Compare Business Loans &
Scale Your Enterprise
Lowest MSME interest rates starting at 8.85% p.a. • Collateral-free working capital up to ₹75 Lakhs and term loans up to ₹2 Crores • Fast paperless disbursals in 48 hours via digital GST & Account Aggregator.
PSU & Private Banks
Flexible term & OD
Digital underwriting
Up to ₹75 Lakhs
Check Pre-Approved Business Offers
Zero physical paperwork • Soft check with zero impact on CIBIL.
Compare across 12+ leading RBI-regulated Commercial Banks & MSME NBFCs
Business Loan & MSME EMI Calculator
Estimate your monthly working capital outflow, interest costs, and amortization schedule across flexible commercial tenures up to 7 years.
Calculated using Monthly Reducing Balance method
Compare Top Business Loan Interest Rates & Terms
Side-by-side benchmark of commercial interest rates, starting EMIs, maximum limits, collateral rules, and minimum turnover requirements.
Punjab National Bank (PNB) GST Express
psu
Bank of Baroda Baroda SME Loan
psu
SBI Simplified Small Business Loan (SSBL)
psu
Canara Bank MSE Vijetha Loan
psu
HDFC Bank Business Growth Loan
private
Axis Bank MSME Samriddhi & Business Loan
privateIndian Government MSME Schemes & Subsidies
Combine bank commercial credit lines with sovereign credit guarantees like CGTMSE and MUDRA to unlock collateral-free loans up to ₹5 Crores with subsidized rates.
CGTMSE Guarantee
New and existing Micro & Small Enterprises (MSEs) in manufacturing and services.
Why Entrepreneurs Choose CGTMSE Guarantee:
How to Access via Grofi
Apply directly through partner banks on Grofi. The lending bank submits the guarantee coverage directly to the CGTMSE trust portal.
When you apply on Grofi, our algorithm automatically identifies whether your profile qualifies for CGTMSE collateral-free guarantee or MUDRA subsidization, routing your application to the appropriate branch nodal officer.
How to Get a Business Loan in 4 Simple Steps
From initial comparison to bank disbursal — 100% digital, zero physical branch queues, and transparent terms.
Compare & Select Lender
Filter across 12+ partner banks and NBFCs by lowest interest rate, turnover eligibility, and collateral-free options up to ₹75 Lakhs.
Sync GST & Banking Data
Paperlessly connect your GSTIN returns and 6-12 months Current Account bank statements via the RBI-regulated Account Aggregator framework.
In-Principle Sanction (48h)
Automated cash-flow underwriting assesses your business turnover and provides an official digital in-principle sanction letter in 48 to 72 hours.
e-Sign & Fund Disbursal
Complete Aadhaar e-Sign on the loan agreement and receive sanctioned working capital or term loan funds credited directly into your Current Account.
Get Sanction Letters from Top Indian Banks in 48 Hours
Check your eligibility without any paperwork or branch visits. 100% paperless digital sanction.
Business Loan Eligibility & Documents
Check the exact turnover thresholds, operating age, and documentation checklists required for fast-track credit sanctions.
Sole Proprietorship Enterprises
Traders, retailers, distributors, small manufacturers, and individual business proprietors.
Standard Underwriting Criteria
Mandatory Document Checklist
Frequently Asked Questions
Everything you need to know about commercial interest benchmarks, collateral-free CGTMSE rules, turnover eligibility, and disbursal timelines.
Yes, leading banks (HDFC, ICICI, Kotak, Axis, IDFC FIRST) and premier NBFCs (Bajaj Finserv, Tata Capital) offer collateral-free unsecured business loans up to ₹75 Lakhs to ₹1 Crore based purely on cash-flow metrics, audited financials, and GST return consistency.
Furthermore, under the Government of India's CGTMSE scheme, Micro and Small Enterprises can secure up to ₹5 Crores in term loans and working capital credit without offering third-party guarantors or physical collateral.
RBI-Regulated Lenders Only
Every lender on Grofi is an RBI-governed Scheduled Commercial Bank or licensed systemic NBFC.
256-Bit Bank-Grade Encryption
GST and banking statements are processed securely via RBI's certified Account Aggregator ecosystem.
100% Free & Transparent
Zero platform broker fees, zero markup, and zero impact on your CIBIL during pre-approval checks.
Strict No-Spam Policy
We strictly never sell your enterprise phone number to telemarketers. Only verified sanctions are shared.