Business Loans backed by your Current Account
Business Loans curated for Current Account holders:
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GST Surrogate Program
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Banking Surrogate Program: Turnover-Based and ABB-Based
NO Collateral, NO Stress — just growth made simple
Eligible Borrowers
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Self Employed Individuals
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Self-Employed Professionals (Doctors, CA, ICWA, CS, Architect etc.)
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Sole Proprietor Concerns
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Partnership Firms / LLP
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Limited Companies (Private Ltd. & Closely held Public Ltd. unlisted companies)
Features
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Loan Type: Term Loan
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Tenor: 36 months
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Age: Minimum 27 yrs - Maximum 65 yrs
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Business Stability: Minimum 5 years of business in same line
Loan Amount
| GST Surrogate Program | Banking Turnover (Credits) | Banking ABB | |
|---|---|---|---|
| Minimum Loan Amount | INR 5 lacs | INR 5 lacs | INR 5 lacs |
| Maximum Loan Amount | Up to INR 40 lakhs | Up to INR 35 lakhs | Up to INR 35 lakhs |
Documents
| GST Surrogate Program | Banking Turnover (Credits) | Banking ABB | |
|---|---|---|---|
| Documents | Last 12 months GST mandatory, Last year ITR, Last 6 months bank statements | Last year ITR | Last year ITR |
| GST Return to be collected till N-2 months. (For eg: if case logged in December, GST to be collected till October) | Last 12 months banking | Last 12 months banking |
Product Brief
1. GST-Based Unsecured Business Loans
A turnover-based financial assessment ensures faster processing with minimal documentation. Loan eligibility is primarily derived from the GST sales data reported by the customer.
Why This Loan?
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Quick assessment using GST data.
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Suitable for traders, manufacturers & service providers.
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Ideal for working capital, expansion, inventory & business growth.
2. Banking Credits – Unsecured Business Loans
A banking-based loan program designed for self-employed non-professionals. The loan eligibility is determined by analysing the customer’s banking habits and total credit inflows in their bank account over a period.
Why Choose This Loan?
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Quick approvals based on simple bank statement checks.
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Loan amount derived from your bank credits, not heavy income documentation.
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Ideal for business owners seeking flexible funds for growth.
3. Average Bank Balance (ABB) – Unsecured Business Loan
This program evaluates the average monthly balance maintained by the customer. Loan eligibility is calculated based on the Average Bank Balance (ABB) over the review period.
Why Choose This Loan?
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Better loan amount eligibility due to consistent balances.
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Quick approvals with steady monthly banking transactions.
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Ideal for working capital, business expansion, inventory purchase & growth.
