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 Name | Interest Rates | EMI Per Lac | Max Tenure |
|---|
| 
SBI | 7.70% to 8.25% | Rs. 725 | 35 Years |
| 
HDFC Bank | 7.95% to 8.60% | Rs. 2,808 | 48 months |
| 
ICICI Bank | 8.10% to 8.35% | Rs. 808 | 30 Years |
| 
Citibank | 8.00% to 8.30% | Rs. 822 | 25 Years |
| 
RBL Bank | 9.05% to 9.85% | Rs. 941 | 25 Years |
| 
Tata Capital | 13.50% to 23.00% | Rs. 2,708 | 48 months |
| 
Bajaj Finserv | 20.16% | Rs. 2,733 | 48 months |
| 
Capital First | 16.00% to 24.00% | Rs. 3,516 | 36 months |
| 
Bank of Maharashtra | 8.05% to 8.40% | Rs. 769 | 30 Years |
| 
Kotak Bank | 8.15% to 8.65% | Rs. 893 | 20 Years |
| 
IndusInd Bank | 8.90% to 9.55% | Rs. 2,327 | 60 months |
| 
Bank of Baroda | 7.95% to 8.35% | Rs. 741 | 30 Years |
| 
Fullerton India | 16.00% to 33.50% | Rs. 2,834 | 48 months |
| 
IDBI Bank | 7.85% to 8.90% | Rs. 787 | 30 Years |
| 
Allahabad Bank | 7.85% to 8.35% | Rs. 890 | 20 Years |
| 
PNB | 7.75% to 8.35% | Rs. 751 | 30 Years |
| 
OBC | 7.85% to 8.35% | Rs. 819 | 25 Years |
| 
Indian Overseas Bank | 8.05% to 8.70% | Rs. 780 | 30 Years |
| 
Tamilnad Mercantile Bank | 13.40% to 14.40% | Rs. 2,296 | 60 months |
| 
Dhan Laxmi Bank | 8.50% to 9.80% | Rs. 958 | 20 Years |
| 
Development Credit Bank | 10.70% to 18.00% | Rs. 1,118 | 180 months |
| 
Andhra Bank | 7.80% to 8.30% | Rs. 790 | 30 Years |
| 
United Bank of India | 7.95% to 8.45% | Rs. 744 | 30 Years |
| 
Corporation Bank | 7.90% to 8.65% | Rs. 790 | 30 Years |
| 
Syndicate Bank | 7.90% to 8.35% | Rs. 744 | 30 Years |