Working Capital
Fund day-to-day operations with cash credit, overdraft or short-term business loans from banks and NBFCs.
Loan options focused on Working Capital Loan
Working Capital Loan borrowers usually evaluate banks and NBFCs that actively service the city. The market is marked by Indian city market and salaried and self-employed mix. Applicants here often show a mix of local employment and nearby metro/city job links.
Use product pages for Working Capital Loan to review eligibility, documents and indicative charges, then submit one clear enquiry.
- City focus: Working Capital Loan
- Corridors: city and nearby localities
- Demand pattern: growing formal credit demand
- Tip: Lenders usually look at banking stability and FOIR before treating the pin code as a deciding factor.
Working Capital – Overview
Working capital finance supports inventory, receivables and operating expenses. Banks may offer CC/OD limits linked to drawing power.
GST sales, banking turnover and collateral (if any) drive limit size. Clean account conduct is critical for renewals.
Check Your Eligibility
EMI Calculator
Top Lenders for Working Capital
| Bank / NBFC | Interest Rate | Loan Amount | Tenure | Processing Fee | |
|---|---|---|---|---|---|
| SBI | ~10.00%–14.00% p.a. | ₹5 Lakh – ₹5 Cr | 12 mo renewable | 0.50%–1.00% | Apply |
| Bank of Baroda | ~10.00%–14.00% p.a. | ₹5 Lakh – ₹5 Cr | 12 mo renewable | 0.50%–1.00% | Apply |
| Yes Bank | ~11.50%–16.50% p.a. | ₹5 Lakh – ₹1 Cr | 12 mo renewable | Up to 1.50% | Apply |
| Kotak Mahindra Bank | ~11.00%–16.00% p.a. | ₹5 Lakh – ₹2 Cr | 12 mo renewable | Up to 1.50% | Apply |
| HDFC Bank | ~11.00%–16.00% p.a. | ₹5 Lakh – ₹2 Cr | 12 mo renewable | Up to 1.50% | Apply |
| Tata Capital | ~14.00%–22.00% p.a. | ₹1 Lakh – ₹50 Lakh | 12 – 36 months | 1.00%–3.00% | Apply |
| ICICI Bank | ~11.00%–16.00% p.a. | ₹5 Lakh – ₹2 Cr | 12 mo renewable | Up to 1.50% | Apply |
Rates and limits are indicative only, may change without notice, and are not an offer. Final terms are set by the lender after eligibility assessment. Verify current offers with the bank or NBFC.
*Indicative ranges for comparison. Final offer depends on profile and lender policy at sanction.
Everything You Need to Know
Eligibility Criteria
| Applicant type | Salaried or self-employed resident Indians |
|---|---|
| Age | 21 – 58 years (salaried); up to 65 at maturity on some products |
| Income (salaried) | Minimum net salary often ₹15,000 – ₹25,000 per month |
| Income (self-employed) | Minimum annual income often ₹2 Lakh – ₹3 Lakh with 2 years ITR |
| Credit score | 700+ preferred; 750+ for best interest rates |
| Employment vintage | Salaried: 6–12 months with current employer; business: 1–3 years |
| FOIR | Total EMIs usually capped around 40%–55% of net monthly income |
*Indicative only.
Documents Required
| Identity (KYC) | PAN and Aadhaar (or passport / voter ID as accepted) |
|---|---|
| Address proof | Aadhaar, utility bill or passport from lender list |
| Income – salaried | Last 3–6 months salary slips; Form 16 if asked; 3–6 months bank statements |
| Income – self-employed | ITR + computation for 2 years; GST returns if registered; 6–12 months statements |
| Employment / business | Employee ID / appointment letter; Udyam / GST / registration for businesses |
| Disbursal | Cancelled cheque or account details in applicant name |
Processing Fees & Charges
- Processing fee: commonly 0.50% – 2.50% of loan amount
- Documentation / stamp charges: state-wise actuals
- Valuation / legal (secured loans): often ₹2,000 – ₹10,000+
- Prepayment: many floating home loans flexible; personal loans may charge 2%–5% after lock-in
- Late payment: penal interest often 2%–3% per month on overdue EMI
- Insurance: optional or bundled; premium may be financed
Application Process
- Estimate working capital gap
- Submit financials and banking
- Assessment of limit / DP
- Sanction and documentation
- Limit setup / disbursal
Frequently Asked Questions
CC vs OD?
Both are revolving limits; structure and security differ by bank.
What is drawing power?
Limit linked to stock and receivables after margins.
Interest on full limit?
Usually on utilised amount for OD/CC.
Collateral-free WC?
Available up to limits for eligible profiles.
Renewal frequency?
Often annual review for bank limits.
Can GST help?
Yes — turnover visibility improves underwriting.
Stock audit?
May be required for larger CC limits.
Term loan vs WC?
Term loan for assets; WC for operations.
Multiple limits?
Possible with disclosure across banks.
Is LoanPao free?
Yes for enquiry and comparison.