Unsecured Loan

Eligibility Criteria for Business Loan

  • Minimum business experience of 1 years
  • Promoter age must be 22 and above
  • Such other criteria as may be specified from time to time

Documents Required for Business Loan

  • KYC of Borrower and Co-Borrowers
  • Bank statements for last 6 months and ITR, if applicable
  • Any other document as may be specified

Unsecured loans

Fee & Interest details

APR (Annual Percentage Rate) 18% - 55.3% p.a.
Processing Fee* 2-3% of Loan amount
Loan Tenure Up to 36 months
Prepayment Charges* (for full or partial prepayment) 4% of outstanding amount
Loan Amount upto ₹100 Lakhs
*GST applicable at prevalent rates

Type of Unsecured Loan

Indifi Capital offers the following types of loans to small businesses:

  1. Term loan:

  2. Upfront disbursal with repayment in fixed instalments

  3. Line of Credit:

  4. Revolving facility with flexibility of drawdown request