Get quick access to business funding with flexible repayment options tailored for Indian entrepreneurs. Whether you need GST-based financing, MSME loans under the Mudra scheme, or capital for Make in India initiatives, our tailored business loan solutions help achieve your goals with minimal paperwork and fast approvals as per RBI guidelines.
Estimate your monthly EMI payments and see how much financing your business could qualify for under MSME and Mudra schemes
Last updated: Today, 10:30 AM
Loan Amount
₹10,00,000
Interest Rate
12.5%
Tenure
36 Months
Estimated Monthly Payment
₹33,214
Our business loans are specially designed for Indian MSMEs and startups with quick fund access, minimal documentation, and flexible repayment options aligned with seasonal business cycles. We understand the unique challenges faced by businesses in metros like Mumbai, Delhi, Bengaluru as well as emerging entrepreneurial hubs like Jaipur, Indore, and Coimbatore.
Getting a business loan with MoneyKarma is quick and straightforward for Indian entrepreneurs. Our fully digital process with Aadhaar-based KYC verification makes it easy to apply, track, and manage your loan from anywhere in India - whether you're in a metro city or a smaller town.
Choose the business loan that suits your specific needs in the Indian market. Whether you're a kirana store owner in Jaipur, a textile manufacturer in Surat, or a tech startup in Bengaluru, we have tailored solutions for various business types across India.
Perfect for managing day-to-day operations, inventory purchases during festival seasons, and short-term financing needs for GST-registered businesses.
Ideal for scaling operations, opening new locations across Indian cities, or expanding product lines under the Make in India initiative.
Perfect for purchasing or upgrading machinery under the Mudra scheme for micro-enterprises, including manufacturing equipment, commercial vehicles, and digital technology.
Hear from business owners across India who've grown their ventures with our customized business loan solutions tailored for the Indian market
Expanded my South Indian restaurant chain
"I had a successful South Indian restaurant in Juhu but needed capital to open locations in Powai and Andheri. MoneyKarma's business expansion loan provided ₹35 lakhs with minimal paperwork and GST-based assessment. The approval came in just 36 hours, and the team guided me through digital KYC. Today, I run three successful restaurants across Mumbai suburbs, serving over 1,500 customers daily."
Working capital for Diwali season production
"As a manufacturer of traditional sarees and textiles in Surat, managing cash flow during pre-Diwali production period was always challenging. MoneyKarma's GST-based working capital loan of ₹18 lakhs solved this problem with flexible repayment terms aligned with our festive sales cycle. The quick disbursement via IMPS ensured we could purchase raw materials in advance and fulfill all our wholesale orders for Diwali, Durga Puja, and wedding season. Our revenue grew by 40% YoY."
The basic documents required include your Udyam Registration Certificate, GST returns for the last 6 months, bank statements for the last 6 months, ITR for the last 2 years with Form 26AS, KYC documents (Aadhaar and PAN) of directors/partners/proprietors, and business address proof. For loans under ₹10 lakhs with GST history, we offer a simplified documentation process with just GST returns, bank statements, and KYC. For Mudra loans under the Shishu category (up to ₹50,000), only Aadhaar, PAN, and a simple business description are required.
At MoneyKarma, we've streamlined the approval process for Indian businesses. Most GST-based working capital loans are approved within 24 hours thanks to our digital verification systems. For GST-registered businesses with consistent filing history, our FastTrack approval can be completed in just 6 hours. For larger Make in India business expansion loans, the approval process typically takes 48-72 hours. Once approved, funds are disbursed via IMPS/NEFT within 24 hours to any Indian bank account. Our Aadhaar-based eKYC and e-sign capabilities make the entire process paperless and convenient for entrepreneurs across India.
For most of our MSME business loans in India, we require a minimum business vintage of 1 year with stable operations and Udyam registration. However, for GST-based working capital loans, we can consider businesses with just 6 months of GST filing history, provided they show consistent revenue patterns. For Startup India registered businesses in technology sectors, we have special programs that consider businesses as young as 3 months old with strong founding teams and market traction. Additionally, for businesses in priority sectors under the Make in India initiative, we offer special vintage relaxations with additional documentation.
Yes, we offer unsecured business loans up to ₹25 lakhs without requiring any collateral for registered MSMEs with valid Udyam certificates. These loans are primarily based on your business performance, GST returns, bank statements, and the credit history of promoters. For manufacturing businesses under the Make in India initiative, this limit extends to ₹50 lakhs without collateral. Under the Mudra scheme, loans up to ₹10 lakhs (Tarun category) are available without collateral. For women entrepreneurs under the Stand-Up India scheme, we offer collateral-free loans up to ₹1 crore with 20% margin money. For higher loan amounts, we may require some form of security, which could be commercial or residential property, equipment, or other business assets.
Our business loan interest rates for Indian MSMEs start from 10.5% p.a. (reducing balance method as per RBI guidelines) and vary based on factors like your Udyam registration category, GST compliance, loan amount, tenure, and credit history. For Mudra loans, rates are further subsidized with Shishu loans starting at 7.5%, Kishore at 9.75%, and Tarun at 10.25%. Manufacturing businesses under the Make in India initiative qualify for special interest rates starting at 8.95%. Equipment financing loans typically have lower rates since the equipment serves as collateral. We offer both fixed and floating rate options linked to MCLR or RLLR as per RBI guidelines, allowing you to choose based on your preference and market outlook. For women entrepreneurs, we offer an additional 0.5% interest rate concession across all loan categories.