Looking for easy funding for your business? Ujjivan Small Finance Bank offers business loans with quick approval, minimal documents, and flexible repayment. Check Ujjivan Business Loan details here.
Introduction
Running a business requires timely financial support, whether for expansion, working capital, or equipment purchase. Ujjivan Small Finance Bank Business Loan is designed to help micro, small, and medium enterprises (MSMEs) grow without financial hurdles. With affordable interest rates, fast processing, and minimal documentation, Ujjivan makes it easier for entrepreneurs to access funds.
Features of Ujjivan Business Loan
-
✅ Loan amount starting from ₹50,000 up to higher limits (depending on profile).
-
✅ Collateral-free loans for eligible small businesses.
-
✅ Flexible repayment tenure ranging from 12 months to 60 months.
-
✅ Quick approval and disbursement.
-
✅ Transparent charges and no hidden costs.
Eligibility Criteria
To apply for a Ujjivan business loan, the applicant should meet the following requirements:
-
Must be an Indian resident aged 21–65 years.
-
Should be a self-employed individual, trader, manufacturer, or service provider.
-
Must have stable income and business proof.
-
A good credit history improves chances of approval.
Documents Required
Applicants need to provide:
Identity & Address Proof
-
Aadhaar Card, PAN Card, Voter ID, Passport, or Driving License.
Business Proof
-
GST registration certificate, Shop Act license, or other business-related registration documents.
Financial Documents
-
Bank statements (last 6 months).
-
ITR / audited financial statements (if applicable).
Interest Rates & Charges
-
📌 Interest Rate: Competitive, starting from approx. 15–23% p.a. (varies by business profile).
-
📌 Processing Fee: Nominal, usually around 2% of the loan amount.
-
📌 Prepayment Charges: Applicable if loan closed before tenure (varies by terms).
How to Apply for Ujjivan Business Loan?
You can apply through:
-
Online: Visit Ujjivan Small Finance Bank official website.
-
Offline: Visit the nearest Ujjivan branch and fill the loan application form.
-
Customer Care: Contact Ujjivan’s support team for business loan assistance.
Benefits of Ujjivan Business Loan
-
🚀 Quick loan approval with minimal paperwork.
-
🚀 Suitable for small shopkeepers, traders, and entrepreneurs.
-
🚀 Collateral-free funding for eligible borrowers.
-
🚀 Wide branch network across India for easy accessibility.
FAQs on Ujjivan Business Loan
Q1. What is the maximum amount I can borrow under Ujjivan Business Loan?
👉 It depends on your business profile and repayment capacity, generally starting from ₹50,000.
Q2. Do I need collateral to get this loan?
👉 In many cases, Ujjivan provides collateral-free loans to micro and small businesses.
Q3. What is the repayment period for this loan?
👉 The tenure usually ranges between 1 to 5 years.
Conclusion
If you are an entrepreneur looking for quick financial support, Ujjivan Business Loan is a smart choice. With affordable interest rates, simple eligibility, and flexible repayment, Ujjivan makes business funding easy for small enterprises.
👉 To apply, visit the official Ujjivan Small Finance Bank website or your nearest branch today.
Related
UCO Bank Property Loan – Features, Interest Rates & Eligibility
UCO Bank MSME Loan – Eligibility, Interest Rates & Application Process
Bandhan Loan 2025 – Types, Interest Rates, Eligibility & Apply Online
Arohan Loan Details – Eligibility, Interest Rate & Apply Online 2025
2 thoughts on “Ujjivan Business Loan – Interest Rates, Eligibility, and Application”