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Interest Rate
24%
Loan Amount
₹10L - ₹50L
EMI Per Lakh
₹2877 - ₹2877
Processing Fees
3% of the disbursed loan amount
Pre Payment Charges
5% of the principal outstanding (For fixed & floating rates, both)
Interest Rate
11.1% - 16%
Loan Amount
₹1L - ₹2Cr
EMI Per Lakh
₹2179 - ₹2432
Processing Fees
Up to 3% of the loan amount
Pre Payment Charges
Up to 12 months : 2% ,More than 12 months: Nil
Interest Rate
14% - 26%
Loan Amount
₹1L - ₹35L
EMI Per Lakh
₹2327 - ₹2994
Processing Fees
<ul><li>2.5% of Loan amount for Business Loans (loan amount greater than Rs 25 lakh)</li><li>3% of Loan amount for small business Loans (Rs 5 lakh to Rs 25 lakh)</li><li>(No processing fee applicable for small business loans below Rs 5 lakh)</li></ul>
Pre Payment Charges
Interest Rate
10% - 22.5%
Loan Amount
₹50K - ₹50L
EMI Per Lakh
₹2125 - ₹2790
Processing Fees
<ul><li>Up to 2.00%* of the loan amount.</li><li>NIL Processing Fees for loan facility up to ₹5 Lakhs availed by micro and small Enterprises subject to URC submission prior to disbursal.</li></ul>
Pre Payment Charges
Interest Rate
10.75% - 25%
Loan Amount
₹50K - ₹10Cr
EMI Per Lakh
₹2162 - ₹2935
Processing Fees
Upto 2.00% + Taxes applicable
Pre Payment Charges
Nill/2% of sanction limit
Interest Rate
15.99% - 24.25%
Loan Amount
Up to ₹50L
EMI Per Lakh
₹2431 - ₹2891
Processing Fees
Up to 2.5% of loan amount
Pre Payment Charges
Part prepayment is not allowed
Interest Rate
12% - 18%
Loan Amount
₹1L - ₹30L
EMI Per Lakh
₹2224 - ₹2539
Processing Fees
Up to 2% of the sanctioned loan amount
Pre Payment Charges
Up to 2% of the outstanding amount
Interest Rate
16% - 28%
Loan Amount
₹3L - ₹75L
EMI Per Lakh
₹2432 - ₹3114
Processing Fees
Up to 2%
Pre Payment Charges
Up to 4% of outstanding amount.
Interest Rate
9% - 36%
Loan Amount
Up to ₹75L
EMI Per Lakh
₹2076 - ₹3613
Processing Fees
Up to 4% of loan amount sanctioned
Pre Payment Charges
For unsecured loans:
For secured loans (immovable property):
Interest Rate
8.25% - 18%
Loan Amount
₹1L - ₹40L
EMI Per Lakh
₹2040 - ₹2539
Processing Fees
Up to 2% of the loan amount
Pre Payment Charges
No pre-payment permitted until repayment of 12 EMIs
Interest Rate
14%
Loan Amount
₹1L - ₹9L
EMI Per Lakh
--
Processing Fees
Up to 3.5%
Pre Payment Charges
5% of outstanding principal
Interest Rate
12.5% - 16%
Loan Amount
₹1L - ₹40L
EMI Per Lakh
₹2327 - ₹2327
Processing Fees
Up to 2% (plus applicable taxes) of the facility amount
Pre Payment Charges
Interest Rate
11.2% - 16.3%
Loan Amount
Up to ₹50Cr
EMI Per Lakh
₹2184 - ₹2448
Processing Fees
Flat Rs 10,000
Pre Payment Charges
--
Interest Rate
10.2% - 12.95%
Loan Amount
₹5L - ₹5Cr
EMI Per Lakh
₹2135 - ₹2273
Processing Fees
Starting from ₹500 – 10,000
Pre Payment Charges
--
Interest Rate
6.75% - 13.5%
Loan Amount
₹5L - ₹50L
EMI Per Lakh
₹1968 - ₹2301
Processing Fees
Up to 3% of the loan amount
Pre Payment Charges
Up to 12 months : 2% ,More than 12 months: Nil
Interest Rate
8.15% - 15%
Loan Amount
₹50K - ₹15L
EMI Per Lakh
₹2035 - ₹2379
Processing Fees
Up to Rs.300/- per lakh or part thereof
Pre Payment Charges
2% on the outstanding pre-paid
Interest Rate
11.4% - 15.5%
Loan Amount
Up to ₹15L
EMI Per Lakh
₹2194 - ₹2405
Processing Fees
Up to 1% (Maximum Rs 7,500)
Pre Payment Charges
There is no prepayment penalty if the loan is adjusted by the borrower from his/her own verifiable legitimate sources.
