HDFC Bank Business Loan
HDFC Bank's business loan is one of the most-used unsecured MSME credit products in India. It's aimed at established businesses with 3+ years of vintage and steady GST filings. Below are the published terms and eligibility criteria.
By Aditi Menon·Editor-in-Chief·reviewed by editor
Last updated: 15 June 2025
Interest Rate
10.75% – 18% p.a.
Loan Amount
₹50,000 to ₹75 lakh
Tenure
12 to 48 months
Processing Fee
Up to 2.5% (min ₹2,359)
Key features
- Unsecured business loan - no collateral required
- Loan amount up to ₹75 lakh for eligible MSMEs
- Tenure 12 to 48 months
- Doorstep documentation and dedicated relationship manager
- Overdraft facility available for existing loan holders
Fees and charges
| Charge | Amount |
|---|---|
| Processing fee | Up to 2.5% (min ₹2,359) + GST |
| Foreclosure charges | 2-4% based on tenure elapsed |
| Part-payment | Allowed after 6 EMIs, 2-4% fee |
| Late payment | 2% per month on overdue |
| Cheque bounce | ₹550 + GST |
Eligibility
- Business vintage of 3+ years
- Annual turnover of ₹40 lakh and above
- Last 2 years' ITR with net profit ₹1.5 lakh+
- Consistent GST filings for the last 12 months
- Age of proprietor / promoter 25 to 65 years
- CIBIL CMR 4 or better; promoter personal score 720+
Documents required
- PAN of business and all promoters
- Business proof - Udyam / GST / Shop Act
- Last 2 years' audited financials + ITR
- Last 12 months' current-account statement
- Existing loan repayment track (if any)
- Business address proof