Business Loan
A business loan is a financial product that provides funds to a business for various purposes, such as expansion, working capital, equipment purchase, or inventory management. It is also known as a commercial loan. Every business, irrespective of its size and nature, requires funding from time to time. A business loan is an unsecured credit that can help you meet your growing business’ urgent financial requirements. You can apply for a business loan to usher in the funds required to expand your existing business, boost its production, take your business online, procure inventory, buy equipment, and much more.

Features of Business Loan
How to get Business Loan in 6 easy steps?

Why Should Choose Business Loan?
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 product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an 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, in respect of 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 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 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.
Loan 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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Eligiblity Criteria For Business Loan
Important RBI/Regulatory Updates
Legal Identity Identifier (LEI) : If a non-individual borrower has an aggregate exposure of Rs. 5 crore and above from banks and financial institutions, then that borrower shall be required to obtain Legal Entity Identifier (LEI) code at the time of sanction. Borrowers who fail to obtain the LEI codes from an authorized Local Operating Unit (LOU) within the timelines mentioned below as per different exposure brackets shall not be sanctioned any new exposure nor shall they be granted renewal/enhancement of any existing exposure.

Business Loan Documents
4 things
You can avail of a Gauranga Capital business loan by submitting only a handful of documents. Below is our business loan documents list:
- Identity proof or KYC documents such as Aadhaar card, Passport
- Business Proof
- ITR for proof of income
- Bank Statement
Please note that this business loan documents list is indicative. The exact documents required for business loan may vary from case to case based on our assessment program. However, the KYC documents and six-month bank statements are common business loan documents required in each case.
Tips to get Business Loan at Low Interest
3 Tips


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A business loan is a financial product that provides funds to a business for various purposes, such as expansion, working capital, equipment purchase, or inventory management. It is also known as a commercial loan. Every business, irrespective of its size and nature, requires funding from time to time. A business loan is an unsecured credit that can help you meet your growing business’ urgent financial requirements. You can apply for a business loan to usher in the funds required to expand your existing business, boost its production, take your business online, procure inventory, buy equipment, and much more.
there are three features -
- Multipurpose Loan
- Collateral Security
- Overdraft Facility
- Minimum Documentation
- Flexible Loan Tenure
- Quick Approval & Fast Disbursal
the steps to get loan-
- Determine your Requirement
- check loan eligiblity
- Calculate monthly installment
- Fill the Document
- Sumbit the Document
- Enjoy the loan
There are reason to choose business loans-
- Expansion of Business
- Shortage of Cash Flow
- Buy a latest Equipment
You can avail of a Gauranga Capital business loan by submitting only a handful of documents. Below is our business loan documents list:
- Identity proof or KYC documents such as Aadhaar card, Passport
- Business Proof
- ITR for proof of income
- Bank Statement
Please note that this business loan documents list is indicative. The exact documents required for business loan may vary from case to case based on our assessment program. However, the KYC documents and six-month bank statements are common business loan documents required in each case.