and services
Self employed professionals – Doctors, CA, CS, Architects.
Age: 21 – 65 years
Loan Amount: ₹ 50,000 to ₹ 25Cr
Interest Rate: 14.50% – 22.00%
Loan Tenure: Up to 5 years
Business Vintage: For selfe mployed professional – 3 years
For self employed businessmen – 3 to 4 years
Annual Turnover: ₹ 1 Crand above
Banking Stability: 6 months and above
CIBIL Score: 650 or above
Other Eligibility Conditions: Borrower should have a self owned house or work place

Documents Required

Duly filled Loan Application Form
KYC Documents (Mandatory)
- PAN Card of applicant / business (mandatory)
- Aadhaar Card / Passport / Voter ID / Driving Licence
- Recent passport-size photographs
Business Proof / Registration Documents
- Certificate of Incorporation (Company)
- Partnership Deed (Partnership firm)
- GST Registration Certificate
- Shop & Establishment Certificate / Trade Licence
- Udyam (MSME) Registration (if applicable)
Address Proof (Business & Residential)
- Utility bills (electricity / water – recent)
- Rent agreement or property documents
Financial Documents
- Income Tax Returns (ITR) for last 2–3 years
- Profit & Loss Account and Balance Sheet (last 2–3 years)
- Audit report (if applicable)
Bank Statements
- Last 6–12 months current account / savings account statements
Business Continuity Proof
- Proof of business vintage (minimum 2–3 years in most banks)
Existing Loan Details (if any)
- Sanction letters and repayment statements
Collateral Documents (if secured business loan)
- Property title deed
- Valuation report
- Encumbrance certificate
Other Declarations (as per RBI norms)
- Credit bureau consent
- Business profile / project report (for higher loan amounts)

Comparison of Business Loan Rates and Fees

Bank	Loan Amount	Business Loan Interest Rates*	Lowest EMI per lakh for Max Tenurer	Processing Fee on the Loan Amount
SBI Bank	Rs.1Billion Max	11.20%– 16.30%	Rs.2,594 for 48 months	2% to 3%
HDFC Bank	Rs.50 Lakhs Max	15.50%– 18.30%	Rs.2,808 for 48 months	0.99% onwards. Max 2.50%
ICICI Bank	Rs.40 Lakhs Max	12.90%– 16.65%	Rs.2,270 for 60 months	0.99% onwards. Up to 2%
Axis Bank	Rs.50 Lakhs Max	15.50%to 24%	Rs.2,405 for 60 months	Up to 2%
RBL Bank	Rs.10 Lakhs Max	20.00%– onwords	Rs.2,649 for 60 months	3%
Kotak Bank	Rs.75 Lakhs Max	16.00%– 19.99%	Rs.2,432 for 60 months	Up to 2%
Lendingkart	Rs.1 Crore Max	18.00%– onwords	Rs.9,168 for 12 months	2%
Bajaj Finserv	Rs.30 Lakhs Max	Interestrate 18% onwards	Rs.2,938 for 48 months	Up to 2%
Deutsche Bank	Rs.50 Lakhs Max	24.00%	Rs.3,923 for 36 months	Up to 3%
Edelweiss	Rs.30 Lakhs Max	18.25%onwards	Rs.2,553 for 60 months	2% onwards
Fullerton India	Rs.50 Lakhs Max	16.00%onwards	Rs.2,834 for 48 months	2%
Tata Capital	Rs.50 lakhs Max	18.00%onwards	Rs.2,938 for 48 months	1.50%to 2.50%
Ziploan	Rs.5 Lakhs Max	Interestrate 1-1.5% per month(Flat).		3%

Why Choose M M Loans?

Business Loan(Secured)

Comparison of Business Loan Rates and Fees

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