Business Loan:

Grow your small firm or large-scale company with business loans from Home Tree.

Our business loans come with a host of benefits and are tailormade to meet your unique business needs. We offer among the best business loans in India, with complete transparency and competitive interest rates. Also, our business loans do not require any security. Apply for a business loan from Any Bank to get funds up to Rs 50 lakhs, and enjoy easy documentation and doorstep service & fast disbursal within 48 hours*, while enjoying unmatched benefits.
*For certain preferred category of Customers. Terms and conditions apply. Loan at sole discretion of Home Tree. Subject to documentation and verification as per Banks requirement

Fulfil Your Every Need

Avail of a loan up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations) without any collateral, guarantor or security, to fulfil your every business need, from business expansion and working capital, to your child's education or a home renovation.

Transfer Loan Balance with Ease

Transfer your existing Business Loan to Any Bank for lower EMIs, and enjoy our benefits

  • Interest rates as low as 15.75%* on the existing loan transfer
  • Processing fee as low as 0.99%

To transfer your loan balance, apply now.

Dropline Overdraft Facility

It provides Overdraft facility without any security. Limit is set in separate Current account which drops monthly till end of the tenure. Pay the interest only on the amount utilized.

Quick Eligibility Check & Disbursal

Check your Business Loan eligibility online or at any branch in just 60 seconds. Loans will be disbursed based on previous repayment of home loans, auto loans and credit cards.

Flexible Tenure

You can repay your loan over a period of 12 to 48 months.

Convenient Borrowing

For any help with your loan, you can reach out to us via SMS, Webchat, Click2Talk and PhoneBanking.

Stay Protected

Take care of your loved ones by paying a nominal premium* and covering your loan with our Credit Protect
Plan:

  • In case of Natural/Accidental Death of the customer, the customer/nominee can avail of the Payment Protection Insurance (Credit Protect), which insures the principle outstanding on the loan up to a maximum of the loan amount.
  • The premium for this product will be deducted from the loan amount at the time of disbursal, after levying service taxes and applicable surcharge/cess at the rates notified by the government.
  • Benefits:
    • Protects the family by paying off the loan amount in case of death of the customer
    • Life Coverage – provides peace of Mind
    • No need to use other savings to repay the loan
    • Tax Benefits as per applicable laws
    • One convenient package - loan + insurance

*Terms & Conditions of the Insurers shall apply. The above product is offered by Home Tree

The following people are eligible to apply for a Business Loan:
  • Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services.
  • The business should have a minimum turnover of Rs. 40 lakhs
  • Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience.
  • Those whose business has been profit making for the previous 2 years
  • The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum
  • The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity

Enclosed below are Any Bank Business Loan Interest Rates & Charges

Fee Charges
Rack Interest Rate Range 15.65% to 21.20%
Loan Processing Charges Up to 2.50% of the loan amount subject to a minimum of Rs. 2359/- & Maximum of Rs. 88500/-
Prepayment No pre-payment permitted until repayment of 6 EMIs
Pre-payment charges 07-24 Months - 4% of Principal Outstanding
25-36 Months - 3% of Principal Outstanding
>36 Months - 2% of Principal Outstanding
No Due Certificate / No Objection Certificate (NOC) NIL
Duplicate no due certificate / NOC NIL
Solvency Certificate Not applicable
Charges for late payment of EMI 2% per month on EMI / Principal overdue subject to the a minimum amount of Rs. 200/-
Charges for changing from fixed to floating rate of interest Not applicable
Charges for changing from floating to fixed rate of interest Not applicable
Stamp Duty & other statutory charges As per applicable laws of the state
Credit assessment charges Not applicable
Non standard repayment charges Not applicable
Cheque swapping charges Rs 500/-
Amortization Schedule charges Rs 200/-
Loan cancellation charges NIL (However Inerest would be charged for the interim period between date of loan disbursement and date of loan cancellation and processing fees would be retained)
Cheque Bounce Charges Rs 550/- per cheque bounce
Legal / incidental charges At actual


Rates offered to customer during the period of April 2018 - to June 2018.

IRR Q I (2018-19)
Min IRR 12.50%
Max IRR 21.50%
Avg IRR 17.01%


Annual Percentage Rate offered to customer during the period of April 2018 - to June 2018.

APR Q I (2018-19)
Min APR 12.55%
Max APR 23.46%
Avg APR 17.50%

*Government Taxes and other levies as applicable will be charged over and above the Fees and Charges

Loan at the sole discretion of Home Tree.

The following documents are required along with your Business Loan application:

  • PAN Card – For Company/Firm/Individual
  • A copy of any of the following documents as identity proof:
    • Aadhaar Card
    • Passport
    • Voter's ID Card
    • PAN Card
    • Driving License
  • A copy of any of the following documents as address proof:
    • Aadhaar Card
    • Passport
    • Voter's ID Card
    • Driving License
  • Bank statement of the previous 6 months
  • Latest ITR along with computation of income, Balance Sheet and Profit & Loss account for the previous 2 years, after being CA Certified/Audited
  • Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate)
  • Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]
Apply Now