To access the old website
Click Here
Explore 250+ banking
services on Axis Mobile App
Scan to Download
- Current Account
- Pay
- Collect
- Trade
Services
Solution for Exporters
- Debt & Working Capital
24x7 Loans
For MSMEs with turnover up to ₹30 Cr
- Treasury
- Transact Digitally
- Home
- Business Banking
- Small Business Banking
- Loans For Self Employed Professionals
- Business Loan basis Banking Conduct
Loan based on 12 months banking conduct
No additional financials document required
No collateral and quick process
Flexible repayment options
Business Loan basis Banking Conduct
Every business needs the right boost to grow and succeed. Now, your bank statements can get you a Business Loan up to ₹35 lakhs through a hassle-free process. Our banking program caters to MSME customers, including both self-employed professionals and non-professional business owners.
Commercials for Business Loan
| Loan Processing Charges: Up to 2% + applicable taxes | Up to 2% + applicable taxes |
|---|---|
| Part Pre-payment Charges | 2% + GST on the amount prepaid |
| Foreclosure Charges |
|
| Penal Interest | 2.00% p.a. on overdue instalments |
| Repayment Instruction/Instrument Return Charges | ₹399 per instance + applicable taxes |
Eligibility & Documentation
Eligibility for Business loan basis banking conduct
Business Vintage
- Minimum 3 years
Business Turnover
For loan amount:
- <₹10 lakhs – Not applicable
- >₹10 lakhs – ₹1 crores
Age
- Minimum 21 years at the time of loan application
- Maximum 65 years at the end of loan tenure
Minimum Income
For loan amount:
- <₹10 lakhs – NA
- >₹10 lakhs – ₹3 lakhs
Business profile
- Doctors, CA, CS, ICWA, engineers, ICWA, traders, manufacturers, retailers, wholesalers, service providers
Documentation for Business loan basis banking conduct
- KYC documents
- Bank statement for 12 months
Frequently Asked Questions
Maximum tenure for loan based your banking statement is 36 months.
We offer competitive interest rates for our loan facilities. The interest for each loan is determined based on assessment of your business profile, past track record, financial records, loan amount required and tenure of loan.
To qualify for a business loan under the banking programme:
- The business must have a minimum vintage of 3 years.
- The business income should be at least ₹3 lakhs.
- Either the office or residence must be owned by the borrower.
Repayment shall be monthly, including principal and interest. You can repay a business loan and its EMI through the following channels:
- At the branch
- ECS
- Net banking
To avail various benefits as per government guidelines to boost MSME Business, UDYAM registration for borrower is mandatory.
