Business Loan for Setting Up a New Business

Starting a new business requires significant capital investment — from purchasing equipment and inventory to securing office space and covering initial operational costs. Many aspiring entrepreneurs struggle to arrange adequate funding through traditional channels, which often involve lengthy procedures and extensive paperwork.

Airtel Finance Business Loan for setting up a new business provides the financial foundation you need to turn your entrepreneurial dreams into reality, offering quick access to funds with a completely digital application process.

Airtel Finance makes business funding accessible and hassle-free for new entrepreneurs:

• High loan amounts
  Access funds up to ₹75 lakh to cover all your startup expenses.
• Competitive interest rates
  Starting at just 14% per annum, to keep your costs manageable.
• Flexible repayment terms
  Choose a tenure from 12 to 96 months that suits your business cash flow.
• 100% digital process
  Apply online without visiting any branch or dealing with paperwork.

Quick disbursal
Get funds in your account within 24–48 hours of approval.

Airtel Finance partners with leading NBFCs and financial institutions to provide tailored business loans for entrepreneurs looking to establish new ventures. Whether you're planning to start a retail store, manufacturing unit, service business, or any other commercial enterprise, our loan for setting up a new business is designed to support your specific funding requirements.

The entire process is streamlined through digital channels, ensuring you can focus on planning your business while we handle the financing. With transparent terms, no hidden charges, and dedicated customer support, Airtel Finance makes business funding straightforward and reliable.

Getting your loan for setting up a new business is simple with our digital-first approach:

1. Download the Airtel Thanks app
   Navigate to the finance section to get started.
2. Select a business loan
   Fill in your basic business details accurately.
3. Upload required documents
   Include business registration, financial statements, and any other necessary documents.
4. Get instant pre-approval
   Receive a pre-approval decision based on your business profile and creditworthiness.
5. Complete final verification
   Once verified, the funds are transferred directly to your business account.

Explore business loan features such as:

• Wide loan range
  Borrow anywhere up to ₹75 lakh based on your business requirements and eligibility.
• Attractive interest rates
  Competitive rates starting at 14% per annum with a transparent pricing structure.
• Flexible tenure options
  Choose a repayment period from 12 months to 96 months to match your business projections.
• Digital-first process
  Complete application, documentation, and approval entirely online through the mobile app.
• Quick processing
  Get approval decisions fast with minimal waiting time for fund disbursal.
• Transparent fees
  Processing fee between 2–3.95% + GST with no hidden charges or surprise costs.

To qualify for a loan for setting up a new business, ensure you meet these business loan eligibility criteria:

• Business type: Indian business entity (proprietorship, partnership, private limited, etc.).
• Business vintage: Minimum 1 year of continuous operation.
• Annual turnover: At least ₹5 lakh in annual business turnover.
• Minimum loan: Must apply for at least ₹2 lakh funding.
• Address proof: Valid business address with proper documentation.
• Financial records: Maintained books of accounts and tax filings.

Crucial business loan documents required are: