ZipLoan Business Loan

Updated on September 21, 2025

Author: MybankingTips Team

ZipLoan is a growing company that provides business loans for startups, expanding businesses, covering day-to-day expenses, or purchasing new machinery. They offer loans with interest rates ranging from 1% to 1.5% per month. The maximum loan amount available is up to Rs. 7.5 lakh, with repayment options spanning up to 36 months.

Table of Contents
ZipLoan Business Loan Interest Rate
Eligibility Criteria
Documents Required for Loan Application
FAQs

ZipLoan Business Loan Interest Rate

ZipLoan Business Loan
Interest Rate	1% – 1.5% per month (Flat)
Loan Amount	Min. Rs. 1 lakh & Max. Rs. 7.5 lakh
Processing Fee	1-2% of the sanctioned loan amount
Repayment Tenure	12 months -36 months
Collateral	Not required for business with turnover of Rs. 10 lakh
Prepayment Charges	Nil, after first 6 months
Loan Sanctioning Tenure	Within 3 business days after form submission
Annual Turnover	More than Rs. 10 lakh

Comparison Table of Business Loan Interest Rates offered by MybankingTips Partners:

Bank/NBFC/Fintech	Interest Rate
SBI Bank	9.10% p.a.	Apply Now
HDFC Bank	10.00% - 22.50% p.a.	Apply Now
Kotak Mahindra Bank	16% p.a. onwards	Apply Now
RBL Bank	14%-26% p.a.	Apply Now
ICICI Bank	Up to 17% p.a.	Apply Now
Axis Bank	10.75% p.a.	Apply Now
IDBI Bank	8.05% to 13.45% p.a	Apply Now
Bank Of Baroda	10% to 15% p.a	Apply Now
Ujjivan Small Bank	Up to 2.50%	Apply Now
Bajaj Finserv	9.75% - 25% p.a.	Apply Now
IIFL Finance	12.75% - 44% p.a.	Apply Now
FlexiLoans	1% per month onwards	Apply Now
ZipLoan	1% - 1.5% per month (Flat)	Apply Now
Indifi Finance	1.5% per month onwards	Apply Now
Five Star Business Finance	Up to 2%	Apply Now
Lendingkart Finance	1.25% per month onwards	Apply Now
Tata Capital Finance	12% p.a. onwards	Apply Now
NeoGrowth Finance	15% p.a. onwards	Apply Now
Hero FinCorp	Up to 26% p.a.	Apply Now
Aye Finance	Up to 2.5%	Apply Now
Clix Capital	Up to 3%	Apply Now
Protium Finance	Up to 1.5%	Apply Now
HDB Finance	8% - 26% p.a.	Apply Now
U GRO Capital	Up to 9% p.a.	Apply Now
Mcapital Business	Up to 2% p.a.	Apply Now

Also read: Best Business Loan Interest Rate

Eligibility Criteria

Last ITR of more than Rs. 1.5 lakh
Business existence of at least 2 years
Either business space or home should be self-owned
Applicant should have a minimum of 10 lakh of annual turnover

Also read: Best Business Loan Eligibility

Documents Required for Loan Application

Personal Documents - PAN card, Residence address proof, Ownership of property proof
Business Documents - Business PAN card, Business vintage, entity, and address proofs, GST registration certificate, Last year’s ITR, Last 12 months’ Bank account statement

Also Read : Best Business Loan Documents Required

Frequently Asked Questions

ZipLoan has branches in six cities across India, namely Delhi/NCR, Mumbai, Lucknow, Bhopal, Indore, and Jaipur.

The highest loan amount available for borrowing is Rs. 7.5 lakh.

Yes, you have the option to obtain a top-up loan on your existing business loan.

After submitting the required documents, it typically takes a minimum of 3 working days to process and disburse business loans.

Loans from ZipLoan are exclusively for business purposes, offering various benefits such as: Starting a new business Expanding an existing business Improving cash flow Purchasing goods and raw materials, and more