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
- Long term loans
- Long term Business Loan basis Banking Conduct
Long Term 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.
Feature & Benefits
- Loan based on 12 months banking conduct
- No collateral and quick process
- No additional financials document required
- Flexible repayment options
This account comes with a host of unique features:
- Zero Monthly Average balance Requirement
- Extended benefits in cash deposits, withdrawal, chequebook, NEFT and RTGS
- Nil Monthly Service charge
- Classic , Supreme and Platinum options available for debit card. Click here
Commercials1
- Loan Processing Charges Up to 2% + applicable taxes
- Part Pre-payment Charges 2% + GST on amount prepaid
- Foreclosure Charges
- Up to 24 months – 4% of principal outstanding + GST
- 25-36 months – 3% of principal outstanding + GST
- >36 months – 2% of principal outstanding + GST
- Penal Interest 2.00% p.a. on the amount on overdue installments
- Repayment Instruction / Instrument Return Charges Rs. 399/- per instance + applicable taxes
Eligibility & Documentation
Business Vintage
- Minimum 3 years
Business Turnover
For loan amount:
- <10 lakh – Not applicable
- >10 lakh – 1 CR
Age
- Minimum 21 years at the time of loan application
- Maximum 65 years at the end of loan tenure
Minimum Income
- <10 lakh – NA
- >10 lakh – 3 lakh
Business Profile
- Doctors, CA, CS, ICWA, Engineers, ICWA, Traders, Manufacturers, Retailers, Wholesalers, Service providers
- 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 avail business loan under banking programme,
- Business vintage should be minimum 3 years
- Business income should be minimum Rs. 3 Lakh and
- Either office/ residence has to 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, MSME registration for borrower is mandatory.
