Apply for ₹50 Lakh Business Loan
Loan up to 50 Lakhs | Attractive Interest Rates | Quick Approval | Easy to Apply
Get Business Loan of ₹50 Lakh to power your business
Business Loans provide borrowers with quick cash without any restrictions on how to utilize the funds, giving them complete freedom in times of need. Business Loans can come to the rescue in challenging financial situations when you don’t have enough savings to meet your financial requirements for continuous running of business.
When availing of a Business Loan of ₹50Lakh through Credit Success, there are several advantages in addition to getting immediate cash. One of the key benefits of such a loan is that no collateral is required to apply for one. Moreover, you can utilize Business Loans for a wide range of purposes with no restrictions, unlike secured loans such as home loans, and car loans.
Why opt for a ₹50 Lakh Business Loan?
If you’re seeking funds to pay for Business expenses like Vendor Payment, Marketing cost, Expansion, new machinery etc., you can opt for a Business Loan up to 50 Lakh through Credit Success to fulfil your various financial needs.
Even if you don’t have the necessary funds in your Current account, don’t worry. Acquiring a Business Loan up to 50Lakh can help you get out of a dire financial situation and helps in business continuity. The Business Loan through Credit Success has a lot of advantages, including flexible repayment options, attractive interest rates, a quick application process, and fast disbursal.
What Will Be the ₹50 Lakh Business Loan EMI for 5 Years?
The EMI that you pay against your loan depends on lots of factors, including the interest rate. The ₹50Lakh Business Loan EMI will be calculated based on the interest rate and loan repayment tenure. If you calculate your ₹50Lakh Business Loan EMI for 5 years at approximately 13% interest rate, it will be:
- ₹50Lakh Loan for 5 years – ₹1,08,712/month
Opting for a ₹50 Lakh Loan for 5 years, allows you to repay your loan in easy and affordable instalments. By choosing to repay your ₹50Lakh Business Loan EMI for 5 years, you further ensure your budget remains unaffected. As a result, you get to manage your finances more efficiently.
How much EMI will I need to pay for a business loan of ₹50Lakh?
| Tenor |
Approximate EMI at 11% interest rate
|
| 2 years | 2,33,039/month |
| 3 years | 1,63,694/month |
| 5 years | 1,08,712/month |
Eligibility Criteria to get Business Loan of ₹50 Lakh
Our goal is to ensure that you can accomplish all your business goals. As a result, we provide business Loans with basic eligibility requirements.
The following factors are considered while determining our business Loan eligibility:
Age of the business. At least 3 years of running
Business Stability
Customer portfolio
Existing repayment obligation
Monthly Income
A good credit score can also help you qualify for a Business Loan of ₹50 Lakh Business Loan Lakh.
Documents Required for ₹50 Lakh Business Loan Lakh Business Loan
We ensure that you do not have to wait too long to fulfil your financial responsibilities and demands by requesting the least amount of paperwork.
Following are the required documents for our business Loan for Salaried:
Identity Proof
Proof of Employment
Proof of Address
Financial statements
Please note that the aforementioned list is simply indicative. When the loan is being processed, more documents might be needed.
Features & Benefits of 50 Lakh Business Loan Lakh Business Loan
At Credit Success, we are committed to making it as simple and quick as possible for our clients to access the finance they need. The following are the key characteristics and perks of the business Loan:
Easy online application process
We leverage technology to reduce the time and effort required to get a business Loan. You can apply for the loan in five simple steps using our user-friendly web interface.
No collateral
You can get the required funds with this instant business Loan without pledging any collateral, as this unsecured loan is based on your earnings or capacity to repay. Retain ownership of your assets while easily borrowing money online.
Flexible repayment tenure
Experience the ease of flexible loan repayment with a ₹50 Lakh Business Loan Lakh business Loan EMI that can be repaid easily. Select a repayment schedule of up to 60 months, and never go over your planned budget when paying it back.
Minimal documentation
Our ₹50Lakh Business Loan Lakh Business Loan has minimal documentation requirements because it is an unsecured loan. This helps with swift approvals and disbursals. All you need to do is meet a few eligibility criteria and provide a limited number of supporting documents to be approved for a loan.
