Business Loan Eligibility Criteria and Calculator

Loan Eligibility

Business Loan Eligibility Criteria

Primarily an unsecured loan, a Business Loan empowers you to avail funds without collateral for infusion into your enterprise for purposes that you deem fit.

However, to avail such a facility, you need to fulfil certain eligibility criteria laid down by our Partner Banks and NBFCs.

Age
- Minimum 18 years
- Maximum 65 years a time of Loan Maturity
Nationality
- Resident Citizen of India with no Criminal Record
Business
- Minimum 3 years Own Business Vintage
- Minimum Annual Turnover and Profit at Lender's Discretion
- Registered Chartered Accountant Audited Balance Sheet Compulsory
- No Previous Default with any Financial Institution
Credit Score
- Credit Score of 700 & More

How to Operate

Business Loan Eligibility Calculator

Avarage Annual Profit (as per ITR)

Obligation

Tenure (in months)

Rate of Interest (ROI)

Congratulations

You are eligibile for loan amount up to

4,00,000

Apply Now

Business Loan Eligible Entities

The following entities may avail Business Loans at Ruloans

Resident Individuals
Self-employed Professionals
Enterprises
- SMEs or Small and Medium Enterprises
- MSMEs or
- Artisans
- Traders
- Manufacturers
- Shopkeepers
- Small Vendors
- Retailers
Companies
Private Limited Companies
Public Limited Companies
Sole Proprietors

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Latest Business Loan News From Blog

by Ruloans
10 October, 2018

5 Major Expenses Which A Business Loan Can Help You With

In the 21st century, there are many businesses that want to survive in the market. But with so much competition, only the business which can innovate, be creative and sell their offering effectively will survive.

by Ruloans
24 September, 2020

Struggling with maintaining your business? We have the best solution for you!

Handling a business during the lockdown is difficult. Using this solution of a low interest rate business loan, easily handle your business in India.

by Ruloans
19 June, 2019

10 Quick Tips Regarding Business Loan

Any business has a strong motive of delivering their product and earning revenue. Their primary goal is also to make profits. All this cannot be done just with an idea. You need to arrange for a location, labor and finally a lot of capital.

Reviews

What Our Clients Say

Mumbai is a city that is full of options for a loan. But I decided to go with Ruloans for my business loan in Mumbai. I decided this because I am already having my personal loan from here. The service for both my loans was very good. I will recommend other people also for this company if they are looking for a business loan

Soniya Singh

CEO-Founder

I was a housewife and wanted to start my own kitchen for food delivery. Ruloans helped me to get a business loan from my preferred bank. The rate of interest is affordable and now I have started my kitchen.

Disha Samant

Small Business

The best option to get a new business loan is through Ruloans. I am saying this with my personal experience with them. The whole loan process was quite smooth and hassle-free. I have never defaulted on any payments and my CIBIL score was good. This helped me to get a business loan without any issues.

Jitendra Pradhan

CEO

Expand your business potential to peak!