Indifi Business Loan


  • Basis purposes of the Business loan.
  • Mandatory documents while taking documents.
  • Know your Eligibility for taking business loans.
  • Get some important fees and features.
  • Different types of business loans offered by Indifi.

You are searching for Non-banking finance you offer unsecured business loans. So no need to find who offers business loans without collateral, therefore, get a business loan with Indifi. It offers loans up to ₹ 50 lakhs according to your business background. The processing fees are charged by 2% of the loan amount. You can avail this facility for business purposes and enjoy the highest loan amount. You have a flexible repayment option to repay the loan amount. With the help of Indifi Business Loan, you can meet the urgent need of money.

Business Loan

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    Some of the Basic Purpose of Business Loan

    This is a list of some business purposes where you can use the loan amount.

    • Increase in Working Capital
    • Expansion of Existing Business
    • Buying Stock
    • Inventory
    • Renovation
    • Upgrade Equipments
    • Advertising
    • For Hiring New Staff
    • Employee Daily Wages
    • Financing Marketing Campaigns
    • Improve Cash Flow

    Know Your Eligibility Criteria

    • The age of the applicant should be 23 years and above.
    • Your business must be 1 year old and must be in working condition.

    Some Charges of Business Loan

    In the table below, you can know about some important fees, loan amount, interest rate, tenure and processing fee.

    Loan AmountUp to ₹50 Lacs
    Interest RateStarts from 1.5% Per Month
    TenureUp to 36 Months
    Processing Fees2%

    Indifi Business Loan Important Features

    • Indifi Business loan offers unsecured loans which means that you do not need any collateral, security and guarantors.
    • Get flexible loan tenure options as per your repayment capacity.
    • Indifi Business loans are very quick and hassle-free.
    • Take a loan up to ₹50 lacs as per your requirements and capability.
    • The business loan interest rate offered by Indifi is competitive.
    • There will be no hidden charges. All fees are opened at the time of loan processing.
    • Indifi Business loan requires only a minimum number of documents for the loan process.
    • There are many lenders for loan applications so it increases your loan approval opportunities.
    • It owns specific business products to meet the needs of your business.
    • You can calculate the exact EMI through Business Loan EMI Calculator.
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    Different Types of Business Loan

    These are the four basic types of business loans offered by Indifi. So accordingly what you can take is suitable for you and your business.

    Term Loan

    A term loan is an amount which can be taken from any financial institution to fulfil the business needs, the interest rate is charged by Indifi is Floating charges.

    Terms and Conditions

    • Your business must be operated for at least 2 years.
    • If the turnover of the business is more than lac 10 lakhs, then you have to give 2-year income tax return (ITR).
    • It requires VAT returns for the last 12 months.
    • You can avail the term loan for up to 36 months.

    Line of Credit

    The line of credit is the fixed amount of money that can be used during cash flow fluctuations. This feature is best for frequent cash flow.

    Terms and Conditions

    • Get the loan approval very fast and can be used for up to 12 months.
    • Pay only for what you use.
    • The age of the applicant must be greater than 24 years.
    • Business operations will have a history of 2 years.
    • The VAT should be provided for the last 12 months.

    Invoicing Discounting

    Invoice discounting is the process in which you can borrow money from any financial institution. This can be based on the invoice that you have raised.

    Terms and Conditions

    • You can get invoice discounting line up to ₹1 crore.
    • Advance payment of up to 90% invoice value.
    • It offers an easy repayment method.
    • Get instant cash in your account.
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    How Invoice Discounting Works?

    These are the basic steps of invoice discounting works.

    • Firstly you have to raise the invoice to the client after that share with Indifi.
    • Indifi will immediately pay you up to 90% of the invoice value.
    • Finally, repay the amount when your client pays you back.

    Merchant Cash Advance

    This merchant cash is suitable for those who transact through a card swipe. This amount can be used for various purposes such as setting up shops, expanding business, buying new stock and more.

    Terms and Conditions

    • Get flexible repayment option through daily deductions.
    • The tenure period is up to 12 months with a merchant cash advance.
    • You should have a minimum of 6 months card swapping history.
    • Required minimum business monthly transaction of ₹50,000.
    • Applicants must be 24 years and above.
    • If business turnover is more than ₹10 lacs then you have to provide the latest 2 years ITR.

    Documents Needed While Taking Business Loan

    Below this list of documents, you need to provide these documents at the time of loan processing.

    KYC DocumentsFinancial Documents
    - Pan Card ( Company/ Firms/ Individual)
    - Passport Sized Coloured Photograph
    - Address Proof
    - Identity Proof
    - Business Address Proof
    - Business Registration Proof
    - Latest 2 year Income Tax Return
    - Business Continuity Proof
    - Balance Sheet
    - Profit & Loss Account
    - Computation of Income
    - Bank Statement of latest 6 months
    - Certificate of Incorporation (COI)
    - Memorandum and Article of Association

    Note – All documents are certified by a Chartered Accountant.

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