Business Loan
Fuel Your Business Growth with Easy Business Loans
A Business Loan provides the capital needed to start, grow, or expand your enterprise. With flexible repayment options and fast approvals, it helps you manage operations, invest in assets, and boost profitability efficiently.
Key Highlights of Business Loan
Get quick, hassle-free business loans with low rates and flexible repayment.
Criteria | Details |
---|---|
Age | 21-65 years |
Business Operational Duration | Minimum 2 years |
Minimum Turnover | ₹20 Lakhs/year (varies by lender) |
CIBIL Score | 700+ (or CRIF/SIDBI) |
Document | Details |
---|---|
PAN & Aadhaar of owner/partners/directors | Required |
Business Registration Proof | GST, Udhyam, Shop Act, etc. (Required) |
ITR for 2 years with computation | Required |
Audited Financials (if applicable) | Required if applicable |
Bank Statement (last 6-12 months) | Required |
Current Loan Track & Sanction Letter | Required for Balance Transfer (BT cases) |
Business Address Proof | Required |
Partnership Deed/MOA/AOA (if applicable) | Required if applicable |
Document | Details |
---|---|
Partnership Deed | Required if applicable (for partnership businesses) |
MOA/AOA | Required if applicable (for companies) |
Calculator Information
The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term, and interest rate. The Product selected determines the default interest rate for personal loan products. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, with respect to the original loan parameters entered, namely amount, annual interest rate, and term in years.
Calculator Assumptions
Length of Month
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis, leading to a varying number of days of interest, dependent on the number of days in the particular month.
Number of Weeks or Fortnights in a Year
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
Rounding of Amount of Each Repayment
In practice, repayments are rounded to at least the nearer cent. However, the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment is after the increase in repayment amount.
Rounding of Time Saved
The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.
Amount of Interest Saved
This amount can only be approximated from the amount of time saved and based on the original loan details.
Calculator Disclaimer
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Finance Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
Period | Payment | Interest | Balance |
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Calculator Disclaimer
The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.
Our testimonials
Real Stories, Real People & Real Results
See how MBFC capital has helped people reach their goals with the right loan at the right time.
“Buying my first home felt impossible until I found MBFC Capital. Their team guided me step by step and got my loan approved in just a few days. The flexible repayment plan made it all manageable. Today, I wake up in my own house, and it still feels like a dream.”

Customer- Home Loan
“I needed a quick personal loan for medical expenses, and MBFC Capital was the only company that responded quickly and clearly. No hidden charges, no confusing process—just genuine help when I needed it most. Forever grateful!”

Customer- Personal Loan
“Starting my small business was risky, but MBFC Capital believed in me when others didn’t. Their business loan gave me the push I needed to get things off the ground. I’ve already expanded in just 8 months—and I’m just getting started!”

Customer- Business loan
Frequently Asked Questions
Some FAQs People Like to Know About Our Business Loan Process
Business loan approvals usually take 2 to 5 working days, depending on the lender and the document verification process.
2. Who is eligible to apply for a business loan?
Self-employed professionals, entrepreneurs, sole proprietors, partnerships, and private limited companies with stable income can apply.
3. What documents are required for a business loan?
You’ll need KYC documents, business proof, bank statements, ITRs, GST returns, and financial statements as applicable.
4. How much loan amount can I get for my business?
Loan amounts vary based on business income, credit score, and repayment capacity, typically ranging from ₹1 lakh to ₹50 lakhs.
5. Can I get a loan without collateral?
Yes, many business loans are unsecured, requiring no collateral, depending on your profile and lender criteria.
6. Can I transfer my existing business loan to reduce interest?
Absolutely! We offer Business Loan Balance Transfer services to help you save more with better interest rates.
7. What is a Business Loan Top-Up, and how does it work?
A top-up loan gives you additional funds over your existing loan without applying for a new one separately.
Get The Best Loan to Make Your Dreams Come True
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