Attractive interest rates
The amount of interest you pay decides how much the loan will cost you. We offer Business Loans with attractive interest rates starting as low as 9.99%* p.a.
No hidden charges and zero foreclosure fees
All loan conditions are explained in a way that is simple to comprehend. We maintain complete transparency throughout the process. Further, there are no prepayment or foreclosure fees, which is another plus.
No usage restrictions
There are no limitations on how you can use this loan, so you can cover any expense you need to.
How to Apply for ₹50 Lakh Business Loan Lakh Business Loan
You can apply for a Business Loan by following the below-mentioned 5 easy steps.
Step 1 – Click on ‘Apply Now’ on our website and fill in the business Loan application form.
Step 2 – Enter your KYC details and upload the documents required for a business Loan.
Step 3: Await application assessment and verification.
Step 4: Receive confirmation on loan approval.
Step 5: Approve and authorize business Loan online disbursal.
Apply for ₹50 Lakh Business Loan Lakh Business Loan within 5 Minutes
Business Loan by Amount
Now you can avail of instant Business Loan by amount. We offer Business Loan catering to categories ranging from 5 lakh. Please check out the below-mentioned options to avail Business Loan by amount:
₹5 Lakh
Business Loan
₹10 Lakh
Business Loan
₹12 Lakh
Business Loan
₹15 Lakh
Business Loan
₹20 Lakh
Business Loan
₹25 Lakh
Business Loan
₹30 Lakh
Business Loan
₹40 Lakh
Business Loan
₹60 Lakh
Business Loan
₹70 Lakh
Business Loan
₹80 Lakh
Business Loan
₹90 Lakh
Business Loan
₹1 Crore
Business Loan
₹1.2 Crore
Business Loan
₹1.3 Crore
Business Loan
₹1.5 Crore
Business Loan
₹1.8 Crore
Business Loan
₹2 Crore
Business Loan
₹2.5 Crore
Business Loan
₹3 Crore
Business Loan
₹3.5 Crore
Business Loan
₹4 Crore
Business Loan
₹4.5 Crore
Business Loan
₹5 Crore
Business Loan
₹6 Crore
Business Loan
₹7 Crore
Business Loan
₹8 Crore
Business Loan
₹9 Crore
Business Loan
₹10 Crore
Business Loan
₹11 Crore
Business Loan
₹12 Crore
Business Loan
Frequently Asked Questions on ₹50Lakh Business Loan
What are the interest rates and applicable charges for a ₹50 Lakh Business Loan?
At Credit Success, we provide business Loans with interest rates that are among the lowest in the industry, starting at just 9.99%* per annum. A nominal processing fee of up to 2% of the loan amount might also be levied.
How can I calculate the EMIs for my ₹50Lakh Business Loan?
To calculate your EMIs, you can use our business Loan EMI calculator. Follow the instructions below:
Step 1 : Go to our website and look for business Loan EMI calculator.
Step 2 : Fill in the spaces with your loan amount, loan tenure, and interest rate. Click on ‘Calculate’ button.
Step 3 : Click “Check Repayment Schedule”.
What are the factors affecting your EMI for ₹50 Lakh Business Loan?
Your credit score has a major influence on the business Loan interest rate, which in turn impacts the amount of your EMI. The tenure you choose will also affect the EMI you will pay.
How I know weather my business is eligible for unsecured business loan or 50 lakh business loan without collateral
Your credit score has a major influence on the business Loan interest rate, which in turn impacts the amount of your EMI. Contact us to get further details.
List of banks and NBFCs offers unsecured business loan of Rupees 50 Lakhs
Following banks and NBFC’s offers business loan of 50 Lakhs
> Axis bank, HDFC Bank, Yes Bank, SBI, Canara Bank, Indian Bank, Kotak Mahindra, KVB, DBS, Deutsche Bank
> Hero Fincorp, Aditya Birla Finance, Godrej Finance, Neogrowth, UGRO Capital, Bajaj Finserv, Poonawalla fincorp