100% digital process
Submit all your details and documents online.
Get Flexi Credit up to ₹9 lakhs ✔️Instant disbursal ✔️100% online process
Get Flexi Credit up to ₹9 lakhs ✔️Instant disbursal ✔️100% online process
Lenders or banks provide business loans to businesses or new startups for various needs such as expansion, equipment purchase, or operational expenses. They come with a set repayment term and interest rate. Eligibility criteria may include a good credit score, a solid business plan, and a stable annual turnover. They offer benefits like flexible repayment terms and competitive interest rates.
Get a loan on your terms. Choose from flexible EMIs and tenure options.
Submit all your details and documents online.
Get your Loan application approved!!
Choose the loan tenure and EMI amount as per your need.
Airtel provides flexible loans with competitive interest rates. Its streamlined application process, quick approvals, and minimal documentation make it a go-to choice for businesses. Plus, it offers customizable repayment schedules to ease the financial burden.
Follow the simple steps mentioned below
Find Shop > Airtel Finance
Fill in your basic details
Basis profile verification
Link your bank account
Enter loan amount, interest rate, and tenure to get instant EMI results. This helps in budget planning and managing finances better. A must-use before applying for a business loan.
Business Loan amount
Enter the loan amount
Tenure plan
Choose your tenure plan
Rate of interest
Adjust your interest rate
Principal
₹50,000
Interest
₹67,949
With Airtel Flexi Credit, you get below
₹10,000 to ₹9,00,000
Starting from 11.75% p.a.
03 to 36 months
Within 24 hours
No paperwork
2% GST
One must be between the age-group of 21 and 65 to be eligible for a Business loan.
Business loans from Airtel Flexi Credit are available for salaried and self-employed individuals
Anyone with a monthly income of ₹13,500 or more can apply
If you are looking for a loan between ₹10,000 to ₹9,00,000, then Airtel Personal Loan is perfect for you!
There are nearly 10 types of business loans available in India and they are as follows-
Determining how much money you need to borrow for your business involves several steps:
Business Plan: Firstly, you need a robust business plan. A business plan will help you understand your business needs better and predict potential expenses and revenues.
Budgeting: Create a detailed budget for your business. Include all potential expenses, from rent and salaries to supplies and utilities, as well as your projected income.
Cash Flow Projection: This is an estimate of the money you expect your business to bring in and payout over a period. It will help you understand how much capital you need to keep the business running.
Consider Unexpected Costs: Always anticipate unexpected costs and include a buffer in your loan amount to cover them.
Existing Resources: Deduct your savings or any existing resources that you plan to invest in your business from the total amount calculated above.
Loan Repayment: Consider your potential to repay the loan. You don’t want to burden your business with debt.
Remember, every business is different, and the amount of money you need to borrow will depend on various factors such as your industry, business size, and location. It might be beneficial to consult with a financial advisor or accountant.
The interest rates and term period may differ depending on the type of business loan you apply for. They could begin from 8% and go up to 30% based on various factors like your credit history, amount of loan, tenure, etc.
The eligibility criteria may slightly differ from one bank to the other. However, to explain the basic eligibility criteria for a business loan, the following factors are crucial-
Improving your chances of getting approved for a business loan involves several steps:
Good Credit Score: A solid credit history demonstrates to lenders that you are reliable and can manage debt effectively.
Solid Business Plan: Banks and lenders want to see that you have a well-thought-out plan for your business. This includes an overview of the business, market analysis, sales and marketing strategies, and financial projections.
Cash Flow and Revenue: Lenders are more likely to approve loans for businesses that have a steady cash flow and strong revenue. This shows that you will likely be able to repay the loan.
Down Payment: If you can make a significant down payment, this can also increase your chances. It reduces the lender’s risk.
Business Experience: Lenders prefer borrowers who have experience in the business they are in or have been in business for a few years.
Complete Application: Make sure all the information in your application is accurate and complete. Any errors or omissions can lead to delays or a rejection.
Remember, every lender has different criteria, so it’s important to do your research and understand what each lender is looking for.
A Business Loan is a specific type of loan designed to assist businesses with their financial needs. These business loans are usually obtained to start a new business, expand existing operations, purchase equipment, or manage day-to-day expenses. The bank or lender provides a certain amount of money that should be repaid with interest over an agreed period.
Get a personal loan with minimal documentation from Airtel Finance
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