Overview of Business Loan in Gurugram
A business loan in Gurugram provides funds for expansion, working capital, or equipment purchase, tailored for small and medium enterprises. In 2025, top lenders like Bajaj Finance, HDFC, and Kotak Mahindra offer business loans in Gurugram with interest rates starting at 11% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for a business loan suited to Gurugram’s vibrant market.
Eligibility Criteria for Business Loan in Gurugram
| Criteria | Details |
|---|---|
| Age | 21 to 65 years |
| Residency | Must be a resident of Gurugram with valid address proof |
| Business Turnover | Minimum ₹5 lakh annual turnover |
| Business Stability | Minimum 2 years of business operations |
| Credit Score | Minimum 650 preferred |
| Business Type | Proprietorship, partnership, or private limited company |
Documents Required for Business Loan in Gurugram
- Identity Proof: Aadhaar Card, PAN Card, or Passport.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Gurugram address).
- Business Proof: GST registration, shop act license, or Udyam certificate.
- Financial Documents: ITR (last 2 years), profit & loss statement, balance sheet.
- Bank Statement: Last 6 months’ business account statements.
- Photographs: 2 passport-sized photographs.
Benefits of Business Loan in Gurugram
- Competitive interest rates starting at 11% per annum in 2025.
- Loan amounts up to ₹25 lakh based on business turnover in Gurugram.
- Quick disbursal within 48 hours from lenders like Bajaj Finance in Gurugram.
- Flexible repayment tenure of up to 5 years.
- No collateral required for unsecured business loans.
Factors Affecting Business Loan in Gurugram
Interest Rate
Rates range from 11% to 18%, depending on credit score, turnover, and business stability.
Loan Amount
Lenders offer up to ₹25 lakh based on financials and creditworthiness in Gurugram.
Credit Score
A score above 650 ensures better terms in Gurugram.
Business Turnover
Higher turnover (above ₹5 lakh) increases loan eligibility.
How to Apply for a Business Loan in Gurugram
Follow these steps to apply for a business loan in Gurugram through Loanpao:
- Visit loanpao.in and select "Business Loan in Gurugram."
- Fill out the online application form with your details (name, Gurugram address, business turnover).
- Upload required documents (Aadhaar, PAN, ITR, business proof).
- Compare offers from top Gurugram lenders like Bajaj Finance, HDFC, and Kotak Mahindra.
- Get approval and funds disbursed within 48 hours in Gurugram.
Loan Eligibility for Business Loan in Gurugram
Check your eligibility for a business loan in Gurugram with Loanpao’s eligibility tool:
- Enter your annual business turnover (minimum ₹5 lakh).
- Provide your credit score (preferably above 650).
- Specify your business stability (minimum 2 years).
- Include your Gurugram address for localized offers.
Loanpao will instantly assess your eligibility and suggest the best business loan offers in Gurugram.
Check Eligibility NowTrack Your Business Loan Application in Gurugram
Loanpao provides a seamless tracker for your business loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on your application status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Gurugram.
- Contact Loanpao support for assistance with delays in Gurugram.
Business Loan Comparison in Gurugram
Compare business loan offers from top lenders in Gurugram:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Bajaj Finance | 11% p.a. | Up to ₹25 lakh | Up to 5 years | 1% of loan amount |
| HDFC | 11.5% p.a. | Up to ₹20 lakh | Up to 4 years | 1.5% of loan amount |
| Kotak Mahindra | 12% p.a. | Up to ₹15 lakh | Up to 3 years | ₹3,000 |
Frequently Asked Questions
The minimum annual turnover required is ₹5 lakh for a business loan in Gurugram.
Interest rates for business loans in Gurugram start at 11% per annum, depending on the lender.
Business loans in Gurugram can be disbursed within 48 hours after application submission.
Yes, but a credit score above 650 is preferred. Some lenders in Gurugram may approve with a lower score at higher rates.
The maximum tenure for a business loan in Gurugram is up to 5 years.
Yes, most lenders in Gurugram allow prepayment with minimal or no charges after 6 months of EMIs.
Missing an EMI can lead to late fees, a negative impact on your credit score, and potential legal action by the lender.
Top lenders in Gurugram for business loans include Bajaj Finance, HDFC, and Kotak Mahindra, offering competitive rates and quick disbursal.
Yes, Loanpao offers a fully online application process for business loans in Gurugram.
The maximum loan amount for a business loan in Gurugram can go up to ₹25 lakh, depending on the lender and business turnover.