Interest Rate
9.5% - 11.55%
Loan Amount
₹50K - ₹20Cr
EMI Per Lakh
₹2100 - ₹2202
Processing Fees
Up to 75% of applicable charges
Pre Payment Charges
0.25% per lakh or part there of with a minimum of Rs. 500 or 1% of the loan amount
Interest Rate
14.49%
Loan Amount
₹25L
EMI Per Lakh
₹2352 - ₹2352
Processing Fees
Up to 4% of the sanctioned loan amount
Pre Payment Charges
Interest Rate
13.5% - 19.5%
Loan Amount
₹5L - ₹50L
EMI Per Lakh
₹2301 - ₹2622
Processing Fees
Up to 2.5% of the sanctioned loan amount
Pre Payment Charges
--
Interest Rate
10% - 42%
Loan Amount
₹1L - ₹1Cr
EMI Per Lakh
₹2125 - ₹4009
Processing Fees
Less than 2% of the loan amount
Pre Payment Charges
Up to 3% - 6% (eligible 6 months after the disbursement of the loan amount)
Interest Rate
12.5% - 26%
Loan Amount
₹5L - ₹75L
EMI Per Lakh
₹2250 - ₹2994
Processing Fees
Up to 2.5% of the loan amount plus GST
Pre Payment Charges
4.5% on future principal outstanding on existing loan plus GST
Interest Rate
15% - 24%
Loan Amount
₹1L - ₹75L
EMI Per Lakh
₹2379 - ₹2877
Processing Fees
Up to 5%
Pre Payment Charges
--
Interest Rate
15%
Loan Amount
₹50K - ₹2Cr
EMI Per Lakh
₹2379 - ₹2379
Processing Fees
2%-3%
Pre Payment Charges
--
Interest Rate
18%
Loan Amount
₹3.5L - ₹25Cr
EMI Per Lakh
₹2539 - ₹2539
Processing Fees
Micro Million: Upto 3.5% of the loan amount + taxes
Pre Payment Charges
4% of the principal amount + taxes
Interest Rate
19.99% - 26%
Loan Amount
₹50K - ₹10L
EMI Per Lakh
₹2649 - ₹2994
Processing Fees
Up to 3% of loan amount
Pre Payment Charges
--
Interest Rate
Up to 36%
Loan Amount
₹1L - ₹50L
EMI Per Lakh
₹3613 - ₹3613
Processing Fees
2% to 6% plus GST with an additional amount of up to Rs 500 charged as convenience fees
Pre Payment Charges
For prepayment / foreclosure within 1 – 6 months of EMI repayment: 7% plus GST
Interest Rate
Up to 18%
Loan Amount
₹1L - ₹50L
EMI Per Lakh
₹2539 - ₹2539
Processing Fees
Up to 2%
Pre Payment Charges
--
Interest Rate
18% - 24%
Loan Amount
₹50K - ₹1Cr
EMI Per Lakh
₹2539 - ₹2877
Processing Fees
Up to 2% of the loan amount
Pre Payment Charges
Interest Rate
9% - 30%
Loan Amount
₹25K - ₹45L
EMI Per Lakh
₹2076 - ₹3235
Processing Fees
<ul><b>Unsecured Business Loan</b></ul><li> Processing Fee-Up to 3.54% of the loan amount (Inclusive of applicable taxes)</li></li>Bounce Charges-Rs. 1500/- per bounce.</li><li>Penal Interest-Delay in payment of instalment(s) shall attract penal charges of Rs. 40 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount</li><li>Document processing charges-Up to Rs. 2360/- (Inclusive of applicable taxes)</li><li>Stamp duty-Payable as per state laws and deducted upfront from loan amount</li><li>Legal and technical-N/A</li><ul><b>Annual Maintenance Charges</b></ul><li>Flexi Term Loan- Up to 0.413 % (Inclusive of applicable taxes) of the Total Withdrawable Amount (as per the repayment schedule) on the date of levy of such charges.</li><li>Flexi Hybrid Loan- Up to 1.18 % (Inclusive of applicable taxes) of the Total Withdrawable Amount during Initial loan tenor. Up to 0.413% (Inclusive of applicable taxes) of Total Withdrawable Amount during Subsequent loan tenor.</li></ul><ul><b>Secured Business Loan</b></ul><li> Processing Fee-Up to 3.54% of the loan amount (Inclusive of applicable taxes)</li></li>Bounce Charges-Rs. 1500/- per bounce.