Hdfc Bank Business Loan Interest Rate at 10% to22.50%

Note: Updated on 10 Feb 2023, for latest interest rates, please visit bank website.

About Hdfc Bank

Hdfc Bank is a private sector bank in india established on 1994. It has headquarter in Mumbai and address is Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra. It has 4014 branches across the state 11766 and ATMs across India.

It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, loans, personal loans, netbanking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.

Hdfc Bank Business Loan Interest Rates, Business Loan at 10% to22.50% Updated on 25 Apr 2025. Apply for Business Loans Online. Find purpos, Eligibility, Margin, Repayment of Business Loan ,Security, Documents Required for Business Loan below.

Other Products of Hdfc Bank:

Hdfc Bank Business Loan Purpose

To provide hassle-free, tailor-made and with easy documentaion loan to meet your unique business need from business expansion and working capital, to your child's education or a home renovation. Offers doorstep service plus a host of benefits. Transfer existing Business Loan to HDFC Bank for lower EMIs, and enjoy more benefits..

Hdfc Bank Business Loan Eligibility

1. Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services
2. The business should have a minimum turnover of Rs. 40 lakhs
3. Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience
4. Those whose business has been profit making for the previous 2 years
5. The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum
6. The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity

Hdfc Bank Business Loan Document Required

1. Completely Filled Business Loan Application Form
2. PAN Card - For Individual / Partnership Firm / Company
3. Identity Proof - Any one (e.g. Voter ID / Driving License / Passport / Aadhar Card)
4. Address Proof - Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)
5. Ownership proof of either residence or office either in the name of applicant or jointly with family members
6. Business Continuity Proof - Any one document dated 5 years old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed)
7. Proof of Vintage eg. Shops & Establishment certificate/VAT/Sales Tax Registration Certificate, etc
8. KYC documents of Applicant/ Co-Applicant/ Promoters/ Guarantor
9. Passport Size Photographs of all applicants and co-applicants
10. Financial Projection for 2 years
11. Last 3 year Financial Statement including latest 2 years Audited Statements along with all schedules
12. Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
13. Any other document as required by the bank based on the status of the applicant.

Hdfc Bank Business Loan Amount

Up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations). Can avail Rs 50,000/- to Rs 50,00,000/- depending on your income, repayment capacity and respective location product cap

Hdfc Bank Business Loan Margin

margins

Hdfc Bank Business Loan Repayment

12 to 48 months

Hdfc Bank Business Loan Security

Nil

How to Manage your Business Loan Properly?

1. Follow a financially disciplined attitude. You also need to manage your income and expenses well.
2. Switch to loan having Lower Rate of Interest. Always be watchful about what rate of interest other lenders are charging. If you find considerable difference in the interest charge, you must think of switching you existing loan to the lender who is offering the loan at lower interest rate.
3. Pay Higher EMI in case you are able to do so with ease and currently having no monetary issue. It will lower down you Business Loan amount and also lower your interest outgo.
4. Opt for Partial Pre-payment. Whenever you receive extra funds by any means, you must try to make partial pre-payment of loan. It will reduce your debt marginally.
5. Do not Avail Unnecessary Loan. If you can manage some small expenses out of the funds in your hand then you must not opt for any kind of loan.
6. Pay your EMIs on Time. Do not make any delay in payment of your loan EMI and never ever miss your EMI. Delay in payment may attract penalty or extra charges. Also it will impact your credit score negatively.
7. Make higher down payment. In that case, you will need lower loan which you can manager efficiently by repaying it on time and with ease.
8. Try to repay other small loans, if possible. It will reduce your debt burden and so as your interest cost.

Tax Benefits Available in Business Loan

Interest paid on a business loan is tax deductible expense which means interest paid is an expense for the business and is deducted from gross income. However, the principal amount is not tax deductible because repayment of principal means paying back the money borrowed, hence cannot be considered an expense.

As the tax is paid on the net income earned by a businessman in a financial year. So the interest can be subtracted from the gross income in order to compute the net income. After deducting the interest expenses from the gross income, net income is arrived at, on which the income tax is paid.

As after deduction of interest from the gross income of the business, the net taxable income, on which tax is to be paid, reduces and hence the businessman needs to pay less income tax.

Contact details of Hdfc Bank, Hdfc Bank SMS balance check number, Hdfc Bank SMS banking, Hdfc Bank mobile banking, Hdfc Bank toll free number,Hdfc Bank toll free number 24*7, Hdfc Bank miss call number.

• MISSED CALL NUMBERS - 18002703333
• CUSTOMER CARE NUMBERS - 18002583838, 18002664060
• CONTACT NUMBERS - 18002026161, 18602676161, 18002583838, 18002664060, 022-28569303

Hdfc Bank Contact Details

• BANK OFFICIAL WEBSITE - https://www.hdfcbank.com
• CONTACT NUMBERS - 18002026161, 18602676161, 18002583838, 18002664060, 022-28569303
• MISSED CALL NO. - 18002703333
• CUSTOMER CARE NO. - 18002583838, 18002664060
• TOTAL BRANCHES - 4014
• TOTAL ATMS - 11766
• HEADQUARTER - Mumbai
• BANK ADDRESS - Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra

Hdfc Bank EMI Calculator  Hdfc Bank Branches  
Hdfc Bank Business Loan FAQs  Business Loan Document Required

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