HDFC Bank Business Loan

HDFC Bank helps offers business loans to help you develop your own business anywhere in India, be it large scale ventures or small scale firms. These schemes are tailor made for people wanting to avail business loans because it comes with a platter full of advantages. HDFC Business loans are free of collateral.  Its low interest rates and policy transparency make them one of the best business loan schemes in India. provides all the information regarding HDFC Bank Business Loan. The maximum limit is a whopping amount of Rs. 50 lakhs along with door to door service and simple documentation process. At our website, you can know HDFC bank business loan eligibility, and use for free the HDFC bank EMI calculator and check business loans interest rates in HDFC bank.

Eligibility criteria for HDFC Business Loan
  • During maturity the borrower shouldn’t be 65 plus. 21 years age is the minimum borrowing criteria.
  • The lowest limit for yearly income of venture is Rs. 1.5 lakh
  • Business should show profits for past 2 years.
  • Overall business experience should be 5 years with at least 2 plus 1 year in current venture.
  • Minimum turnover of venture shouldn’t be less than rupees 40 lakh.
  • Partnership firms, companies those are private limited, professional individuals and proprietors in trading, servicing or manufacturing business.
Advance Payment System of the HDFC Bank Loan Scheme
  • All payments those are more than rupees 49 thousand must be done by Demand draft or pay order or account payee cheque.
  • Prepayment involves paying applicable foreclosure fees along with six EMIs, any moment after 6 months of availing the business loan
  • Money more than rupees 49 thousand would not be taken for repaying of credit against completely matured or closed loan payment. Credit can be closed before hand by a cheque at the branch or a demand draft.
Characteristics of Business Loan in HDFC Bank
  • On having a Savings or Current account with HDFC Bank, you can avail extra benefits like easier documentation, prioritized processing and a preferred processing charge.
  • The borrowed credit may be repaid between 1 to 4years.
  • Factors like location of product cap, capacity for repayment and income, the credit quantum is decided by the bank, from rupees fifty thousand to rupees 50 lak only.
  • There is no requirement for providing of collateral or any kind of guarantee while availing the loan amount.