With your business plans all set out to take the commercial world with a storm, lack of Anika enterprises is the last thing that should stand between you and your business ambition. We don’t believe any business ambition is too big, or too small. Whatever be the requirement, be it replenishing the inventory of your general store, expanding your cafe, our unsecured business loans have got you covered. You can count on us to be your partners in your entrepreneurial journey by providing SME financing to fund both regular working capital needs and expansion plans.
Our business loan is an unsecured credit instrument to help you with funds from ₹ 5 lakhs upto ₹ 50 lakhs, to meet your business’s growing needs. Whether you are going through a financial crunch or you are looking forward to expanding, our business loan can provide you funds to ensure smooth functioning without a halt. Whether you are a manufacturer, retailer, wholesaler, or service provider, avail of our SME loans to get going.
Apply for Loan| Interest rates: | Starting at 6.45% |
| Loan limit: | Up to INR 75 lakhs* |
| Loan tenure: | 60 months to 10 Years |
| Processing fees: | 0% to 6% of the loan amount |
Loans up to ` 25 Lakh*
Attractive Interest Rates
100% Paperless Application Process
Quick
Disbursal
Additional Benefits for Customers
| Fees | Amount |
| Processing Charges | 1.5%+GST |
| Evaluation Fee | Rs. 250+taxes for loan up to Rs 1.5 lac RS 575 + taxes for loans above 1.5 lac |
| Foreclosure charges | 2%+GST if closed within 3 months No charges if closed after 3 months |
| Denied payment of loan amount charges | 2% p.a. Over applied rate of interest |
| Stamp duty & other statutory charges | As per the laws of the state |
| Processing Fees (Renewal) | Rs. 350+GST |
| Type of Loan | Minimum Rate of Return | Maximum Rate of Return | Average Rate of Return |
| Business Loan | 9.50% | 17.55% | 11.32% |
Age between 21 to 60 years*
Salaried or Self-employed
Minimum Salary – INR 50,000 - 75,000*
750 or above, with good credit history
Resident Indian
Additional Benefits for Customers