About Secured Business Loans
Loanpao’s Secured Business Loans in Delhi, India, provide high-value funding for businesses by pledging collateral such as property, machinery, or fixed deposits. Ideal for expansion, equipment purchase, or working capital, these loans offer lower interest rates and longer tenures with flexible repayment options.
Why Choose Our Secured Business Loan?
- Interest Rates starting at 8.5% per annum
- Loan Amount from ₹5,00,000 to ₹5,00,00,000
- Tenure from 12 months to 15 years
- Disbursal within 7-10 working days
- Secured with property, machinery, or fixed deposits
- Lower rates due to collateral backing
- Flexible repayment via EMIs
- Online application with expert support
Are You Eligible?
| Criteria | Requirement |
|---|---|
| Business Age | 2+ years of operation |
| Annual Turnover | Minimum ₹30,00,000 |
| Collateral | Property, machinery, or fixed deposits |
| Credit Score | 650+ preferred |
What Documents Do You Need?
- KYC: Aadhaar, PAN of business owners
- Business Proof: GSTIN, Udyam certificate, shop license
- Financials: ITR, balance sheet, P&L (last 2 years)
- Bank Statement: Last 12 months
- Collateral Documents: Property title deed, machinery invoice, or FD certificate
Competitive Interest Rates & Fees
| Bank/Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| SBI | 8.5% - 10.5% | Up to 1% or ₹10,000 |
| HDFC Bank | 8.8% - 11.0% | Up to 1.25% or ₹12,000 |
| ICICI Bank | 9.0% - 11.5% | Up to 1.5% or ₹15,000 |
| Axis Bank | 9.2% - 11.8% | Up to 1.25% or ₹12,000 |
| Kotak Mahindra | 9.5% - 12.0% | Up to 1.5% or ₹15,000 |
Extra Charges:
- Late Payment Charges: ₹1,000 + 2% on overdue amount
- Foreclosure Charges: 3% if prepaid within 24 months, else nil
- GST: Applicable on processing fees
Note: Rates and fees are indicative as of May 2025 and subject to change.
Calculate Your EMI
Enter values and click Calculate EMI to see results.
How to Apply for a Secured Business Loan
- Submit the online application with business and collateral details.
- Upload KYC, business proof, financials, bank statements, and collateral documents.
- Undergo verification, including collateral valuation and credit assessment.
- Receive approval and e-sign the loan agreement.
- Get funds disbursed within 7-10 working days.
Common Questions About Secured Business Loans
What is a Secured Business Loan?
A Secured Business Loan is a high-value loan backed by collateral like property or machinery, offering lower rates for business needs.
Who can apply for a Secured Business Loan?
Businesses with 2+ years of operation, ₹30,00,000+ turnover, collateral, and a 650+ credit score.
What is the maximum loan amount?
Up to ₹5,00,00,000, based on collateral value and business financials.
How long does disbursal take?
Funds are disbursed within 7-10 working days after approval and collateral verification.
What types of collateral are accepted?
Residential/commercial property, machinery, or fixed deposits are commonly accepted.
Can I prepay the loan?
Yes, prepayment is allowed with 3% charges if prepaid within 24 months, otherwise free.
What is the repayment tenure?
From 12 months to 15 years, with EMI-based repayment.
Are there special offers?
Apply by 31st May for reduced processing fees on loans above ₹50,00,000.
What can the funds be used for?
Funds can be used for expansion, equipment purchase, working capital, or other business needs.
What happens if I default?
Late fees, credit score impact, and potential collateral seizure may apply after due notice.