</li><li>Penal Interest-Delay in payment of instalment(s) shall attract penal charges of Rs. 36 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount</li><li>Document processing charges-Up to Rs. 2360/- (Inclusive of applicable taxes)</li><li>Stamp duty - Payable as per state laws</li><li>Legal and technical -Up to Rs. 6,000/- per property (Inclusive of applicable taxes) charged upfront.</li><ul><b>Annual Maintenance Charges</b></ul><li>Flexi Term Loan - Not Applicable</li><li>Flexi Hybrid Loan -Up to 0.295% (Inclusive of applicable taxes) of the Total Withdrawable Amount during Initial Loan tenor. Not Applicable during Subsequent loan tenor</li></ul>
Pre Payment Charges
Interest Rate
9% - 12%
Loan Amount
₹25L - ₹5Cr
EMI Per Lakh
₹2076 - ₹2224
Processing Fees
2% of the amount disbursed
Pre Payment Charges
EDI (Equated Daily Installment)
Interest Rate
17% - 21%
Loan Amount
Up to ₹50L
EMI Per Lakh
₹2485 - ₹2705
Processing Fees
Up to 6.5% p.a. of the loan amount
Pre Payment Charges
--
Interest Rate
15.5% - 24%
Loan Amount
Up to ₹50L
EMI Per Lakh
₹2405 - ₹2877
Processing Fees
1% of the loan amount (fixed)
Pre Payment Charges
--
Interest Rate
13.99%
Loan Amount
₹5L - ₹25L
EMI Per Lakh
₹2326 - ₹2326
Processing Fees
0.50% for salaried and 1% for SENP (plus applicable taxes and other bona fide levies, if any)
Pre Payment Charges
Rs.500 (Nil if requested once in quarter)
Interest Rate
19%
Loan Amount
₹50K - ₹25L
EMI Per Lakh
₹2594 - ₹2594
Processing Fees
Up to 3% of the loan amount
Pre Payment Charges
5% of the principal outstanding
Interest Rate
15% - 28%
Loan Amount
₹1L - ₹30L
EMI Per Lakh
₹2379 - ₹3114
Processing Fees
For Medical Equipment Loans: minimal charges
Pre Payment Charges
4% of outstanding loan amount plus taxes
Interest Rate
Up to 26%
Loan Amount
₹5L - ₹40L
EMI Per Lakh
₹2994 - ₹2994
Processing Fees
Up to 2%
Pre Payment Charges
Allowed only after 12 months of the loan sanction Charges will be applicable as mentioned in the sanction letter.
Interest Rate
17%
Loan Amount
₹5L - ₹30L
EMI Per Lakh
₹2485 - ₹2485
Processing Fees
2% plus the applicable GST
Pre Payment Charges
After 36 months of agreement : 2% plus applicable GST
Interest Rate
17% - 19%
Loan Amount
₹5K - ₹1L
EMI Per Lakh
₹2485 - ₹2594
Processing Fees
Up to 2.50% of the loan amount + GST
Pre Payment Charges
--
Interest Rate
15% - 24%
Loan Amount
₹50K - ₹1Cr
EMI Per Lakh
₹2379 - ₹2877
Processing Fees
<ul><li>Indifi Term Loan: 2%</li><li>Indifi Business Loan Line of Credit: 2%</li><li>Indifi Merchant Cash Advance: 2%</li><li>Indifi Business Loan for Women: 2%</li><li>Indifi Flipkart Seller Loan: 3%</li><li>Indifi Amazon Seller Loan: 3%</li></ul>
Pre Payment Charges
Indifi Business Loan for Construction Business: 4%.
Business loan lenders usually charge processing fees, prepayment charges, commitment charges, inspection charges, account service charges, penal interest and documentation charges from their business loan borrowers.
Particulars | Charges |
---|---|
Processing Fees | Up to 6% of the loan amount |
Prepayment Charges | Up to 5% of the outstanding principal |
Penal Interest | 2%-6% on the outstanding loan amount |
However, fee fees and charges levied on business loans vary widely across lenders. Below mentioned is an overall range of a few charges levied by the lenders on business loans.
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