Adiyogi Enterprises is pleased to partner with ICICI Bank to offer you tailored business loan solutions that empower your business to thrive. With competitive interest rates starting from just 10.50% per annum, you can access loans up to Rs 50 Lakhs, with flexible tenures extending up to 8 years. Whether you need funds for expanding your business, purchasing equipment, or managing working capital, ICICI Bank offers financial solutions that meet your needs.
| Interest Rate | Starting from 10.50% per annum |
| Loan Amount | Up to Rs 50 Lakhs |
| Loan Tenure | Up to 8 years |
| Processing Charges | 1% of the loan amount (minimum Rs 5,000) |
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ICICI Bank offers a wide range of business loans, including working capital finance, term loans for business expansion, equipment financing, loans for machinery, and overdraft facilities. They also provide business loans for startups and MSME businesses.
To be eligible for an ICICI Bank business loan, the applicant should be a resident Indian, aged between 25 to 65 years, and should have a minimum turnover of Rs. 5 lakh per annum. The applicant's business should be profitable and must have a good credit history.
Required documents include proof of identity and address, bank statements for the last 6 months, business financials (P&L, balance sheets, etc.), income tax returns, business registration documents, and any other documents requested by ICICI Bank.
ICICI Bank offers competitive interest rates on business loans, which may vary depending on the type of loan, loan amount, tenure, and the applicant’s credit profile. Rates can be fixed or floating, depending on the loan terms.
You can apply for a business loan from ICICI Bank through their official website, or by visiting any ICICI Bank branch. Alternatively, you can apply through their mobile app or reach out to customer service for guidance during the application process.
Apply for ICICI Bank Business Loan