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Current Business Loan Interest Rates


Last Updated Date:21-Aug-2019
Business loan interest rates change whenever there is a change in RBI rate - repo rate. RBI announces the rates every quarter in a year. Loanyantra gets all the top lenders in India onto one page showcasing you which bank offers low business loan interest rates. Be aware about current interest rates for business loans before you check for business loan documentation list and before you check your eligibility for business loan. Follow the table and compare the lowest business loan interest rate. Confused!! Cannot find your favourite bank with low interest rate?
Tell us your relation with a bank and your business experience and Loanyantra's experts, guide you for the lowest and good interest rate for business loan . Just call us 040-71011991 to know the best bank and for a faster business loan approval.
Bank NameInterest RatesEMI Per Lac Max Tenure

LoanYantra

SBI
8.05% to 8.60%Rs. 762 30 Years

LoanYantra

HDFC Bank
8.20% to 8.85%Rs. 2,808 48 months

LoanYantra

ICICI Bank
8.40% to 8.65%Rs. 808 30 Years

LoanYantra

Citibank
8.20% to 8.65%Rs. 822 25 Years

LoanYantra

RBL Bank
9.30% to 9.95%Rs. 941 25 Years

LoanYantra

Tata Capital
13.50% to 23.00%Rs. 2,708 48 months

LoanYantra

Bajaj Finserv
20.16%Rs. 2,733 48 months

LoanYantra

Capital First
16.00% to 24.00%Rs. 3,516 36 months

LoanYantra

Bank of Maharashtra
8.15% to 8.60%Rs. 787 30 Years

LoanYantra

Kotak Bank
8.25% to 8.90%Rs. 893 20 Years

LoanYantra

IndusInd Bank
9.15% to 9.80%Rs. 2,327 60 months

LoanYantra

Bank of Baroda
8.05% to 8.45%Rs. 780 30 Years

LoanYantra

Fullerton India
16.00% to 33.50%Rs. 2,834 48 months

LoanYantra

IDBI Bank
7.85% to 9.20%Rs. 787 30 Years

LoanYantra

Allahabad Bank
8.05% to 8.55%Rs. 890 20 Years

LoanYantra

PNB
7.90% to 8.50%Rs. 780 30 Years

LoanYantra

OBC
8.20% to 8.65%Rs. 819 25 Years

LoanYantra

Indian Overseas Bank
8.15% to 8.85%Rs. 780 30 Years

LoanYantra

Tamilnad Mercantile Bank
13.40% to 14.40%Rs. 2,296 60 months

LoanYantra

Dhan Laxmi Bank
8.60% to 9.90%Rs. 958 20 Years

LoanYantra

Development Credit Bank
10.70% to 18.00%Rs. 1,118 180 months

LoanYantra

Andhra Bank
8.20% to 8.70%Rs. 790 30 Years

LoanYantra

United Bank of India
8.00% to 8.70%Rs. 780 30 Years

LoanYantra

Corporation Bank
8.05% to 8.85%Rs. 805 30 Years

LoanYantra

Syndicate Bank
8.15% to 8.60%Rs. 787 30 Years