Axis Bank Business Loan

Axis Bank star star star star star 4.0 / 5.04 users

Axis Bank Business loan is one of the best ways to finance your business needs. Axis Bank is a popular private sector bank in India. The business loan in Axis Bank is specially designed credit facility based on EMI and free of collateral security requirement. If you make use of this scheme for expenses related to the business, you would be eligible for the added advantages and facilities as well. These types of business loan facilities offer you finance options ranging from medium to long periods for your varied business requirements, be it a start-up or an existing business.

At our website, you can check Axis Bank business loan eligibility and Axis Bank EMI calculator for free. Stay updated on this page, provides all the information about Axis Bank business loans:

Axis Bank Business Loan Details Updated on 20th January 2020

Loan Amount

Minimum - Rs. 50,000 Maximum - Rs. 50,00,000

Loan Tenure

60 months

Interest Rate

15.50% to 24.00%

Why Apply for Axis Bank Business Loan?

  • The advantage of this loan is its same interest throughout the duration.
  • Simple documentation is needed and the business loan in Axis Bank then gets processed faster.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • You can check out Axis Bank business loan eligibility and Axis Bank Business Loan EMI calculator at

Features of Business Loans at Axis Bank

The following key points will help you understand the features and benefits of the business loans Axis Bank:

  • Loan amount ranges from Rs. 50 thousand to Rs. 15 lakhs/50 lakhs only.
  • Added facilities guaranteed are speedy loan sanctioning and minimum paperwork.
  • Amount for repayment is determined by the credit period, money lent and rate of interest.
  • The percentage of interest charged depends on the bank’s discretion after judging the borrower’s credit history, income, business turnover and profit etc.

Axis Bank Business Loan Can Be Taken By the Following

  • Societies, trusts and organizations regarding hospitals or academic institutions.
  • Public limited companies those are unlisted.
  • Partnership firms
  • Private limited companies
  • Partnership type with limited liability
  • Proprietorship firm
  • Individuals possessing business registration.

Tax Advantages:

  • Under IT Act, profit percentage used for loan repayment is exempted. It’s applicable to small business holdings taking business loan from banks.

Why Apply for Business Loan on Loanbaba?

At Loanbaba, you can compare and apply for business loans online. You can check out several loans for business and go through their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, on a single platform. The loan application process is simple and easy, as you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

Axis Bank Business Loan Interest Rates

The Axis Bank business loan interest rate is between 11.20% and 16.30%, but varies as per individual profile. Keep a check on this page to note the updated Axis Bank business loan interest rate for the current year.

Axis Bank Business Loan Eligibility Calculator

Business loan eligibility may differ from one candidate to another. You can also use free-of-cost business loan Axis Bank loan eligibility calculator at The eligibility criteria for loan for business are discussed below:

  • The applicant for business loan Axis bank needs to meet the age requirement and possess all necessary identity and profit/revenue proof etc required applying for the loan.
  • He/she meet the requirement for company credit score and should not be under too many debts.

Types of Axis Bank Business Loans

Axis Bank has business loan schemes for all kinds of professionals. The amount taken as loan can be used for either multiple or specific purposes.

Axis Bank Business Loan FAQs

Below provided are important questions about business loan Axis Bank.

  • addFAQs
    1. What are the eligibility criteria for Axis bank business loan?
    2. Business Loan Axis Bank Eligibility Required:

      • Age: Maximum 65 years and minimum 21 years
      • Vintage of business:  At least 3 years
      • Turnover: Between Rs. 30 lakhs and Rs. 10 crore
    3. What is the Special Benefits of Business Loans Offered by the Axis Bank?
      • You can focus on important business requirements without having to worry about securing finance, since the bank disburses loan at the earliest.
      • Business loan from Axis bank allows you to have capital investment without disturbing your savings money.
      • The repayment term for loan is flexible, thus you can repay easily without worries
    4. What is the Documents Required for Business Loan in Axis Bank?
    • Basic documents for identity, age and residence proof.
    • Guarantor or Co applicant or form 60 provided for all applicants or PAN card.
    • ITR of the last two years
    • Audit report.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Axis Bank.

Axis Bank Business Loan Review

Business Loan
star star star star star 15.0/5
Axis bank provided me an instant response in regards to my Business Loan application. The processing charges were minimal. It is a trusted service from their team.
Mumbai January 16, 2020
Business Loan
star star star star star 14.0/5
My experience with Axis bank for Business Loan in Bangalore was a good one. My schedule was so hectic that I chose to apply online for the loan at loanbaba and was not disappointed by either of their service. Both loanbaba and Axis were professional in their service.
Mumbai January 16, 2020
Business Loan
star star star star star 12.0/5
Business Loan by Axis bank was perfect, but the turnaround time is something they can work upon.
Mumbai January 16, 2020
Business Loan
star star star star star 15.0/5
I had applied my Business Loan in Mumbai at Axis bank. I was in dire need of funds and fortunately got the loan amount soon.
Mumbai January 15, 2020

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