What is a Business Loan?

A business loan is a financial tool that you as a business owner can avail of to address urgent and planned expenses. With the Business Loan, you can use the sanction to expand your business, buy machinery, or boost production with ease. This is possible due to ample sanction, up to Rs. 45 lakh, available to all eligible applicants. The loan also comes with a competitive interest rate and doesn’t require you to pledge business assets as collateral.