SBI offers various business loan products including working capital finance, term loans, trade finance, and loans for business expansion, machinery purchase, and commercial property acquisition. SBI also provides loans for MSMEs and startups.
Adiyogi Enterprises is delighted to partner with State Bank of India (SBI) to bring you exceptional business loan options, crafted to help your business reach new heights. With affordable interest rates starting from just 10.25% per annum, you can access loans up to Rs 50 Lakhs, with flexible tenures of up to 8 years. Whether you need funds for business expansion, working capital, or equipment purchase, SBI’s business loans are designed to meet your specific needs.
| Interest Rate | Starting from 10.25% per annum |
| Loan Amount | Up to Rs 50 Lakhs |
| Loan Tenure | Up to 8 years |
| Processing Charges | 0.50% to 1% of the loan amount (minimum Rs 5,000) |
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SBI offers various business loan products including working capital finance, term loans, trade finance, and loans for business expansion, machinery purchase, and commercial property acquisition. SBI also provides loans for MSMEs and startups.
Eligibility for a business loan from SBI is based on factors like the applicant’s business stability, financial health, credit score, age, turnover, and business plan. Both small businesses and large corporates can apply for loans based on their financial requirements.
Documents required include KYC details, business registration proof, financial statements (audited/unaudited), income tax returns, bank statements, and any other specific documents requested by SBI, depending on the loan type.
The interest rate for business loans at SBI varies depending on the loan amount, tenure, and the applicant’s creditworthiness. Rates are competitive and flexible, with both fixed and floating options available based on the loan type.
You can apply for a business loan from SBI online through their official website or visit any SBI branch to submit your application. Additionally, you can contact SBI's customer service for more information on the application process.
Apply for SBI Bank Business Loan