Back to Business Loan
Apply Now
State Bank of India
State Bank of India offers a wide range of business loan schemes for MSMEs and larger enterprises, including government scheme integration.
Interest Rate
9.50% - 13.50%
Processing Fee
Up to 1.00% of loan amount
Max Loan Amount
Up to ₹5 Crores
Max Tenure
Up to 10 years
Key Benefits
Features
- Collateral-free options for eligible businesses
- Flexible repayment structures
Special Offers
- Pre-approved limits for existing current account holders
Pros & Cons
Advantages
- Lower starting interest rate
- Wide branch network for in-person support
Considerations
- Documentation-heavy, slower processing than private banks
Eligibility
- Minimum 2 years business vintage
- Minimum annual turnover as per bank policy
- Good credit history
Documents Required
- PAN card
- GST returns
- Bank statements (12 months)
- ITR (2 years)
Frequently Asked Questions
Important Disclaimer
- All information provided is for reference purposes only and subject to change.
- Interest rates and fees are indicative and may vary based on your profile and market conditions.
- Loan approval is subject to the bank's terms and conditions and credit assessment.
- Processing-fee cashback, where applicable, is credited only after loan disbursal and unlocks upon EMI completion — it is not available for guest applications.
- Please verify all details with the bank before making any financial decisions.
Ready to apply with State Bank of India?
Get your processing fee back as cashback after disbursal.
Apply Now