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 | 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 |
Also read: Best Business Loan Interest Rate
Also read: Best Business Loan Eligibility
Also Read : Best Business Loan Documents Required
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:
.png)
Top Credit Cards in India