ABC Home
Loans
Investments
Insurance
Payments
Cards
Download ABCD

Scan to Download the App

Playstore
Appstore
1800-270-7000

SME Finance

Aditya Birla Finance Limited

Unsecured Business Loan

Quick loans to help your SMEs flourish

  • Register yourself
  • Get verified as an applicant
  • Get loan disbursal in no time
Apply Now

Unsecured Business Loan

A line of credit, is an arrangement between a financial institutions, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain a customer may draw upon the available line of credit, provided that the amount does not exceed the limit. Money borrowed on the line of credit must be paid back within a specified timeframe, at a specified interest rate. Unlike a loan, however, only the money actually drawn (or used) on a line of credit is charged

  • Business Loan Below 10 Lakh

A line of credit, is an arrangement between a financial institutions, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain a customer may draw upon the available line of credit, provided that the amount does not exceed the limit.

  • Business Loan Above 10 Lakh

A line of credit, is an arrangement between a financial institutions, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain a customer may draw upon the available line of credit, provided that the amount does not exceed the limit.

A line of credit, is an arrangement between a financial institutions, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain a customer may draw upon the available line of credit, provided that the amount does not exceed the limit.

A line of credit, is an arrangement between a financial institutions, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain a customer may draw upon the available line of credit, provided that the amount does not exceed the limit.

Is a business loan for you ?

Your business can profit from borrowing essential funds required to upscale operations, purchase new premises and machinery, acquire the latest technology and skilled manpower, operationalize new supply chain management systems and drive growth through optimum asset allocation. Taking a business loan at competitive interest rates will propel your goals towards rapid fruition.

Why opt for our loan for business? ​

  • Maximum loan amount: Rs 1 Crore.
  • Fixed rate of interest, interest rates remain unchanged throughout the tenure of the loan.
  • Flexible tenure from 48 months to 60 months
  • Repayment channels: ECS/NACH.
  • No security or collateral required.
  • Repayment via easy EMI

Aditya Birla Finance business loans process

  • Audited financials and Income Tax Returns filed for last two years from date of application.
  • Bank statement for the last 6months.
  • KYC documents as required.

Do you have questions?

Call 1800 270 7000 or write us at care.finance@adityabirlacapital.com.

Why a loan for business from Aditya Birla Finance ?

The Aditya Birla Finance business loan is a unique offering, in that it is a business loan provided in India without security. It helps businesses in an increasingly competitive environment by providing the edge through funding – companies can take loans for business expansion, machinery purchase, or to even start a new business. We offer businesses the opportunity to realize their goals by fulfilling various financial needs, from working capital requirement to debt consolidation, and asset acquisition. The product has been designed for individual and non-individual entities, either self-employed entrepreneurs, traders, manufacturers and/or companies.

Unsecured Business Loan FAQ's

An Unsecured Business Loan refers to funds borrowed from a lender for business-related purposes. In this type of loan, the lender does not necessitate collateral, and the repayment can be made through Equated Monthly Installments (EMIs).

The loan offers a minimum tenure of 12 months, with the option to extend it up to 60 months. This applies to all, including unsecured business loans for new businesses.

The loan amount is determined based on your needs, credit score, and the evaluation of your company.

The primary benefit of Unsecured Business Lending lies in its lack of collateral requirement. You are not obligated to provide security to access funds. Some other benefits are:


  • Faster processing times
  • Affordable EMIs
  • Flexible repayment terms

Term Business Loan: Comes with 4-5 repayment tenure.


Overdraft (OD) Facility: An Overdraft (OD) enables you to borrow money from your lender, provided you have a business account such as a Current Account.


Loan on Business Credit Card: The lender grants pre-approval for a loan based on your credit card transactions and bill payments in this type of loan.


Government-backed financing schemes: To inspire more individuals to pursue their entrepreneurial aspirations, the Government of India has introduced various credit schemes, including initiatives like Pradhan Mantri MUDRA Yojana (PMMY), Stand-up India, Credit Guarantee Schemes (CGS), and more.


Consumer Loans: MSMEs can utilize a buy-now-pay-later scheme for acquiring equipment essential for their business space, including items like computers, laptops, air conditioning units, printers, security systems, and more.

The loan processing typically requires 1 to 2 working days, assuming all necessary documentation is in order and readily available.

  • Electronic Clearing Services (ECS)
  • Post-Dated Cheques (PDCs)
  • Direct Debit

Both minimum and maximum unsecured business loan rates vary depending on the lender.

Proprietorship, Partnership, Public, and Private Limited Companies.
A loan is generally disbursed within 7-10 working days after the submission of complete and correct documents.
ABFL provides both short term and long term loans based on the business requirement of the client. This may range from 3 months to 12 years.
You can pay the processing fee through cheques/NEFT/RTGS facility.
View All Questions
  • Blog Image

  • What Is A CIN Number and Why Is It Important for Your Business

    Read now
  • Blog Image

  • The Different Types of Loans Available in India

    Read now
View all

Explore our other products