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Compare Options & Apply For MSME Business Loan

Discover options to fund your business

Have you been running a business for more than a year?

  • Interest rate ranging from 16% to 20%
  • For working capital needs, up to Rs 1 Lakh

5 Simple Steps To Select The Best Option

Share business information

Discover & compare options

Decide what works best

Select the best match

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Got questions about MSME Loan?
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Features and Benefits

PURPOSE

To start or, grow a business, or to meet working capital needs.

ELIGIBLE ENTITIES

Individuals/Proprietors, Partnership Firms, LLP and Private Limited Companies.

SECURITY

Scheme-dependent with collateral or collateral free, with or without a co-borrower / guarantor.

REPAYMENT PERIOD

Scheme dependent maximum repayment period is up to 5 years

REPAYMENT SCHEDULE

Equated Weekly Installments or Equated Monthly Installments.

Small Businesses Supported

₹ 0 cr

Loan Amount Facilitated

70+

Free Online Business Guides

FAQs

Under different loan schemes, interest is calculated either on the basis of reducing balance or fixed balance.

Usually, NBFCs/Banks offer the initial 1 to 3 months as the moratorium period after disbursing the loan amount.

It depends on the NBFCs/banks providing the loan. Default EMI/EWI charges may be applicable.

The payment of EWIs/EMIs should be made through UPI, NEFT/RTGS or NACH.

Yes, your CIBIL score is an important factor. NBFCs & banks check the borrower’s credit history and assess the business based on factors such as past loan track record, repayment history, etc. They then come up with individual assessment results.

Yes, a business that has entity-specific documentation in place, such as partnership deed, MOA, AOA are eligible for this loan.

Our partners in the journey

deAsra, in association with several organisations, has taken up the cause of promoting mass entrepreneurship. Such organisations include funding partners, service partners, like-minded NGOs and CSRs that work towards generating jobs through entrepreneurship, and entrepreneur clubs.