Overview of Business Loan in Greater Noida
Greater Noida’s thriving industrial and commercial landscape makes business loans a vital resource for entrepreneurs and SMEs in 2025. Whether for expansion, working capital, or equipment purchase, Loanpao connects Greater Noida businesses with lenders like Axis Bank, ICICI Bank, and Yes Bank, offering loans up to ₹50 lakh at interest rates starting at 10% p.a. with tenures up to 5 years.
Eligibility Criteria for Business Loan in Greater Noida
| Criteria | Details |
|---|---|
| Age | 21 to 65 years |
| Business Type | Proprietorship, partnership, Pvt. Ltd., or LLP |
| Annual Turnover | Minimum ₹10 lakh |
| Credit Score | Minimum 650; higher scores improve terms |
| Business Vintage | Minimum 2 years in Greater Noida |
Documents Required for Business Loan in Greater Noida
- Identity Proof: Aadhaar, PAN Card, Passport, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Greater Noida address).
- Business Proof: GST certificate, shop act license, or Udyam registration.
- Financial Documents: ITR (last 2 years), bank statements (last 6 months), or audited balance sheet.
- Photograph: Recent passport-size photograph.
Benefits of Business Loan in Greater Noida
- Loan amounts up to ₹50 lakh for business needs.
- Competitive interest rates starting at 10% p.a. in 2025.
- Flexible repayment tenures up to 5 years.
- Collateral-free options for eligible businesses.
- Quick disbursal within 5–7 days post-approval.
Factors Affecting Business Loan in Greater Noida
Interest Rate
Rates range from 10% to 18% p.a., based on credit score, turnover, and business stability.
Loan Amount
Up to ₹50 lakh, depending on turnover and lender policies.
Credit Score
A score above 650 ensures better rates; lower scores may increase costs.
Business Performance
Strong turnover and profitability in Greater Noida qualify for larger loans.
How to Apply for a Business Loan in Greater Noida
Follow these steps to apply for a business loan in Greater Noida through Loanpao:
- Visit loanpao.in and select "Business Loan in Greater Noida."
- Fill out the online application form with details (business name, Greater Noida address, turnover).
- Upload required documents (Aadhaar, GST certificate, financials).
- Compare offers from top Greater Noida lenders like Axis Bank, ICICI Bank, and Yes Bank.
- Get approval and funds disbursed within 5–7 days in Greater Noida.
Loan Eligibility for Business Loan in Greater Noida
Check your eligibility for a business loan in Greater Noida with Loanpao’s tool:
- Enter your annual turnover (minimum ₹10 lakh).
- Provide your credit score (preferably above 650).
- Specify business vintage and Greater Noida address.
- Include business type for personalized offers.
Loanpao will assess your eligibility and suggest the best business loan offers in Greater Noida.
Check Eligibility NowTrack Your Business Loan Application in Greater Noida
Loanpao provides a seamless tracker for your business loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Greater Noida.
- Contact Loanpao support for assistance with delays in Greater Noida.
Business Loan Comparison in Greater Noida
Compare business loan offers from top lenders in Greater Noida:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Axis Bank | 10.50% p.a. | Up to ₹50 lakh | Up to 5 years | 1% of loan amount |
| ICICI Bank | 11.00% p.a. | Up to ₹40 lakh | Up to 4 years | 1.5% of loan amount |
| Yes Bank | 11.25% p.a. | Up to ₹30 lakh | Up to 3 years | 2% of loan amount |
Frequently Asked Questions
Minimum annual turnover is ₹10 lakh for businesses in Greater Noida.
Business loans in Greater Noida are disbursed within 5–7 days after approval.
Collateral-free loans are available for eligible businesses, but some lenders may require security.
Yes, startups with at least 2 years of operation and strong financials can apply.
Missing an EMI may incur late fees, impact your credit score, or lead to legal action by the lender.